Intuit Likely To Report Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Intuit Inc. INTU is expected to report its third-quarter financial results for fiscal year 2023 after the closing bell on May 23, 2023.

Analysts expect the company to post quarterly earnings at $8.48 per share, up from year-ago earnings of $7.65 per share. The company’s revenue might come in at $6.1 billion.

Intuit shares gained 1.8% to close at $454.11 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Barclays analyst Raimo Lenschow maintained an Overweight rating and raised the price target from $465 to $495 on May 15, 2023. This analyst sees around 9% upside in the company’s stock and has an accuracy rate of 69%.
• Keybanc analyst Josh Beck maintained an Overweight rating and increased the price target from $475 to $485 on April 17, 2023. This analyst sees around 7% upside in the company’s stock and has an accuracy rate of 70%.
• Citigroup analyst Steven Enders maintained a Buy rating and boosted the price target from $457 to $475 on Feb. 27, 2023. This analyst sees around 5% upside in the company’s stock and has an accuracy rate of 64%.
• BMO Capital analyst Daniel Jester maintained an Outperform rating and increased the price target from $448 to $462 on Feb. 24, 2023. This analyst sees around 2% upside in the company’s stock and has an accuracy rate of 69%.
• Oppenheimer analyst Scott Schneeberger maintained an Outperform rating and cut the price target from $516 to $476 on Nov. 30, 2022. This analyst has an accuracy rate of 71%.

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