<div id="readability-page-1"><p><span>Intuit (NASDAQ:INTU - Get Free Report)</span> had its price target hoisted by research analysts at Citigroup  from $789.00 to $815.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a &#34;buy&#34; rating on the software maker's stock. Citigroup's price objective suggests a potential upside of 13.86% from the company's current price.</p><ul><li>Intuit's AI Boom: Stock Soaring, But Should Investors Hit Pause?</li></ul><p>A number of other research firms also recently issued reports on INTU. Scotiabank upgraded shares of Intuit from a &#34;sector perform&#34; rating to a &#34;sector outperform&#34; rating and boosted their target price for the company from $600.00 to $700.00 in a research report on Thursday, April 17th. Susquehanna  restated a &#34;positive&#34; rating on shares of Intuit in a research note on Friday, May 23rd. Wells Fargo &amp; Company  set a $880.00 price target on shares of Intuit and gave the company an &#34;overweight&#34; rating in a research note on Friday, June 13th. UBS Group  set a $750.00 price target on shares of Intuit and gave the company a &#34;neutral&#34; rating in a research note on Friday, May 23rd. Finally, Wall Street Zen upgraded shares of Intuit from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Tuesday, April 29th. One investment analyst  has rated the stock with a sell rating, two have assigned  a hold rating, twenty-one have given a buy rating and one  has issued  a strong buy rating to the company's stock. According to MarketBeat.com, Intuit presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $807.45.</p><p><b>Check Out Our Latest Report on Intuit</b></p><h2>Intuit Trading Up 0.7%</h2><ul><li>Is Amplitude an AI Sleeper Stock in the Making for 2025?</li></ul><p>Shares of NASDAQ INTU traded up $5.14 during midday trading on Friday, reaching $715.78. The stock had a trading volume of 490,164 shares, compared to its average volume of 1,760,936. The firm has a market cap of $199.67 billion, a price-to-earnings ratio of 58.00, a price-to-earnings-growth ratio of 2.74 and a beta of 1.28. Intuit has a twelve month low of $532.65 and a twelve month high of $813.70. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.45 and a current ratio of 1.45. The company's 50 day moving average price is $764.85 and its 200 day moving average price is $670.19. </p><p>Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings results on Thursday, May 22nd. The software maker reported $11.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $10.89 by $0.76. Intuit had a net margin of 19.07% and a return on equity of 21.46%. The firm had revenue of $7.75 billion for the quarter, compared to the consensus estimate of $7.56 billion. During the same quarter in the previous year, the company earned $9.88 EPS. The company's revenue for the quarter was up 15.1% on a year-over-year basis.  As a group, sell-side analysts expect that  Intuit will post 14.09 EPS for the current year. </p><h2>Insider Buying and Selling</h2><ul><li>Dividend Increases You Can't Miss: 10 Big-Name Stocks</li></ul><p>In other news, EVP Laura A. Fennell sold 25,648 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $752.25, for a total value of $19,293,708.00. Following the completion of the transaction, the executive vice president directly owned 22,796 shares in the company, valued at approximately $17,148,291. This trade represents a 52.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, EVP Marianna Tessel sold 34,329 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $760.84, for a total transaction of $26,118,876.36. Following the completion of the sale, the executive vice president directly owned 40,767 shares in the company, valued at $31,017,164.28. This represents a 45.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 279,800 shares of company stock valued at $209,725,054 in the last three months. Insiders own  2.68% of the company's stock. </p><h2>Institutional Trading of Intuit</h2><p>Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fullerton Fund Management Co Ltd. raised its holdings in  Intuit by 14.6% during the 2nd quarter. Fullerton Fund Management Co Ltd. now owns 3,836 shares of the software maker's stock valued at $3,021,000 after buying an additional 490 shares during the last quarter.  George Kaiser Family Foundation increased its position in  Intuit by 47.6% during the 2nd quarter. George Kaiser Family Foundation now owns 685 shares of the software maker's stock valued at $540,000 after purchasing an additional 221 shares during the period.  Game Creek Capital LP purchased a new stake in shares of  Intuit in the 2nd quarter worth about $2,599,000.  Garden State Investment Advisory Services LLC increased its stake in shares of  Intuit by 7.8% in the 2nd quarter. Garden State Investment Advisory Services LLC now owns 1,259 shares of the software maker's stock worth $994,000 after acquiring an additional 91 shares in the last quarter.  Finally, EHP Funds Inc. bought a new position in shares of  Intuit in the 2nd quarter worth about $394,000. Institutional investors own  83.66% of the company's stock. </p><h2>About Intuit</h2> (Get Free Report)<p>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 &amp; Self-Employed, Consumer, Credit Karma, and ProTax.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Intuit</li><li>Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?</li><li>Applied Materials' Knee-Jerk Sell-Off Is Your Signal to Buy</li><li>How to trade using analyst ratings</li><li>Arista Networks: Cashing In as the Tollbooth for AI Traffic</li><li>What is the Australian Securities Exchange (ASX) </li><li>Elbit Systems Jumps on Record Earnings and a $1.6B Contract</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SU5UVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SU5UVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Intuit Right Now?</h2><p>Before you consider Intuit, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Intuit wasn't on the list.</p><p>While Intuit currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

INTU

<p>Citigroup raised its price target for Intuit (NASDAQ:INTU) from $789.00 to $815.00, maintaining a "buy" rating. This suggests a potential upside of 13.86% from the current price. Other firms have also upgraded their ratings and price targets for Intuit, with a consensus rating of "Moderate Buy" and a target of $807.45. Intuit's stock recently traded at $715.78, with a market cap of $199.67 billion. The company reported strong quarterly earnings, exceeding estimates with $11.65 EPS and $7.75 billion in revenue, up 15.1% year-over-year.</p>

Intuit (NASDAQ:INTU) Price Target Raised to $815.00