Intapp (NASDAQ:INTA) Updates FY 2026 Earnings Guidance

Key Points

• Intapp updated its FY 2026 earnings guidance, projecting earnings per share between 1.090-1.130 and revenue between $566.7 million-$570.7 million, both significantly exceeding consensus estimates.
• The company's stock experienced a 3.6% increase, reaching $36.92 during midday trading, with notable trading volume of 1,878,010 shares.
• Institutional investors are heavily involved, owning 89.96% of Intapp’s stock, with Goldman Sachs and AQR Capital Management increasing their holdings recently.

Intapp (NASDAQ:INTA - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.090-1.130 for the period, compared to the consensus EPS estimate of 0.899. The company issued revenue guidance of $566.7 million-$570.7 million, compared to the consensus revenue estimate of $501.2 million. Intapp also updated its Q1 2026 guidance to 0.180-0.200 EPS.

Analyst Ratings Changes

INTA has been the topic of several research reports. Citigroup cut their target price on Intapp from $66.00 to $53.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 16th. Barclays reiterated an "underweight" rating and set a $47.00 price target (up previously from $44.00) on shares of Intapp in a research note on Wednesday. Piper Sandler upgraded Intapp to a "neutral" rating and set a $55.00 price objective for the company in a research note on Tuesday, June 24th. Stifel Nicolaus dropped their target price on Intapp from $65.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, July 8th. Finally, UBS Group reissued a "buy" rating and set a $72.00 price target (down from $83.00) on shares of Intapp in a research report on Wednesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $60.63.

Intapp Stock Up 1.6%

Shares of INTA stock traded up $0.65 on Friday, hitting $42.12. The company had a trading volume of 1,429,910 shares, compared to its average volume of 1,276,451. Intapp has a twelve month low of $35.51 and a twelve month high of $77.74. The company has a 50-day moving average price of $46.16 and a 200-day moving average price of $54.89. The firm has a market cap of $3.41 billion, a P/E ratio of -175.50, a price-to-earnings-growth ratio of 13.03 and a beta of 0.73.

Intapp (NASDAQ:INTA - Get Free Report) last posted its quarterly earnings data on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.23 by $0.04. The firm had revenue of $135.04 million during the quarter, compared to the consensus estimate of $132.07 million. Intapp had a negative return on equity of 0.91% and a negative net margin of 3.61%. The firm's revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.15 EPS. Equities research analysts expect that Intapp will post -0.14 EPS for the current year.

Intapp declared that its board has authorized a share buyback program on Tuesday, August 12th that authorizes the company to buyback $150.00 million in shares. This buyback authorization authorizes the company to buy up to 5.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

Insider Transactions at Intapp

In other news, insider David Benjamin Harrison sold 14,275 shares of the business's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $55.01, for a total value of $785,267.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John T. Hall sold 8,000 shares of the stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $55.28, for a total transaction of $442,240.00. Following the sale, the chief executive officer owned 5,445,335 shares of the company's stock, valued at $301,018,118.80. This trade represents a 0.15% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 71,913 shares of company stock valued at $3,974,734. Corporate insiders own 13.02% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. raised its position in Intapp by 208.0% during the second quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company's stock worth $95,000 after acquiring an additional 1,248 shares during the last quarter. Canada Pension Plan Investment Board grew its holdings in Intapp by 428.6% during the 2nd quarter. Canada Pension Plan Investment Board now owns 3,700 shares of the company's stock worth $191,000 after acquiring an additional 3,000 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Intapp during the second quarter worth about $251,000. FORA Capital LLC lifted its position in Intapp by 51.3% in the 2nd quarter. FORA Capital LLC now owns 6,580 shares of the company's stock valued at $340,000 after purchasing an additional 2,232 shares during the last quarter. Finally, Balyasny Asset Management L.P. acquired a new stake in Intapp in the second quarter worth about $412,000. 89.96% of the stock is owned by hedge funds and other institutional investors.

About Intapp

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.