Intuit Inc. experienced a price decline of 4.41%, hitting a 20-day low amid broader market strength, with the Nasdaq-100 up 0.48% and the S&P 500 up 0.31%.
The drop in Intuit's stock price comes despite the announcement of a strategic partnership with Circle Internet Group to integrate stablecoin features across its platforms, including Credit Karma, QuickBooks, and TurboTax. This collaboration aims to enhance the speed and security of international money transfers, leveraging USDC and Circle's infrastructure. Analysts from BMO Capital have lowered their price target for Intuit from $870 to $810 while maintaining an Outperform rating, indicating that the company's growth potential remains strong despite the recent stock decline.
This partnership reflects Intuit's commitment to financial innovation and could open new avenues for user engagement. However, analysts suggest that the current market focus may be shifting towards AI stocks, which could impact investor sentiment towards Intuit in the near term.
Wall Street analysts forecast INTU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INTU is 814.59 USD with a low forecast of 700.00 USD and a high forecast of 880.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
Wall Street analysts forecast INTU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INTU is 814.59 USD with a low forecast of 700.00 USD and a high forecast of 880.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Buy
2 Hold
0 Sell
Strong Buy
Current: 561.770
Low
700.00
Averages
814.59
High
880.00
Current: 561.770
Low
700.00
Averages
814.59
High
880.00
Wells Fargo
Overweight -> Equal Weight
downgrade
$840 -> $700
2026-01-08
Reason
Wells Fargo
Price Target
$840 -> $700
AI Analysis
2026-01-08
downgrade
Overweight -> Equal Weight
Reason
Wells Fargo downgraded Intuit to Equal Weight from Overweight with a price target of $700, down from $840. The firm believes the company's "robust" rebound in tax last year will be a "tough act to follow." Elevated expectations and tougher comparisons present a more challenging setup for Intuit in 2026, the analyst tells investors in a research note.
TD Cowen
Jared Levine
Buy
initiated
$802
2026-01-07
Reason
TD Cowen
Jared Levine
Price Target
$802
2026-01-07
initiated
Buy
Reason
TD Cowen analyst Jared Levine initiated coverage of Intuit with a Buy rating and $802 price target. The firm sees upside potential to estimates and believes the company's perceived artificial intelligence risks are overdone. The stock will outperform as Intuit posts upside to consensus expectations, the analyst tells investors in a research note. TD believes the company's "double-digit total return model" is underappreciated at current share levels.
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Truist
NULL
to
Buy
initiated
$739
2026-01-06
Reason
Truist
Price Target
$739
2026-01-06
initiated
NULL
to
Buy
Reason
Truist initiated coverage of Intuit with a Buy rating and $739 price target. Intuit maintains a dominant market position, providing tangential financial technology products to consumers and SMBs across its TurboTax, Credit Karma, QuickBooks, and Mailchimp brands, the analyst tells investors in a research note. Intuit's suite is increasingly shifting towards cloud-based, subscription and fintech services, supporting strong recurring revenue and margin expansion, Truist says.
BMO Capital
Daniel Jester
Outperform
downgrade
$870 -> $810
2025-11-21
Reason
BMO Capital
Daniel Jester
Price Target
$870 -> $810
2025-11-21
downgrade
Outperform
Reason
BMO Capital analyst Daniel Jester lowered the firm's price target on Intuit to $810 from $870 but keeps an Outperform rating on the shares. The company started FY26 with good results, which were a bit better than expected in Credit Karma and in the QBO ecosystem, as QBO is benefiting from improved mix in accounting from the push into the middle-market and from strong growth in the payments offerings, the analyst tells investors in a research note. The firm adds however that it is lowering its valuation multiple to 31- to 32-times enterprise value to expected free cash flow on average to keep consistent with positioning at a small premium against the comp group.
About INTU
Intuit Inc. offers a financial technology platform that helps consumers and small and mid-market businesses prosper by delivering financial management, compliance, and marketing products and services. It also provides specialized tax products to accounting professionals. Its offerings include TurboTax, Credit Karma, QuickBooks, and Mailchimp. Lacerte, ProSeries, and ProConnect Tax Online. Its Global Business Solutions segment serves small and mid-market businesses around the world, and the accounting professionals who assist and advise them. Its Consumer segment serves consumers and includes do-it-yourself and assisted TurboTax income tax preparation products and services sold in the United States and Canada. Its Credit Karma segment serves consumers with a personal finance platform that provides personalized recommendations for credit card, home, auto, and personal loan, and insurance products. Its ProTax segment serves professional accountants in the United States and Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
