Citi Raises Intuit Price Target to $815, Maintains Buy Rating

Citi raises Intuit's price target to $815 from $789 and maintains a Buy rating. The firm is cautiously optimistic about the company's fiscal Q4 results, expecting potential upside to consensus estimates.

Citi has increased Intuit Inc.'s price target to $815 from $789, while maintaining a Buy rating. The financial institution is cautiously optimistic about Intuit's fiscal Q4 results, expecting potential upside to consensus estimates. This positive outlook follows a trend of upward revisions in price targets and ratings by various equity analysts.

Intuit Inc. (NASDAQ: INTU) has seen a significant increase in institutional and hedge fund holdings. Fjarde AP Fonden Fourth Swedish National Pension Fund, for instance, grew its stake by 3.4% in the first quarter, owning 58,540 shares valued at approximately $35.94 million [1]. Other notable investors, such as Brighton Jones LLC and Revolve Wealth Partners LLC, have also significantly increased their positions in Intuit's shares.

Equity analysts have revised their ratings and price targets for Intuit. Oppenheimer raised its target from $742 to $868, and multiple others recommended "outperform" or "strong buy" ratings [1]. This bullish sentiment is reflected in the company's recent earnings report, where Intuit posted a quarterly EPS of $11.65, surpassing analyst expectations [1].

The company also announced a quarterly dividend of $1.04 per share, yielding 0.6% annually [1]. This dividend increase is a positive signal to investors and contributes to the overall positive sentiment surrounding Intuit's stock.

Citi's positive outlook is supported by Intuit's strong financial performance and the increasing interest from institutional investors. The company's fiscal Q4 results are expected to provide further evidence of its robust growth trajectory, potentially driving the stock price higher.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-intuit-inc-nasdaqintu-shares-acquired-by-fjarde-ap-fonden-fourth-swedish-national-pension-fund-2025-08-14/