- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Royal Bank Of Canada Lowers Intuit (NASDAQ:INTU) Stock Price Target
Analysts cite concerns about the software maker's future performance.
Feb. 27, 2026 at 6:56pm
Got story updates? Submit your updates here. ›
Royal Bank Of Canada has decreased its price target for Intuit (NASDAQ:INTU) stock from $850.00 to $600.00, while maintaining an "outperform" rating. The firm cited concerns about the software maker's future performance in a research report issued on Friday.
Why it matters
Intuit is a major player in the financial software market, with its flagship products like QuickBooks, TurboTax, and Mint. A lowered price target from a prominent analyst like Royal Bank Of Canada could signal broader concerns about the company's growth prospects and impact investor sentiment.
The details
In the research report, Royal Bank Of Canada analysts said they have lowered their price target on Intuit shares from $850.00 to $600.00, while keeping an "outperform" rating on the stock. The new $600.00 price target still represents a potential upside of 49.01% from Intuit's current trading price.
- The research report was issued on Friday, February 27, 2026.
The players
Royal Bank Of Canada
A major Canadian financial institution and one of the largest banks in North America.
Intuit Inc.
A financial software company headquartered in Mountain View, California, known for products like QuickBooks, TurboTax, and Mint.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
The takeaway
The lowered price target from Royal Bank Of Canada suggests that analysts see potential headwinds for Intuit's business in the near future, which could impact the company's stock performance. Investors will be closely watching Intuit's upcoming financial results and guidance to gauge the company's growth trajectory.
