Upside case
Bull case
$700+75.7%
INTU would need investors to value it at roughly 30x earnings — about 13x more generous than today's 17x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated May 1, 2026
Intuit Inc. (INTU) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
43
analysts
32 bullish · 3 bearish · 43 covering INTU
Strong Buy
0
Buy
32
Hold
8
Sell
3
Strong Sell
0
Consensus Target
$667
+67.4% vs today
Scenario Range
$377 – $700
Model bear to bull value window
Coverage
43
Published analyst ratings
Valuation Context
17.2x
Forward P/E · Market cap $111.2B
INTU price targets
Three scenarios for where INTU stock could go
Current
~$398
Confidence
84 / 100
Updated
May 1, 2026
Where we are now
Current · $398
Bear
$377
Base
$681
Bull
$700
Market caseClosest to today
Base case
$681+70.9%
At 29x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$377-5.4%
If investor confidence fades or macro conditions deteriorate, a 1x multiple contraction could push INTU down roughly 5% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Intuit Inc.
INTU · NASDAQTechnologySoftware - ApplicationJuly year-end
Intuit is a financial technology company that provides software and services for small businesses, self-employed individuals, and consumers to manage their finances and taxes. It generates revenue primarily through subscription software—QuickBooks for small businesses (~60% of revenue) and TurboTax for consumer tax preparation (~30%)—plus payment processing and credit services. Its competitive moat comes from deep integration across its ecosystem—linking accounting, payroll, payments, and tax filing—which creates high switching costs for its millions of small business and individual customers.
Market Cap
$111.2B
Revenue TTM
$20.1B
Net Income TTM
$4.3B
Net Margin
21.6%
INTU Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
100%Exceptional
12 quarters tracked
Revenue Beat Rate
75%Exceptional
vs consensus estimates
Avg EPS Surprise
+11.9%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Last 4 Quarters
EPS beats: 4 of 4Q2 2025
EPS
$11.65/$10.93
Revenue
$7.8B/$7.6B
Q3 2025
EPS
$2.75/$2.66
Revenue
$3.8B/$3.7B
Q4 2025
EPS
$3.34/$3.09
Revenue
$3.9B/$3.8B
Q1 2026
EPS
$4.15/$3.68
Revenue
$4.7B/$4.5B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q2 2025 | $11.65/$10.93 | +6.6% | $7.8B/$7.6B | +2.5% |
| Q3 2025 | $2.75/$2.66 | +3.4% | $3.8B/$3.7B | +2.3% |
| Q4 2025 | $3.34/$3.09 | +8.1% | $3.9B/$3.8B | +3.4% |
| Q1 2026 | $4.15/$3.68 | +12.8% | $4.7B/$4.5B | +2.6% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$22.0B
+9.4% YoY
FY2
$25.5B
+15.7% YoY
EPS Outlook
FY1
$21.17
+37.1% YoY
FY2
$23.36
+10.3% YoY
Trailing FCF (TTM)$6.8B
FCF Margin: 34.0%
Next Earnings
May 20, 2026
Expected EPS
$12.48
Expected Revenue
$8.5B
INTU beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
INTU Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $18.8B
Product Mix
Latest annual revenue by segment or product family
Global Business Solutions Segment
58.8%
YoY unavailable
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Segment breakdown not available for this company.
Global Business Solutions Segment is the largest disclosed segment at 58.8% of FY 2025 revenue, with no year-over-year comparison yet.
INTU Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Slightly Undervalued
Fair value est. $426 — implies +6.7% from today's price.
