Buy INTU by Dec 29, 2026.

Intuit is at $268, down 61% in a year and 25% in the last month. The worry is AI. Intuit makes TurboTax, which was used for 39 million US tax returns this year, and the fear is that AI will do a simple return for little or nothing. Cheaper rivals are already taking customers. The business hasn't shrunk yet, though. In the fiscal year to July, revenue grew 14% to $21.4B, and operating income and earnings per share both grew …