Stifel Nicolaus Cuts Intuit (NASDAQ:INTU) Price Target to $500.00

Intuit (NASDAQ:INTU) had its price objective lowered by Stifel Nicolaus from $800.00 to $500.00 in a report published on Friday morning,MarketScreener reports. Stifel Nicolaus currently has a buy rating on the software maker’s stock.

Several other research firms have also weighed in on INTU. Mizuho set a $675.00 target price on shares of Intuit in a research note on Thursday, February 19th. TD Cowen lowered their price objective on shares of Intuit from $802.00 to $658.00 and set a “buy” rating for the company in a research report on Monday, February 9th. KeyCorp cut their target price on shares of Intuit from $825.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. BNP Paribas Exane decreased their target price on Intuit from $600.00 to $340.00 and set an “underperform” rating for the company in a research note on Monday, February 23rd. Finally, Daiwa Securities Group increased their price target on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Twenty-three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $660.07.

Intuit Stock Up 3.7%

Shares of Intuit stock opened at $409.03 on Friday. The business has a 50-day moving average price of $526.10 and a 200 day moving average price of $616.73. Intuit has a fifty-two week low of $349.00 and a fifty-two week high of $813.70. The firm has a market cap of $113.82 billion, a P/E ratio of 26.49, a P/E/G ratio of 1.67 and a beta of 1.27. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last released its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter last year, the business posted $3.32 EPS. Intuit’s quarterly revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, sell-side analysts forecast that Intuit will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, April 9th. Intuit’s payout ratio is currently 31.09%.

Insider Activity at Intuit

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the completion of the transaction, the chief executive officer directly owned 13,611 shares in the company, valued at $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Scott D. Cook sold 1,402 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total value of $936,564.04. Following the sale, the director directly owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is owned by company insiders.

Institutional Trading of Intuit

A number of hedge funds and other institutional investors have recently modified their holdings of INTU. Anchor Investment Management LLC lifted its holdings in Intuit by 1.8% in the 4th quarter. Anchor Investment Management LLC now owns 2,633 shares of the software maker’s stock valued at $1,744,000 after acquiring an additional 46 shares during the last quarter. BDFS Capital LLC purchased a new stake in shares of Intuit in the fourth quarter valued at $619,000. Sit Investment Associates Inc. boosted its holdings in shares of Intuit by 2.8% during the fourth quarter. Sit Investment Associates Inc. now owns 34,977 shares of the software maker’s stock worth $23,169,000 after purchasing an additional 965 shares during the period. MidFirst Bank purchased a new stake in shares of Intuit during the fourth quarter worth $393,000. Finally, SG Trading Solutions LLC bought a new stake in shares of Intuit in the 4th quarter valued at approximately $864,000. Institutional investors own 83.66% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q2 results beat: Intuit reported stronger-than-expected fiscal Q2 results — revenue grew ~17% and EPS topped consensus, and the company reaffirmed its FY26 revenue and EPS framework (FY26 EPS guide ~22.98–23.18). This confirms ongoing growth momentum and investor confidence in underlying businesses. Intuit Tops Q2 Earnings, Reaffirms FY26 Growth Outlook Amid AI Push
• Positive Sentiment: AI positioning: Management and analysts highlight Intuit’s AI investments (TurboTax, QuickBooks, Credit Karma integrations) as a structural tailwind — executives say AI is fueling the next growth phase and should deepen switching costs rather than displace the business. Intuit’s CFO isn’t flinching at AI. He says it’s fueling the company’s next growth phase
• Positive Sentiment: Board signals confidence with dividend: Intuit declared a quarterly cash dividend of $1.20 per share (record April 9, pay April 17), underscoring cash generation and capital return policy. This supports income-oriented investor demand. Intuit Board Declares Cash Dividend, Signals Ongoing Confidence
• Neutral Sentiment: Analyst target updates mixed: Several firms trimmed price targets (Goldman, JPMorgan, Oppenheimer, RBC, others) but most maintained Buy/Outperform/Overweight stances — signaling caution on near-term multiple expansion while still backing the longer-term thesis. Monitor how these revisions affect sentiment and flows. Goldman Sachs adjusts price target on Intuit to $519 from $720; maintains neutral rating
• Negative Sentiment: Soft near-term guidance & higher marketing spend: Intuit’s Q3 guidance was softer than some expected — management flagged elevated marketing investment for peak U.S. tax season that will weigh on near-term margins and profit expectations, which triggered short-term selling pressure across headlines. Intuit Shares Tumble Despite Earnings Beat as Tax Season Outlook Disappoints
• Negative Sentiment: Market reaction: Despite the beat, coverage and write-ups emphasize the softer FQ3 outlook and tax-season margin pressure — multiple headlines note the stock initially slid after hours, reflecting sensitivity to forward guidance versus reported results. Investors should watch guidance execution and marketing ROI. Intuit Logs Higher Second-Quarter Profit, Gives Soft Third-Quarter Outlook

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.