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TD Cowen Lowers PT on Intuit Inc. (INTU) Stock

Intuit Inc. (NASDAQ:INTU) is among the 14 Best Cloud Computing Stocks to Buy Right Now.

On February 9, TD Cowen analyst Jared Levine reduced the firm’s price objective on the company’s stock to $658 from $802, while keeping a “Buy” rating, as reported by The Fly.

The moderately positive view is backed by the expectation of an easy beat against a low bar. This comes after the underperformance in the company’s shares. The firm highlighted investor hesitation related to the AI impacts and terminal values, tagging them as factors impacting the upside for the company’s stock.

In a separate release, on February 9, BMO Capital reduced its price target on Intuit Inc. (NASDAQ:INTU)’s stock to $624 from $810, while keeping an “Outperform” rating, as reported by The Fly. This comes after BMO’s annual survey of the US tax filers. The survey highlighted generally favorable trends for Intuit Inc. (NASDAQ:INTU)’s TurboTax product line.

The firm noted healthy metrics for TurboTax Full Service, which is an expanded local strategy, and constructive upsell as well as cross-sell opportunities. These are expected to help the company against difficult Live comparisons for FY 2026 results.

Intuit Inc. (NASDAQ:INTU) offers financial management, payments and capital, compliance, and marketing products and services. It carries out its operations via 4 segments, i.e., Global Business Solutions, Consumer, Credit Karma, and ProTax.

While we acknowledge the potential of INTU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INTU and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now.

Disclosure: None.

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:

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