Boosted by eye-catching earnings growth and its integration of applied artificial intelligence, highly rated fintech Intapp stock remains in buy range after shaking off a brief post-earnings drop on Feb. 5.
In addition to making the latest list of new buys by the best mutual funds, Intapp stock also has earned a spot on the IBD Breakout Stocks Index alongside fellow initial public offerings from select members of the Class of 2021: AppLovin, Samsara, Duolingo and Dutch Bros.
Intapp Drives 205% Growth — With More To Come
Based in the heart of Silicon Valley in Palo Alto, Calif., Intapp uses AI technology to provide cloud-based solutions for clients in the financial and business sectors. Through its financial software platform, Intapp also helps clients across industries ranging from accounting and consulting to investment banking, legal and private capital.
Over the last three quarters, the company has generated average earnings growth of more than 205%. Over the last three years, Intapp has posted average annual earnings gains of 195%, according to MarketSurge.
On Feb. 4, the fintech reported earnings growth of 91% to 21 cents per share for the second quarter of fiscal 2025, ended Dec. 31. Sales came in at $121.2 million, marking a 17% year-over-year gain.
For the third quarter of fiscal 2025, analysts expect 16% revenue growth to $128.9 million and earnings growth of 57% to 22 cents a share. For the following quarter, Wall Street forecasts sales growth of 15% to $132.1 million and 43% earnings growth to 21 cents per share.
With a Composite Rating of 97 out of a best-possible 99, Intapp earns top billing among its peers in the Computer Software-Financial group. It and fellow financial sector stocks Robinhood Markets, Ameriprise Financial and Blue Owl Capital on the list of new buys by top funds. Further, 44 funds with an A+ or A rating from Investor's Business Daily own shares of Intapp.
See Who Joins Intapp On The IBD Breakout Stocks Index
Intapp Stock Holds Tight In Buy Range
In the wake of reporting earnings after the close on Feb. 4, Intapp stock fell sharply at the next day's open. But shares quickly rebounded to recapture the 50-day moving average and 21-day exponential moving average. Since then, the stock has continued to show resilience by holding support at, and bouncing above, its 21-day line.
Intapp trades within buy range after clearing a 71.34 buy point in a second-stage flat base. Despite the post-earnings volatility, the stock has flashed multiple weeks of tight weekly closes. Such action points to institutional demand for a continued rise after Intapp's already large run from its breakout in August.
In a sign of market leadership, the relative strength line for Intapp stock remains right around a 52-week high.
Meanwhile, fellow IBD Breakout Stocks Index members and Class of 2021 IPO classmates are also showing strength. Duolingo, Dutch Bros and AppLovin have also soared well out of buy range. Samsara — featured on Feb. 12 — pulled back Wednesday but remains in buy range.
IBD Breakout Opportunities ETF
The IBD Breakout Opportunities exchange traded fund from Innovator Capital Management tracks the IBD Breakout Stocks Index. As with other index ETFs, this fund allows you to invest in the entire index in addition to, or rather than, buying individual stocks. Learn more here about the ETF and Innovator.
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