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Intuit ( (INTU) ) just unveiled an update.
On January 30, 2026, Intuit Inc. entered into a new Credit Agreement with a syndicate of lenders led by JPMorgan Chase Bank, establishing a $5.8 billion unsecured short-term revolving credit facility maturing on March 31, 2026, dedicated exclusively to funding the company’s early tax refund offering. The facility, which is incremental to Intuit’s existing commercial paper program and an earlier credit agreement dated January 9, 2026, allows borrowings at SOFR or a base rate plus a modest margin, carries a 0.07% commitment fee on unused commitments, and includes customary covenants such as a maximum consolidated leverage ratio, though Intuit had not drawn any funds as of the agreement date. The arrangement strengthens Intuit’s liquidity and operational capacity to advance federal tax refunds up to five days before IRS settlement—only after IRS confirmation and Treasury initiation of payment to a company-controlled account—reinforcing its position in consumer tax services while leveraging longstanding banking relationships for flexible seasonal funding support.
The most recent analyst rating on (INTU) stock is a Buy with a $598.00 price target. To see the full list of analyst forecasts on Intuit stock, see the INTU Stock Forecast page.
Spark’s Take on INTU Stock
According to Spark, TipRanks’ AI Analyst, INTU is a Outperform.
Intuit’s strong financial performance and positive earnings call are significant strengths, driving the overall score. However, high valuation and mixed technical indicators present potential risks. The company’s strategic focus on AI and mid-market expansion supports a positive long-term outlook.
To see Spark’s full report on INTU stock, click here.
More about Intuit
Intuit Inc. is a Delaware-based financial software and services company best known for products that facilitate tax preparation, small-business accounting, and personal finance management, with a strong focus on U.S. consumers and small enterprises seeking streamlined access to tax refunds and related financial services.
Average Trading Volume: 2,113,519
Technical Sentiment Signal: Sell
Current Market Cap: $149.9B
See more insights into INTU stock on TipRanks’ Stock Analysis page.