Intuit stock forecast 2027–2031
Analysts' average 12-month price target for Intuit is 379.68, 11.2% above the current price of 341.50. Their targets range from 290.00 to 500.00.
Of the 22 firms that rated Intuit in the past 12 months, 12 rate it buy or strong buy, 8 hold and 2 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 290.00 to 500.00, with an average of 379.68.
| Strong buy | 0 | |
| Buy | 12 | |
| Hold | 8 | |
| Sell | 2 | |
| Strong sell | 0 |
12-month price target
| Highest target | 500.00 |
| Average target | 379.68 |
| Lowest target | 290.00 |
| Current price | 341.50 |
Intuit price target history
Have analysts recently raised or lowered their Intuit price target and rating?
How analysts rate Intuit, month by month
12 of 22 firms rate it buy now, against 17 of 18 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Intuit analyst upgrades, downgrades and price targets
The latest rating change came on 26 August 2026, when JP Morgan downgraded Intuit from Overweight to Neutral. The most recent new target came from RBC Capital on 18 September 2026: 385.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 18 Sept 2026 | RBC Capital | Reiterated · Outperform | 500.00 → 385.00 | -23.0% | 307.56 |
| 27 Aug 2026 | UBS | — | 360.00 → 370.00 | +2.8% | 347.66 |
| 26 Aug 2026 | Goldman Sachs | — | 276.00 → 304.00 | +10.1% | 345.88 |
| 26 Aug 2026 | KeyBanc | — | 400.00 | — | 347.77 |
| 26 Aug 2026 | Truist Financial Arvind Ramnani | Reiterated · Hold | 350.00 → 300.00 | -14.3% | 348.85 |
| 26 Aug 2026 | Oppenheimer Scott Schneeberger | Reiterated · Outperform | 406.00 → 380.00 | -6.4% | 357.46 |
| 26 Aug 2026 | Susquehanna | Reiterated · Positive | 427.00 → 415.00 | -2.8% | 357.46 |
| 26 Aug 2026 | Stifel Nicolaus | — | 275.00 → 300.00 | +9.1% | 357.46 |
| 26 Aug 2026 | Piper Sandler | Reiterated · Underweight | 250.00 → 290.00 | +16.0% | 357.46 |
| 26 Aug 2026 | Barclays | Reiterated · Overweight | 443.00 → 408.00 | -7.9% | 357.46 |
| 26 Aug 2026 | Wells Fargo Michael Turrin | Reiterated · Equal Weight | 360.00 → 300.00 | -16.7% | 357.46 |
| 26 Aug 2026 | Morgan Stanley Adam Wood | Reiterated · Equal Weight | 335.00 → 315.00 | -6.0% | 357.46 |
| 26 Aug 2026 | JP Morgan | Downgraded · Overweight → Neutral | — | — | — |
| 23 Aug 2026 | Jefferies | — | 550.00 → 500.00 | -9.1% | 367.00 |
| 19 Aug 2026 | Deutsche Bank | Reiterated · Buy | 425.00 | — | 364.01 |
| 17 Aug 2026 | Mizuho Securities Siti Panigrahi | Reiterated · Outperform | 500.00 → 430.00 | -14.0% | 345.66 |
| 3 Aug 2026 | Truist Financial | Downgraded · Buy → Hold | 410.00 → 350.00 | -14.6% | 318.39 |
| 28 Jul 2026 | TD Cowen | Downgraded · Buy → Hold | — | — | — |
| 21 Jul 2026 | Morgan Stanley Adam Wood | Downgraded · Overweight → Equal Weight | 880.00 → 335.00 | -61.9% | 293.82 |
| 20 Jul 2026 | Susquehanna | Reiterated · Positive | 720.00 → 427.00 | -40.7% | 291.09 |