Upside to Fair Value
6.7%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
INTU
29.1x
vs
S&P 500
25.1x
+16% premium
vs Technology Trailing P/E
INTU
29.1x
vs
Technology
26.7x
+9% premium
vs INTU 5Y Avg P/E
Today
29.1x
vs
5Y Average
62.6x
53% discount
Forward PE
17.2x
S&P 500
19.1x
-10%
Technology
22.1x
-22%
5Y Avg
—
—
Trailing PE
29.1x
S&P 500
25.1x
+16%
Technology
26.7x
+9%
5Y Avg
62.6x
-53%
PEG Ratio
2.00x
S&P 500
1.72x
+16%
Technology
1.52x
+31%
5Y Avg
—
—
EV/EBITDA
20.1x
S&P 500
15.2x
+32%
Technology
17.5x
+15%
5Y Avg
42.1x
-52%
Price/FCF
18.3x
S&P 500
21.1x
-13%
Technology
19.5x
-6%
5Y Avg
37.6x
-51%
Price/Sales
5.9x
S&P 500
3.1x
+89%
Technology
2.4x
+142%
5Y Avg
11.7x
-49%
Dividend Yield
1.05%
S&P 500
1.87%
-44%
Technology
1.16%
-9%
5Y Avg
0.55%
+91%
| Metric | INTU | S&P 500 | Technology | 5Y Avg INTU |
|---|---|---|---|---|
| Forward PE | 17.2x | 19.1x-10% | 22.1x-22% | — |
| Trailing PE | 29.1x | 25.1x+16% | 26.7x | 62.6x-53% |
| PEG Ratio | 2.00x | 1.72x+16% | 1.52x+31% | — |
| EV/EBITDA | 20.1x | 15.2x+32% | 17.5x+15% | 42.1x-52% |
| Price/FCF | 18.3x | 21.1x-13% | 19.5x | 37.6x-51% |
| Price/Sales | 5.9x | 3.1x+89% | 2.4x+142% | 11.7x-49% |
| Dividend Yield | 1.05% | 1.87% | 1.16% | 0.55% |
INTU trades above S&P 500 benchmarks on 4 of 6 measured multiples — is elevated on some multiples, but competitive on others — a mixed valuation picture.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolINTU Financial Health
Verdict
Exceptional
INTU generates $6.8B in free cash flow at a 34.0% margin — 16.5% ROIC signals a durable competitive advantage · returns 3.5% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$20.1B
Revenue Growth
TTM vs prior year
+17.2%
Gross Margin
Gross profit as a share of revenue
81.2%
Operating Margin
Operating income divided by revenue
27.1%
Net Margin
Net income divided by revenue
21.6%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$15.44
Free Cash Flow (TTM)
Cash generation after capex
$6.8B
FCF Margin
FCF as share of revenue — the primary cash quality signal
34.0%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
16.5%
ROA
Return on assets, trailing twelve months
12.7%
Cash & Equivalents
Liquid assets on the balance sheet
$2.9B
Net Debt
Total debt minus cash
$3.8B
Debt Serviceability
Net debt as a multiple of annual free cash flow
0.5× FCF
~0.5 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
22.8%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
3.5%
Dividend
1.1%
Buyback
2.5%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$2.8B
Dividend / Share
Annualized trailing dividend per share
$4.20
Payout Ratio
Share of earnings distributed as dividends
30.7%
Shares Outstanding
Declining as buybacks retire shares
283M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageINTU Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 11, 2026
High Risk
AI Disruption Threat
Intuit faces growing concerns that AI tools capable of converting screenshots into spreadsheets directly challenge its TurboTax workflows. While the company is investing in its own AI platform, "Intuit Assist," market skepticism remains about its ability to drive customer adoption and revenue growth beyond existing products.
Medium
IRS Direct File Threat
The IRS’s Direct File program offers a free, direct tax‑filing system and has confirmed plans to make it permanent and more widely available, posing a significant threat to Intuit’s TurboTax franchise.
Medium
Macroeconomic Impact
A slowdown in consumer spending or credit demand, coupled with inflation and rising interest rates, can dampen growth, especially in Intuit’s small and mid‑market business segments.
Lower
Competitive Pressure
Intuit operates in a highly competitive tax preparation and enterprise accounting landscape, facing pricing pressure and emerging AI‑powered competitors offering comparable solutions.
Lower
Operational AI Risks
Risks associated with the development, deployment, and use of AI technologies, as well as cybersecurity vulnerabilities, could impact Intuit’s operations and reputation.
Lower
Valuation Concerns
Despite recent declines, analysts argue Intuit’s valuation remains demanding, citing high stock‑based compensation and a declining return on invested capital (ROIC).
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why INTU Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 11, 2026
Dominant Market Share & Moat
Intuitive Surgical holds an estimated 60‑70% share of the soft‑tissue robotic‑surgery market, cementing its leadership. The entrenched training of surgeons on the da Vinci platform creates a strong competitive moat, as hospitals prefer to stick with the system they already invested in.
Continuous Innovation & New System Launch
The company launched the da Vinci 5 system in March 2024, gaining regulatory approvals in Europe and Japan and beginning a phased global rollout. The Ion endoluminal system further expands its product pipeline into diagnostic procedures, broadening market reach.
High‑Margin Recurring Revenue Model
Approximately 85% of Intuitive’s $10.06 billion revenue in 2025 comes from recurring sources—instruments, accessories, and service contracts—providing predictable, high‑margin cash flow. Each additional surgery drives consumable sales, reinforcing hospitals’ return on investment and future system demand.
Strong Procedure Growth & Revenue Outlook
The firm projects worldwide da Vinci procedure growth of 13‑15% in 2026, slightly below the 18% growth forecast for 2025. Revenue is expected to rise from $10.06 billion in 2025 to $13.37 billion in 2026, with earnings growing 22.97% to $2.86 billion.
