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Intuit Stock Rebounds After AI Selloff as TurboTax Owner Nears Earnings Test
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Intuit Stock Rebounds After AI Selloff as TurboTax Owner Nears Earnings Test
Intuit shares rose 3.3% to $395.95 on Friday, recovering part of Thursday’s AI-driven losses. The company’s fiscal third-quarter results, covering the peak U.S. tax season, are due after April 30. Investors are watching TurboTax and QuickBooks growth as AI competition pressures software valuations. Intuit forecasts about 10% revenue growth and non-GAAP EPS of $12.45 to $12.51 for the quarter. The post Intuit Stock Rebounds After AI Selloff as Tu…
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