Does Intuit (INTU) Have Long-Term Growth Potential?

RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, released its “RiverPark Large Growth Fund” Q3 2025 investor letter. A copy of the letter can be downloaded here. U.S. equity markets recorded strong gains in the third quarter, with the S&P 500 Total Return Index rising 8.12% and the Russell 1000 Growth Index returning 10.51%. The fund also surged in the quarter and returned 4.73%. Market leadership was narrow in the quarter, with a few mega-cap tech and consumer companies thriving on strong AI innovation. Information Technology, Consumer Discretionary, and Communication Services led sector performance, while Energy and Utilities lagged. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, RiverPark Large Growth Fund highlighted stocks such as Intuit Inc. (NASDAQ:INTU). Intuit Inc. (NASDAQ:INTU) offers financial management and compliance products and services. The one-month return of Intuit Inc. (NASDAQ:INTU) was -4.30%, and its shares gained 0.28% of their value over the last 52 weeks. On November 17, 2025, Intuit Inc. (NASDAQ:INTU) stock closed at $645.98 per share, with a market capitalization of $180.194 billion.

RiverPark Large Growth Fund stated the following regarding Intuit Inc. (NASDAQ:INTU) in its third quarter 2025 investor letter:

"Intuit Inc. (NASDAQ:INTU): INTU shares underperformed during the quarter as investors continued to rotate out of software names and management’s guidance came in modestly below elevated expectations. The company’s core businesses, TurboTax and QuickBooks, continued to grow but at a slower pace, and incremental investment in AI and product integration temporarily weighed on margins.

We believe Intuit remains a high-quality software compounder with durable recurring revenue, a large installed base, and strong pricing power. Its continued evolution toward connected financial platforms for consumers and small businesses provides long-term growth potential."

Intuit Inc. (NASDAQ:INTU) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 105 hedge fund portfolios held Intuit Inc. (NASDAQ:INTU) at the end of the second quarter, which was 87 in the previous quarter. In the fiscal fourth quarter of 2025, Intuit Inc. (NASDAQ:INTU) reported revenue of $3.8 billion, representing an increase of 20% year-over-year. While we acknowledge the potential of Intuit Inc. (NASDAQ: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.

In another article, we covered Intuit Inc. (NASDAQ:INTU) and shared the list of stocks Jim Cramer discussed. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.