🟢 INTU is trading 6% up today as AI-driven growth optimism outweighs Morningstar moat downgrade

INTU is trading at $468.21 (+6.38%) as AI-driven growth optimism and strong earnings performance outweigh a recent moat downgrade from Morningstar.

• The company reported strong Q2 2026 results last week, beating expectations with $4.15 EPS and $4.65 billion in revenue, sparking a multi-day rally.
• The stock is bucking broader market trends, gaining significantly while the S&P 500 fell 0.85%.
• Morningstar recently lowered Intuit’s moat rating to narrow, citing potential long-term competitive threats from large language models and AI.