Intuit's stock has fallen 51% this year, making it the worst performer in the S&P 500, driven by concerns over AI competition in tax software and recent job cuts. Goldman Sachs downgraded Intuit, citing expected declines in TurboTax revenue, which accounts for about 25% of the company's income. The rise of AI-powered tax services like Prime Meridian and Chime Tax threatens Intuit's market share. Despite CEO Sasan Goodarzi's confidence in AI-driven strategies, the company faces significant challenges ahead.

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Top 10 dividend growth stocks for June 2026 ranked by quality and upside potential.

FerdiS presents his monthly ranking of dividend growth stocks, highlighting the top 10 picks for June 2026. These stocks are selected based on a quality assessment and must have at least 15% upside potential and an Adjusted Chowder Number above 12.0....

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Intuit shares plunge 51% in 2026, worst in S&P 500 amid AI competition and job cuts

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Top 10 dividend growth stocks for June 2026 ranked by quality and upside potential.

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Intuit shares plunge 51% in 2026, worst in S&P 500 amid AI competition and job cuts

More News (INTU)

Top 10 dividend growth stocks for June 2026 ranked by quality and upside potential.

Invest & Trade with#1 Award-Winning Investment Super App

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Google Play Store

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