Intuit stock hits 52-week low at $410.59 By Investing.com

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Intuit (INTU) stock has fallen to a new 52-week low of $410.59, marking a significant decline of over 40% in the past six months, despite the company’s strong gross profit margins of 80.73% and an undervalued assessment by InvestingPro. The software giant is attempting to counter these challenges with aggressive share buybacks and an expansion of its TurboTax services with new physical stores and AI integration. Analysts offer mixed outlooks, with some lowering price targets due to AI concerns, while others maintain optimistic “Outperform” ratings for Intuit’s long-term prospects.

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