Intapp (INTA) Stock Forecast & Price Target

Intapp Inc. demonstrated robust financial performance in FY2Q26, achieving a notable 31% year-over-year growth in Cloud ARR and a 28% increase in SaaS revenues, reflecting strong demand for its industry-specific software solutions. The company also reported a substantial rise in customers contributing over $100k in ARR, growing by 15% year-over-year, which signifies an expanding customer base within its target sectors. Additionally, Intapp raised its full-year SaaS outlook and announced a $200 million buyback, indicating confidence in its financial health and long-term growth prospects amidst a competitive market landscape.

Intapp Inc. faces a negative outlook primarily due to a significant decline in stock performance, with shares down approximately 20% after hours, attributed to broader pressures on software stocks and disappointing FY2026 non-GAAP operating income guidance. Key concerns include a potential slowdown in technology investments within the professional and financial services sectors, coupled with heightened competition from both horizontal software providers and new entrants, which could impact market share. Additionally, external economic factors like reduced capital markets activity, prolonged high interest rates, and a decline in demand for professional services raise concerns about revenue growth and adoption rates of Intapp's solutions.