Intuit (INTU): Reassessing Valuation After New USDC Partnership and Reinforced AI‑Driven Growth Outlook

Intuit (INTU) just gave investors a fresh catalyst by unveiling a multi year partnership with Circle to weave USDC stablecoin rails into TurboTax, QuickBooks, and Credit Karma, while also doubling down on AI and growth guidance.

See our latest analysis for Intuit.

Those moves help explain why Intuit’s recent 7 day share price return of 3.15 percent and year to date share price return of 8.42 percent contrast with a softer 1 year total shareholder return of 6.48 percent. This suggests momentum is rebuilding after a choppy few months.

If Intuit’s push into AI powered finance has your attention, it could be a good moment to see what other innovators are doing across high growth tech and AI stocks.

With shares still trading at a double digit discount to both intrinsic value estimates and bullish analyst targets, yet boasting premium growth expectations, the real question is whether this is a buying window or if markets already see what comes next.

Most Popular Narrative: 16.1% Undervalued

With Intuit’s fair value estimate sitting well above the last close of $675.21, the most followed narrative points to meaningful upside from here.

The analysts have a consensus price target of $819.73 for Intuit based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $971.0, and the most bearish reporting a price target of $600.0.

Read the complete narrative.

Want to see how steady double digit growth, rising margins, and a rich future earnings multiple can still justify upside from here? The full narrative breaks down the precise revenue path, profit expansion, and discount rate assumptions that underpin this premium yet still bullish valuation.

Result: Fair Value of $805.22 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, sluggish Mailchimp growth and Credit Karma’s cyclicality could quickly undermine the bullish case if execution stumbles or consumer credit conditions tighten.

Find out about the key risks to this Intuit narrative.

Another Angle on Valuation

Step away from fair value models and Intuit suddenly looks pricey. It trades on a 45.6 times earnings multiple versus 32.4 times for the US Software industry and a fair ratio of 40.6 times, implying investors are already paying up for execution and AI upside.

See what the numbers say about this price — find out in our valuation breakdown.

Build Your Own Intuit Narrative

If you see the story differently, or would rather dig into the numbers yourself, you can build a personalized view in minutes: Do it your way.

A good starting point is our analysis highlighting 3 key rewards investors are optimistic about regarding Intuit.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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