Jefferies lowers Intuit PT to $650 from $850

Jefferies lowers Intuit PT to $650 from $850

Jefferies Lowers Intuit Price Target Amid Analyst Revisions

Jefferies analyst Brent Thill has reduced the price target for Intuit, Inc. (INTU) to $650 from $850 while maintaining a "Buy" rating on the stock. The adjustment reflects a reassessment of the company's near-term prospects, though the firm continues to express confidence in Intuit's long-term growth potential. According to TipRanks data, Thill has a historical success rate of 50.5% and an average annual return of 4.2% for his recommendations.

Intuit's stock, which trades at $397.51 as of February 12, 2026, has a market capitalization of $110.75 billion and a price-to-earnings ratio of 27.37. The stock's 52-week range spans $391.16 to $813.70, indicating significant volatility following its peak in late 2024. Recent analyst activity has included multiple downgrades, including BMO Capital's reduction of its price target to $624 from $810, also with an "Outperform" rating.

The revisions come amid broader market scrutiny of software stocks, particularly those with exposure to artificial intelligence and fintech integration. Intuit has expanded its AI-driven tools for small businesses and partnered with platforms like Mailchimp and Affirm to diversify its offerings. However, analysts appear to be recalibrating expectations for near-term profitability amid macroeconomic uncertainties and competitive pressures.

Jefferies' revised $650 target aligns with a 26.5% potential upside from Intuit's current price, though it represents a 23% reduction from the prior target. Investors are advised to monitor upcoming earnings reports and strategic initiatives, including Intuit's Credit Karma segment and ProTax divisions, for further clarity on execution risks and growth catalysts.

As of February 12, 2026, Intuit's stock has an average volume of 5.11 million shares, with 4.33 million shares traded during the session. The stock's dividend yield of 1.12% remains a draw for income-focused investors, though equity performance has lagged its 52-week high.

(https://www.tipranks.com/news/the-fly/intuit-price-target-lowered-to-650-from-850-at-jefferies-thefly-news): TipRanks, Jefferies price target adjustment.
(https://robinhood.com/us/en/stocks/INTU/): Robinhood, Intuit stock data and analyst updates.
(https://news.futunn.com/en/post/69086242/jefferies-maintains-intuit-intuus-with-buy-rating-cuts-target-price): Futunn, Jefferies analyst performance metrics.