What is the value of Intuit's buyback program?

Intuit announced an $8 billion share buyback program.

Is Intuit still undervalued after the drop?

Earnings multiples suggest the stock may be undervalued, but the article does not give a buy recommendation.

Is Intuit (INTU) Still Undervalued After a 64% Drop?

Intuit (INTU) shares have fallen 64.2% over the past year, but current earnings multiples and an $8B buyback program indicate the market may be pricing in excessive pessimism.

July 9, 2026

2 min read

Source: Simply Wall St.

Key Numbers

stock decline

64.2%

buyback

$8B

Intuit (INTU) shares have dropped 64.2% over the past twelve months, a stark contrast to earlier expectations that treated the company as a high-quality compounder. However, current valuation based on earnings multiples and recent commentary suggest the market may be overly pessimistic relative to fundamentals.

Recommendation Change

No specific analyst rating change is mentioned, but the article discusses the possibility that the current market price is below fair value.

Analyst Rationale

The article points to valuation multiples that may be overly pessimistic, especially given the company's cost-cutting measures, a new $8 billion share buyback program, and ongoing dividend payments.

Context

Despite the sharp decline, Intuit retains a strong customer base in financial software. The large buyback could support the stock in the near term.

Conclusion

The market may be overestimating risks for Intuit, but investors should consider that the drop could reflect real macroeconomic or sector challenges.

Frequently Asked Questions

Intuit stock has fallen 64.2% over the past twelve months.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.