UBS Group Issues Pessimistic Forecast for Intuit (NASDAQ:INTU) Stock Price

21 May 2026, 11:42 by Teresa Graham · The Cerbat Gem

Intuit (NASDAQ:INTU – Get Free Report) had its target price dropped by investment analysts at UBS Group from $440.00 to $360.00 in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The firm presently has a “neutral” rating on the software maker’s stock. UBS Group’s price target suggests a potential downside of 6.23% from the company’s previous close.

A number of other research firms also recently commented on INTU. Daiwa Securities Group cut their price objective on shares of Intuit from $800.00 to $640.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Evercore restated an “outperform” rating and issued a $400.00 price target (down from $540.00) on shares of Intuit in a research report on Thursday. Weiss Ratings lowered shares of Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Guggenheim set a $633.00 target price on shares of Intuit in a research note on Monday, March 16th. Finally, Wells Fargo & Company dropped their price target on shares of Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $582.32.

Read Our Latest Report on Intuit

Intuit Stock Down 3.9%

Shares of INTU opened at $383.93 on Thursday. The stock has a 50 day moving average price of $408.90 and a 200 day moving average price of $514.39. Intuit has a one year low of $342.11 and a one year high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. The stock has a market capitalization of $106.18 billion, a price-to-earnings ratio of 24.87, a PEG ratio of 1.61 and a beta of 1.04.

Intuit (NASDAQ:INTU – Get Free Report) last announced its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $0.23. The company had revenue of $8.56 billion for the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Equities research analysts forecast that Intuit will post 17.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the sale, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. This represents a 2.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.49% of the stock is currently owned by insiders.

Institutional Trading of Intuit

Several hedge funds have recently modified their holdings of INTU. NEOS Investment Management LLC raised its position in Intuit by 63.8% in the 3rd quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock valued at $82,984,000 after purchasing an additional 47,330 shares during the last quarter. Varma Mutual Pension Insurance Co lifted its position in shares of Intuit by 8.7% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock valued at $30,771,000 after acquiring an additional 3,600 shares during the period. Nicholson Wealth Management Group LLC purchased a new stake in shares of Intuit during the 3rd quarter worth approximately $1,465,000. Crossmark Global Holdings Inc. boosted its stake in shares of Intuit by 15.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock worth $32,526,000 after acquiring an additional 6,503 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in shares of Intuit by 50.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock worth $21,765,000 after acquiring an additional 10,661 shares during the period. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit delivered stronger-than-expected fiscal Q3 results, with EPS of $12.80 and revenue of $8.56 billion, both slightly ahead of Wall Street estimates. The company also raised FY 2026 and Q4 guidance, signaling continued demand and healthy operating momentum. Article Title
Positive Sentiment: Management said it will continue investing in AI and “big bets,” and the board approved an $8 billion buyback plus a 15% dividend increase, which supports shareholder returns and suggests confidence in cash flow. Article Title
Neutral Sentiment: Broader tech trading was mixed, with market futures and Nasdaq sentiment pressured by Nvidia-related moves, which may be adding some macro noise around INTU’s post-earnings reaction. Article Title
Negative Sentiment: Intuit announced it will cut about 17% of its workforce, or roughly 3,000 jobs, in a restructuring tied to AI investment. Investors are reacting negatively to the execution risk, restructuring charges, and the signal that management sees a need to aggressively reset the cost base. Article Title
Negative Sentiment: The company also trimmed TurboTax revenue guidance, raising concerns about slower growth in a key business line and fueling fears that AI disruption could pressure legacy tax-prep demand. Article Title

About Intuit

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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.