Intuit Inc. (NASDAQ: INTU) is considered one of the most profitable tech stocks to buy. BMO Capital analyst Daniel Jester lowered the price target to $810 but maintained an Outperform rating. The company started FY2026 strong, with $3.9 billion in revenue in FQ1 2026 and a 18% YoY growth.

Intuit’s Online Ecosystem revenue increased by 21% in FQ1, driven by the Credit Karma segment and QBO ecosystem. The company’s focus on AI is evident, with 2.8 million customers using AI agents for efficiency. Intuit’s new AI native ERP platform, Intuit Enterprise Suite, is disrupting the mid-market.

Intuit provides financial management, payments & capital, compliance, and marketing products and services. The company operates in four segments: Global Business Solutions, Consumer, Credit Karma, and ProTax. While INTU shows investment potential, other AI stocks may offer greater upside with lower downside risk.

For those seeking undervalued AI stocks, a free report on the best short-term AI stock is available. Visit Insider Monkey for more information.

Read more at Yahoo Finance: BMO Believes Intuit (INTU) Had Strong Start to FY2026 Driven by Credit Karma, QBO Ecosystem Strength