Oppenheimer raises target for Intuit stock from USD 380 to USD 406
Published on 10/27/2026 at 11:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst update and reporting dates
- Oppenheimer changed its Intuit target on October 26, 2026.
- Fiscal year 2026 revenue reached USD 21.4 billion, up from USD 18.8 billion in fiscal year 2025.
- Intuit stock trades at EUR 301.25 at 11:05 a.m. CET at Lang & Schwarz on October 27, 2026, 0.75 percent above the Xetra close of October 26, 2026.
- Intuit is expected to report first-quarter fiscal 2027 results on November 19, 2026.
Intuit Inc. (ISIN US4612021034) was trading at EUR 301.25 at Lang & Schwarz on October 27, 2026, at 11:05 a.m. CET, 0.75 percent above the Xetra close of October 26, 2026, at EUR 299.00. MarketScreener reported that Oppenheimer raised its Intuit price target from USD 380 to USD 406 on October 26, 2026, while keeping an Outperform rating.
Target moves back above USD 400
The new target is 6.84 percent above the previous USD 380 level. The update followed Intuit's October 20 launch of Credit Karma Tax, which offers USD 0 federal filing and USD 15 state filing, according to Intuit.
Three dated company events
On September 17, 2026, Intuit reaffirmed fiscal 2027 revenue guidance of USD 23.28 billion to USD 23.51 billion and adjusted earnings per share guidance of USD 22.88 to USD 23.12, as shown by MarketScreener. On October 20, 2026, Intuit launched Credit Karma Tax with USD 0 federal filing and USD 15 state filing, according to Intuit. On October 26, 2026, Oppenheimer raised its target from USD 380 to USD 406, according to MarketScreener.
What does the target reset imply?
The target sits 19.45 percent above the Nasdaq closing price of USD 339.89 on October 26, 2026. Intuit's latest reported quarter delivered USD 4.35 billion in revenue against a USD 4.27 billion consensus estimate, while adjusted earnings per share reached USD 4.03 against USD 3.58 expected, according to MarketBeat. Revenue increased 13.70 percent from the prior-year quarter, giving the analyst target a business-growth reference beyond the share price.
Next reporting date
MarketBeat lists November 19, 2026, as the expected date for Intuit's first-quarter fiscal 2027 results, after the market close, with a conference call scheduled for 4:30 p.m. ET.
Stock stays near its daily starting point
The euro quotation was 0.75 percent above the Xetra close during the regular Xetra session, leaving the daily move below the 1.00 percent threshold used for a directional headline. The Nasdaq listing gives investors the primary-market reference, while the German quotation remains the relevant euro price for this report. The further course of trading is shown by the continuously updated real-time quote of Intuit stock.
Intuit Inc. stock facts
- Company: Intuit Inc.
- ISIN: US4612021034
- Ticker: INTU
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 27, 2026, 11:05 a.m. CET): EUR 301.25
- Change versus Xetra close: plus 0.75 percent
- Xetra close (October 26, 2026): EUR 299.00
- Market capitalization: EUR 81.0 billion (as of October 27, 2026)
- 52-week range: EUR 223.55-594.60 (as of October 27, 2026)
- Sector / Industry: Technology / Software - Application
- Next earnings date: November 19, 2026
Market context: Market report S&P 500.
