Intuit (INTU) AI Stock Analysis

• Market Cap: $113.12B
• Dividend Yield: 0.64%
• Average Volume (3M): 4.08M
• Price to Earnings (P/E): 28.0
• Beta (1Y): 0.69
• Revenue Growth: 17.14%
• EPS Growth: 41.18%
• Country: US
• Employees: 18,800
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 4.15
• Shares Outstanding: 278,274,080
• 10 Day Avg. Volume: 4,368,616
• 30 Day Avg. Volume: 4,082,862
• PEG Ratio: 1.86
• Price to Book (P/B): 11.15
• Price to Sales (P/S): 11.67
• P/FCF Ratio: 36.14
• Enterprise Value/Market Cap: 1.04
• Enterprise Value/Revenue: 5.87
• Enterprise Value/Gross Profit: 7.22
• Enterprise Value/Ebitda: 17.94
• 1Y Price Target: $607.32
• Price Target Upside: 48.48% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 20
• EPS Forecast (FY): 23.19
• Revenue Forecast (FY): $21.22B

• Rating: 74 Outperform
• Price Target: $442.00 ▲(8.06% Upside)
• Action: Reiterated Date: 02/27/26
• Date: Action: Reiterated 02/27/26

Overall score reflects strong financial quality and a constructive earnings outlook with reaffirmed double-digit growth guidance and shareholder returns. This is tempered by notably weak technicals (broad downtrend across moving averages and negative momentum), while valuation is reasonable but not a major bargain cushion.

Positive Factors

Recurring subscription ecosystem

Intuit’s subscription-led QuickBooks and enterprise offerings drive durable recurring revenue and cross-sell. Strong mid-market adoption (QBO Advanced and IES growth) increases lifetime value, reduces churn risk, and supports multi-year revenue visibility and predictable cashflows.

High margins and strong cash generation

Sustained high gross and EBIT margins plus consistently strong free cash flow underpin capital returns and reinvestment capacity. Reliable cash conversion supports buybacks, dividend increases and funding for product investment, insulating the business during growth cyclicality.

AI adoption and payments momentum

Rapid AI agent adoption boosts product stickiness and productivity gains for customers, enhancing retention and upsell potential. Simultaneously accelerating payments volumes create recurring transaction revenue and deepen platform monetization, reinforcing structural ecosystem value.

Negative Factors

Mailchimp underperformance

Mailchimp’s prolonged recovery undermines a previously strategic marketing/business platform and dampens near- to medium-term growth contribution. Ongoing churn and slower acquisition among smaller customers may restrain cross-sell and margin leverage until product fixes and re-engagement take hold.

Sizeable absolute debt

Moderate but meaningful absolute debt increases interest and refinancing exposure, potentially limiting flexibility for large M&A or faster buybacks if growth slows or rates rise. While leverage is manageable, it reduces optionality in adverse macro or capital-intensive initiatives.

Slowing revenue growth & legacy segment drag

A clear deceleration in overall revenue growth and slower legacy desktop traction signal maturation headwinds. Sustaining margin expansion will rely more on cost control and upsells, leaving earnings sensitive to execution and making long-term growth restoration a multi-quarter effort.

Intuit Business Overview & Revenue Model

Company Description

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProConnect. The Small Business & Self-Employed segment provides QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; QuickBooks Self-Employed solution; QuickBooks Commerce, a solution for product-based businesses; QuickBooks Online Accountant and QuickBooks Accountant Desktop Plus solutions; and payroll solutions, such as online payroll processing, direct deposit of employee paychecks, payroll reports, electronic payment of federal and state payroll taxes, and electronic filing of federal and state payroll tax forms. This segment also offers payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; QuickBooks Cash business bank account; and financial supplies and financing for small businesses. The Consumer segment provides TurboTax income tax preparation products and services; and personal finance. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProConnect segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.

How the Company Makes Money

Intuit primarily generates revenue through subscription services, software licenses, and transaction-based fees. Its key revenue streams include: 1) **TurboTax**: Revenue is generated from software purchases, e-filing fees, and value-added services, such as live tax advice. 2) **QuickBooks**: This product line earns money through subscription fees for cloud-based services, as well as one-time sales of desktop versions. 3) **Payments and Payroll Services**: Intuit receives transaction fees from businesses that process payments through QuickBooks and payroll services. 4) **Consumer Services**: Intuit also offers additional financial products and services that contribute to revenue, such as credit monitoring and personal finance tools. Significant partnerships with banks and financial institutions enhance its ecosystem, driving customer acquisition and retention, thereby boosting overall earnings.

Intuit Financial Statement Overview

Summary

High-quality fundamentals with durable profitability (very high gross margins and solid EBIT margins) and strong free cash flow generation with good earnings quality. The main offsets are a clear slowdown in TTM revenue growth and moderate but meaningful absolute debt, which can constrain flexibility if growth cools further.

