nCino Inc. (NASDAQ:NCNO) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of nCino Inc. (NASDAQ:NCNO) have earned an average recommendation of “Moderate Buy” from the twenty-two ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, ten have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $33.9375.

NCNO has been the topic of a number of analyst reports. Piper Sandler increased their price target on shares of nCino from $28.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday, August 27th. Needham & Company LLC increased their price target on shares of nCino from $33.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday, August 27th. Citigroup reiterated an “outperform” rating on shares of nCino in a research report on Wednesday, August 27th. William Blair upgraded shares of nCino from a “market perform” rating to an “outperform” rating in a research report on Friday, October 10th. Finally, Barclays increased their price target on shares of nCino from $31.00 to $37.00 and gave the company an “overweight” rating in a research report on Wednesday, August 27th.

Insider Activity

In other nCino news, CEO Sean Desmond sold 9,550 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $27.45, for a total transaction of $262,147.50. Following the sale, the chief executive officer directly owned 628,603 shares in the company, valued at approximately $17,255,152.35. This trade represents a 1.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Gregory Orenstein sold 4,155 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $27.45, for a total transaction of $114,054.75. Following the sale, the chief financial officer owned 466,099 shares in the company, valued at $12,794,417.55. This trade represents a 0.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,480,723 shares of company stock worth $135,667,553. Corporate insiders own 5.70% of the company’s stock.

Institutional Trading of nCino

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in nCino by 7.7% during the 1st quarter. Vanguard Group Inc. now owns 11,666,955 shares of the company’s stock worth $320,491,000 after buying an additional 836,182 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in nCino by 50.2% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,867,463 shares of the company’s stock worth $133,710,000 after buying an additional 1,626,446 shares during the period. Long Path Partners LP raised its holdings in nCino by 61.1% during the 2nd quarter. Long Path Partners LP now owns 4,787,869 shares of the company’s stock worth $133,917,000 after buying an additional 1,815,868 shares during the period. Invesco Ltd. raised its holdings in shares of nCino by 3.6% in the first quarter. Invesco Ltd. now owns 2,697,437 shares of the company’s stock valued at $74,099,000 after purchasing an additional 94,940 shares during the last quarter. Finally, Conestoga Capital Advisors LLC raised its holdings in shares of nCino by 24.0% in the second quarter. Conestoga Capital Advisors LLC now owns 2,669,920 shares of the company’s stock valued at $74,678,000 after purchasing an additional 516,635 shares during the last quarter. 94.76% of the stock is currently owned by institutional investors and hedge funds.

nCino Stock Up 4.0%

Shares of NASDAQ NCNO opened at $27.10 on Thursday. The firm has a market capitalization of $3.14 billion, a PE ratio of -93.45, a price-to-earnings-growth ratio of 16.47 and a beta of 0.64. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.24. nCino has a 1 year low of $18.75 and a 1 year high of $43.20. The firm’s 50-day moving average is $28.14 and its 200-day moving average is $27.12.

nCino (NASDAQ:NCNO) last issued its earnings results on Tuesday, August 26th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.08. The company had revenue of $148.82 million for the quarter, compared to analyst estimates of $143.17 million. nCino had a negative net margin of 5.86% and a positive return on equity of 1.18%. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 EPS. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. Equities analysts expect that nCino will post 0.12 EPS for the current year.

nCino Company Profile

nCino, Inc, a software-as-a-service company, provides cloud-based software applications to financial institutions in the United States and internationally. Its nCino Bank Operating System connects financial institution employees, clients and third parties on a single cloud-based platform which include client onboarding, deposit account opening, loan origination, end-to-end mortgage suite, and powerful ecosystem.