Analysts Stay Bullish on Intuit (INTU) After Strong Q1 Results

Intuit Inc. (NASDAQ:INTU) is one of the 14 Most Promising Fintech Stocks to Invest In. On November 21, Stifel reiterated its Buy rating on Intuit Inc. (NASDAQ:INTU) with a price target of $800 after the company reported stronger-than-expected results for the first quarter of fiscal 2026.

Credit Karma beat expectations by $70 million because of strong consumer loan and credit card activity. Intuit Inc.’s (NASDAQ:INTU) Global Business Services (GBS) segment also contributed $55 million above forecasts as Payments and Payroll kept seeing strong growth despite economic moderation.

This performance led to a revenue beat of about 400 basis points. Intuit Inc. (NASDAQ:INTU) slightly raised its Q2 outlook and maintained its full-year guidance. Stifel sees a strong second half for the company’s fiscal year. TurboTax Live is gaining market share and this should generate strong upside within the tax business. The firm also expects GBS to continue growing in the mid-to-upper teens range, supported by healthy service usage and progress in its upmarket transition. Stifel sees Intuit Inc. (NASDAQ:INTU) as one of its “top large-cap picks.”

On November 21, Evercore ISI also reaffirmed its Outperform rating on Intuit Inc. (NASDAQ:INTU) with a price target of $875 following the company’s earnings report. The research firm noted that 2.8 million customers are using Intuit Inc.’s (NASDAQ:INTU) agentic offerings, and these services are continuing to gain traction. Evercore expects this should help increase average revenue per customer over time. The research firm continues to see Intuit Inc. (NASDAQ:INTU) as a “top pick” heading into 2026.

Intuit Inc. (NASDAQ:INTU) is an American multinational financial technology and business software company that offers a wide range of products and services.

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