Susquehanna Cuts Intuit (NASDAQ:INTU) Price Target to $427.00

Intuit (NASDAQ:INTU) had its target price decreased by Susquehanna from $550.00 to $427.00 in a research note issued to investors on Monday, MarketBeat reports. Susquehanna currently has a positive rating on the software maker’s stock.

Other equities analysts have also issued research reports about the stock. Piper Sandler started coverage on shares of Intuit in a research report on Tuesday, July 14th. They issued an “underweight” rating and a $250.00 target price for the company. Erste Group Bank upgraded shares of Intuit to a “hold” rating in a research report on Monday, April 27th. Barclays reduced their price target on shares of Intuit from $540.00 to $443.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. Wall Street Zen cut shares of Intuit from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Northcoast Research lowered their price objective on shares of Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Twenty-one equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and a consensus target price of $468.84.

Intuit Stock Down 1.9%

Shares of Intuit stock opened at $284.47 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. Intuit has a 1-year low of $252.84 and a 1-year high of $813.70. The business’s fifty day moving average price is $297.51 and its two-hundred day moving average price is $396.75. The company has a market capitalization of $77.81 billion, a P/E ratio of 17.23, a PEG ratio of 1.06 and a beta of 1.00.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $0.23. The company had revenue of $8.56 billion during the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, research analysts forecast that Intuit will post 18.18 EPS for the current year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, July 9th were issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Thursday, July 9th. Intuit’s payout ratio is presently 29.07%.

Insider Buying and Selling at Intuit

In related news, Director Vasant M. Prabhu bought 1,250 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were bought at an average cost of $309.45 per share, with a total value of $386,812.50. Following the completion of the transaction, the director directly owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Richard L. Dalzell sold 338 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $279.86, for a total value of $94,592.68. Following the sale, the director directly owned 12,326 shares of the company’s stock, valued at approximately $3,449,554.36. This represents a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,239 shares of company stock worth $348,354 in the last ninety days. 2.49% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Intuit

A number of institutional investors have recently modified their holdings of the stock. Investors Research Corp increased its stake in shares of Intuit by 10.2% in the second quarter. Investors Research Corp now owns 1,077 shares of the software maker’s stock worth $281,000 after acquiring an additional 100 shares during the last quarter. Doliver Advisors LP boosted its position in Intuit by 190.2% during the second quarter. Doliver Advisors LP now owns 5,171 shares of the software maker’s stock valued at $1,350,000 after purchasing an additional 3,389 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in Intuit by 22.1% during the second quarter. Revolve Wealth Partners LLC now owns 1,038 shares of the software maker’s stock valued at $271,000 after purchasing an additional 188 shares during the last quarter. Atlas Brown Inc. purchased a new position in Intuit in the second quarter valued at about $400,000. Finally, Fluent Financial LLC purchased a new position in Intuit in the second quarter valued at about $1,454,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched a new QuickBooks-linked small business credit card with Mastercard, adding a spend-management and rewards product that could deepen the company’s ecosystem and support growth in its small-business segment. Article link
• Neutral Sentiment: Several articles reiterated Intuit’s longer-term growth appeal and highlighted its enterprise and QuickBooks platform strengths, but these were largely commentary pieces rather than fresh catalysts.
• Negative Sentiment: Multiple law firms announced or repeated reminders about a securities-fraud class action against Intuit, alleging misstatements or omissions about TurboTax’s competitive position, pricing pressure, and the strength of the tax business. These legal headlines can weigh on investor sentiment and raise uncertainty around the stock. Article link
• Negative Sentiment: Separately, Morgan Stanley’s cautious coverage and lowered expectations added to the pressure on Intuit and other software names, reinforcing concerns about near-term sentiment. Article link

Intuit Company Profile

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.