Intapp (NASDAQ:INTA) Cut to Hold at Wall Street Zen

Intapp (NASDAQ:INTA) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

A number of other research firms have also recently commented on INTA. Citigroup lifted their price target on shares of Intapp from $26.00 to $29.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. lowered their price target on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Zacks Research cut shares of Intapp from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th. Finally, Barclays lifted their price target on shares of Intapp from $20.00 to $25.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Intapp currently has an average rating of “Hold” and a consensus price target of $34.57.

Intapp Stock Up 3.0%

Shares of NASDAQ INTA opened at $23.90 on Friday. Intapp has a twelve month low of $19.01 and a twelve month high of $55.38. The stock’s 50 day moving average price is $22.65 and its 200-day moving average price is $30.28. The company has a market capitalization of $1.84 billion, a PE ratio of -51.96 and a beta of 0.49.

Intapp (NASDAQ:INTA) last announced its earnings results on Tuesday, May 5th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. The firm had revenue of $146.04 million for the quarter, compared to the consensus estimate of $144.32 million. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.The company’s revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 EPS. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. As a group, research analysts expect that Intapp will post -0.05 EPS for the current fiscal year.

Institutional Investors Weigh In On Intapp

A number of hedge funds and other institutional investors have recently bought and sold shares of INTA. Strive Financial Group LLC bought a new stake in Intapp during the 4th quarter valued at $28,000. First Horizon Corp bought a new stake in Intapp during the 4th quarter valued at $44,000. Optiver Holding B.V. raised its holdings in Intapp by 2,232.1% during the 1st quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock valued at $47,000 after acquiring an additional 1,741 shares during the period. Federation des caisses Desjardins du Quebec raised its holdings in Intapp by 913.5% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock valued at $48,000 after acquiring an additional 950 shares during the period. Finally, Advisory Services Network LLC bought a new stake in Intapp during the 3rd quarter valued at $66,000. 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.