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Mizuho Issues Pessimistic Forecast for Intuit (NASDAQ:INTU) Stock Price
Analysts cut price target from $675 to $600 amid broader market uncertainty.
Published on Mar. 2, 2026
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Analysts at Mizuho have lowered their price target for shares of Intuit (NASDAQ:INTU) from $675.00 to $600.00, though they maintain an "outperform" rating on the stock. The revised target suggests a potential upside of 46.69% from the company's previous close. Several other research firms have also recently decreased their price targets for Intuit amid broader market volatility.
Why it matters
Intuit is a major player in the financial software and services industry, with popular products like QuickBooks, TurboTax, and Mint. Analysts' revised forecasts reflect broader economic uncertainty and its potential impact on Intuit's business performance and stock price.
The details
In a research note issued on Monday, Mizuho analysts dropped their price target on Intuit shares from $675.00 to $600.00, while maintaining an "outperform" rating. Several other firms, including Royal Bank of Canada and Citigroup, have also recently lowered their price targets for Intuit, citing factors like market volatility and macroeconomic conditions.
- Mizuho issued the updated research note on Monday, March 2, 2026.
The players
Intuit
A financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products.
Mizuho
A Japanese financial services group that provides investment banking, securities, and other financial services.
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
Intuit's stock price has faced significant volatility amid broader market uncertainty, with several prominent research firms lowering their price targets for the company. This highlights the challenges facing the financial software industry and the need for Intuit to navigate a complex economic landscape.