| 14 Jul 2026 | Piper Sandler | — | 250.00 | — | 289.76 |
| 18 Jun 2026 | Stifel | Downgraded · Buy → Hold | — | — | — |
| 17 Jun 2026 | Stifel Nicolaus | — | 375.00 → 275.00 | -26.7% | 269.08 |
| 2 Jun 2026 | Goldman Sachs Gabriela Borges | Downgraded · Neutral → Sell | 720.00 → 276.00 | -61.7% | 353.76 |
| 26 May 2026 | Mizuho Securities Siti Panigrahi | Reiterated · Outperform | 675.00 → 500.00 | -25.9% | 319.94 |
| 22 May 2026 | Argus Research | — | 480.00 | — | 308.06 |
| 21 May 2026 | Truist Financial | Reiterated · Buy | 410.00 | — | 307.51 |
| 21 May 2026 | Oppenheimer | Reiterated · Outperform | 406.00 | — | 383.93 |
| 21 May 2026 | BMO Capital | Reiterated · Outperform | 624.00 → 412.00 | -34.0% | 306.81 |
| 21 May 2026 | UBS Taylor McGinnis | Reiterated · Neutral | 739.00 → 360.00 | -51.3% | 383.93 |
| 21 May 2026 | Wells Fargo | Reiterated · Equal Weight | 700.00 → 360.00 | -48.6% | 383.93 |
| 21 May 2026 | Stifel Nicolaus Brad Reback | Reiterated · Buy | 800.00 → 375.00 | -53.1% | 383.93 |
| 21 May 2026 | Jefferies Brent Thill | Reiterated · Buy | 650.00 → 550.00 | -15.4% | 383.93 |
| 21 May 2026 | Wolfe Research Alex Zukin | — | 550.00 → 400.00 | -27.3% | 383.93 |
| 21 May 2026 | RBC Capital Rishi Jaluria | Reiterated · Outperform | 850.00 → 500.00 | -41.2% | 383.93 |
| 21 May 2026 | Barclays Raimo Lenschow | Reiterated · Overweight | 540.00 → 443.00 | -18.0% | 383.93 |
| 21 May 2026 | Evercore ISI Kirk Materne | Reiterated · Outperform | 400.00 | — | 383.93 |
| 21 May 2026 | Freedom Broker | Downgraded · Buy → Hold | — | — | — |
| 16 Mar 2026 | Barclays Raimo Lenschow | — | 785.00 → 540.00 | -31.2% | 451.57 |
| 16 Mar 2026 | Guggenheim | — | 633.00 | — | 453.43 |
| 12 Mar 2026 | Wolfe Research Alex Zukin | — | 550.00 | — | 435.13 |
| 10 Mar 2026 | Rothschild & Co | Upgraded · Neutral → Buy | — | — | — |
| 6 Mar 2026 | Scotiabank | — | 575.00 | — | 466.78 |
| 24 Feb 2026 | Susquehanna | — | 720.00 | — | 359.55 |
| 22 Feb 2026 | Jefferies | — | 850.00 → 650.00 | -23.5% | 380.55 |
| 19 Feb 2026 | Mizuho Securities Siti Panigrahi | — | 675.00 | — | 389.57 |
| 10 Feb 2026 | BMO Capital | Reiterated · Outperform | 810.00 → 624.00 | -23.0% | 437.50 |
| 12 Jan 2026 | Goldman Sachs Gabriela Borges | — | 750.00 → 720.00 | -4.0% | 646.90 |
| 8 Jan 2026 | Wells Fargo | Downgraded · Overweight → Equal Weight | 880.00 → 700.00 | -20.5% | 651.15 |
| 6 Jan 2026 | UBS | — | 725.00 → 739.00 | +1.9% | 633.84 |
Intuit EPS and revenue estimates
Analysts expect Intuit's EPS to grow 20.1% a year until 2029. Over the last 5 years it grew 16.9% a year, and over the last 3 years 25.0%.
Analysts expect Intuit's revenue to grow 8.8% a year until 2029, slower than over the last 5 years (17.4% a year) and the last 3 years (14.3%).
Revenue
EPS
Does Intuit beat earnings estimates?
On average, analysts' EPS estimate was 11.1% off the result, either way, and their revenue estimate 2.4%, over the last 12 quarters.
