Intuit Inc. (INTU) Stock Price & How to Invest
Last updated July 2026
Short answer
Intuit (INTU) is the financial-software giant behind TurboTax, QuickBooks, Credit Karma and Mailchimp, a highly profitable subscription business whose stock has fallen roughly two-thirds from its 2025 high on fears that AI could commoditize tax prep and small-business accounting. Anyone weighing it is really deciding whether Intuit's own AI reinvention defends its moat or whether AI erodes its pricing power.
INTU stock price
As of 2026-08-06, Intuit Inc. (INTU) last closed at $321.91, down 57.7% over the past year. Over the past 52 weeks it has traded between $255.07 and $761.61.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Intuit Inc.'s investor relations page. Walnut is informational, not investment advice.
What does Intuit Inc. (INTU) do?
Intuit is a financial technology company built around four platforms: QuickBooks and Mailchimp for small and mid-market businesses, TurboTax for consumer tax filing, Credit Karma for consumer credit and personal finance, and a ProTax line for accountants. The company earns most of its revenue from recurring software subscriptions and services, with QuickBooks Online and TurboTax as the two largest profit engines. It generates high margins, returns cash through a growing dividend and large buybacks, and has been reorganizing its entire product suite around generative AI through its Intuit Assist assistant and a multi-year partnership with Anthropic to build custom AI agents.
The investment picture in mid-2026 is unusually polarized. Fundamentals still look strong: fiscal Q3 2026 revenue grew about 10%, QuickBooks Online Accounting grew roughly 22%, and management raised full-year guidance to around 13% to 14% growth. Yet the shares have fallen roughly 64% over the past year, from a 2025 peak near $800 to the mid-$270s, on fears that AI chatbots and automated agents could erode the value of paid tax prep and bookkeeping. That decline compressed the trailing P/E to about 17, far below Intuit's historical premium multiple near 48. So the stock now trades less on this year's results and more on whether AI is a threat Intuit absorbs or one that finally cracks its pricing power.
What's driving Intuit Inc. (INTU)?
1. QuickBooks and the small-business platform
QuickBooks Online Accounting revenue grew about 22% in the most recent quarter, driven by higher effective prices, customer growth and a mix shift toward higher tiers. Intuit is pushing an Intuit Enterprise Suite up-market to serve larger, mid-market businesses, with mid-market and money segments growing north of 30%. This ecosystem is the company's biggest structural growth driver.
2. AI reinvention and the Anthropic partnership
Intuit is embedding its Intuit Assist generative AI assistant across TurboTax, QuickBooks, Credit Karma and Mailchimp, and partnering with Anthropic to let mid-market businesses build custom AI agents on the Intuit platform. TurboTax and QuickBooks are also becoming accessible inside AI assistants through MCP integrations. Management frames AI as a way to raise value per customer rather than replace the products, which is the central bull thesis after the selloff.
3. Cash returns and cost discipline
Intuit raised its quarterly dividend about 15% to $1.20 per share and its board approved a new $8 billion buyback authorization, repurchasing $1.6 billion of stock in the quarter. It also moved to reduce and reshape its workforce as it reorganizes around AI, aiming to redeploy hiring toward engineering and AI roles. The combination signals continued high free cash flow alongside a leaner cost base, and buybacks are more accretive at the lower share price.
4. Consumer tax and Credit Karma
TurboTax remains a dominant consumer tax franchise, and Intuit has leaned on higher-priced assisted and full-service tiers to grow the segment. Credit Karma reconnects those consumers year-round with credit, lending and money features. Together they anchor Intuit's consumer platform, though tax is also the segment most exposed to AI-automation and free-file worries.
What are the risks to Intuit Inc. (INTU)?
The central risk is that AI assistants and free or low-cost automated tools erode the perceived value of paid tax preparation and bookkeeping, pressuring Intuit's pricing power and its historically premium multiple. The stock has already fallen roughly two-thirds from its 2025 high on exactly this fear, so sentiment can swing hard on any sign of slowing QuickBooks or TurboTax momentum. TurboTax also faces recurring regulatory and free-file scrutiny (including the IRS Direct File program), while consumer segments are sensitive to a weaker economy and softer lending. Heavy AI investment and a workforce reorganization add execution risk if the changes disrupt the core business. Finally, competition is intensifying across every segment from lower-cost software and AI-native entrants.
What is the Intuit Inc. (INTU) forecast?
33 analysts publish price targets on INTU, averaging $456.47 against a $316.07 price as of August 2026, or +44.4%. The published targets run from $250.00 to $921.00, a wide spread, and the ratings split 25 buy, 8 hold, 2 sell. Over the last six months there have been 0 raises and 12 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.
Read the full INTU forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.
Is INTU a buy or a sell?
We give no verdict on Intuit Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.
The case for buying. QuickBooks and the small-business platform. QuickBooks Online Accounting revenue grew about 22% in the most recent quarter, driven by higher effective prices, customer growth and a mix shift toward higher tiers. The most optimistic published target, $921.00, assumes this works close to its best case.
The case against. The central risk is that AI assistants and free or low-cost automated tools erode the perceived value of paid tax preparation and bookkeeping, pressuring Intuit's pricing power and its historically premium multiple. The most pessimistic target, $250.00, is roughly what INTU is worth if this bites instead.
Read the full bull and bear case on INTU, including what would have to change to break either one. Walnut is not an investment adviser.
How is Intuit Inc. (INTU) valued? (approximate, July 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Intuit Inc.'s investor relations page or your broker.
