Here is Why Intuit (INTU) is One of the Cheap AI Stocks to Buy According to Analysts

Intuit Inc. (NASDAQ:INTU) is one of the cheap AI stocks to buy according to analysts. On May 20, Intuit announced financial results for FQ3 2026, reporting total revenue of $8.6 billion, a 10% increase year-over-year. Driven by strong segment performance, with Consumer revenue rising 8% to $5.3 billion and Global Business Solutions growing 15% to $3.3 billion, the company raised its full-year 2026 revenue guidance to between $21.341 billion and $21.374 billion.

The quarterly momentum was led by Intuit’s AI-driven expert platform strategy, which combines proprietary financial data with domain-specific AI platform capabilities and human expertise. This AI strategy fueled a 19% growth in Online Ecosystem revenue, driven by expansion in QuickBooks Online and connected money services.

Here is Why Intuit (INTU) is One of the Cheap AI Stocks to Buy According to Analysts

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TurboTax Live revenue (which merges AI automation with live professional assistance) is expected to grow 36% for the full fiscal year, accounting for approximately 53% of total TurboTax revenue. Additionally, the combination of trusted financial intelligence and automated workflows helped drive a 15% increase in Credit Karma revenue, alongside an 11% increase in average revenue per user for TurboTax Online as more consumers opted for AI-assisted tax filing experiences.

Intuit Inc. (NASDAQ:INTU) is an AI-driven financial technology platform that integrates its proprietary GenOS and GenAI assistants across TurboTax, Credit Karma, QuickBooks, and Mailchimp to automate financial workflows for 100 million customers.

While we acknowledge the risk and potential of INTU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than INTU and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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