$INTU Intuit Tape Reports
Per Ticker.id: $INTU Intuit Tape Reports — 82 podcast mentions across 9 podcasts (30 days), latest 2026-08-26 20:30 UTC.
I'm starting to come around to this idea. And if it's, it's hard to penalize a company as big as Meta when they have these massive coffers, these massive market caps where $16 billion sounds like a massive settlement, but, you know, we're talking about less than 1% of their entire market cap here. It is a question we're actually going to get to in a listener question coming up. But before we do that, coming up after the break, we're going to dive into Intuit's earnings.
Tyler Crowe — Motley Fool Hidden Gems Investing · Meta Platforms Settles Major Lawsuit, Pays $18 Billion · 2026-08-26Shares of tax and accounting software company Intuit are down about 3.5% as we tape after the company reported earnings. Uh, I think before the market opened, shares were down almost 10%. I think it, it, some combination of earnings and slower, uh, growth forecasts being revised down. Uh, it wasn't exactly what the market was looking for. Lou, what did the numbers actually look like? Were they really that bad? I mean, I guess based on the market reaction, we've seen a lot a lot worse this quarter.
Tyler Crowe — Motley Fool Hidden Gems Investing · Meta Platforms Settles Major Lawsuit, Pays $18 Billion · 2026-08-26Intuit is one of those companies that has gotten a little bit wrapped up in the SaaS-pocalypse. You know, I know Intuit isn't necessarily a SaaS company, but basically anything that is software related these days is, you know, doomed by AI because everyone's just going to apparently build all their own software and apparently have AI do all your taxes or whatever. Is that actually the case here, or is this maybe just an easy excuse that management and investors can use when looking at Intuit these days?
Tyler Crowe — Motley Fool Hidden Gems Investing · Meta Platforms Settles Major Lawsuit, Pays $18 Billion · 2026-08-26I'm picking B here. This isn't about AI. AI is not doing anyone's taxes yet. Maybe eventually, although I'm not sure I'm ready to give all that information to Groq. I don't know about you guys. There aren't hundreds of thousands of businesses, small businesses, that are just switching over all of their accounting systems to Claude. Intuit has always been run, or in recent years, has been run like it's a monopoly, like it's a utility. And utilities have terrible customer service. Why? Because deal with it. You can't help it. They have not listened to the market. They were kind of caught offside here, I think. In their commentary, the top reason customers leave TurboTax was price. They weren't listening to their customers. Add in, they've made a few questionable deals that haven't worked out, a core business under pressure. This isn't AI. This is a case where management should look in the mirror and ask itself hard questions.
Lou Whitman — Motley Fool Hidden Gems Investing · Meta Platforms Settles Major Lawsuit, Pays $18 Billion · 2026-08-26Yeah, I tend to agree. I do think that this is a scenario where you have a series of bad business decisions catching up with the business. I mean, for many years, Intuit leveraged its power to really kind of consistently and relentlessly raise prices on TurboTax. You know, a lot of filers paying more and more each spring. We've even seen, you know, the CEO saying price is now the number one reason Customers are abandoning TurboTax for cheaper DIY alternatives. So that's, you know, not a failure of technology. That's a business error. I think they got greedy, overplayed their hand, and I think they damaged their consumer goodwill. And that's why they're being forced to slash a lot of their prices and accept a slowdown in the hopes of winning back lost market share. And, you know, I agree, you know, people aren't feeding all their tax information into Claude, but it is the case that a lot of generative AI tools have made it very simple for these small startups to build cheaper, free, useful conversational tax prep tools that can handle a lot of these elements in minutes. And so I think what we're seeing is a lot of investors, Wall Street, looking into its core business, that software moat that maybe we thought they had seems to be rapidly evaporating and somewhat becoming obsolete in a time where, you know, AI agents can be handling a lot of these small business accounting or helping build tools to do that for pennies on the dollar. So I think there are a lot of ways in which Intuit has made a series of bad decisions that have led it to this moment.
Rachel Warren — Motley Fool Hidden Gems Investing · Meta Platforms Settles Major Lawsuit, Pays $18 Billion · 2026-08-26One last thing as we come out here, because they own a couple properties, obviously, uh, Credit Karma and what's Intuit, uh, QuickBooks. They were, they seem to be like the, the big ones for them, but I actually want to focus on Credit Karma for a second because it does seem like that is one of those sort of things where people check their credit scores when they need to you know, finance something large, a car, a new project or a house or anything like that. Is there any possibility here where Intuit may also be suffering from this like housing spending slowdown that we're seeing here? And that, you know, bringing back to probably a topic that I talk about way too much here is like housing. Could like an uplift in the housing market start to like reinvigorate at least one segment of this big business here?
Tyler Crowe — Motley Fool Hidden Gems Investing · Meta Platforms Settles Major Lawsuit, Pays $18 Billion · 2026-08-26And people are nervous about AI, but I really believe if we figure out ways to help the team members, especially nursing, just be able to validate what their instincts are, and if indeed they disagree with it, there's a process that you can use to override that. But at least they don't feel like they're on their own all the time. They're doing their best, but just having that little guide on you to say, "Did you really spell that right?" Is that what you really want to see? Or maybe there's something else to look at here. I think it's a tremendous guide. At the end of the day, nothing is going to replace that clinical expertise, not for a physician, not for a nurse, not for anybody. All my friends who end up with diagnoses or with something wrong, they immediately go to the web. And you can't trust that completely. It could be a good learning, but then you have to make sure you're actually seeing a clinician to be able to validate. And using that expertise. And so I think we're going to be seeing more and more of that. Also, there's a lot of routine, just, you know, root stuff that we make people do every day that if we can automate that, it'll just make their lives so much easier. And so, you know, Epic, it really is intuitive and it thinks with you and for you. And so I'm really excited about the opportunity to see how it's going to really impact the lives of our, not only our patients, but also our staff.
Amy Mansue — Becker’s Healthcare Podcast · Amy Mansue on Resilience, Innovation and Community Care · 2026-08-26After the break, the new numbers causing JPMorgan to slash its target on Intuit by nearly half. And later, oil prices falling on prospects for a deal to keep crude flowing safely through the Strait of Hormuz. But we'll talk to one expert who says there is growing risk of another round of escalation. Escalation. Don't go away.
Leslie Picker — Squawk on the Street · 10AM Hour: Nvidia Ahead, Meta Settles, & PCE Comes In Hot 8/26/26 · 2026-08-26