Northcoast Upgrades Intuit (INTU) from Neutral to Buy

Intuit Inc. (NASDAQ:INTU) is one of the 10 best large cap growth stocks to buy.

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Even though the share price has fluctuated recently, analyst sentiment about Intuit Inc. (NASDAQ:INTU) remains mostly positive.

Compared with the Software Applications industry as a whole, which saw a decline of slightly over 20% during the last six months, Intuit Inc. (NASDAQ:INTU) shares have fallen more than 25% during the same period.

Nevertheless, as of March 6, 2026, Intuit’s one-year drop was almost 21%, while the industry’s decline was approximately 26%. This reflects lower short-term performance, alongside marginally superior longer-term relative returns.

Amid this, Wall Street continues to have a positive outlook on Intuit Inc. (NASDAQ:INTU) despite its uneven performance. The median price target of $580 suggests a 20.5% increase from the current $481.17 share price, with roughly 79% of covering analysts remaining bullish.

The latest selloff is seen by several analysts as a possible buying opportunity.

On March 6, 2026, citing the stock’s nearly 30% decline in 2026, Northcoast Research upgraded Intuit Inc. (NASDAQ:INTU) from Neutral to Buy and set a $575 price target.

According to the firm, worries about possible AI disruption have put added pressure on shares, but they may not fully reflect the strength of Intuit’s small-business ecosystem and tax preparation business.

Similarly, on March 2, 2026, Mizuho Financial Group reduced its price target on Intuit Inc. (NASDAQ:INTU) from $675 to $600 while maintaining an Outperform rating following the company’s fiscal second-quarter results.

Intuit Inc. (NASDAQ:INTU) focuses on financial management and tax software through its TurboTax, QuickBooks, Credit Karma, and ProTax platforms. It serves consumers, self-employed individuals, small businesses, and accounting professionals in the United States and Canada.

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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