Top 10 AI Infrastructure Stocks to Buy Now

4. Intuit Inc. (NASDAQ:INTU)

Number of Hedge Fund Holders: 87

With strong hedge fund backing and a positive analyst outlook, Intuit Inc. (NASDAQ:INTU) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.

BMO Capital increased its price target on Intuit Inc. (NASDAQ:INTU) from $820 to $870 on July 11, 2025. Maintaining an ‘Outperform’ rating, the analyst cited growth potential in the company’s TurboTax segment, driven by new tax legislation. One Big Beautiful Bill was signed into law on July 4, 2025, resulting in significant changes to the tax code.

Analysts’ positive sentiment also follows a strong Q3 for Intuit Inc. (NASDAQ:INTU), where it recorded revenue of $7.8 billion (+15% YoY) and EPS of $11.65 per share (+18%). Meanwhile, TurboTax Live surged 47%. The company’s future outlook is further bolstered by its acquisition of Relevvo on June 30, 2025, which will streamline INTU’s go-to-market efforts, leveraging intelligent, data-driven customer engagement. The company expects full-year revenue growth of 15% and GAAP EPS growth of up to 27%.

Intuit Inc. (NASDAQ:INTU), a U.S.-based business software company, offers AI-powered tax, accounting, and credit products with platforms like TurboTax, QuickBooks, and Credit Karma.