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Analysts Split on Intuit (INTU) Stock: Bullish vs. Cautious

Analysts are divided on Intuit Inc. (NASDAQ:INTU) after Citi's Steve Enders reaffirmed a Buy rating with a high price target, while others remain cautious. We explore the reasons and context.

July 9, 2026
2 min read
Source: Insider Monkey
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Analysts are divided on Intuit Inc. (NASDAQ:INTU) after a period of bearish sentiment in June. On June 24, Steve Enders of Citi reaffirmed a Buy rating on the stock and maintained a high price target, while other analysts remain cautious.

Rating Change

  • Before: The stock faced bearish analyst sentiment throughout June.
  • After: On June 24, Citi's Steve Enders reaffirmed a Buy rating with a high price target.

Analyst Rationale

Enders believes Intuit has strong fundamentals, especially in accounting and tax software, with expected revenue growth from cloud products. He also notes the stock is undervalued after recent declines.

Context

Despite the positive rating from Citi, other analysts prefer to wait, citing high valuation risks and slowing growth in some segments. Intuit is listed among the 10 best major stocks to buy according to analysts.

What We Conclude

The stock remains in focus, but the split reflects uncertainty. Investors are advised to monitor upcoming financial reports and guidance to form their own view.

Frequently Asked Questions

Citi's Steve Enders reaffirmed a Buy rating with a high price target.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.