Intuit's stock has dropped about 24% due to fears of AI commoditization impacting its valuation. However, the company raised its full-year revenue guidance to about 13.5% growth and continues to show strong free cash flow margins. Growth in TurboTax Live and mid-market segments offsets risks in the low-end DIY tax market. The current valuation assumes near-zero terminal growth, presenting a buying opportunity if Intuit sustains modest double-digit earnings growth.
Intuit is rated Buy due to strong growth in key businesses like QuickBooks and TurboTax, which continue to grow at double-digit rates. Despite concerns about AI disruption and recent stock underperformance, the company's resilience in its online ecos...
Intuit is still recommended as a Buy heading into Q4 2026 despite short-term volatility caused by company restructuring, workforce cuts, and cautious analyst sentiment. The company targets double-digit revenue and earnings per share (EPS) growth, wit...
