Intuit Stock: Analyst Estimates & Ratings

With a market cap of $99.1 billion, Intuit Inc. (INTU) is a global financial technology company dedicated to powering prosperity for individuals, businesses, and communities worldwide. Serving approximately 100 million customers through trusted products like TurboTax, Credit Karma, QuickBooks, Mailchimp, and Intuit Enterprise Suite, the company delivers innovative solutions that help people achieve financial success.

Shares of the Mountain View, California-based company have lagged behind the broader market over the past 52 weeks. INTU stock has decreased 48.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.2%. Moreover, shares of the company have fallen 45.3% on a YTD basis, compared to SPX's 12.3% gain.

In addition, shares of Intuit have underperformed the State Street Technology Select Sector SPDR ETF's (XLK) 40.9% increase over the past 52 weeks. 

Intuit's shares tumbled 20% following its Q3 2026 results on May 20 as it cut its TurboTax fiscal 2026 revenue forecast to $5.277 billion - $5.282 billion, citing an expected 0.3% (about 2 million returns) decline in total IRS tax filings - the steepest industry contraction since the post-COVID era. The company also announced it would cut 17% of its workforce (nearly 3,000 employees) and record $300 million - $340 million in restructuring charges, reinforcing concerns that generative AI is disrupting TurboTax's core business despite expanding AI investments.

Although Q3 adjusted EPS of $12.80 beat estimates, revenue of $8.56 billion missed expectations, and investors focused on the weaker TurboTax outlook and AI-related competitive risks.

For the fiscal year which ended in July 2026, analysts expect Intuit's EPS to grow 18.3% year-over-year to $18.18. The company's earnings surprise history is promising. It beat the consensus estimates in each of the last four quarters.

Among the 31 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on 18 “Strong Buy” ratings, two “Moderate Buys,” nine “Holds,” and two “Strong Sells.”

This configuration is less bullish than three months ago, with 22 “Strong Buy” ratings on the stock.

On Aug 17, Mizuho analyst Siti Panigrahi cut its price target for Intuit to $430 while maintaining an “Outperform" rating.

The mean price target of $453.25 represents a 25.6% premium to INTU’s current price levels. The Street-high price target of $900 suggests a 149.4% potential upside. 

On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.