JPMorgan Chase & Co. Lowers Intapp (NASDAQ:INTA) Price Target to $47.00

Key Points

• JPMorgan Chase cut its price target on Intapp from $58 to $47 but maintained an "overweight" rating, with the new target implying roughly a 103.7% upside from the current share price.
• Intapp beat Q3 estimates (EPS $0.29 vs. $0.28; revenue $146.0M vs. $144.3M), raised Q4 and FY2026 guidance, and said the Celeste acquisition now contributes about 15% of net new bookings, signaling potential revenue and margin acceleration.
• Despite revenue growth and a board-approved $200 million stock repurchase (about 7.3% of shares), Intapp still shows a negative net margin and return on equity, and analysts' consensus is a "Hold" with an average target of $35.57.

Intapp (NASDAQ:INTA - Get Free Report) had its price objective decreased by research analysts at JPMorgan Chase & Co. from $58.00 to $47.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 103.73% from the company's current price.

A number of other research analysts also recently issued reports on the company. Citigroup dropped their price target on Intapp from $49.00 to $36.00 and set a "neutral" rating on the stock in a research note on Thursday, February 5th. Oppenheimer restated a "market perform" rating on shares of Intapp in a research note on Thursday, February 26th. Barclays raised their price target on Intapp from $20.00 to $25.00 and gave the stock an "underweight" rating in a research note on Wednesday. Piper Sandler lowered their target price on Intapp from $33.00 to $25.00 and set a "neutral" rating on the stock in a research note on Thursday, February 26th. Finally, Wall Street Zen downgraded Intapp from a "strong-buy" rating to a "buy" rating in a research note on Sunday, April 19th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Intapp presently has a consensus rating of "Hold" and an average price target of $35.57.

Intapp Price Performance

Shares of INTA traded down $1.01 during mid-day trading on Wednesday, reaching $23.07. The company's stock had a trading volume of 1,123,384 shares, compared to its average volume of 1,152,245. Intapp has a 12-month low of $19.24 and a 12-month high of $58.84. The stock has a market cap of $1.85 billion, a PE ratio of -76.90, a price-to-earnings-growth ratio of 84.54 and a beta of 0.49. The company's 50 day moving average is $23.96 and its 200 day moving average is $33.60.

Intapp (NASDAQ:INTA - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.29 earnings per share (EPS) 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 0.62% and a negative net margin of 4.37%.The firm's quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter last year, the business posted $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, sell-side analysts anticipate that Intapp will post 0.01 EPS for the current fiscal year.

Intapp announced that its board has approved a stock repurchase plan on Tuesday, February 3rd that allows the company to repurchase $200.00 million in shares. This repurchase authorization allows the company to repurchase up to 7.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Institutional Trading of Intapp

Several hedge funds have recently modified their holdings of the business. Natixis Advisors LLC lifted its holdings in shares of Intapp by 2.2% in the 3rd quarter. Natixis Advisors LLC now owns 11,603 shares of the company's stock valued at $475,000 after buying an additional 250 shares during the period. Diversified Trust Co. lifted its holdings in shares of Intapp by 3.2% in the 4th quarter. Diversified Trust Co. now owns 8,653 shares of the company's stock valued at $396,000 after buying an additional 269 shares during the period. Sowell Financial Services LLC lifted its holdings in shares of Intapp by 4.9% in the 4th quarter. Sowell Financial Services LLC now owns 6,797 shares of the company's stock valued at $311,000 after buying an additional 320 shares during the period. Caxton Associates LLP lifted its holdings in shares of Intapp by 6.9% in the 2nd quarter. Caxton Associates LLP now owns 5,982 shares of the company's stock valued at $309,000 after buying an additional 388 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of Intapp by 33.2% in the 3rd quarter. Assetmark Inc. now owns 1,765 shares of the company's stock valued at $72,000 after buying an additional 440 shares during the period. 89.96% of the stock is owned by institutional investors and hedge funds.

Intapp News Roundup

Here are the key news stories impacting Intapp this week:

• Positive Sentiment: Management raised Q4 non‑GAAP EPS guidance to $0.36–$0.38 and said the Celeste acquisition is already contributing materially (about 15% of net new bookings), signaling faster revenue mix expansion and near‑term margin leverage potential. Intapp expects Q4 non-GAAP EPS of $0.36-$0.38 as Celeste drives about 15% of net new bookings
• Positive Sentiment: Full‑year FY2026 guidance was raised sharply (EPS guidance ~1.22–1.24 vs. prior consensus ~0.98), and Q4 revenue guidance also topped Street expectations — a clear signal management expects accelerating profitability and revenue scale. Intapp announces third quarter fiscal year 2026 financial results
• Positive Sentiment: Quarterly results beat consensus: reported EPS $0.29 vs. $0.28 expected and revenue $146.0M vs. $144.3M expected, with revenue up ~13% year‑over‑year — confirmation of demand across core segments. Intapp (INTA) Tops Q3 Earnings and Revenue Estimates
• Neutral Sentiment: Management commentary and the full earnings call transcript provide detail on product uptake and vertical expansion (useful for modeling but not materially new beyond the release). Intapp, Inc. (INTA) Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst/coverage pieces and snapshots (Zacks, Chron) summarize metric comparisons and context; they reiterate the beat and guidance but add limited new information for valuation. Intapp: Fiscal Q3 Earnings Snapshot
• Negative Sentiment: Profitability remains a concern: Intapp still shows a negative net margin and negative return on equity, which can limit near‑term multiple expansion despite revenue growth and guidance upside. Intapp earnings release and metrics

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.

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