Intuit slides as investors focus on tax-season outlook and spending plans

Intuit (INTU) is down 3.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The move looks tied to investors re-pricing Intuit’s near-term outlook after its latest quarterly update, with attention on profitability during peak U.S. tax season as the company ramps marketing and support spend. Recent price-target reductions from multiple analysts may also be adding pressure as the market digests guidance and valuation.

Details:

Intuit posted strong fiscal Q2 results and reiterated full-year fiscal 2026 guidance, but also issued quarterly guidance for the period ending April 30 (a key tax-season quarter), which can amplify sensitivity to any perceived conservatism in profit expectations.

For that current quarter, Intuit guided to a per-share profit range that some investors have viewed cautiously given higher planned tax-season customer acquisition and service costs.

In its fiscal Q2 Form 10-Q, Intuit disclosed a $5.8 billion short-term revolving credit facility maturing March 31, 2026, tied to its early tax refund offering mechanics, highlighting seasonal working-capital dynamics that can draw scrutiny.

Separate analyst actions in late February included maintained ratings but reduced price targets, reinforcing a more cautious tone around the stock near-term.

Sources:

Intuit Investor Relations, SEC (Form 10-Q), GuruFocus

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$INTU Insider Trading Activity

$INTU insiders have traded $INTU stock on the open market 116 times in the past 6 months. Of those trades, 0 have been purchases and 116 have been sales.

Here’s a breakdown of recent trading of $INTU stock by insiders over the last 6 months:

SCOTT D COOK has made 0 purchases and 99 sales selling 494,365 shares for an estimated $327,541,897.
SASAN K GOODARZI (CEO, President and Director) has made 0 purchases and 2 sales selling 41,000 shares for an estimated $26,653,960.
SANDEEP AUJLA (EVP and CFO) has made 0 purchases and 4 sales selling 3,602 shares for an estimated $2,373,429.
RICHARD L DALZELL has made 0 purchases and 11 sales selling 1,998 shares for an estimated $1,321,068.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$INTU Hedge Fund Activity

We have seen 1,068 institutional investors add shares of $INTU stock to their portfolio, and 1,127 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 10,202,831 shares (-76.4%) from their portfolio in Q4 2025, for an estimated $6,758,559,311
JPMORGAN CHASE & CO added 1,139,677 shares (+10.8%) to their portfolio in Q4 2025, for an estimated $754,944,838
PARNASSUS INVESTMENTS, LLC removed 1,134,238 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $774,582,472
BLACKROCK, INC. removed 1,073,713 shares (-3.9%) from their portfolio in Q4 2025, for an estimated $711,248,965
COATUE MANAGEMENT LLC removed 839,460 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $556,075,093
AMUNDI removed 782,984 shares (-42.1%) from their portfolio in Q4 2025, for an estimated $518,664,261
LONE PINE CAPITAL LLC removed 771,666 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $526,978,428

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$INTU Congressional Stock Trading

Members of Congress have traded $INTU stock 4 times in the past 6 months. Of those trades, 3 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $INTU stock by members of Congress over the last 6 months:

SENATOR MARKWAYNE MULLIN has traded it 2 times. They made 2 purchases worth up to $100,000 on 12/29, 09/24 and 0 sales.
REPRESENTATIVE JULIA LETLOW purchased up to $15,000 on 10/01.
REPRESENTATIVE LISA C. MCCLAIN sold up to $15,000 on 09/11.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$INTU Analyst Ratings

Wall Street analysts have issued reports on $INTU in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

TD Cowen issued a "Buy" rating on 01/08/2026
BMO Capital issued a "Outperform" rating on 11/21/2025
Wells Fargo issued a "Overweight" rating on 11/21/2025
RBC Capital issued a "Outperform" rating on 11/21/2025
Evercore ISI Group issued a "Outperform" rating on 11/18/2025

To track analyst ratings and price targets for $INTU, check out Quiver Quantitative's $INTU forecast page.

$INTU Price Targets

Multiple analysts have issued price targets for $INTU recently. We have seen 10 analysts offer price targets for $INTU in the last 6 months, with a median target of $600.0.

Here are some recent targets:

Steven Enders from Citigroup set a target price of $649.0 on 03/02/2026
Kash Rangan from Goldman Sachs set a target price of $519.0 on 03/02/2026
Siti Panigrahi from Mizuho set a target price of $600.0 on 03/02/2026
Kirk Materne from Evercore ISI Group set a target price of $540.0 on 02/27/2026
Scott Schneeberger from Oppenheimer set a target price of $558.0 on 02/27/2026
Rishi Jaluria from RBC Capital set a target price of $600.0 on 02/27/2026
Michael Turrin from Wells Fargo set a target price of $425.0 on 02/24/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.