5 Strong Buy Stocks to Buy and Hold for the Next 5 Years

2. Intuit Inc. (NASDAQ:INTU)

On May 22, 2026, Argus lowered the firm’s price target on Intuit Inc. (NASDAQ:INTU) to $480 from $580 while maintaining a Buy rating on the shares. Argus cited the stock’s decline after Intuit lowered its TurboTax revenue forecast despite beating quarterly sales and EPS expectations. The firm also noted that Intuit continues to push back against concerns that AI agents could replace its solutions, pointing to customer integration, ease of use, scalability, and security across core products such as QuickBooks.

TD Cowen also lowered the firm’s price target on Intuit Inc. (NASDAQ:INTU) to $504 from $576 and maintained a Buy rating on the shares. TD Cowen adjusted estimates following the company’s Q3 report and 17% workforce reduction announcement.

On May 20, 2026, Intuit Inc. (NASDAQ:INTU) reported fiscal Q3 EPS of $12.80, ahead of the consensus estimate of $12.57. Revenue totaled $8.56B, above the consensus estimate of $8.54B. Consumer revenue grew to $5.3 billion, up 8%, while TurboTax revenue increased to $4.4 billion, up 7%. Credit Karma revenue rose 15% to $631 million, while ProTax revenue was flat at $278 million. Global Business Solutions revenue increased 15% to $3.3 billion, and Online Ecosystem revenue grew 19% to $2.5 billion. CEO Sasan Goodarzi said the quarter was driven by Intuit’s “AI-driven expert platform strategy” and cited growth across assisted tax, its money portfolio, and mid-market businesses growing north of 30%.

Intuit Inc. (NASDAQ:INTU) provides financial management, payments and capital, compliance, and marketing products and services in the United States.