Is Intapp’s (INTA) Bigger Buyback and New Guidance Reframing Its Capital Markets Ambitions?

• In early February 2026, Intapp reported second-quarter 2026 results with revenue of US$140.21 million and a reduced net loss of US$5.93 million, while also issuing new revenue guidance and authorizing a fresh €200 million share repurchase program after completing a prior US$150 million buyback.
• Together with a new partnership that integrates Decimal Point Analytics’ data capabilities into Intapp’s DealCloud platform, these moves highlight management’s focus on both enhancing its capital markets offering and returning cash to shareholders.
• With revenue guidance and the expanded buyback program in focus, we’ll now examine how this shapes Intapp’s broader investment narrative.

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What Is Intapp’s Investment Narrative?

To own Intapp, you need to be comfortable backing a vertical software company that is still loss‑making but working to deepen its foothold with professional and financial services clients. The latest quarter reinforced that tension: revenue grew while the net loss narrowed, yet the stock sold off sharply after guidance and analyst target cuts, suggesting confidence in the near term has softened. In that context, the new US$570 million‑plus full year revenue outlook and the expanded €200 million buyback give management more influence over the share count and investor sentiment, but they do not remove the core execution risk around converting growth into durable profitability. The Decimal Point Analytics partnership fits the existing DealCloud thesis, potentially supporting deal‑driven use cases without fundamentally changing the story.
But there is one governance‑related concern that stands out and is worth understanding in more detail.

Despite retreating, Intapp’s shares might still be trading above their fair value and there could be some more downside.Discover how much.

Exploring Other Perspectives

Four fair value estimates from the Simply Wall St Community span roughly US$25.60 to US$80, underlining how far apart retail views are. Set against the recent guidance‑related selloff and ongoing losses, that spread gives you very different interpretations of how quickly Intapp might justify its current valuation. Investors can weigh those contrasting expectations alongside the shifting catalyst and risk mix discussed above.

Explore 4 other fair value estimates on Intapp – why the stock might be worth over 3x more than the current price!

Build Your Own Intapp Narrative

Disagree with this assessment? Create your own narrative in under 3 minutes – extraordinary investment returns rarely come from following the herd.

• A great starting point for your Intapp research is our analysis highlighting 3 key rewards that could impact your investment decision.
• Our free Intapp research report provides a comprehensive fundamental analysis summarized in a single visual – the Snowflake – making it easy to evaluate Intapp’s overall financial health at a glance.

No Opportunity In Intapp?

Early movers are already taking notice. See the stocks they’re targeting before they’ve flown the coop:

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

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