Intuit Inc. ($INTU) Stock Forecast: Up 5.0% Today

What is Intuit Inc.?

Intuit Inc. (INTU) witnessed a notable increase in its stock value during the day.

Why is Intuit Inc. going up?

INTU stock is up 5.0% on May 29, 2026 18:42

• The surge in Intuit's stock price by 5.26% was influenced by strong Q3 fiscal year 2026 financial results, enhanced full-year guidance, and advancements in strategic AI products like an AI-native ERP system and Mailchimp's "Analytics AI."
• Favorable market outlook, analyst recommendations to buy, and increased insider ownership of shares all contributed to the upward movement of the stock.
• J.P. Morgan's continued endorsement of a Buy rating and sustaining a target price of $605 signals a positive future outlook for Intuit's stock performance.
• Intuit's active measures in addressing concerns about AI disruption through significant investments in its AI agent platform and emphasis on proprietary data and security have been well-received by investors.

INTU Price Chart

INTU Technical Analysis

INTU News

Intuit Inc Stock (INTU) Moved Up by 5.26% on May 29: Facts Behind the Movement

Intuit Inc. (INTU) stock rose by 5.26% on May 29, driven by strong Q3 fiscal year 2026 financial results, raised full-year guidance, and strategic AI product advancements like an AI-native ERP system and Mailchimp's "Analytics AI." The positive movement is further supported by improved market sentiment, analyst buy ratings, and insider share acquisition. Despite positive momentum, technical indicators like MACD suggest a sell signal, while RSI indicates a neutral condition and Williams %R suggests an oversold condition.

https://www.tradingkey.com/news/market-movers/261936802-market-movers-intu-20260529

How Investors May Respond To Motorola Solutions (MSI) Boston AI Hub Launch And Dividend Declaration

Motorola Solutions has opened a new AI and resilience software hub in Boston, focusing on applied AI and cloud-based emergency coordination. Concurrently, the company declared a quarterly dividend of US$1.21 per share. This move signifies Motorola's commitment to mission-critical software and AI, balancing growth investments with shareholder returns, though investors should consider the competitive landscape and adoption rates of new platforms.

https://simplywall.st/stocks/us/tech/nyse-msi/motorola-solutions/news/how-investors-may-respond-to-motorola-solutions-msi-boston-a

J.P. Morgan Maintains Intuit(INTU.US) With Buy Rating, Maintains Target Price $605

J.P. Morgan has reiterated its Buy rating on Intuit (INTU.US), a financial software company. The firm has also maintained its target price for Intuit at $605. This indicates a continued positive outlook from J.P. Morgan regarding Intuit's stock performance.

https://www.moomoo.com/news/post/70782121/jp-morgan-maintains-intuit-intuus-with-buy-rating-maintains-target

Here’s How Intuit (INTU) is Overcoming the Fears of AI Disruption

Auxier Asset Management highlighted Intuit Inc. (NASDAQ: INTU) in its Q1 2026 investor letter, noting the software industry's decline due to AI disruption fears despite strong earnings. Intuit is actively combating these concerns by heavily investing in its AI agent platform across all existing products. The company emphasizes its proprietary data and security as advantages against emerging AI players, as public AI models risk generating false financial information.

https://www.insidermonkey.com/blog/heres-how-intuit-intu-is-overcoming-the-fears-of-ai-disruption-1770974/

Intuit Inc (NASDAQ:INTU) Presents a Strong Value Opportunity with Top-Tier Valuation and Profitability Ratings

Intuit Inc (NASDAQ:INTU) has been identified as a strong value opportunity based on ChartMill's "Decent Value" screen, which filters for companies with high valuation ratings, profitability, health, and growth. The company displays an attractive valuation with a low P/E ratio, strong profitability metrics, and a healthy balance sheet, suggesting a robust fundamental position. Despite a recent stock price decline, Intuit's solid growth projections and sustainable dividend further endorse it as a compelling choice for value-oriented investors.

https://www.chartmill.com/news/INTU/Chartmill-49202-Intuit-Inc-NASDAQINTU-Presents-a-Strong-Value-Opportunity-with-Top-Tier-Valuation-and-Profitability-Ratings

