Intapp (NASDAQ:INTA) Updates FY 2027 Earnings Guidance

Intapp (NASDAQ:INTA) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.580-1.620 for the period, compared to the consensus EPS estimate of 1.290. The company issued revenue guidance of $656.5 million-$660.5 million, compared to the consensus revenue estimate of $656.4 million. Intapp also updated its Q1 2027 guidance to 0.390-0.410 EPS.

Intapp Stock Down 2.0%

INTA stock traded down $0.73 during midday trading on Thursday, reaching $36.23. The company had a trading volume of 361,520 shares, compared to its average volume of 1,089,534. Intapp has a fifty-two week low of $19.01 and a fifty-two week high of $47.93. The stock has a 50 day moving average price of $26.43 and a 200 day moving average price of $25.66. The firm has a market capitalization of $2.79 billion, a PE ratio of -69.68, a P/E/G ratio of 4.98 and a beta of 0.42.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.05. The firm had revenue of $152.53 million for the quarter, compared to analyst estimates of $149.75 million. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.12%. The firm’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 earnings per share. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. Research analysts predict that Intapp will post 0.19 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Truist Financial boosted their price objective on Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday. Zacks Research downgraded Intapp from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research report on Friday, June 5th. Finally, Piper Sandler lifted their price objective on shares of Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $37.86.

Insider Buying and Selling

In other Intapp news, insider Michele Murgel sold 14,591 shares of the stock in a transaction on Friday, June 26th. The stock was sold at an average price of $25.02, for a total transaction of $365,066.82. Following the completion of the transaction, the insider directly owned 233,632 shares of the company’s stock, valued at approximately $5,845,472.64. This represents a 5.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 11.21% of the company’s stock.

Hedge Funds Weigh In On Intapp

Several hedge funds have recently bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in shares of Intapp by 143.7% during the third quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock worth $77,365,000 after buying an additional 1,115,392 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in shares of Intapp by 7.4% during the 3rd quarter. Alliancebernstein L.P. now owns 1,810,883 shares of the company’s stock valued at $74,065,000 after acquiring an additional 124,978 shares during the last quarter. Praesidium Investment Management Company LLC boosted its holdings in shares of Intapp by 26.2% during the 3rd quarter. Praesidium Investment Management Company LLC now owns 1,743,083 shares of the company’s stock valued at $71,292,000 after acquiring an additional 361,691 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Intapp by 65.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,478,394 shares of the company’s stock worth $67,741,000 after acquiring an additional 582,419 shares during the period. Finally, State Street Corp grew its stake in shares of Intapp by 5.5% in the fourth quarter. State Street Corp now owns 1,367,990 shares of the company’s stock worth $62,681,000 after acquiring an additional 71,696 shares during the period. Hedge funds and other institutional investors own 89.96% of the company’s stock.

About Intapp

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.