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Northcoast Upgrades Intuit (INTU) from Neutral to Buy

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

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.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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