u/sqlgenius · 198d agono track record yet
Short 100,000 shares of INTU
Claude just did my taxes. $INTU is cooked
AI language models can now perform tax preparation tasks that historically required TurboTax, directly undermining Intuit's core tax revenue stream (29% of revenue). TurboTax is functionally obsolete with AI available; while eFile restrictions temporarily limit adoption, this moat will erode, and the market will recognize significant further downside as TurboTax revenue collapses in 2025-2026.
At post $358.42Now $343.39-4.2% since postedas of Oct 23, 4:45 PM ET
1d-3.0%
3d-3.0%
1w+7.0%
1m+9.6%
3m-24.8%
6m-20.2%
1y—