Bull: gap closes toward $491
Bear: gap persists at ~15x
Sentiment compressed Intuit's forward multiple while operations held; the Aug 25 Q4/FY27 gate reroutes bull vs bear
AI-native agents
disruption fear
TurboTax ~half of Q3
External-LLM cost
unquantified drag
Ops hold intact
beat · raised guide
~80% gross margin
fundamentals = floor
Sentiment-driven
selling
multiple → 2022 lows
~15x fwd · 2022 lows
52w high $705
52w low $253
target $491
price $362
await the print
Aug 25 · Q4 print
first FY27 guide · low-teens
gap closes
to street target
gap persists
holds ~15x fwd