Intapp (NASDAQ:INTA) Upgraded by Wall Street Zen to Buy Rating

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

INTA has been the topic of several other reports. JPMorgan Chase & Co. reduced their price target on Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Oppenheimer reiterated a “market perform” rating on shares of Intapp in a report on Thursday, February 26th. Barclays increased their target price on Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Zacks Research cut Intapp from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 5th. Finally, Stifel Nicolaus decreased their target price on Intapp from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Intapp has a consensus rating of “Hold” and a consensus target price of $34.57.

Intapp Price Performance

Shares of NASDAQ INTA opened at $22.04 on Friday. Intapp has a fifty-two week low of $19.01 and a fifty-two week high of $54.50. The firm has a market capitalization of $1.70 billion, a P/E ratio of -47.91 and a beta of 0.49. The company’s 50 day simple moving average is $22.46 and its 200 day simple moving average is $29.59.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, May 5th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. The firm had revenue of $146.04 million during the quarter, compared to analyst estimates of $144.32 million. Intapp had a negative net margin of 6.48% and a negative return on equity of 2.28%. The business’s quarterly 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. Sell-side analysts expect that Intapp will post -0.05 EPS for the current fiscal year.

Hedge Funds Weigh In On Intapp

Several institutional investors and hedge funds have recently modified their holdings of the business. AMS Capital Ltda raised its holdings in Intapp by 83.6% during the 1st quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock worth $8,328,000 after buying an additional 147,567 shares during the period. Optiver Holding B.V. boosted its holdings in shares of Intapp by 2,232.1% in the first quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock valued at $47,000 after buying an additional 1,741 shares during the period. Bank of America Corp DE boosted its holdings in shares of Intapp by 2.3% in the first quarter. Bank of America Corp DE now owns 595,750 shares of the company’s stock valued at $15,305,000 after buying an additional 13,179 shares during the period. Amundi increased its position in shares of Intapp by 14.5% during the first quarter. Amundi now owns 26,047 shares of the company’s stock worth $669,000 after acquiring an additional 3,305 shares in the last quarter. Finally, California State Teachers Retirement System increased its position in shares of Intapp by 41.7% during the first quarter. California State Teachers Retirement System now owns 76,354 shares of the company’s stock worth $1,962,000 after acquiring an additional 22,478 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

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.