10 Best Blue Chip Stocks to Buy for the Long Term

6. Intuit Inc. (NASDAQ:INTU)

Intuit Inc. (NASDAQ:INTU) is one of the best blue chip stocks to buy for the long term. On February 27, TD Cowen analyst Jared Levine reiterated a Buy rating on Intuit Inc. (NASDAQ:INTU) and kept the price target unchanged at $658. The move was in response to Intuit’s Q2 FY2026 earnings that beat expectations on both the top and bottom lines.

In the earnings report, which Intuit shared on February 26, the company said its revenue touched $4.65 billion, up 17% year over year and ahead of the $4.53 billion consensus. The non-GAAP EPS came in at $4.15, a 25% jump from the prior year and well above the $3.68 analyst estimate. Also, GAAP operating income rose 44% to $855 million. The company reaffirmed its full-year FY2026 guidance, projecting revenue of $20.997-$21.186 billion and non-GAAP EPS of $22.98-$23.18.

Despite the beat and reaffirmation, Intuit’s stock fell 4% in after-hours trading. TD Cowen attributed the reaction not to company-specific concerns but to broader investor anxiety about AI disruption across the software sector. The firm called those fears “overdone” and described the current valuation as an attractive risk-reward entry point.

Because of the earnings performance, Intuit’s Board of Directors approved a quarterly dividend of $1.20 per share, payable April 17, 2026.

Intuit Inc. (NASDAQ:INTU) develops financial management and compliance software for consumers, small businesses, and accountants. Its major products include QuickBooks for accounting, TurboTax for tax preparation, Credit Karma for personal finance, and Mailchimp for marketing automation.