The Options Oracle

The Options Oracle

Intuit ($INTU) Deep Dive 🤖

📉 Why Did Intuit Just Deliver a Beat-and-Raise Quarter… Yet the Market Still Punished the Stock?

Edward Corona's avatar
Edward Corona
May 23, 2026
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👀 Is Wall Street Missing the Bigger Shift Happening Inside Intuit?

This is one of those earnings reactions that really makes you stop and think for a minute.

Because on the surface, Intuit actually put up a pretty solid quarter.

The company beat earnings expectations, guided the next quarter higher than analysts expected, continued showing strong growth inside QuickBooks, accelerated TurboTax Live adoption, raised its dividend, expanded its buyback program, and kept pushing deeper into AI-powered financial services.

Yet despite all of that…

The stock still got hit.

And honestly, I think this comes down to one thing:

The market is trying to figure out whether AI becomes Intuit’s biggest long-term opportunity… or eventually starts pressuring parts of its traditional business model.

That’s the real debate here.

Because in this breakdown, I’m going to walk through what actually mattered in this report, why the tax season weakness spooked investors, what the chart is telling me technically, and whether this selloff may actually be creating opportunity for longer-term investors.

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