u/Top_Category_2526

Intuit is at a 5-year low despite beating earnings and raising guidance for 2026; the company continues to grow at ~10% annually. The market’s negative reaction creates a mispricing opportunity for a high-quality business with a sticky product (Turbotax) and a regulatory moat that protects against near-term AI disruption. The combination of a beaten-down valuation, consistent earnings growth, and a durable competitive advantage suggests a favorable risk/reward for a medium-term value play. AI-driven tax-filing alternatives could eventually erode the moat; multiple compression could persist if growth slows; competition from free filing options.