In this article, we will list the Top 5 Lowest P/E Ratio Stocks of the S&P 500. Please visit Top 10 Lowest P/E Ratio Stocks of the S&P 500 if you’d like to see an extended list and the methodology behind it.
5. Intuit Inc. (NASDAQ:INTU)
Number of Hedge Fund Holders: 92
Intuit Inc. (NASDAQ:INTU), with a forward P/E of 10.91x and upside potential of 50.50%, is among the top 10 lowest forward P/E stocks in the S&P 500.
Intuit Inc. (NASDAQ:INTU) has been one of the steeper decliners in the S&P 500 this year, with AI disruption fears driving nearly 55% year-to-date losses and close to 60% over the past year. That sell-off has divided Wall Street between those who see an opportunity and those who expect further downside. Shares were trading at around $300 at the time of writing.
The most bearish analyst note came on June 2, 2026, when Goldman Sachs analyst Gabriela Borges downgraded Intuit Inc. (NASDAQ:INTU) to “Sell” from “Neutral” and cut the firm’s price target to $276 from $519. Borges said consensus estimates are likely too high for the next three years and that Intuit may need to revise its long-term growth targets lower. She expects downward estimate revisions to weigh on the stock over the next several quarters as the market adjusts to an updated growth algorithm of 5% to 10% in sales growth. Additionally, Goldman cited heightened competition in tax as a key concern.
Others have remained more constructive.
On May 26, 2026, Mizuho analyst Siti Panigrahi cut the firm’s price target on Intuit Inc. (NASDAQ:INTU) to $500 from $600 but kept an “Outperform” rating, pointing to a fiscal third-quarter TurboTax shortfall as the driver of the post-earnings selloff. Mizuho said the tax bull case remains intact, citing what it called durable long-term growth from TurboTax Live and the assisted tax category.
On May 22, 2026, Argus lowered its target to $480 from $580 while keeping a “Buy” rating. The firm noted that Intuit Inc. (NASDAQ:INTU) lowered its TurboTax revenue forecast despite beating on sales and EPS, and said management continues to push back on AI replacement concerns, pointing to customer integration, ease of use, scalability, and security across QuickBooks and other core products.
Despite bearish sentiment surrounding the stock lately, 26 of 30 Wall Street analysts covering Intuit Inc. (NASDAQ:INTU) maintain bullish ratings, with a median price target of $446.50 as of June 8, 2026.
Intuit Inc. (NASDAQ:INTU) provides business and financial management solutions. Its operations are divided into the following segments: Small Business and Self-Employed, Consumer, Credit Karma, and ProTax.
