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Intuit stays strong at $75B with double-digit growth and strategic cuts despite AI concerns

Analyst Insights
07 Oct 2026
Seeking Alpha
View Source
Bullish
Intuit stays strong at $75B with double-digit growth and strategic cuts despite AI concerns

Intuit remains a robust $75 billion software company, showing resilience despite market fears around AI. The company reports double-digit revenue and earnings growth, with a 2026 GAAP EPS guidance of $15.92. While TurboTax revenue is soft, growth in mid-market and complex tax segments balances this out. A recent 17% workforce reduction aims to streamline operations and support continued growth in earnings. Intuit's strategic share repurchases and strong market position suggest sustained high-teens price-to-earnings growth ahead.

Intuit holds a market cap of $76.08 billion and a dividend yield of 1.94% as of Oct 07, 2026 12:41 WIB on Pluang. The stock price stands at USD 289.85 with minimal change in the last day, reflecting steady investor interest. Pluang data shows a strong buy sentiment with 94% of order activity favoring purchases, supporting the company's positive outlook despite recent workforce reductions.

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