JPMorgan Remains Confident in Intapp (INTA)’s Future Growth, Calls Recent Quarterly Results “Encouraging”

Intapp, Inc. (NASDAQ:INTA) is included in our list of overlooked tech stocks to invest in.

JPMorgan Remains Confident in Intapp (INTA)’s Future Growth, Calls Q1 2026 Results “Encouraging”

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JPMorgan revisited Intapp, Inc. (NASDAQ:INTA) on November 5, 2025, reducing its price target from $80 to $70 and reiterating an “Overweight” rating, as per TheFly. The firm cited the company’s fiscal Q1 2026 results, calling them “encouraging.” The investment firm highlighted the acceleration of annual recurring revenue (ARR) and strong SaaS momentum demonstrated in the quarter. Moreover, JPMorgan believes management’s outlook is “overly conservative.”

Intapp, Inc. (NASDAQ:INTA) reported Q1 2026 results on November 4. The quarter saw a 30% YoY growth in cloud ARR, which reached $401 million and accounted for 80% of total ARR. Thanks to solid demand across its applied, AI-driven, cloud-based vertical solutions, the company recorded a 27% increase in SaaS revenue to $98 million, helping total revenue reach $139 million (+17%).

Intapp Inc. (NASDAQ:INTA)’s CEO, John Hall, cited growing momentum in new AI capabilities, such as Intapp Time with GenAI, alongside expanding partnerships, as key factors driving the quarter’s performance. Additionally, the company repurchased 1.1 million shares of common stock for $50 million during the quarter. Non-GAAP diluted net income per share for the quarter came to $0.24.

Intapp, Inc. (NASDAQ:INTA) helps professional and financial firms make smarter decisions, manage risk, and enhance growth with its industry-specific cloud and AI software.

While we acknowledge the potential of INTA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INTA and that has 100x upside potential, check out our report about this cheapest AI stock.

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