Historical PerformanceINTU shares are trading at levels below where they were ~3.5 years ago and, over that same period, have underperformed the S&P 500 by ~3,700 bps.
Market ConcernsIntuit stock remains undervalued by investors and rising concerns on the durability of the Consumer Tax business are fully priced in.
Strategy ExecutionStrategy and product realignment for Mailchimp will take some time to yield results, with recovery expected by F4Q26.