Intuit (INTU) Stock Forecast & Price Target

$658.20

+25.13 (+3.97%)

(As of 12:58 PM ET)

Intuit - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 20 Analyst Ratings

Based on 20 Wall Street analysts who have issued ratings for Intuit in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 20 analysts, 5 have given a hold rating, and 15 have given a buy rating for INTU.

Consensus Price Target

$720.37
9.45% Upside

High Forecast	$795.00
Average Forecast	$720.37
Low Forecast	$520.00

According to the 20 analysts' twelve-month price targets for Intuit, the average price target is $720.37. The highest price target for INTU is $795.00, while the lowest price target for INTU is $520.00. The average price target represents a forecasted upside of 9.45% from the current price of $658.20.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	15 Buy rating(s)	18 Buy rating(s)	18 Buy rating(s)	19 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$720.37	$691.77	$679.41	$551.73
Forecasted Upside	9.45% Upside	11.27% Upside	11.13% Upside	12.70% Upside

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INTU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

INTU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Intuit Stock vs. The Competition

Type	Intuit	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.75	2.64	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	13.79% Upside	93.76% Upside	7.93% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/23/2024	Barclays 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$745.00 ➝ $740.00	+17.26%
8/23/2024	Jefferies Financial Group 2 of 5 stars		Boost Target	Buy ➝ Buy	$770.00 ➝ $790.00	+18.75%
8/23/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$585.00 ➝ $600.00	-9.81%
8/23/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$760.00 ➝ $768.00	+15.44%
8/23/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$730.00 ➝ $780.00	+17.24%
8/23/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$690.00 ➝ $795.00	+19.50%
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8/23/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$700.00 ➝ $760.00	+14.24%
8/16/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Positive ➝ Positive	$757.00 ➝ $757.00	+15.90%
8/14/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$750.00 ➝ $685.00	+6.07%
7/3/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Jaluria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$760.00	+15.81%
6/28/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$727.00 ➝ $750.00	+14.12%
6/14/2024	Erste Group Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
5/21/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$725.00 ➝ $750.00	+12.34%
5/20/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$625.00 ➝ $670.00	+0.18%
5/20/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$720.00 ➝ $740.00	+11.92%
2/23/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$670.00 ➝ $725.00	+9.75%
2/23/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$670.00 ➝ $725.00	+9.17%
2/23/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$678.00 ➝ $712.00	+8.22%
9/29/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$600.00 ➝ $660.00	+27.73%
9/29/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$520.00	+1.51%
9/6/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$580.00 ➝ $640.00	+16.24%
8/25/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$500.00 ➝ $570.00	+14.34%
8/25/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$525.00 ➝ $575.00	+15.35%
7/19/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$532.00	+7.38%
4/24/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$530.00	+18.73%
3/15/2023	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$444.00	+8.74%
9/22/2022	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$500.00	+22.35%
9/19/2022	CICC Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:24 PM ET.

INTU Forecast - Frequently Asked Questions

What is Intuit's forecast for 2024?: According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Intuit is $720.37, with a high forecast of $795.00 and a low forecast of $520.00.
Should I buy or sell Intuit stock right now?: 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last twelve months. There are currently 5 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" INTU shares.
Does Intuit's stock price have much upside?: According to analysts, Intuit's stock has a predicted upside of 11.78% based on their 12-month stock forecasts.
Has Intuit been downgraded by Wall Street analysts recently?: Over the previous 90 days, Intuit's stock had 1 downgrade by analysts.
What analysts cover Intuit?: Intuit has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Royal Bank of Canada, Stifel Nicolaus, and Susquehanna in the past 90 days.
Do Wall Street analysts like Intuit more than its competitors?: Analysts like Intuit more than other "computer and technology" companies. The consensus rating score for Intuit is 2.75 while the average consensus rating score for "computer and technology" companies is 2.65. Learn more on how INTU compares to other companies.