TD Cowen Has Lowered Expectations for Intuit (NASDAQ:INTU) Stock Price

Intuit (NASDAQ:INTU) had its price objective reduced by TD Cowen from $802.00 to $658.00 in a research note issued on Monday, Marketbeat.com reports. The firm presently has a “buy” rating on the software maker’s stock. TD Cowen’s price objective indicates a potential upside of 56.15% from the stock’s previous close.

Several other analysts also recently commented on the stock. Wall Street Zen raised shares of Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. The Goldman Sachs Group began coverage on shares of Intuit in a research note on Monday, January 12th. They set a “neutral” rating and a $720.00 target price on the stock. Independent Research set a $875.00 price target on shares of Intuit in a research note on Tuesday, November 18th. Daiwa Securities Group upped their price objective on shares of Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Finally, Wolfe Research reduced their target price on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Twenty-two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $772.42.

Intuit Stock Down 3.7%

Intuit stock opened at $421.39 on Monday. The firm has a market cap of $117.26 billion, a price-to-earnings ratio of 28.80, a PEG ratio of 1.79 and a beta of 1.24. Intuit has a 52-week low of $411.11 and a 52-week high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a 50 day moving average price of $598.12 and a two-hundred day moving average price of $651.37.

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

Insider Buying and Selling

In related news, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the completion of the sale, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $659.95, for a total value of $219,763.35. Following the transaction, the director owned 13,476 shares in the company, valued at approximately $8,893,486.20. This trade represents a 2.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 388,464 shares of company stock valued at $255,514,393. 2.49% of the stock is owned by company insiders.

Institutional Trading of Intuit

Institutional investors and hedge funds have recently made changes to their positions in the company. Tortoise Investment Management LLC increased its stake in Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after buying an additional 27 shares during the last quarter. Joseph Group Capital Management bought a new position in shares of Intuit in the fourth quarter valued at approximately $25,000. Westside Investment Management Inc. increased its position in shares of Intuit by 161.5% during the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after acquiring an additional 21 shares during the last quarter. Sagard Holdings Management Inc. purchased a new stake in shares of Intuit during the second quarter valued at approximately $28,000. Finally, True Wealth Design LLC lifted its holdings in Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after acquiring an additional 27 shares during the period. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: CNBC personality and market influencer Jim Cramer publicly said he would buy Intuit “right here, right now,” which can attract retail buying and short‑term demand. Jim Cramer on Intuit: “I’d Be a Buyer Right Here, Right Now”
• Positive Sentiment: Strategists at major banks say recent software weakness from AI disruption fears creates a buying opportunity for high‑quality names—an argument that supports a rebound thesis for Intuit given its recurring revenue and market position. AI disruption fears create buying chance in US software stocks, strategists say
• Positive Sentiment: Analyst and commentary pieces (Seeking Alpha) are framing the large pullback as an attractive entry after an AI‑driven selloff, arguing Intuit’s fundamentals and regulated footprint make it resilient—this can support medium‑term investor interest. Intuit: Finally Attractive After AI-Driven 50% Selloff (Rating Upgrade)
• Positive Sentiment: Product development: Mailchimp enhancements and expanded SMS/automation rolls out to many international markets, supporting cross‑sell and revenue growth in Intuit’s commerce/marketing businesses. Product news helps the growth narrative. Intuit Mailchimp unlocks a new era of profitable ecommerce marketing
• Neutral Sentiment: Market breadth: The Nasdaq rebound and improved Fear & Greed index indicate broader sentiment may stabilize, which could help software names if the rally continues. Nasdaq Jumps Over 200 Points As Software Stocks Rebound
• Neutral Sentiment: Short interest data reported appears anomalous (shows 0 shares / NaN change and 0 days‑to‑cover); no clear sign of elevated short pressure from the available report. (Treat the metric as unreliable until clarified.)
• Negative Sentiment: Analyst price‑target cuts from BMO (810 → 624) and TD Cowen (802 → 658) reduced upside expectations despite both keeping buy/outperform stances; downward revisions signal lower near‑term model assumptions and weigh on sentiment. INTU price target lowered at BMO Capital TD Cowen adjusts price target on Intuit
• Negative Sentiment: Short‑term price action: commentary notes Intuit fell more than the broader market on the latest down day, reflecting concentrated selling pressure and sector rotation away from expensive software names. Intuit (INTU) Suffers a Larger Drop Than the General Market

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.