Intuit consensus stays Moderate Buy, shares trade near 52-week low

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 11:42.

Intuit Inc. (US4612021039) remains covered by a broad analyst community on NASDAQ. MarketBeat reports an average rating of "Moderate Buy" from 32 research firms, with recent price targets adjusted after the May earnings release. MarketBeat consensus overview

What analysts are saying

According to MarketBeat, Argus cut its Intuit price target from 580 dollars to 480 dollars on May 22 while keeping a Buy rating, reflecting a more cautious stance after the earnings and guidance update. Argus target move cited by MarketBeat Barclays lowered its target from 540 dollars to 443 dollars on May 21 and reiterated an Overweight view, pointing to long-term growth drivers but near-term valuation and execution risks. Barclays target adjustment data

Across the 32 firms tracked, MarketBeat notes the overall consensus as Moderate Buy, indicating a mix of Buy and Hold ratings rather than a uniformly bullish stance. Analyst recommendation summary The coverage reflects Intuit's status as a S&P 500 software name with a large installed base in tax, accounting and personal finance software.

Consensus numbers and valuation views

Zacks highlights Intuit's push into the mid-market segment with an estimated total addressable market of around 90 billion dollars, underpinned by AI-driven platforms and data assets. Zacks analysis on mid-market expansion The Zacks consensus earnings estimate for fiscal 2026 has been revised up 1.9 percent over the past month to 23.79 dollars per share, implying expected growth of about 18.1 percent year on year. Zacks EPS consensus data

Despite these revisions, Zacks assigns Intuit a Rank 3 (Hold), which reflects a neutral stance rather than an outright Buy recommendation. Zacks rank information In its note, Zacks points out that Intuit shares have fallen around 16.5 percent over the past month, underperforming both the broader industry and the S&P 500 index. Performance comparison versus S&P 500

The business behind the stock

Intuit generates most of its revenue from financial software platforms, including well-known brands such as TurboTax for tax preparation, QuickBooks for small business accounting and Credit Karma for consumer credit monitoring and personal finance tools. Intuit company overview These products sit on cloud-based, data-rich platforms that increasingly incorporate artificial intelligence to automate workflows and deliver personalized recommendations, particularly for mid-market customers described by Zacks. Zacks commentary on platform and AI usage

Where the stock trades today

Intuit shares (US4612021039) closed at 257.77 dollars on NASDAQ on June 22, 2026, according to MarketBeat, after a 3.5 percent decline during that session. MarketBeat price and performance data Premarket indications on June 23 show extended trading around 258.50 dollars, leaving the shares trading just above their 52-week low of 252.84 dollars and far below the 52-week high of 813.70 dollars. GuruFocus price range information

Disclaimer: This text is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. All data and assessments are based on sources cited and are subject to change.