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.
4. Jack Henry & Associates, Inc. (NASDAQ:JKHY)
Number of Hedge Fund Holders: 38
Jack Henry & Associates, Inc. (NASDAQ:JKHY), with a forward P/E of 18.02x and upside potential of 50.70%, is among the top 10 lowest forward P/E stocks in the S&P 500.
The fintech platform provider announced two notable wins in quick succession, pointing to growing traction with larger financial institutions.
On May 28, 2026, Jack Henry announced that Woodforest National Bank, a multi-state community bank with more than $9 billion in assets and over 740 branches across 17 states, selected Jack Henry & Associates, Inc. (NASDAQ:JKHY) to support its growth, modernization, and long-term digital strategy. The deal marks the largest new core signing in Jack Henry’s history by number of accounts. Woodforest cited the company’s modern, open architecture, public cloud-native services, and integrated platform as key factors in its decision.
Management noted that over the past three fiscal years, 44 financial institutions with over $1 billion in assets switched their core platform to Jack Henry & Associates, Inc. (NASDAQ:JKHY), representing approximately $94 billion in total assets. That compares to 15 institutions representing roughly $26 billion in assets signed during fiscal years 2022 and 2023. Jack Henry has more than 35 existing clients with over $9 billion in assets, though Woodforest is the largest new signing at that scale.
Meanwhile, on June 2, 2026, Aeropay announced it is using Jack Henry & Associates, Inc. (NASDAQ:JKHY)’s embedded payments technology to expand its instant payment capabilities across its national pay-by-bank network. Through integration with Jack Henry Payments Orchestrator, Aeropay gains additional payment rail infrastructure and enhanced bank integration capabilities.
Founded in 1976, Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a financial technology provider for community banks and credit unions. Headquartered in Missouri, the company offers core processing, digital banking, and specialized payment solutions to more than 7,400 clients.
3. Tractor Supply Company (NASDAQ:TSCO)
Number of Hedge Fund Holders: 46
With a forward P/E of 13.85x and upside potential of 52.80%, Tractor Supply Company (NASDAQ:TSCO) ranks among the top 10 lowest P/E ratio stocks of the S&P 500.
Tractor Supply Company (NASDAQ:TSCO) is making a significant push into pet healthcare, bringing its largest veterinary services partner into its fold.
On May 28, 2026, Tractor Supply Company (NASDAQ:TSCO) announced it acquired VIP Petcare, the largest provider of mobile veterinary care in the United States, from PetIQ. VIP Petcare operates community clinics in approximately 2,700 retail locations across 39 states, including 1,700 Tractor Supply stores, and serves more than one million pets annually. No financial terms were disclosed.
The acquisition brings together VIP Petcare’s clinic network and 24/7 vet access with Allivet’s pharmacy capabilities, all anchored by Tractor Supply Company (NASDAQ:TSCO)’s nationwide footprint and Neighbor’s Club loyalty program. CEO Hal Lawton said the deal builds on existing assets across veterinary services, pet specialty, digital pharmacy, and retail in a capital-efficient manner.
Tractor Supply Company (NASDAQ:TSCO) said the deal creates a differentiated, end-to-end pet care offering and expands access in rural and exurban markets, while also opening veterinarian telehealth capabilities and increasing customer lifetime value.
Following the announcement, Guggenheim on June 5, 2026, lowered its price target on Tractor Supply Company (NASDAQ:TSCO) to $50 from $60 while keeping a “Buy” rating. The firm said it slightly refined its estimates after the VIP Petcare deal and characterized the acquisition favorably.
2. Trimble Inc. (NASDAQ:TRMB)
Number of Hedge Fund Holders: 43
With a forward P/E of 15.11x and upside potential of 56.90%, Trimble Inc. (NASDAQ:TRMB) ranks among the top 10 lowest P/E ratio stocks of the S&P 500.
A beat-and-raise quarter gave Trimble Inc. (NASDAQ:TRMB) a strong start to 2026, though the stock’s muted reaction and a pair of analyst target cuts since have tempered the recent enthusiasm.
Trimble Inc. (NASDAQ:TRMB) reported first-quarter revenue of $939.9 million, ahead of the $905.6 million analyst estimate. Adjusted EPS came in at $0.79, beating the $0.72 consensus. The company raised its full-year 2026 revenue outlook to $3.84 billion to $3.92 billion from a prior range of $3.81 billion to $3.91 billion, and lifted its adjusted EPS guidance to $3.47 to $3.64 from $3.42 to $3.62. For the second quarter, Trimble guided revenue of $938 million to $963 million and adjusted EPS of $0.78 to $0.82.
Despite the beat, Trimble Inc. (NASDAQ:TRMB) closed 7.2% lower on the day. On May 7, 2026, Oppenheimer lowered its price target to $80 from $86 while keeping an “Outperform” rating. The firm said underlying fundamentals across the business are unchanged but flagged a lack of visibility in Field Systems in the second half of 2026 as a reason to hold space for caution.
On May 29, 2026, Barclays cut its price target on Trimble Inc. (NASDAQ:TRMB) to $79 from $103, also keeping an “Overweight” rating, as part of a broader adjustment to estimates and targets across its Industrial Tech coverage.
The stock is down over 30% year-to-date. Yet the stock retains the support of 100% of covering analysts as of June 8, 2026.
Founded in 1978 and headquartered in Westminster, Colorado, Trimble Inc. (NASDAQ:TRMB) accelerates warehouse construction using advanced spatial positioning and Building Information Modeling (BIM). Its automation software and 3D laser scanning tools improve structural design accuracy, optimize site layouts, and streamline the construction of large-scale logistics and fulfillment centers.
1. Boston Scientific Corporation (NYSE:BSX)
Number of Hedge Fund Holders: 106
With a forward P/E of 14.45x and upside potential of 59.60%, Boston Scientific Corporation (NYSE:BSX) ranks among the top 10 lowest P/E ratio stocks of the S&P 500.
Boston Scientific Corporation (NYSE:BSX) has seen a sharp de-rating in 2026, with shares down nearly 50% year-to-date as of June 8, 2026, even as the vast majority of covering analysts maintain bullish ratings on the stock.
The pressure point is Boston Scientific Corporation (NYSE:BSX)’s Watchman left atrial appendage closure franchise, where management recently signaled reduced growth expectations over the next couple of quarters.
On June 3, 2026, BTIG analyst Marie Thibault cut the firm’s price target on Boston Scientific Corporation (NYSE:BSX) to $65 from $80, keeping a “Buy” rating, after updating the firm’s forecast to reflect those comments, made at a sell-side conference. BTIG said visibility is limited for now and framed its stance as cautious, modeling flattish Watchman sales in the second and third quarters, a slight sequential uptick in the fourth quarter, and a mild, gradual recovery through 2027.
On June 1, 2026, Canaccord also trimmed its price target, to $70 from $71, while keeping a “Buy” rating. The firm updated its model to account for Watchman slowdowns in both 2026 and 2027, which it said carry negative implications for its revenue and EPS estimates.
Despite the target cuts, both firms held their bullish ratings, reflecting the broader Wall Street view on Boston Scientific Corporation (NYSE:BSX).
Boston Scientific Corporation (NYSE:BSX) manufactures, develops, and markets medical devices used in interventional medical procedures. Its operations are divided into Cardiovascular and MedSurg segments. The Cardiovascular segment covers Cardiology and Peripheral Interventions, while the MedSurg segment comprises Urology, Endoscopy, and Neuromodulation.
While we acknowledge the potential of BSX to grow, 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 BSX and that has 100x upside potential, check out our report about the cheapest AI stock.
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