Intuit stock slips 1.90 percent as Goldman keeps USD 304 target

Intuit stock fell 1.90 percent to USD 286.80 on Nasdaq on September 23, 2026, leaving the company with a market capitalization of USD 78.450 billion. The decline followed a fresh analyst split, with Goldman Sachs reiterating a Sell rating and a USD 304 price target on September 24, 2026.

Goldman keeps a cautious target

According to Investing.com, Goldman analyst Gabriela Borges cited limited visibility into newer growth areas and pressure in the tax business. The same report said Intuit had declined 22 percent over the month and 56 percent year to date on September 24, 2026.

The target picture is divided. MarketBeat reported that Mizuho reiterated an Outperform rating with a USD 430 target, while the analyst consensus was Hold with an average target of USD 431.55.

Revenue growth slows in guidance

Intuit reported fiscal 2026 revenue of USD 21.448 billion for the year ended July 31, 2026, up 14 percent from USD 18.831 billion in fiscal 2025. GAAP diluted EPS rose 20 percent to USD 16.46, while GAAP operating income increased 20 percent to USD 5.884 billion.

Fourth-quarter revenue reached USD 4.354 billion, up from USD 3.831 billion in the comparable quarter. The release set fiscal 2027 revenue guidance at USD 23.279 billion to USD 23.512 billion, implying growth of 9 percent to 10 percent and a clear deceleration from fiscal 2026.

Stock remains below analyst targets

At USD 286.80, Intuit stock stood USD 17.20 below the Goldman Sachs target of USD 304 on September 23, 2026. The quote was also below the average MarketBeat target of USD 431.55, while the 52-week range ran from USD 252.84 to USD 703.96.

For investors, the central contrast is numerical: fiscal 2026 delivered 14 percent revenue growth, but fiscal 2027 guidance points to 9 percent to 10 percent. That gap explains why strong reported earnings have not removed the debate over Intuit's next growth phase.