Rothschild & Co Redburn Raises Intuit's Target Price to $670

Summary

Rothschild & Co Redburn has raised its target price for Intuit (NASDAQ:INTU) from $560 to $670, maintaining a ‘neutral’ rating. This suggests a potential downside of 4.17% from the current price. Other analysts have varied opinions, with price targets ranging from $803 to $880. Intuit’s stock opened at $699.16, with a market cap of $194.93 billion and a PE ratio of 51.24. The company reported a quarterly EPS of $2.75, exceeding estimates, and has set guidance for Q1 2026 at 3.050-3.120 EPS.Market Beat

Impact Analysis

So basically, Rothschild & Co Redburn’s target price adjustment for Intuit to $670, while maintaining a ‘neutral’ rating, is quite conservative compared to other analysts who have targets as high as $880. This suggests that Redburn might be cautious about Intuit’s near-term prospects despite the company’s strong recent performance, including a quarterly EPS of $2.75 that exceeded estimates and ambitious growth targets for fiscal 2026.Market Beat The market seems to be pricing in a lot of optimism already, with the stock opening at $699.16. The technical analysis also shows mixed signals, with a long-term downtrend but short-term strength. Given the high PE ratio of 51.24, the stock might be vulnerable to any negative news or broader market corrections. I’d read this as a signal to be cautious and perhaps look for better entry points if you’re bullish on Intuit’s long-term growth story driven by AI and automation.Tip Ranks