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New Buy Rating for Intuit (INTU), the Technology Giant

Tipranks - Tue Jul 28, 8:54PM CDT

RBC Capital analyst Rishi Jaluria maintained a Buy rating on Intuit on July 26 and set a price target of $500.00.

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According to TipRanks, Jaluria is an analyst with an average return of -6.3% and a 48.42% success rate. Jaluria covers the Technology sector, focusing on stocks such as Microsoft, NICE, and Salesforce.

In addition to RBC Capital, Intuit also received a Buy from Susquehanna’s James Friedman in a report issued on July 20. However, on July 21, Morgan Stanley downgraded Intuit (NASDAQ: INTU) to a Hold.

Based on Intuit’s latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $8.56 billion and a net profit of $3.06 billion. In comparison, last year the company earned a revenue of $7.75 billion and had a net profit of $2.82 billion

Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of INTU in relation to earlier this year. Most recently, in May 2026, Vasant Prabhu, a Director at INTU bought 1,750.00 shares for a total of $541,655.00.

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