Intuit's Stock Price Plunge Represents a Golden Buying Opportunity

Intuit's 51% year-to-date stock drop has pushed its P/E ratio to 18.5, the lowest in over a decade. The company still posted 10% revenue growth and a 35.8% net profit margin in its fiscal 2026 third quarter. AI disruption fears and a 17% workforce cut drove the decline, not deteriorating fundamentals.