Intuit Inc., US4612021034

Intuit buys Sequence and RBC keeps USD 385 target for Intuit stock

Published on 10/22/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intuit agreed to buy Sequence on October 15, 2026. Intuit stock costs EUR 297.85 on October 22, 2026, 0.07 percent below Xetra.

Acquisition and analyst view

Intuit announced the Sequence agreement on October 15, 2026.
RBC Capital maintained its USD 385.00 target on October 2, 2026.
Intuit stock trades at EUR 297.85 at 12:21 p.m. CEST at Lang & Schwarz on October 22, 2026, 0.07 percent below the Xetra close of October 21, 2026.
Intuit Connect starts on October 26, 2026, and the next earnings date is November 19, 2026.

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Intuit Inc. (ISIN US4612021034) was trading at EUR 297.85 at Lang & Schwarz on October 22, 2026 at 12:21 p.m. CEST, 0.07 percent below the Xetra close of October 21, 2026 at EUR 298.05. The company had announced an agreement to acquire Sequence on October 15, 2026, adding revenue-management software to its mid-market portfolio, according to Intuit.

Sequence expands the mid-market push

Sequence automates pricing, billing, invoicing, collections and revenue recognition for business-to-business finance teams. Intuit said the transaction will strengthen Intuit Enterprise Suite and QuickBooks Online Advanced, while the Sequence team will join Intuit's Mid-Market product organization. The agreement also broadens Intuit's reach into software and professional-services companies with usage-based and milestone pricing.

Financial figures frame the scale of the move. For the quarter ended July 31, 2026, Intuit generated USD 4.35 billion in revenue and USD 1.34 diluted earnings per share, according to MarketBeat. Revenue increased 13.70 percent year over year, while the same report said adjusted earnings per share were USD 4.03 against a USD 3.58 consensus estimate for the reported quarter.

What does the analyst target signal?

Benzinga listed RBC Capital's October 2, 2026 decision to maintain an Outperform rating and a USD 385.00 price target. That target sits above the current euro quote, but the currencies differ, so the figures are not combined into a percentage comparison.

Three dates set the next checks

The recent chronology runs from Intuit's quarterly report on August 25, 2026, when revenue reached USD 4.35 billion, through RBC Capital's target decision on October 2, 2026, to the Sequence agreement on October 15, 2026. The sequence shows a shift from financial results toward product expansion, with the acquisition aimed at a specific mid-market workflow.

Gekko lists Intuit Connect for October 26, 2026 and the next earnings report for November 19, 2026. Those dates give investors two upcoming checkpoints for product adoption and the financial effect of the new offering.

Stock price stays near EUR 298

The current euro quote is only EUR 0.20 below the dated Xetra close, leaving the immediate market signal subdued while the acquisition remains the stronger company-specific development. Intuit's primary listing is Nasdaq, where the stock was last quoted at USD 335.61 on October 21, 2026 at 4:00 p.m. ET.

Intuit stock was trading at EUR 297.85 at Lang & Schwarz on October 22, 2026 at 12:21 p.m. CEST, 0.07 percent below the Xetra close of October 21, 2026 at EUR 298.05. The further course of trading is shown by the continuously updated real-time quote of Intuit stock.