Intuit Stock Hits Rare Buy Rating After 44% Collapse

Intuit Stock Hits Rare Buy Rating After 44% Collapse
Intuit has earned its first buy rating in seven years following a significant market pullback that created an attractive entry point for investors. The software company's Q2 results demonstrated solid fundamentals with 17.4% revenue growth and impressive 48.5% EPS expansion. Management projects 12-13% revenue growth and 13-15% EPS growth for fiscal 2026, signaling continued momentum ahead. The steep decline has dramatically improved valuation metrics. DCF analysis suggests Intuit trades below intrinsic value, with estimates ranging from $494 to $646 depending on growth assumptions. Despite competitive threats from artificial intelligence, the company maintains strong defensive characteristics through proprietary data, regulatory barriers, and deep customer relationships that protect its core tax and financial software businesses.