Intuit Inc. (INTU) Expands AI Strategy With Enterprise Suite Push

Intuit Inc. (NASDAQ:INTU) is one of the AI stocks that will go to the moon. On February 10, BMO Capital lowered its price target for Intuit Inc. (NASDAQ:INTU) to $624 from $810 while maintaining an Outperform rating. The price target cut follows an annual survey of US tax filers that showed favorable trends for the company’s TurboTax product line.

According to the research firm, strong TurboTax Full Service metrics and an expanded local strategy should help the company navigate difficult comparisons in 2026. Nevertheless, the research firm has warned that the online segment, excluding the ‘Live’ features, appears shakier, which is a significant risk as advertising focus shifts to Expert services.

Similarly, BMO has quashed concerns about AI’s negative impact on the company. According to the research firm, the company boasts a diversified product mix, well-positioned to drive strong results in the years to come.

On February 18, Intuit has selected Fourlane as the official reseller of Intuit Enterprise Suite, the company’s artificial intelligence-native ERP solution built to help complex mid-market organizations scale.

“As an official Intuit Enterprise Suite reseller, we’re helping clients unlock automation, AI-driven insights, and real-time financial visibility,” said Marjorie Adams, CEO of Fourlane. “We’re extending our decade-long QuickBooks leadership into a next-generation ERP platform designed for multi-entity and project-based organizations ready to scale.”

Intuit Inc. (NASDAQ:INTU) is a global financial technology platform that provides software and services. It operates an AI-driven expert platform that integrates generative AI (GenAI) across its products—TurboTax, QuickBooks, and Credit Karma. It also uses AI to automate financial tasks, provide personalized insights, and act as a “done-for-you” tool.

While we acknowledge the potential of 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.

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