Why Analysts Remain Bullish On Intuit Inc. (INTU) [Yahoo! Finance]
Intuit Inc. (INTU)
Last intuit inc. earnings: 2/24 04:01 pm
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US:NASDAQ Investor Relations:
investors.intuit.com
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Source: Yahoo! Finance
Markets trimmed the price target on Intuit Inc. (NASDAQ:INTU) from $820 to $600 and reiterated a Buy rating. According to the firm, the company ended the second quarter of FY26 with results that outperformed not only the management's expectations but also the firm's projections. Freedom Capital Markets believes the earlier stock sell-off was driven by market fears of a potential AI-driven disruption. While raising near-term financial forecasts, the firm anticipates weak long-term growth rates. The firm has incorporated multiple compressions across SaaS companies as it cuts the price target. Intuit Inc. (NASDAQ:INTU) Previously, on March 24, BMO Capital maintained an Outperform rating and a price target of $550 on Intuit Inc. (NASDAQ:INTU). The firm notes that the case for upside to its roughly 8% FY26 growth outlook has become more appreciated by the investors following the Q2 earnings report. BMO further added that, similar to its competitors, some AI-powered bear-case concerns
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INTU
Earnings
- 2/26/26 - Beat
INTU
Sec Filings
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- INTU's page on the SEC website