Intuit (INTU) Completes Federal Reserve FedNow Certification Program

Intuit Inc. (NASDAQ:INTU) is one of the 12 Oversold Blue Chip Stocks to Buy According to Analysts.

On April 9, 2026, Intuit Inc. (NASDAQ:INTU) announced it has completed the Federal Reserve’s certification and readiness program for the FedNow Service. The milestone enables Intuit to support instant payments by partnering with financial institutions, allowing businesses to receive funds immediately, improve cash flow visibility, and benefit from real-time settlement.

Last month, Morgan Stanley named Intuit Inc. (NASDAQ:INTU) a Top Pick within its coverage, maintaining an Overweight rating and a $580 price target. The firm said valuation appears attractive, with two product cycles supporting potential top-line acceleration, and noted that upcoming fiscal Q3 results could provide greater clarity on tax-related momentum and estimate revisions.

Intuit (INTU) Completes Federal Reserve FedNow Certification Program

Separately, Northcoast upgraded Intuit Inc. (NASDAQ:INTU) to Buy from Neutral with a $575 price target, citing the stock’s nearly 30% decline in 2026 and arguing that concerns around AI disruption may be overshadowing the strength of Intuit’s core tax and small business franchise.

Intuit Inc. (NASDAQ:INTU) provides financial software and services for individuals and businesses.

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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