OpenAI’s ChatGPT is set to revolutionize the financial industry, posing a new threat to financial services providers. Intuit has partnered with OpenAI in a deal worth over $100 million to integrate financial solutions within the ChatGPT interface. Despite Intuit’s stock falling 20% this year, it still trades at a high valuation. The company’s recent Q4 earnings report revealed internal challenges with Mailchimp and TurboTax. Analysts remain bullish on Intuit stock, with a mean target price of $835.46 offering 24% upside. The integration with ChatGPT is expected to drive future growth opportunities for Intuit.

Read more at Barchart: Is Intuit Stock a Buy, Sell, or Hold on New OpenAI Partnership?