JP Morgan Keeps Overweight Rating on Intuit, Reduces Price Target to $750
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 22 2025
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Should l Buy INTU?
Source: Benzinga
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Analyst Views on INTU
Wall Street analysts forecast INTU stock price to rise
18 Analyst Rating
16 Buy
2 Hold
0 Sell
Strong Buy
Current: 459.280
Low
700.00
Averages
814.59
High
880.00
Current: 459.280
Low
700.00
Averages
814.59
High
880.00
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.
Intuit Terminates Stock Sale Plans to Reaffirm Value Alignment
- Leadership Decision: Intuit's executive team and founder have decided to terminate all prescheduled 10b5-1 stock sale plans to emphasize the misalignment of the company's stock with its fundamental value, reflecting confidence in the company's future.
- Stock Buyback Plan: In fiscal Q2, Intuit repurchased $961 million worth of stock, with $3.5 billion remaining in its buyback authorization, and under current market conditions, this could nearly double the buyback pace compared to the previous year.
- Market Reaction: Despite a 34% decline in Intuit's stock over the past three months, the stock rose 1.8% in premarket trading following this announcement, indicating a positive market response to the company's strategic direction.
- Growth Outlook: Intuit reaffirms its revenue growth guidance of 12-13% for fiscal 2026 while planning to expand its AI-driven platforms and mid-market reach, demonstrating confidence and commitment to its technological transformation.
See More
US Stocks Rise Slightly Amid Oil Price Surge
- Market Performance: The S&P 500 Index rose by 0.25%, the Dow Jones Industrial Average increased by 0.10%, and the Nasdaq 100 Index climbed by 0.51%, reflecting strong performances from chipmakers and travel stocks, despite signs of a slowdown in hiring impacting market sentiment.
- Oil Price Surge: WTI crude oil prices jumped over 2% due to renewed Iranian attacks on key energy infrastructure, leading to expectations of an 8 million bpd reduction in global oil supply this month, which adds to market uncertainty and inflation concerns.
- Fed Policy Expectations: The market anticipates that the Federal Reserve will keep the federal funds target range unchanged at the upcoming FOMC meeting, even as the core PCE price index remains above target levels, indicating persistent inflationary pressures.
- Airline Stock Recovery: Delta Air Lines saw its stock rise over 6% after raising its Q1 revenue forecast, indicating signs of recovery in the airline sector amid rising fuel costs, with travel and hotel stocks also benefiting from increased bookings.
See More
US Stocks Rise Amid Oil Price Surge and Economic Data
- Market Performance: The S&P 500 Index rose by 0.64%, the Dow Jones Industrial Average increased by 0.59%, and the Nasdaq 100 Index climbed by 0.80%, indicating strong support from chipmakers and travel stocks, reflecting investor confidence in economic recovery.
- Employment Data Impact: The ADP report revealed an increase of only 9,000 jobs in February, the smallest gain in five weeks, signaling a slowdown in hiring by US employers, which contributed to a 2 basis point drop in the 10-year T-note yield to 4.20%, providing support for stocks.
- Oil Price Volatility: WTI crude oil prices surged over 1% due to Iranian attacks on key energy infrastructure in the Middle East, with the IEA warning that the conflict could disrupt global oil supply by 8 million barrels per day, further driving up prices.
- Fed Policy Expectations: The market widely anticipates that the Federal Reserve will keep interest rates unchanged at the upcoming FOMC meeting, despite the core PCE price index exceeding target levels, indicating persistent inflation pressures that may influence future monetary policy.
See More
U.S. Stocks Rise on Employment Data Impact
- Employment Data Impact: The ADP report indicates a mere 9,000 jobs added for the four weeks ending February 28, the lowest in five weeks, leading to a drop in the 10-year T-note yield to 4.20%, signaling a slowdown in the U.S. labor market that may influence Fed policy.