- EPS beats
- 92 / 121
- Revenue beats
- 68 / 110
- Average EPS surprise, last 12
- +11.1%
- Since
- April 1994
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q4 FY2026 | 25 Aug 2026 | 3.58 | 4.03 | +12.6% | 4.27B | 4.35B | +2.0% |
| Q3 FY2026 | 20 May 2026 | 12.57 | 12.80 | +1.8% | 8.54B | 8.56B | +0.2% |
| Q2 FY2026 | 26 Feb 2026 | 3.68 | 4.15 | +12.8% | 4.53B | 4.65B | +2.6% |
| Q1 FY2026 | 20 Nov 2025 | 3.09 | 3.34 | +8.1% | 3.76B | 3.89B | +3.4% |
| Q4 FY2025 | 21 Aug 2025 | 2.66 | 2.75 | +3.4% | 3.74B | 3.83B | +2.3% |
| Q3 FY2025 | 22 May 2025 | 10.93 | 11.65 | +6.6% | 7.57B | 7.75B | +2.5% |
| Q2 FY2025 | 25 Feb 2025 | 2.57 | 3.32 | +29.2% | 3.83B | 3.96B | +3.4% |
| Q1 FY2025 | 21 Nov 2024 | 2.35 | 2.50 | +6.4% | 3.14B | 3.28B | +4.6% |
| Q4 FY2024 | 22 Aug 2024 | 1.85 | 1.99 | +7.6% | 3.08B | 3.18B | +3.2% |
| Q3 FY2024 | 23 May 2024 | 9.37 | 9.88 | +5.4% | 6.65B | 6.74B | +1.3% |
| Q2 FY2024 | 22 Feb 2024 | 2.30 | 2.63 | +14.3% | 3.39B | 3.39B | -0.0% |
| Q1 FY2024 | 28 Nov 2023 | 1.98 | 2.47 | +24.7% | 2.88B | 2.98B | +3.5% |
Intuit stock price 2027–2031: scenarios
If Intuit's earnings keep growing at the 5.5% a year analysts expect to FY2029, it would earn about 31.72 a share in FY2031. At the P/E it has traded at over the last five years (19.1 to 61.2) that is 606.58 to 1,941.02 a share, or 1,638.36 at its average P/E of 51.6. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 22.95 | 438.90 | 1,185.47 | 1,404.46 |
| FY2028 | 25.97 | 496.55 | 1,341.17 | 1,588.93 |
| FY2029 | 28.52 | 545.41 | 1,473.14 | 1,745.28 |
| FY2030 (extrapolated) | 30.08 | 575.18 | 1,553.55 | 1,840.55 |
| FY2031 (extrapolated) | 31.72 | 606.58 | 1,638.36 | 1,941.02 |
Each year's EPS is the analysts' consensus to FY2029; the years after continue its 5.5% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (19.1, 51.6, 61.2).
Is Intuit stock undervalued or overvalued?
Intuit's P/E of 20.7 is near the bottom of its 5-year range (15.4 to 90.6, median 58.3). Analysts expect slower growth than in recent years, so the low P/E may be deserved. Buyers pay less for each point of growth than usual: a PEG of 1.0 on expected growth against 3.5 on its median P/E and past five years' growth. Growing 20.1% a year, Intuit earns a P/E of 20.1 at a PEG of 1 (at most 25): × the next twelve months' EPS of 23.77, a fair value of 478.15; the price, 341.50, is 28.6% below it. Its forward P/E, on the consensus for FY2027, is 14.9.
Fair value on growth is a P/E equal to the EPS growth analysts expect a year (a PEG of 1, at most 25) times the earnings per share of the next twelve months; the ends of the bar are a PEG of 0.75 and 1.25 (a P/E of 15.1 and 25.1). The price against its P/E range
- Price to earnings ratio (TTM)
- 20.66
- Five-year median P/E
- 58.31
- Five-year P/E range
- 15.4 – 90.6
- Forward P/E (FY2027)
- 14.88
- PEG ratio
- 3.78
- To the average target
- +11.2%
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