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Intuit Inc. Price History

08.04.2026 - INTU Stock was down 5.1%

• Despite expectations of a positive future for Intuit stock, the recent decline is thought to be due to profit-taking by investors after a strong price increase following the Q2 FY26 earnings results.
• Concerns about AI disruption affecting Intuit's main products may be influencing the market, despite the company's efforts to incorporate AI and strong performance in newer ventures like TurboTax Live.
• The notable increase in stake by GRIMES & Co WEALTH MANAGEMENT LLC in Intuit suggests confidence in the company's growth potential, despite the current market decline.
• Introducing "QuickBooks Workforce" and expanding Credit Karma's reach are seen as potential drivers of growth for Intuit, which could counterbalance the current market downturn.

23.03.2026 - INTU Stock was down 6.7%

• Despite posting strong quarterly earnings and offering positive guidance for Q3 and FY2026, Intuit (INTU) shares witnessed a gap down, indicating a potential disparity between performance and market response.
• Michael Burry's investment in Salesforce amid industry concerns about AI disruption may have influenced market sentiment towards technology stocks like Intuit.
• The collaboration between Cadence and TSMC to expedite AI chip design could suggest heightened competition in the technology sector, affecting investor confidence in companies such as Intuit.
• Torray Investment Partners LLC's acquisition of Intuit shares during the stock's decline hints at varying outlooks on the company's future, contributing to the volatility surrounding INTU.

15.04.2026 - INTU Stock was up 6.4%

• The bullish movement in Intuit Inc's stock today can be attributed to the overall positive sentiment in the software sector, fueled by strong earnings reports and upgraded revenue forecasts from industry peers. This indicates that the AI boom is creating significant spending opportunities beyond just chipmakers, boosting investor confidence in technology companies like Intuit.
• The recent listing of 15 new Canadian Depositary Receipts (CDRs) on the Toronto Stock Exchange, offering Canadian investors exposure to major international companies, might have also contributed to the bullish movement in Intuit's stock as it reflects a broader trend of expanding investment opportunities.
• Insights from executives of major companies on the critical second-order effects of AI technologies highlight the importance of innovation and adaptation in the tech industry. Intuit's ongoing innovation in AI and cloud services aligns with this narrative, reinforcing its market position and appeal to investors seeking growth potential.
• Stock transactions involving selling shares in Intuit Inc and purchasing shares in other companies could have influenced market dynamics, potentially leading to increased trading activity and volatility in Intuit's stock price.

20.04.2026 - INTU Stock was down 7.1%

• Intuit (INTU) experienced a strong bearish movement today.
• The market reacted negatively to the news of Intuit cutting approximately 17% of its global workforce, impacting about 3,000 employees, in a bid to streamline operations and focus on key strategic areas, including AI development.
• Investors might be concerned about the short-term impact of the layoffs on the company's operational efficiency and long-term growth prospects.
• Despite the bearish movement, some analysts remain optimistic about Intuit's performance, expecting strong Q3 results and solid revenue and EPS growth for fiscal year 2026.

21.04.2026 - INTU Stock was down 20.3%

• The market reacted bearishly to Intuit's announcement of a 17% workforce reduction and office closures, despite the company's strong Q3 earnings beat and higher guidance.
• Investors may be concerned about Intuit's pivot towards integrating AI more deeply into its offerings, leading to uncertainty about the company's future growth potential.
• Analysts lowering price targets for Intuit, despite maintaining a "Buy" rating, could have contributed to the bearish sentiment as it signals a mixed outlook on the stock's performance.
• Intuit's decision to lean into stock buybacks and dividend increases might not have been enough to offset the negative impact of the workforce reduction and AI pivot on investor confidence, resulting in the bearish market movement.

21.04.2026 - INTU Stock was down 20.5%

• Intuit Inc. is a financial software company known for products like TurboTax and QuickBooks. The company has recently reported strong Q3 earnings and revenue, raised its full-year guidance, and announced a significant share repurchase plan.
• The bearish movement in Intuit Inc. stock today could be attributed to several factors:
• A reduction in stake by PNC Financial Services Group Inc. in Q4 may have signaled some lack of confidence in the stock, impacting investor sentiment.
• Concerns about a lower TurboTax revenue outlook and the impact of AI on Intuit's core tax business could have contributed to the bearish trend.
• Despite the positive financial performance and strategic initiatives like share repurchases, the market may be reacting to the announced 17% workforce reduction, which could raise questions about future growth prospects.
• Overall, the combination of institutional selling pressure, revenue outlook concerns, and workforce reduction news likely led to the bearish movement in Intuit's stock today.

