TD Cowen downgrades Intuit (INTU) to a Hold

In a report released today, Jared Levine from TD Cowen downgraded Intuit to a Hold, with a price target of $304.00.

Claim 55% Off TipRanks

• Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
• Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks

Levine covers the Technology sector, focusing on stocks such as Automatic Data Processing, Intuit, and Paychex. According to TipRanks, Levine has an average return of -7.4% and a 41.67% success rate on recommended stocks.

In addition to TD Cowen, Intuit also received a Hold from Morgan Stanley’s Adam Wood in a report issued on July 21. However, on July 26, RBC Capital maintained a Buy rating on Intuit (NASDAQ: INTU).

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.