- Rising Oil Prices: Crude oil prices surged over 1% due to Iranian attacks on key energy infrastructure in the Middle East, potentially tightening global supply and impacting market sentiment and inflation expectations, especially ahead of the Fed's upcoming meeting.
- Market Reactions: While U.S. stocks generally rose with strong performances from tech and software stocks like Intuit and Datadog, which gained over 3%, the rise in oil prices heightened concerns about future inflation, potentially affecting investor confidence.
- Fed Policy Expectations: The market widely anticipates that the Fed will keep rates unchanged at the upcoming FOMC meeting, despite the core PCE price index standing at 3.1%, significantly above the 2.0% target, indicating a likely continued wait-and-see approach in response to economic slowdown.
See More
IYW ETF 52-Week Price Fluctuation Analysis
- Price Range Analysis: The IYW ETF has a 52-week low of $117.55 and a high of $211.98, with the current trading price at $191.30, indicating relative stability in a volatile market that may attract investor interest.
- Technical Analysis Tool: Comparing the current share price to the 200-day moving average provides investors with valuable insights for technical analysis, aiding in market trend assessment and potential buying opportunities.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting the liquidity and market performance of the fund.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding for ETFs highlights those experiencing significant inflows or outflows, which not only affects the ETF itself but can also have important implications for the individual stocks held within the fund.
See More
Navan Stock Rebound Potential Underestimated by Analysts
- Analyst Rating Upgrade: BMO Capital Markets has upgraded Navan to an outperform rating, with analyst Daniel Jester setting a price target of $13, indicating a potential upside of 48%, reflecting confidence in the company's growth prospects.
- Stock Price Decline Reasons: Navan's stock has plunged 48% this year, primarily due to concerns over potential disruption from AI tools and sustainable growth trends, which Jester believes may be overstated.
- Market Share Growth: Navan currently holds a low single-digit share of the global business travel booking market, but this figure has grown by 36% over the past 12 months, with expectations of at least 23% growth in the coming year, indicating strong market potential.
- Business Model Advantage: Jester highlights that Navan's hybrid model of automation and human travel agents resembles Intuit's approach, where despite increasing personnel to support growth, margins continue to expand healthily, showcasing its competitive edge.
See More
Intuit Terminates Stock Sale Plans to Reaffirm Value Alignment
- Leadership Decision: Intuit's executive team and founder have decided to terminate all prescheduled 10b5-1 stock sale plans to emphasize the misalignment of the company's stock with its fundamental value, reflecting confidence in the company's future.
- Stock Buyback Plan: In fiscal Q2, Intuit repurchased $961 million worth of stock, with $3.5 billion remaining in its buyback authorization, and under current market conditions, this could nearly double the buyback pace compared to the previous year.
- Market Reaction: Despite a 34% decline in Intuit's stock over the past three months, the stock rose 1.8% in premarket trading following this announcement, indicating a positive market response to the company's strategic direction.
- Growth Outlook: Intuit reaffirms its revenue growth guidance of 12-13% for fiscal 2026 while planning to expand its AI-driven platforms and mid-market reach, demonstrating confidence and commitment to its technological transformation.
See More
US Stocks Rise Slightly Amid Oil Price Surge
- Market Performance: The S&P 500 Index rose by 0.25%, the Dow Jones Industrial Average increased by 0.10%, and the Nasdaq 100 Index climbed by 0.51%, reflecting strong performances from chipmakers and travel stocks, despite signs of a slowdown in hiring impacting market sentiment.
- Oil Price Surge: WTI crude oil prices jumped over 2% due to renewed Iranian attacks on key energy infrastructure, leading to expectations of an 8 million bpd reduction in global oil supply this month, which adds to market uncertainty and inflation concerns.
- Fed Policy Expectations: The market anticipates that the Federal Reserve will keep the federal funds target range unchanged at the upcoming FOMC meeting, even as the core PCE price index remains above target levels, indicating persistent inflationary pressures.