Income Statement

INTU shows consistently strong profitability with very high gross margins (roughly ~78%–83%) and solid operating profitability (EBIT margin ~21%–27%). Revenue has grown steadily across the period, with TTM (Trailing-Twelve-Months) growth at 3.54% (a clear slowdown versus prior double-digit years). Net profit margin remains healthy (about ~16%–22%), though it has not expanded meaningfully versus earlier peaks, suggesting growth is moderating even as profitability stays strong.

Balance Sheet

Leverage looks manageable: debt-to-equity is moderate (~0.34–0.46 historically) and sits at ~0.37 in TTM (Trailing-Twelve-Months). Equity has grown over time, supporting balance sheet resilience. Return on equity is strong and improving overall (about ~12.6% in 2022 to ~21.4% in TTM), but total debt remains sizable in absolute dollars, which can limit flexibility if growth slows further or financing conditions tighten.

Cash Flow

Cash generation is a key strength: operating cash flow and free cash flow are both large and rising, with TTM (Trailing-Twelve-Months) free cash flow growth of 7.65%. Free cash flow closely tracks earnings (free cash flow is ~0.94–0.98x net income), indicating good earnings quality. A watch item is that cash flow relative to EBITDA has been uneven (coverage below 1.0 in most recent periods), suggesting some working-capital or timing headwinds even though absolute cash flow remains strong.

Breakdown	TTM	Jul 2025	Jul 2024	Jul 2023	Jul 2022	Jul 2021
Income Statement
Total Revenue	20.12B	18.83B	16.29B	14.37B	12.73B	9.63B
Gross Profit	16.34B	15.21B	12.82B	11.22B	10.32B	7.95B
EBITDA	6.58B	5.89B	4.58B	4.04B	3.37B	2.95B
Net Income	4.34B	3.87B	2.96B	2.38B	2.07B	2.06B
Balance Sheet
Total Assets	34.28B	36.96B	32.13B	27.78B	27.73B	15.52B
Cash, Cash Equivalents and Short-Term Investments	2.94B	4.55B	4.07B	3.66B	3.28B	3.87B
Total Debt	7.13B	6.64B	6.57B	6.69B	7.54B	2.48B
Total Liabilities	15.23B	17.25B	13.70B	10.51B	11.29B	5.65B
Stockholders Equity	19.05B	19.71B	18.44B	17.27B	16.44B	9.87B
Cash Flow
Free Cash Flow	6.84B	6.08B	4.63B	4.79B	3.66B	3.13B
Operating Cash Flow	6.98B	6.21B	4.88B	5.05B	3.89B	3.25B
Investing Cash Flow	-1.14B	-2.32B	-227.00M	-922.00M	-5.42B	-3.96B
Financing Cash Flow	-4.42B	-1.51B	-397.00M	-4.27B	1.73B	-3.18B

Intuit Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 409.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For INTU, the sentiment is Negative. The current price of 409.03 is below the 20-day moving average (MA) of 411.71, below the 50-day MA of 533.50, and below the 200-day MA of 658.57, indicating a bearish trend. The MACD of -42.66 indicates Negative momentum. The RSI at 39.62 is Neutral, neither overbought nor oversold. The STOCH value of 76.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for INTU.

Intuit Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INTU	74 Outperform	$113.12B	28.01	21.99%	0.64%	17.14%	41.18%
CRM	71 Outperform	$182.52B	24.97	12.40%	0.63%	8.41%	22.92%
SAP	69 Neutral	$230.03B	28.42	16.64%	1.07%	11.85%	167.23%
ADSK	67 Neutral	$52.12B	46.97	40.33%	―	15.62%	2.59%
WDAY	66 Neutral	$35.18B	51.77	8.23%	―	13.35%	-60.76%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SNOW	60 Neutral	$57.63B	-42.62	-54.09%	―	28.48%	-19.12%

Intuit Corporate Events

Intuit Board Declares Cash Dividend, Signals Ongoing Confidence

On February 26, 2026, Intuit announced that its board of directors approved a cash dividend of $1.20 per share, reinforcing its practice of returning capital to shareholders. The dividend is scheduled to be paid on April 17, 2026, to shareholders of record as of the close of business on April 9, 2026, signaling continued confidence in the company’s cash generation and financial position.

The most recent analyst rating on (INTU) stock is a Buy with a $396.00 price target. To see the full list of analyst forecasts on Intuit stock, see the INTU Stock Forecast page.

Intuit Secures New Short-Term Credit Facility for Refunds

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.

Intuit updates director pay and confirms board leadership

On January 22, 2026, Intuit’s board approved an amended compensation program for non-employee directors, signaling an update to how the company rewards its outside board members. On the same day, at its annual meeting of stockholders, shareholders elected eleven directors, gave advisory approval to the company’s executive compensation, and ratified Ernst & Young LLP as Intuit’s independent auditor for the fiscal year ending July 31, 2026, while a shareholder proposal requesting a report on the return on investment of the company’s diversity and inclusion programs failed to gain approval, underscoring continued support for existing leadership and governance practices but limited investor appetite for additional mandated reporting in this area.

The most recent analyst rating on (INTU) stock is a Hold with a $615.00 price target. To see the full list of analyst forecasts on Intuit stock, see the INTU Stock Forecast page.