Oppenheimer Raises PT on Intuit Inc. (INTU) to $868; Maintains 'Outperform' Rating

Intuit Inc. (NASDAQ:INTU) is included in our list of the 11 Hot Software Stocks to Buy Now.

On July 28, 2025, Oppenheimer raised its price target on Intuit Inc. (NASDAQ:INTU) from $742 to $868, maintaining an ‘Outperform’ rating. This price revision comes ahead of the company’s FY25 close. With the Consumer segment regaining momentum, the investment firm expects a strong finish to the year. Meanwhile, TurboTax, the company’s software for the preparation of income tax returns, is driving mid-single-digit growth in paying units in FY25 with a successful marketing strategy.

Looking ahead, the investment firm expects increasing tax code complexity, which could increase demand for and adoption of Intuit Inc. (NASDAQ:INTU)’s TurboTax Live platform. As a result, the analyst projects growth in average revenue per user for the company. Meanwhile, analyst confidence in INTU’s Global Business Solutions segment remains intact, while Credit Karma’s growing momentum continues. Furthermore, the analyst expects continued growth for the company with Intuit Assist, its AI-powered tool, continuing to enhance operational efficiency and execution.

Known for software like QuickBooks, TurboTax, and Credit Karma, Intuit Inc. (NASDAQ:INTU) offers financial management, tax preparation, and credit services software. It is included in our list of the hot stocks to buy.

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