KeyBanc Maintain Positive Bias on Intuit (INTU) Despite Tighter Pricing Comparisons

Intuit Inc. (NASDAQ:INTU) ranks among the best software stocks to buy right now. On August 22, KeyBanc maintained its Overweight rating on Intuit Inc. (NASDAQ:INTU) but reduced its price target from $850 to $825. The change comes after Intuit’s fiscal fourth-quarter results, which, in spite of the lowered projection for fiscal year 2026, showed revenue and non-GAAP operating income above Street expectations.

KeyBanc attributed the target drop to tighter pricing comparisons compared to fiscal 2025 and ongoing Mailchimp headwinds, which are predicted to impact growth by 150 basis points in fiscal 2026.

That said, the firm pointed out that while core QuickBooks Online ecosystem revenues increased by 18% in the fourth quarter, Intuit’s midmarket online ecosystem continues to do well, with revenue up 40%, which is consistent with the rest of fiscal 2025.

Intuit Inc. (NASDAQ:INTU) is a global financial technology platform that enables both individuals and organizations to achieve their financial goals. Its products include Mailchimp for email marketing, QuickBooks for company accounting, Credit Karma for financial management, and TurboTax for tax preparation.

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Disclosure: None. This article is originally published at Insider Monkey.