The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Intuit Inc. (NASDAQ:INTU) is one of the 10 Best Fintech Stocks to Invest In According to Billionaires. On April 19, Jefferies said that an analysis of Intuit Inc.’s (NASDAQ:INTU) TurboTax user reviews suggests a strong shift toward higher-priced services. The firm noted that the share of users choosing the top full-service product rose to 53%, which is over double the 21% seen last year.

The research firm believes Intuit Inc.’s (NASDAQ:INTU) TurboTax revenue for fiscal 2026 is likely to exceed its current 8% growth forecast. Jefferies has a Buy rating on the stock with a price target of $650.

In other news, on April 9, Intuit Inc. (NASDAQ:INTU) reported that it has completed the Federal Reserve’s certification and readiness program for the FedNow Service. This means the company is now prepared to expand instant payments and help businesses receive payments faster, access funds immediately, and manage cash flow with more certainty.

By using the FedNow Service, Intuit Inc. (NASDAQ:INTU) will be able to work with financial institutions to send instant payment transactions for its customers. This approach will help the company to speed up the adoption of a more modern US payment infrastructure, offering businesses to manage their cash flow with higher speed and instant settlement.

Intuit Inc. (NASDAQ:INTU) is an American multinational financial technology and business software company that offers a wide range of products and services.

While we acknowledge the potential of INTU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 8 Best Large Cap Stocks to Invest In Right Now and 10 Unrivaled Stocks of the Next 5 Years.

Disclosure: None.  Follow Insider Monkey on Google News.