11 Best Software Stocks to Invest In According to Billionaires

Page 6 of 10

5. Intuit Inc. (NASDAQ:INTU)

Intuit Inc. (NASDAQ:INTU) is one of the 11 best software stocks to invest in according to billionaires.

Following the company’s earnings release on February 26, 2026, investors recalibrated their expectations, as Intuit Inc. (NASDAQ:INTU) management’s expectations for Q3 profit are lower than those of Wall Street. After the results, the stock declined 4% in extended trading, drawing attention from analysts at Goldman Sachs.

Analysts at Goldman Sachs remain confident in the company’s efforts to leverage AI for better customer outcomes. On February 27, 2026, Goldman Sachs reiterated a “Neutral” rating and a $519.00 price target.

In the last six months, Intuit Inc. (NASDAQ:INTU) saw a roughly 30% decline in its share price, in line with its peers. Yet the company reported second-quarter revenue at 2.6% and an operating margin approximately 250 basis points above the consensus estimate.

While Intuit Inc. (NASDAQ:INTU) kept its fiscal 2026 guidance unchanged, its third-quarter earnings-per-share guidance fell short of the consensus estimate by 4%.

At the same time, management’s revenue guidance met street expectations. Management’s confidence in its revenue outlook stems from its Global Business Solutions segment, where the company recorded a 24% growth in its QuickBooks Online Accounting sub-segment and an 18% growth in its Online Services sub-segment.

Intuit Inc. (NASDAQ:INTU) focuses on providing business and financial management solutions. The company serves individuals and small businesses for tax preparation and filing purposes.

Page 6 of 10