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Investing.com - Mizuho maintained its Outperform rating and $875.00 price target on Intuit (NASDAQ:INTU), currently valued at $188 billion, following the company’s 2025 Investor Day presentation. According to InvestingPro data, analyst targets range from $600 to $971, with a strong consensus recommendation of 1.61 (Buy).
The research firm highlighted that Intuit management outlined an internal goal to accelerate revenue growth to 20% by 2030, compared to 16% in fiscal year 2025 and 13% in fiscal year 2024, while continuing to expand margins consistently. The company already demonstrates impressive execution with an 80.4% gross profit margin and 15.6% revenue growth in the last twelve months.
Intuit’s strategy for achieving this revenue acceleration centers on AI-driven service adoption and sustained 40%+ growth in mid-market and TurboTax Live segments, according to Mizuho’s analysis.
The firm expressed confidence in Intuit’s ability to reach these targets, noting the company is in the early stages of expanding upmarket in both business and consumer segments with significant total addressable market opportunities.
Mizuho also pointed out that management’s 2030 growth target demonstrates conviction that the reacceleration in consumer and tax segments observed in fiscal year 2025 was not a one-time event, while all long-term guidance ranges were maintained.
In other recent news, Intuit reaffirmed its financial guidance for fiscal year 2026 at an Investor Day event, projecting full-year revenue between $20.997 billion and $21.186 billion, representing growth of approximately 12% to 13%. The company also reiterated its GAAP operating income projection of $5.782 billion to $5.859 billion and non-GAAP operating income of $8.611 billion to $8.688 billion. Despite these projections, Intuit’s first-quarter fiscal 2026 guidance has been described as "light" by RBC Capital, which maintained its Outperform rating and $850 price target. Mizuho also reiterated its Outperform rating, viewing recent share weakness as a buying opportunity, although they noted that Intuit’s GBSG guidance fell short of expectations. KeyBanc lowered its price target to $825, citing Mailchimp-related headwinds, while maintaining an Overweight rating. UBS reduced its price target to $725, maintaining a Neutral rating, due to conservative guidance concerns. Intuit’s fourth-quarter results showed strong revenue growth of 20% for the quarter and 16% for fiscal year 2025, exceeding Street expectations.
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