Intuit: PEG At ~0.5x Is A Clear Buying Signal

Summary Intuit Inc. has fallen ~60% YTD, underperforming peers despite broader software recovery. Market panic and sector rotation, not fundamentals, are driving INTU's decline to SaaSpocalypse lows. I reiterate my Buy rating, arguing INTU's risks are already priced into its ultralow valuation. TurboTax underperformance is slowing growth, but FY27 outlook and core business strengths remain intact. Sundry Photography/iStock Editorial via Getty Images Volatility is now freshly back into the stock market, and as usual, some of the panic selling over the past few weeks has been frantic and illogical. The rising popularity of Meta's ( This article was written by Gary Alexander 34.47K Followers Follow With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He has been quoted in many web publications and his articles are syndicated to company pages in popular trading apps like Robinhood. Analyst’s Disclosure: I/we have a beneficial long position in the shares of INTU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.