Intuit Inc. (INTU): Among The Most Oversold S&P 500 Stocks So Far in 2026

Intuit Inc. (NASDAQ:INTU) is among the 10 Most Oversold S&P 500 Stocks So Far in 2026. As of the close of business on May 29, the stock is a Strong Buy with an average share price upside potential of 51%.

Intuit Inc. (INTU): Among The Most Oversold S&P 500 Stocks So Far in 2026

Recent updates include J.P. Morgan analyst Mark Murphy, who on Friday reiterated the firm’s Buy rating on the stock with a price target of $605, according to a report on TipRanks.

Earlier on May 27, BofA initiated coverage of Intuit Inc. (NASDAQ:INTU) with a Buy rating and announced a price target of $400. The company’s shares are down 55% over the past 12 months. However, the firm believes the current valuation does not factor in the quality of the business, opportunities for growth, and ‘best-in-class’ margins.

The tax and finance software maker’s shares continued to tumble in May amid concerns over AI displacing products and services from established companies. During the month, the company announced it would cut 17% of its workforce as part of mass downsizing.

Moreover, its quarterly revenue for Q3 missed analysts’ estimates and grew at the slowest pace for any period since 2024, further aggravating investors’ concerns.

Intuit Inc. (NASDAQ:INTU) offers a global financial technology platform that provides financial management, compliance, and market products and services to consumers and businesses. The company has over 100 million customers worldwide, using products like TurboTax, QuickBooks, Mailchimp, and more.

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 this cheapest AI stock.

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