Intuit stock slips again as AI-agent jitters rattle TurboTax maker ahead of tax season
Intuit shares fell about 1.4% by midday Friday, extending a weeklong slide and nearing a 52-week low. Analysts from Mizuho and Jefferies downplayed fears that new AI tools threaten the company’s core tax business. Intuit is emphasizing a hybrid AI-plus-human approach and will hold its annual meeting virtually on Jan. 22.