For Immediate Release
Chicago, IL – September 3, 2026 – Today, Zacks Investment Ideas feature highlights Intuit INTU.
Forget AI Stocks: Buy This Tech Stock Now for Value & 130% Upside
Investors looking to buy proven large-cap technology stocks trading at potentially deep-value levels and 55% below their all-time highs, might consider buying Intuit.
Chasing AI and chip stocks that have already soared over 100% in 2026 to start September might not be the most prudent investment strategy given the current wave of uncertainty and volatility hitting the market.
The upcoming midterm elections and the ongoing tensions between the U.S. and Iran create a series of unknowns. Plus, surging bond yields make risky Wall Street bets less attractive, and the Fed is possibly preparing a rate hike in the middle of the month.
Given this backdrop, let’s dive into why investors might want to consider taking a chance on beaten-down technology stock Intuit to kick off September.
It might be worth nibbling on Intuit simply because it offers investors ~130% upside if it were to ever return to its all-time highs from the summer of 2025.
INTU: Buy this Tech Stock for Deep Value, Growth, AI Efforts, and 130% Upside
Intuit stock has dropped 55% from its late-July 2025 peaks as Wall Street worries that the rapid adoption and advancements of artificial intelligence tools will eat away at its core tax and business software offerings. INTU offered slightly disappointing FY27 sales guidance when it reported its Q4 results on August 25.
The bear case is simple: AI means that fewer people use TurboTax and the company’s various other business and financial software.
But current Zacks estimates and Intuit’s other fundamentals signal that investors should consider being greedy when others are fearful and start at least nibbling at Intuit stock, considering that it offers roughly ~130% upside if it ever returns to its all-time highs.
INTU in May announced plans to cut 17% of its global workforce, in a move the company says is about streamlining operations and improving execution.
It must also be stressed that the company behind TurboTax, QuickBooks, consumer finance platform Credit Karma, and more is rolling out its own AI solutions throughout its business and evolving in other ways to adapt to the AI age.
Intuit’s broader “Big Bets” efforts are focused on TurboTax Live, which is where experts help file or fully prepare returns. The push also includes AI agents+human experts that ‘do the work’ for consumers, small businesses, and accountants.
