BMO Capital Markets Has Lowered Expectations for Intuit (NASDAQ:INTU) Stock Price

Intuit (NASDAQ:INTU) had its price objective lowered by BMO Capital Markets from $810.00 to $624.00 in a research report issued on Tuesday, MarketBeat.com reports. The firm currently has an “outperform” rating on the software maker’s stock. BMO Capital Markets’ price target would indicate a potential upside of 56.27% from the stock’s current price.

A number of other brokerages also recently commented on INTU. Daiwa Securities Group lifted their price objective on Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a research report on Wednesday, November 26th. KeyCorp reduced their target price on Intuit from $825.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Evercore restated an “outperform” rating and issued a $875.00 price target on shares of Intuit in a report on Tuesday, November 18th. Truist Financial initiated coverage on shares of Intuit in a research note on Tuesday, January 6th. They set a “buy” rating and a $739.00 price objective for the company. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Intuit in a report on Wednesday, January 28th. Twenty-two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $772.42.

Intuit Stock Down 5.2%

Shares of NASDAQ:INTU opened at $399.31 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $111.12 billion, a P/E ratio of 27.29, a P/E/G ratio of 1.72 and a beta of 1.24. Intuit has a 52-week low of $392.38 and a 52-week high of $813.70. The stock’s fifty day simple moving average is $593.15 and its 200-day simple moving average is $649.61.

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

Insider Buying and Selling

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the transaction, the chief executive officer owned 13,611 shares in the company, valued at $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the sale, the chief financial officer owned 536 shares in the company, valued at approximately $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 388,464 shares of company stock valued at $255,514,393 in the last 90 days. 2.49% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Intuit

Large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after acquiring an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Intuit by 145.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after purchasing an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit during the 1st quarter valued at approximately $785,564,000. Sivia Capital Partners LLC increased its holdings in Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after purchasing an additional 166 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Intuit by 20.6% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 954 shares of the software maker’s stock valued at $751,000 after purchasing an additional 163 shares in the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched an AI‑powered Construction Edition for its Intuit Enterprise Suite aimed at mid‑market construction companies — a new vertical product that could drive incremental ARR and upsell opportunities. Intuit Launches New AI‑Powered Construction Edition for Intuit Enterprise Suite
• Positive Sentiment: Intuit rolled out a new Firm Hub as a replacement for QBOA, improving product positioning for accounting firms and supporting professional‑channel growth. Intuit launches new firm hub as QBOA replacement
• Positive Sentiment: Mailchimp added advanced, data‑driven ecommerce marketing features and expanded SMS into new markets — product enhancements that aim to lift monetization and cross‑sell within Intuit’s marketing stack. Intuit Mailchimp Unlocks a New Era of Profitable Ecommerce Marketing
• Positive Sentiment: Media personalities expressed bullish views: Jim Cramer said he’d buy Intuit at current levels, which can attract short‑term buyers and retail interest. Jim Cramer on Intuit: “I’d Be a Buyer Right Here, Right Now”
• Neutral Sentiment: Barron’s and other strategists flagged that heavy short interest in software could set up a short squeeze if sentiment stabilizes — market‑level context that could create volatility in INTU. Software Stocks Look Primed for a Short Squeeze
• Neutral Sentiment: Analysts and strategists (Reuters, Morgan Stanley coverage) say AI disruption fears have pressured software stocks but may present buying opportunities in high‑quality names like Intuit. AI disruption fears create buying chance in US software stocks, strategists say
• Neutral Sentiment: Coverage pieces comparing Intuit with peers (CRM vs INTU) provide valuation context for value investors but contain mixed conclusions rather than a clear near‑term catalyst. CRM vs. INTU: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Short‑interest snippets in the feed show anomalous zero values and unreliable data — current days‑to‑cover metrics are not informative from these entries.
• Negative Sentiment: Intuit shares hit a 52‑week low, reflecting recent sector weakness and selling pressure that can prompt stop‑losses and margin selling. Intuit stock hits 52‑week low at $410.59
• Negative Sentiment: An employee filed a lawsuit alleging a manager called her a “DEI hire,” a reputational/legal overhang that could draw further scrutiny and distraction. Employee sues Intuit alleging manager branded her a ‘DEI hire’
• Negative Sentiment: BMO lowered its price target on INTU from $810 to $624 — a downgrade in modeled upside that can weigh on investor expectations despite an “outperform” rating. Intuit price target lowered at BMO Capital Markets
• Negative Sentiment: Market commentary (Zacks) notes INTU has recently dropped more than the broader market — emphasizing downside momentum that traders may view as confirmation of the selloff. Intuit Suffers a Larger Drop Than the General Market

About Intuit

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.