The company's reported earnings beat and robust AI-driven growth prospects are likely to positively influence its stock performance over multiple days.
Here is Why Intuit (INTU) is One of the Cheap AI Stocks to Buy According to Analysts Maham Fatima Sun, May 24, 2026 at 1:50 AM GMT+2 2 min read INTU Intuit Inc. (NASDAQ: INTU ) is one of the cheap AI stocks to buy according to analysts . On May 20, Intuit announced financial results for FQ3 2026, reporting total revenue of $8.
6 billion, a 10% increase year-over-year. Driven by strong segment performance, with Consumer revenue rising 8% to $5. 3 billion and Global Business Solutions growing 15% to $3.
3 billion, the company raised its full-year 2026 revenue guidance to between $21. 341 billion and $21. 374 billion.
The quarterly momentum was led by Intuit’s AI-driven expert platform strategy, which combines proprietary financial data with domain-specific AI platform capabilities and human expertise. This AI strategy fueled a 19% growth in Online Ecosystem revenue, driven by expansion in QuickBooks Online and connected money services. Here is Why Intuit (INTU) is One of the Cheap AI Stocks to Buy According to Analysts Image by MayoFi from Pixabay TurboTax Live revenue (which merges AI automation with live professional assistance) is expected to grow 36% for the full fiscal year, accounting for approximately 53% of total TurboTax revenue.
Additionally, the combination of trusted financial intelligence and automated workflows helped drive a 15% increase in Credit Karma revenue, alongside an 11% increase in average revenue per user for TurboTax Online as more consumers opted for AI-assisted tax filing experiences. Intuit Inc. (NASDAQ:INTU) is an AI-driven financial technology platform that integrates its proprietary GenOS and GenAI assistants across TurboTax, Credit Karma, QuickBooks, and Mailchimp to automate financial workflows for 100 million customers.
While we acknowledge the potential of INTU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy .
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