5 Best Generative AI Software Stocks to Buy in June 2026

2. Intuit Inc. (NASDAQ:INTU)

Potential Upside:58.46%

Number of Hedge Fund Holders: 103

Intuit Inc. (NASDAQ:INTU) is one of the 8 Best Generative AI Software Stocks to Buy in June. In a filing to the Securities and Exchange Commission on June 11, Intuit announced that it has raised approximately $1.74 billion from the issuance of senior notes worth $1.75 billion.

The issuance is composed of $750 million 4.950% Senior Notes due 2031 and $1 billion worth of 5.500% Senior Notes due 2036. The company said it intends to use the net proceeds for general corporate purposes, which may include refinancing its $750 million aggregate principal amount of 5.250% Senior Notes due 2026 and its $500 million aggregate principal amount of 1.350% Senior Notes due 2027.

In other news, Goldman Sachs analyst Gabriela Borges earlier downgraded the rating on Intuit to Sell from Neutral on June 2, lowering its price target to $276 from $519, according to a report by TheFly. The analyst said consensus estimates are likely too high for the next three years, noting that the company may have to revise its long-term growth targets downward.

For the third quarter of its fiscal year 2026, Intuit reported a 10% rise in total revenues to $8.6 billion. The company expects revenues of $21.341 billion to $21.374 billion, growth of approximately 13% to 14% for its full fiscal year.

Based on 34 analyst ratings compiled by CNN, Intuit has a median price target of $446.50, a 58.46% upside from the current price of $281.77.

Intuit Inc. (NASDAQ:INTU) is a global financial technology platform. It has approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, Mailchimp, and Intuit Enterprise Suite.