Barclays Raises Price Target for Intapp Despite Underweight Rating

Barclays analyst Saket Kalia has maintained an "Underweight" rating on Intapp (INTA) but raised the price target from $44 to $47, a 6.82% increase. The average one-year price target from 7 analysts is $62.57, indicating a 69.48% upside from the current price of $36.92. The average brokerage recommendation is 2.4, indicating an "Outperform" status. The estimated GF Value in one year is $48.83, suggesting a 32.26% upside from the current price.

Barclays analyst Saket Kalia has maintained an "Underweight" rating for Intapp Inc. (INTA), but has raised the price target from $44 to $47, an increase of 6.82%. This update follows Intapp's strong fourth-quarter earnings report for fiscal year 2025, which exceeded analyst expectations. The stock price rose by 3.09% in aftermarket trading following the announcement, closing at $36.74 [1].

Intapp reported earnings per share (EPS) of $0.27, surpassing the forecasted $0.23. The company also beat revenue estimates, reporting $135 million against an expected $132.11 million. The stock's price increase was driven by Intapp's robust performance, with total revenue growing by 18% year-over-year and cloud ARR increasing by 29% year-over-year. Intapp's focus on AI and cloud solutions has been a key driver of growth, particularly in regulated industries like financial services and real estate [1].

Barclays analysts highlighted Intapp's strong earnings beat and significant growth in AI capabilities and partnerships. They noted that the company's competitive position is bolstered by its vertical-specific software solutions and strategic partnerships, particularly with Microsoft. However, the analysts also mentioned that the evolving cyber threat landscape and macroeconomic uncertainty pose risks to the company's growth [1].

Despite the positive outlook, Barclays analysts remain cautious about Intapp's stock price, maintaining an underweight rating. They have raised the price target to $47, reflecting the company's strong performance and growth prospects. However, investors should be aware of the potential risks and monitor Intapp's ability to navigate the evolving business environment [1].

The average one-year price target from 7 analysts is $62.57, indicating a 69.48% upside from the current price of $36.92. The average brokerage recommendation is 2.4, indicating an "Outperform" status. The estimated GF Value in one year is $48.83, suggesting a 32.26% upside from the current price [3].

References:
[1] https://www.ainvest.com/news/barclays-maintains-underweight-rating-pt-raised-47-intapp-2508/
[2] https://za.investing.com/news/analyst-ratings/intapp-stock-price-target-lowered-to-72-by-ubs-on-strong-results-93CH-3837085
[3] https://www.benzinga.com/insights/analyst-ratings/25/08/47091203/analyst-expectations-for-intapps-future