Intuit Inc. Stock Price Targets
Comprehensive analysis of short, mid, and long-term price targets for Intuit Inc. (INTU).
Give me a comprehensive price target analysis for Intuit Inc. (INTU).
Executive Summary
Intuit (INTU) presents a solid market position with strong financials, evidenced by a high gross margin and healthy cash flow. The current price of approximately $697.76 suggests potential upside based on analyst targets averaging around $834 to $850, with high forecasts reaching $1000. Short-term technical indicators point towards some bearish momentum, but the overall long-term outlook remains positive, supported by consistent earnings growth.
Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ~$194.6 billion |
| P/E (Trailing) | ~57.01 |
| P/E (Forward) | ~31.39 |
| Price to Book | ~9.68 |
| Return on Equity | ~17.8% |
| Profit Margins | ~19.1% |
| Dividend Yield | 0.6% |
| Beta | 1.287 |
INTU's valuation metrics indicate a premium, characteristic of a high-growth software and services company with substantial market penetration and recurring revenue streams.
Earnings Analysis
Recent earnings highlight resilience, with robust EBITDA and net income figures. The trend shows consistent EPS growth over the past year (+16-20%) and positive revisions. Despite some fluctuations in quarterly earnings, revenue growth remains steady, underpinning sustainable earnings prospects. The upward revision activity (more upgrades than downgrades) signals analyst confidence.
Technical Analysis
- Price Action: Slightly below the 50-day moving average (~$764), indicating near-term weakness.
- RSI (14): Currently at ~22.8, suggesting oversold conditions and potential for reversal.
- MACD: Recent negative crossover but with decreasing momentum, possibly signaling an imminent turnaround.
Analyst Consensus & Price Targets
| Target Level | Price ($) | Number of Opinions |
|---|---|---|
| Low | 600 | Multiple |
| Median | 850 | 28 |
| High | 1000 | Highest estimates |
The median and high targets imply significant upside if the company continues its growth trajectory.
Price Target Analysis
-
Short-Term (3 months):
Given the recent oversold technical signals, a potential rebound towards ~$750 is plausible, aligning with the support levels near the 50-day MA. The key drivers include earnings stability and macroeconomic sentiment. -
Mid-Term (12 months):
The median target of ~$850 justifies a valuation uplift supported by earnings growth, ongoing product innovation, and expanding SaaS portfolio. Catalysts include new product launches, market expansion, and positive earnings revisions. -
Long-Term (3+ years):
High confidence in INTU reaching ~$1000 based on sustained revenue growth, market share gains, and sector tailwinds. Relentless innovation and digital transformation in SMBs and enterprises will be critical drivers.
Risks & Opportunities
| Risks | Opportunities |
|---|---|
| Economic slowdown impacting SMBs and corporate spending | Continued SaaS market expansion and cloud migration |
| Competitive pressures in financial software | Acquisition synergisms and new product offerings |
| Higher interest rates affecting valuation multiples | Accelerated digital transformation trends in business sectors |
Investment Recommendation
Hold with a positive bias over 12-24 months.
The stock offers a compelling risk-reward profile, with room for growth driven by earnings momentum and sectoral tailwinds, albeit with near-term volatility risks. The target upside aligns with the high-end analyst forecasts (~$1000).
Expected Return Potential: +20-45% over the next 12-24 months depending on market conditions and execution of growth strategies.