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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIntuit (INTU) stock is facing significant selling pressure ahead of its Q2 FY2026 earnings report scheduled for February 26. The stock closed at $399.40 on Friday, marking a decline of nearly 40% year-to-date. This pressure is part of a broad market 'AI disruption' trade that is negatively impacting traditional software business models, leading to trillion-dollar sector losses. However, cooler-than-expected Consumer Price Index (CPI) data recently provided some relief for growth stocks. Investors are now keenly awaiting management commentary in the upcoming earnings report regarding AI's impact and business updates. These developments reflect a market-wide reassessment of software company valuations amid evolving economic conditions.