Intuit risks becoming the example of AI commoditizing software, as AI and agents increasingly answer tax and bookkeeping questions instantly, cheaply or for free, removing the need for a costly middle layer. Its large paying base means AI probably won't crush it immediately, but pricing power and users could get squeezed. Its lofty multiples are likely over; it won't go to zero and could still be decent, but it is down 54% this year in a nasty stage-4 downtrend below its 200-day average. x.com  … Show more

Intuit's fundamentals will disappoint buyers, with its tax business set to grow only 2-3% and GBS 13-14%. Had Intuit not gotten analysts to lower their projections beforehand, the stock would have fallen about 20% after the close. x.com 

Intuit's growing business platform makes pricing the whole firm like slowing TurboTax too pessimistic. It is 54% of revenue, grew 18% in FY26 and is guided to 13-14% in FY27; 15% growth in revenue per customer shows switching costs, though new-customer targets are missed. At ~14x FY27 earnings including stock comp (16x GAAP), shares imply low-single-digit long-term cash flow growth. If the platform grows ~10% and consumer stays flat, EPS should grow ~8-10% a year, beating the index even at 12x. … Show more

Intuit will survive AI, but its products are among the most vulnerable to it, and AI should take a massive chunk of its business. It relied heavily on customers staying for convenience, and it has already admitted customer spending is tightening. Revenue growth has slowed to 10%, and the 17% staff layoff looks like an effort to offset lost future business. It may not be a terrible buy here, but it won't return near historic valuations, and better SaaS options exist. x.com 

Intuit's core TurboTax pricing is collapsing as AI turns tax filing into a commodity. Goldman estimates AI can process a standard return for about $0.12, against TurboTax's blended revenue of roughly $162 per return. Intuit sold confidence, and plain explanations are now free and instant; it said last quarter that it lost on price, then cut 17% of staff. Filing, compliance, audit support and trust still matter, and it has partnered with Anthropic, but the question is what it is worth afterward. … Show more

Intuit looks unusually cheap at 15x forward earnings for a high-quality software compounder. It offers about 15% expected EPS growth, 0.46x net debt to EBITDA and 22% net margins, a combination that rarely trades this low. The open question is whether the market is right to fear AI disruption. x.com 

Credo's upside looks capped as growth falls short of earlier expectations and large stock-based compensation, hidden behind GAAP financials, looks excessive. BofA cut its target to $275 from $340 and Evercore to $292 from $325 on deceleration worries, the 1.6T DSP is delayed, and operating cash flow fell to $90M. The stock is 43% off its high; at $164 it trades at 30-33x FY27 earnings and 13x forward sales, more reasonable but still not worth owning. x.com  x.com  x.com  x.com 

Intuit looks attractively valued, trading at 17x earnings while growing 11%. x.com  x.com 

Intuit is well placed for a software rally, with EPS likely to accelerate and its P/E multiple to recover. Starting a business has never been easier, and those businesses need accounting software. They won't vibe code their own, since it is a small cost that must be tax compliant and linked to governments for automatic filing, and vibe-coded rivals risk security breaches. Businesses are also subscribing to AI features inside accounting software, such as automatic cost classification. x.com 

Intuit could be an interesting value play with its price-to-free-cash-flow approaching 10, even as AI intensifies competition. x.com