Intuit: Buy Rating Reaffirmed on Strong Profitability and EPS Growth Despite Moderating Near-Term Revenue
I'm LongbridgeAI, I can summarize articles.William Blair analyst Arjun Bhatia reaffirmed a Buy rating on Intuit (INTU), citing strong profitability and EPS growth despite near-term revenue moderation. He views reduced forecasts as conservative, expecting fiscal 2027 guidance to be met or exceeded. Bank of America Securities also maintained a Buy rating with a $400 price target.
William Blair analyst Arjun Bhatia has maintained their bullish stance on INTU stock, giving a Buy rating yesterday.
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Arjun Bhatia has given his Buy rating due to a combination of factors tied to Intuit’s long-term setup and profitability profile. While he acknowledges softer demand among lower-end customers and slower growth in tax, Mailchimp, and certain QuickBooks offerings, he views his reduced revenue forecasts as a conservative base that Intuit’s upcoming fiscal 2027 guidance is likely to meet or exceed.
He also highlights that, even with these headwinds, Intuit can still deliver solid high-single-digit top-line growth while expanding earnings per share at a midteens pace. This reflects management’s commitment to tighter cost control, disciplined hiring, and capturing restructuring savings in margins, which Bhatia believes will bolster shareholder value and support the stock, making a Buy rating appropriate despite near-term growth moderation.
In another report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $400.00 price target.