- Revenue (TTM): ~$20B
- Q3 FY2026 revenue: ~$8.6B (+10% YoY)
- FY2026 revenue guidance: ~$21.3B (+13% to 14%)
- Market cap: ~$75B
- P/E (trailing): ~17x
- Non-GAAP EPS (FY2026 guide): ~$23.80
Intuit posted about 10% revenue growth in fiscal Q3 2026 (the quarter ended April 2026, its seasonally largest tax quarter) and raised full-year guidance to roughly 13% to 14% growth with non-GAAP EPS around $23.80 to $23.85. Despite those results, the shares have fallen roughly 64% over the past year on AI-disruption fears, dropping from a 2025 peak near $800 to the mid-$270s and pushing the trailing P/E near 17, well below Intuit's ten-year median around 48. The result is a stock priced far more cautiously than its reported financials alone would suggest.
Which ETFs hold Intuit Inc. (INTU)?
If you want INTU exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.
What themes does Intuit Inc. (INTU) fit?
These are the investment theses INTU naturally fits into. Each links to a full theme guide listing every other stock that belongs and the ETFs commonly used as a passive proxy.
Who competes with Intuit Inc. (INTU)?
Small-business accounting and software
Xero, Sage, FreshBooks and Wave compete with QuickBooks in accounting and bookkeeping, while newer AI-native bookkeeping tools target the same small-business workflows. This is Intuit's core franchise and the segment where pricing power matters most.
Consumer tax and personal finance
H&R Block, FreeTaxUSA, TaxAct and the IRS Direct File program compete with TurboTax, and general-purpose AI assistants increasingly help users with tax and money questions. Credit Karma also competes with NerdWallet and other personal-finance and credit platforms.
What stocks are similar to Intuit Inc. (INTU)?
Other names that sit close to INTU: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.
How to invest in Intuit Inc. (INTU)
There are three common ways to get INTU exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (IGV, FINX, VFLO), which spreads the position across many companies. Or build it into a focused thematic portfolio, so INTU sits alongside other stocks that express the same thesis.
Walnut takes the portfolio route. Describe a thesis where INTU fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.
The bottom line on Intuit Inc. (INTU)
INTU pairs durable, cash-rich franchises with fresh AI-disruption anxiety, so after a steep decline the stock has become a debate about whether the same AI wave threatens Intuit or gets absorbed by it.
More on Intuit Inc. (INTU)
Whether INTU is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is INTU a buy or a sell?, and where the stock could go from here in the INTU stock forecast.
For income investors, whether INTU pays a dividend and how the payout looks is covered in does INTU pay a dividend? And to weigh INTU against a peer, read the full side-by-side comparisons: INTU vs AAPL and INTU vs ADBE.
Wondering how INTU fits the portfolio you already own? Walnut is an AI investing app that connects your brokerage read-only and answers questions like that about your actual holdings: overlap, concentration, and how each position tracks the S&P 500. Compare the best AI portfolio analyzers or see the best AI investing apps in 2026.
Investing in Intuit Inc. with AI
Connect the broker you already use and ask Walnut's AI how INTU fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
What does Intuit do?
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Intuit is a financial-software company. Its main products are QuickBooks (small-business accounting), TurboTax (consumer tax filing), Credit Karma (consumer credit and personal finance) and Mailchimp (email marketing). Most of its revenue comes from recurring software subscriptions and related services.
Is INTU a good investment?
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That depends on your goals, time horizon and risk tolerance, and Walnut is not an investment adviser. INTU offers highly profitable, cash-generative franchises but faces real questions about how AI affects tax prep and bookkeeping after a sharp decline in the stock. Look at the growth rate, margins, the compressed valuation and the AI-disruption debate, and consider your own situation.
Why has INTU stock fallen so much?
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The stock has dropped roughly 64% over the past year, from a 2025 high near $800 to the mid-$270s, mainly on fears that AI assistants and automated tools could reduce the value of paid tax preparation and small-business accounting, Intuit's two biggest profit engines. That worry compressed the valuation even as reported revenue kept growing around 10%.
How does Intuit make money?
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Intuit earns most of its money from software subscriptions and services. QuickBooks Online generates recurring monthly and annual fees from businesses, TurboTax charges per return with higher-priced assisted and full-service tiers, and Credit Karma and Mailchimp add advertising, lending referral and marketing-software revenue. Its fiscal third quarter, covering tax season, is by far its largest.
What is Intuit doing with AI?
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Intuit is embedding its Intuit Assist generative AI assistant across TurboTax, QuickBooks, Credit Karma and Mailchimp, and it partnered with Anthropic to let businesses build custom AI agents on the Intuit platform. It positions AI as a way to increase value per customer, though investors are actively debating whether AI is a net threat or a benefit.
Who are Intuit's main competitors?
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In small-business accounting, Xero, Sage, FreshBooks and Wave. In consumer tax, H&R Block, FreeTaxUSA, TaxAct and the IRS Direct File program. In marketing software, HubSpot, Klaviyo and Constant Contact compete with Mailchimp, and NerdWallet competes with Credit Karma.
Does Intuit pay a dividend?
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Yes. Intuit raised its quarterly dividend roughly 15% to about $1.20 per share and also runs large share buybacks, including a new $8 billion repurchase authorization. The dividend yield is modest, so Intuit is more of a growth-and-buyback story than a high-yield one.
How can I invest in INTU through Walnut?
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With Walnut you can add INTU to a thematic basket alongside related holdings, set a target weight, connect your own brokerage and place orders that bring the basket toward those targets. Trades execute at your broker; Walnut is the tracking and analysis layer, not an investment adviser.
Guides that feature INTU
INTU is one of the names covered in these guides. Each one puts the stock next to its peers so you can see where it fits rather than judging it alone.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Intuit Inc.'s investor relations page or your broker before making investment decisions.