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, with non-GAAP EPS expected to rise 18%. Intuit's strong cash flow supports dividends and share buybacks, and its valuation is attractive at 14.03 times forward non-GAAP earnings, significantly below sector medians. Key risks include successful execution of restructuring, AI monetization, customer retention, and industry challenges, while potential upside depends on margin recovery and product adoption.
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'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 ...
