Intuit stock price has crashed this year and is now hovering at its lowest level since September 2020. INTU has plunged 62% from its July last year high, making it the top laggard in the Nasdaq 100 Index this year.
Intuit upgraded to Strong Buy as operational performance and a fortress balance sheet contrast sharply with a 50% valuation discount. Q3 2026 revenue rose 10.4% to $8.56B, with Global Business Solutions and TurboTax Live driving growth; non-GAAP EPS beat consensus for the 19th time in 20 quarters. Forward 12-month P/E has compressed to 12 versus a 20-year average of 29.8, implying a 50% discount to fair value and a potential 101% total return by April 2027.
$131 billion. That's how much Intuit's market value has decreased over the last year, falling from an all-time high of just over $219 billion in July 2025 to $88.1 billion on Friday.
Intuit is a market leader in financial software, currently trading at a deep discount with a strong long-term ‘strong buy' rating. INTU's dividend yield is at a decade high, supported by a 14-year streak of double-digit increases and outstanding safety metrics. Despite investor concerns over AI disruption and DIY TurboTax weakness, INTU's TurboTax Live and Enterprise Suite are driving double-digit revenue growth.
INTU's Mailchimp's new Analytics AI and expanded integrations aim to help e-commerce brands turn customer data into smarter campaigns and growth.
INTU's AI-driven ecosystem and TurboTax Live fuel growth, while PYPL's Venmo expansion and comprehensive payments and commerce solutions intensify the fintech battle.
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Zacks.com users have recently been watching Intuit (INTU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Intuit Inc (NASDAQ:INTU, XETRA:ITU) was reinstated with a ‘Buy' rating and a $400 price target by Bank of America, which said the financial software company's current valuation does not fully reflect the strength of its business, growth profile, and profitability. The bank said it values Intuit at 14 times estimated calendar 2027 enterprise value to free cash flow, citing what it described as a “high-quality platform” with durable competitive positioning and best-in-class margins.
INTU's TurboTax moves beyond DIY filing with assisted tax, faster refunds and financial tools, as TurboTax Live drives growth despite pricing pressure.
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Intuit (INTU) possesses solid growth attributes, which could help it handily outperform the market.