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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Russell reclassified Intuit from growth to value indices, prompting analyst concerns regarding the company's new pricing strategy and growth targets. Despite mixed analyst ratings ranging from Buy to Hold, Intuit reported 10% growth in revenue and EPS for Q3 FY2026. As part of a strategic pivot toward AI, the company reduced its workforce by 17% and authorized a new $8 billion share buyback program.