21.04.2026 - INTU Stock was down 20.5%

• Intuit's shares plummeted by approximately 19% despite surpassing revenue and earnings expectations in the fiscal third quarter. The market reacted negatively to concerns over a weaker outlook for TurboTax and the company's plan to reduce its global workforce by 17%.
• Investor sentiment was further dampened by worries about the impact of AI on Intuit's core tax business and a projected slowdown in TurboTax growth.
• Despite the positive Q3 results and raised full-year guidance, the focus on job cuts and potential challenges in key product segments overshadowed the company's financial performance, leading to the bearish movement in INTU stock.
• The combination of workforce reduction, lower TurboTax revenue outlook, and broader market uncertainties contributed to the sharp decline in Intuit's stock price today.

21.04.2026 - INTU Stock was down 20.3%

• The CFO of Intuit discussed a major restructuring strategy involving workforce reductions and office closures to enhance operational efficiency.
• Intuit's price target was lowered to $530.00 by Deutsche Bank, noting a possible upside despite recent stock fluctuations and mixed analyst opinions.
• Despite an observed 39% potential upside according to the average 12-month price target, Intuit's stock experienced a sharp drop in pre-market trading due to restructuring plans and Q4 guidance.
• Investor worries about the impact of the restructuring efforts on Intuit's future growth potential likely contributed to the market movement, despite the company's robust financial performance and strategic initiatives like stock repurchases.

29.04.2026 - INTU Stock was up 5.0%

• The surge in Intuit's stock price by 5.26% was influenced by strong Q3 fiscal year 2026 financial results, enhanced full-year guidance, and advancements in strategic AI products like an AI-native ERP system and Mailchimp's "Analytics AI."
• Favorable market outlook, analyst recommendations to buy, and increased insider ownership of shares all contributed to the upward movement of the stock.
• J.P. Morgan's continued endorsement of a Buy rating and sustaining a target price of $605 signals a positive future outlook for Intuit's stock performance.
• Intuit's active measures in addressing concerns about AI disruption through significant investments in its AI agent platform and emphasis on proprietary data and security have been well-received by investors.

07.04.2026 - INTU Stock was up 5.1%

• Premier Fund Managers Ltd and Bokf Na decreasing their holdings in Intuit initially raised market concerns. However, positive earnings and strategic announcements by Intuit boosted investor confidence.
• Despite trailing competitors for two consecutive days, the launch of QuickBooks Workforce, an innovative Human Capital Management system, likely sparked investor enthusiasm, demonstrating the company's commitment to expansion and enhancement.
• The overall bullish trend in Intuit's stock can be attributed to the company's strong Q4 earnings, surpassing expectations with substantial revenue growth. Additionally, the introduction of new AI-driven products and strategic partnerships showcased Intuit's agility and innovation in the competitive market environment.

29.04.2026 - INTU Stock was up 5.1%

• The company is proactively addressing AI disruption concerns by investing significantly in its AI agent platform, demonstrating a dedication to innovation and maintaining a competitive edge.
• Despite encountering challenges such as reduced price targets and legal inquiries, Intuit's robust earnings update, insider purchasing activity, and improved fiscal guidance have enhanced investor confidence, contributing to the positive market performance.
• Intuit's strategic emphasis on proprietary data and security, combined with its earnings outperformance, is likely generating favorable views among analysts and investors, supporting today's upward trend in the stock.

20.04.2026 - INTU Stock was down 9.1%

• Despite positive forecasts for Intuit's Q3 performance, the stock exhibited bearish movement recently.
• Speculations of a successful quarter by TD Cowen and revised projections for increased earnings did not have an immediate positive effect on the stock.
• Changes in stake by Harvest Portfolios Group Inc. and Envestnet Portfolio Solutions Inc. could have impacted the market movement, showcasing varying sentiments among institutional investors.
• Stock fluctuations may be influenced by AI advancements and upcoming earnings releases, indicating uncertain market sentiment towards Intuit.