Intapp, Inc. (NASDAQ:INTA) Receives Average Recommendation of “Hold” from Brokerages

Shares of Intapp, Inc. (NASDAQ:INTA) have been given a consensus recommendation of “Hold” by the nine analysts that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $39.7143.

Several equities research analysts recently weighed in on the company. Truist Financial set a $35.00 price target on Intapp in a research note on Wednesday, February 4th. Stifel Nicolaus reduced their price target on Intapp from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Oppenheimer reissued a “market perform” rating on shares of Intapp in a research note on Thursday, February 26th. Wall Street Zen cut Intapp from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 3rd. Finally, JPMorgan Chase & Co. cut their target price on Intapp from $70.00 to $58.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th.

Institutional Investors Weigh In On Intapp

Institutional investors have recently modified their holdings of the stock. Strive Financial Group LLC purchased a new stake in shares of Intapp in the fourth quarter worth $28,000. First Horizon Corp purchased a new stake in shares of Intapp in the fourth quarter worth $44,000. Federation des caisses Desjardins du Quebec grew its stake in shares of Intapp by 913.5% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock worth $48,000 after acquiring an additional 950 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Intapp by 27.9% in the third quarter. Blue Trust Inc. now owns 1,421 shares of the company’s stock worth $58,000 after acquiring an additional 310 shares during the last quarter. Finally, CWM LLC grew its stake in shares of Intapp by 77.8% in the third quarter. CWM LLC now owns 1,604 shares of the company’s stock worth $66,000 after acquiring an additional 702 shares during the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

Intapp Stock Down 9.3%

Shares of INTA stock opened at $22.45 on Thursday. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of -74.83, a PEG ratio of 108.55 and a beta of 0.64. The business’s fifty day moving average is $25.13 and its 200 day moving average is $35.77. Intapp has a twelve month low of $19.24 and a twelve month high of $59.10.

Intapp (NASDAQ:INTA) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.07. The company had revenue of $140.21 million for the quarter, compared to analysts’ expectations of $138.20 million. Intapp had a negative return on equity of 0.62% and a negative net margin of 4.37%.The firm’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.21 earnings per share. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. Equities research analysts expect that Intapp will post -0.14 earnings per share for the current fiscal year.

Intapp announced that its board has approved a share repurchase program on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 7.3% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Intapp Company Profile

Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company’s integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.

Intapp’s suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.