Intapp (NASDAQ:INTA) Price Target Cut to $20.00 by Analysts at Barclays

Intapp (NASDAQ:INTA) had its price target trimmed by Barclays from $35.00 to $20.00 in a report issued on Monday morning,Benzinga reports. They currently have an underweight rating on the stock.

A number of other brokerages have also commented on INTA. Truist Financial set a $35.00 price objective on shares of Intapp in a research report on Wednesday, February 4th. Oppenheimer reissued a “market perform” rating on shares of Intapp in a research report on Thursday, February 26th. Wall Street Zen upgraded Intapp from a “buy” rating to a “strong-buy” rating in a research note on Saturday. JPMorgan Chase & Co. cut their price target on Intapp from $70.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Finally, UBS Group set a $54.00 price objective on Intapp in a research report on Wednesday, February 4th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $37.57.

Intapp Trading Up 3.6%

Shares of Intapp stock opened at $21.11 on Monday. The company’s fifty day simple moving average is $24.35 and its 200-day simple moving average is $35.24. The company has a market cap of $1.70 billion, a price-to-earnings ratio of -70.37, a PEG ratio of 89.23 and a beta of 0.64. Intapp has a 1 year low of $19.24 and a 1 year high of $59.10.

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

Intapp announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, February 3rd that allows the company to buyback $200.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 7.3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Institutional Trading of Intapp

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strive Financial Group LLC bought a new position in Intapp during the fourth quarter worth about $28,000. First Horizon Corp bought a new stake in shares of Intapp in the 4th quarter valued at approximately $44,000. Federation des caisses Desjardins du Quebec raised its holdings in shares of Intapp by 913.5% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock worth $48,000 after buying an additional 950 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Intapp by 27.9% in the 3rd quarter. Blue Trust Inc. now owns 1,421 shares of the company’s stock worth $58,000 after buying an additional 310 shares in the last quarter. Finally, CWM LLC lifted its position in shares of Intapp by 77.8% during the 3rd quarter. CWM LLC now owns 1,604 shares of the company’s stock worth $66,000 after buying an additional 702 shares during the period. Institutional investors own 89.96% of the company’s stock.

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.