Stock Track | Intapp Plummets 24.87% in Pre-market on Q2 Earnings Miss and Cautious Guidance

Stock Track
Feb 04

Intapp, Inc. (INTA) shares plummeted 24.87% during Wednesday's pre-market session, marking a significant decline for the provider of AI-powered platforms for professional services firms.

The sharp drop followed the company's release of its second-quarter fiscal 2026 financial results, which revealed a GAAP earnings miss and forward guidance that fell short of market expectations. Intapp reported a quarterly GAAP net loss, and its outlook for both the third quarter and full fiscal year was viewed as cautious by investors.

In reaction to the earnings report, several Wall Street analysts revised their price targets downward, contributing to the negative sentiment. The combination of disappointing results and tempered future expectations triggered the substantial sell-off in pre-market trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10