- Airline Stock Recovery: Delta Air Lines saw its stock rise over 6% after raising its Q1 revenue forecast, indicating signs of recovery in the airline sector amid rising fuel costs, with travel and hotel stocks also benefiting from increased bookings.
See More
US Stocks Rise Amid Oil Price Surge and Economic Data
- Market Performance: The S&P 500 Index rose by 0.64%, the Dow Jones Industrial Average increased by 0.59%, and the Nasdaq 100 Index climbed by 0.80%, indicating strong support from chipmakers and travel stocks, reflecting investor confidence in economic recovery.
- Employment Data Impact: The ADP report revealed an increase of only 9,000 jobs in February, the smallest gain in five weeks, signaling a slowdown in hiring by US employers, which contributed to a 2 basis point drop in the 10-year T-note yield to 4.20%, providing support for stocks.
- Oil Price Volatility: WTI crude oil prices surged over 1% due to Iranian attacks on key energy infrastructure in the Middle East, with the IEA warning that the conflict could disrupt global oil supply by 8 million barrels per day, further driving up prices.
- Fed Policy Expectations: The market widely anticipates that the Federal Reserve will keep interest rates unchanged at the upcoming FOMC meeting, despite the core PCE price index exceeding target levels, indicating persistent inflation pressures that may influence future monetary policy.
See More
U.S. Stocks Rise on Employment Data Impact
- Employment Data Impact: The ADP report indicates a mere 9,000 jobs added for the four weeks ending February 28, the lowest in five weeks, leading to a drop in the 10-year T-note yield to 4.20%, signaling a slowdown in the U.S. labor market that may influence Fed policy.
- Rising Oil Prices: Crude oil prices surged over 1% due to Iranian attacks on key energy infrastructure in the Middle East, potentially tightening global supply and impacting market sentiment and inflation expectations, especially ahead of the Fed's upcoming meeting.
- Market Reactions: While U.S. stocks generally rose with strong performances from tech and software stocks like Intuit and Datadog, which gained over 3%, the rise in oil prices heightened concerns about future inflation, potentially affecting investor confidence.
- Fed Policy Expectations: The market widely anticipates that the Fed will keep rates unchanged at the upcoming FOMC meeting, despite the core PCE price index standing at 3.1%, significantly above the 2.0% target, indicating a likely continued wait-and-see approach in response to economic slowdown.
See More
IYW ETF 52-Week Price Fluctuation Analysis
- Price Range Analysis: The IYW ETF has a 52-week low of $117.55 and a high of $211.98, with the current trading price at $191.30, indicating relative stability in a volatile market that may attract investor interest.
- Technical Analysis Tool: Comparing the current share price to the 200-day moving average provides investors with valuable insights for technical analysis, aiding in market trend assessment and potential buying opportunities.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting the liquidity and market performance of the fund.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding for ETFs highlights those experiencing significant inflows or outflows, which not only affects the ETF itself but can also have important implications for the individual stocks held within the fund.
See More
Navan Stock Rebound Potential Underestimated by Analysts
- Analyst Rating Upgrade: BMO Capital Markets has upgraded Navan to an outperform rating, with analyst Daniel Jester setting a price target of $13, indicating a potential upside of 48%, reflecting confidence in the company's growth prospects.
- Stock Price Decline Reasons: Navan's stock has plunged 48% this year, primarily due to concerns over potential disruption from AI tools and sustainable growth trends, which Jester believes may be overstated.
- Market Share Growth: Navan currently holds a low single-digit share of the global business travel booking market, but this figure has grown by 36% over the past 12 months, with expectations of at least 23% growth in the coming year, indicating strong market potential.
- Business Model Advantage: Jester highlights that Navan's hybrid model of automation and human travel agents resembles Intuit's approach, where despite increasing personnel to support growth, margins continue to expand healthily, showcasing its competitive edge.
See More
