Intuit Inc. (INTU) Launches a Specialized "Construction Edition" for Enterprise Suite

​Intuit Inc. (NASDAQ:INTU) is one of the Profitable SaaS Companies for 2026. On February 11, Intuit Inc. (NASDAQ:INTU) launched a specialized “Construction Edition” for its Intuit Enterprise Suite. The new solution is an AI-powered ERP software designed for mid-sized construction companies.

​Management highlighted that the new edition brings together project management, finances, and operations into one platform. This will allow construction companies, which are a $2 trillion industry, to tackle siloed data, manual processes, rising material costs, and poor visibility into project profitability.

​That said, earlier on February 2, BMO Capital lowered the price target on Intuit Inc. (NASDAQ:INTU) from $810 to $624 while maintaining an Outperform rating on the stock. The rating is based on the firm’s annual survey of US tax filers, which revealed mostly positive trends for the company’s TurboTax product line. The TurboTax Full Service has expanded its local strategy and provides promising upsell/cross-sell opportunities, noted the firm. BMO remains positive on the stock, despite the AI concerns and year-to-date share weakness.

​Intuit Inc. (NASDAQ:INTU) provides financial management, payments & capital, compliance, and marketing products and services in the US. The company operates in four segments: Global Business Solutions, Consumer, Credit Karma, and ProTax.

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