Expanding Global Presence in APAC & Europe
Intuitive is accelerating non‑U.S. procedure growth, especially in Asia‑Pacific and Europe, supported by expanded training programs and deeper regional penetration. This international expansion is a key growth vector, leveraging increasing market access and training initiatives.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
INTU Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$398.32
52W Range Position
12%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$342.11
+16.4% from the low
52-Week High
$813.70
-51.0% from the high
1 Month
-4.56%
3 Month
-8.41%
YTD
-36.7%
1 Year
-37.0%
3Y CAGR
-2.2%
5Y CAGR
+0.3%
10Y CAGR
+14.8%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
INTU vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
17.2x
vs 16.9x median
+2% above peer median
Revenue Growth
+9.4%
vs +6.7% median
+40% above peer median
Net Margin
21.6%
vs 26.4% median
-18% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
INT INTU Intuit Inc. | $111.2B | 17.2x | +9.4% | 21.6% | Buy | +67.4% |
ADB ADBE Adobe Inc. | $105.6B | 10.9x | +8.1% | 29.5% | Buy | +35.2% |
CRM CRM Salesforce, Inc. | $179.9B | 15.9x | +3.7% | 18.0% | Buy | +53.5% |
MSF MSFT Microsoft Corporation | $3.06T | 24.8x | +7.0% | 39.3% | Buy | +34.1% |
PAY PAYX Paychex, Inc. | $33.3B | 16.9x | +6.7% | 26.4% | Hold | +20.8% |
ADP ADP Automatic Data Processing, Inc. | $84.8B | 19.1x | +5.1% | 20.1% | Hold | +18.2% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
INTU Dividend and Capital Return
INTU returns capital mainly through $2.8B/year in buybacks (2.5% buyback yield), with a modest 1.05% dividend — combining for 3.5% total shareholder yield. The dividend has grown for 14 consecutive years.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
3.5%
Dividend + buyback return per year
Buyback Yield
2.5%
Dividend Yield
1.05%
Payout Ratio
30.7%
How INTU Splits Its Return
Div 1.05%
Buyback 2.5%
Dividend 1.05%Buybacks 2.5%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$4.20
Growth Streak
Consecutive years of dividend increases
14Y
3Y Div CAGR
15.3%
5Y Div CAGR
14.7%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$2.8B
Estimated Shares Retired
7M
Approx. Share Reduction
2.5%
Shares Outstanding
Current diluted share count from the screening snapshot
283M
At 2.5%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $2.40 | — | — | — |
| 2025 | $4.32 | +15.5% | 1.2% | 1.8% |
| 2024 | $3.74 | +15.4% | 1.1% | 1.6% |
| 2023 | $3.24 | +14.9% | 1.4% | 2.0% |
| 2022 | $2.82 | +15.1% | 1.4% | 2.0% |
FAQ
7 questionsINTU Investor Questions
Common questions answered from live analyst data and company financials.
01Is Intuit Inc. (INTU) stock a buy or sell in 2026?
Intuit Inc. (INTU) is rated Buy by Wall Street analysts as of 2026. Of 43 analysts covering the stock, 32 rate it Buy or Strong Buy, 8 rate it Hold, and 3 rate it Sell or Strong Sell. The consensus 12-month price target is $667, implying +67.4% from the current price of $398. The bear case scenario is $377 and the bull case is $700.
02What is the INTU stock price target for 2026?
The Wall Street consensus price target for INTU is $667 based on 43 analyst estimates. The high-end target is $875 (+119.7% from today), and the low-end target is $540 (+35.6%). The base case model target is $681.
03Is Intuit Inc. (INTU) stock overvalued in 2026?
INTU trades at 17.2x times forward earnings. The stock trades at a notable premium to the broad market, which is typical for businesses with strong free cash flow and above-average growth expectations. Based on current multiples versus the peer group, the relative model signals slightly undervalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Intuit Inc. (INTU) stock in 2026?
The primary risks for INTU in 2026 are: (1) AI Disruption Threat — Intuit faces growing concerns that AI tools capable of converting screenshots into spreadsheets directly challenge its TurboTax workflows. (2) IRS Direct File Threat — The IRS’s Direct File program offers a free, direct tax‑filing system and has confirmed plans to make it permanent and more widely available, posing a significant threat to Intuit’s TurboTax franchise. (3) Macroeconomic Impact — A slowdown in consumer spending or credit demand, coupled with inflation and rising interest rates, can dampen growth, especially in Intuit’s small and mid‑market business segments. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Intuit Inc.'s revenue and earnings forecast?
Analyst consensus estimates INTU will report consensus revenue of $22.0B (+9.4% year-over-year) and EPS of $21.17 (+37.1% year-over-year) for the upcoming fiscal year. The following year, analysts project $25.5B in revenue.
06When does Intuit Inc. (INTU) report its next earnings?
Intuit Inc. is expected to report its next earnings on approximately 2026-05-20. Consensus expects EPS of $12.48 and revenue of $8.5B. Over recent quarters, INTU has beaten EPS estimates 100% of the time.
07How much free cash flow does Intuit Inc. generate?
Intuit Inc. (INTU) generated $6.8B in free cash flow over the trailing twelve months — a free cash flow margin of 34.0%. INTU returns capital to shareholders through dividends (1.1% yield) and share repurchases ($2.8B TTM).