Intuit (NASDAQ:INTU) Trading Down 7.3% After Analyst Downgrade

Shares of Intuit Inc. (NASDAQ:INTU) were down 7.3% during trading on Tuesday after Oppenheimer lowered their price target on the stock from $868.00 to $696.00. Oppenheimer currently has an outperform rating on the stock. Intuit traded as low as $454.06 and last traded at $451.7450. Approximately 639,321 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 2,793,794 shares. The stock had previously closed at $487.12.

Several other equities research analysts have also recently issued reports on the stock. Daiwa Capital Markets lifted their price objective on shares of Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $700.00 price target (down from $840.00) on shares of Intuit in a report on Thursday, January 8th. Evercore ISI reaffirmed an “outperform” rating and set a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. Wolfe Research cut their target price on Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. Finally, Independent Research set a $875.00 price target on Intuit in a report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Intuit has a consensus rating of “Moderate Buy” and a consensus price target of $785.12.

Insider Buying and Selling at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the sale, the director directly owned 13,476 shares of the company’s stock, valued at approximately $8,893,486.20. This trade represents a 2.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Scott D. Cook sold 75,000 shares of Intuit stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the transaction, the director owned 5,669,584 shares in the company, valued at $3,818,067,953.12. This trade represents a 1.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 388,464 shares of company stock valued at $255,514,393. Company insiders own 2.49% of the company’s stock.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Unusual options activity — a large spike in call purchases (about 29,545 calls, a ~229% increase vs. typical volume) suggests some investors are betting on a near‑term rebound, which can lift intraday demand. Read More.
• Positive Sentiment: Corporate PR and partnerships: recent Mailchimp research and an NFL/49ers Foundation financial‑literacy initiative raise Intuit’s consumer/brand visibility and could support longer‑term user engagement for Mailchimp/TurboTax/Financial services. Read More. | Read More.
• Neutral Sentiment: Macro/behavioral commentary: market pieces reminding investors not to “bottom feed” on new lows may temper bargain‑hunting and keep volatility elevated; this is a market psychology factor rather than company‑specific news. Read More.
• Neutral Sentiment: UK SME support initiatives highlight product/market expansion efforts but are unlikely to change near‑term earnings expectations. Read More.
• Negative Sentiment: Analyst pressure: Oppenheimer trimmed its price target from $868 to $696 (still an outperform rating), contributing to downward pressure and triggering re‑rating concerns among investors. Read More.
• Negative Sentiment: Downgrade and 12‑month low headlines — at least one analyst action pushed Intuit to a new 12‑month low, increasing headline risk and short‑term selling. Read More.
• Negative Sentiment: Sector‑wide AI/legal risk: an FT report notes an Anthropic legal tool and broader AI fears have hit software and analytics names (including Intuit), amplifying valuation skepticism for companies exposed to SMBs and analytics. Read More.
• Negative Sentiment: Context on the pullback: a Forbes analysis outlines a ~30% correction since November amid investor skepticism about premium multiples and exposure to small/mid‑market demand — a fundamental/valuation headwind. Read More.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Weaver Capital Management LLC grew its holdings in Intuit by 1.3% during the 2nd quarter. Weaver Capital Management LLC now owns 1,127 shares of the software maker’s stock valued at $888,000 after purchasing an additional 14 shares during the last quarter. May Hill Capital LLC boosted its position in shares of Intuit by 4.2% during the second quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock valued at $272,000 after buying an additional 14 shares during the period. Northern Financial Advisors Inc grew its stake in shares of Intuit by 1.3% during the second quarter. Northern Financial Advisors Inc now owns 1,209 shares of the software maker’s stock valued at $952,000 after buying an additional 15 shares during the last quarter. Telos Capital Management Inc. grew its stake in shares of Intuit by 2.6% during the second quarter. Telos Capital Management Inc. now owns 585 shares of the software maker’s stock valued at $461,000 after buying an additional 15 shares during the last quarter. Finally, Mcrae Capital Management Inc. raised its holdings in shares of Intuit by 0.7% in the second quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock worth $1,723,000 after buying an additional 15 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Price Performance

The stock has a 50 day moving average of $613.97 and a 200-day moving average of $661.75. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $124.01 billion, a P/E ratio of 30.46, a price-to-earnings-growth ratio of 1.77 and a beta of 1.24.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, beating the consensus estimate of $3.09 by $0.25. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The company had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.76 billion. During the same quarter in the prior year, the company posted $2.50 EPS. Intuit’s quarterly revenue was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, equities research analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, January 9th. Intuit’s dividend payout ratio (DPR) is currently 32.81%.

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.