nCino Inc. (NASDAQ:NCNO) Receives $33.94 Average Price Target from Analysts

Shares of nCino Inc. (NASDAQ:NCNO) have received an average rating of “Moderate Buy” from the twenty-two ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, nine have issued a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $33.9375.

A number of equities analysts have commented on NCNO shares. UBS Group reissued a “neutral” rating on shares of nCino in a research note on Wednesday, August 27th. Stephens upgraded shares of nCino from a “hold” rating to an “overweight” rating in a research report on Monday, October 27th. William Blair raised shares of nCino from a “market perform” rating to an “outperform” rating in a report on Friday, October 10th. Zacks Research raised shares of nCino from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Finally, Barclays upped their target price on shares of nCino from $31.00 to $37.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th.

Insider Activity

In other news, Director Pierre Naude sold 4,881 shares of nCino stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total value of $125,978.61. Following the completion of the sale, the director directly owned 1,187,580 shares of the company’s stock, valued at approximately $30,651,439.80. This trade represents a 0.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider April Rieger sold 4,731 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total value of $122,107.11. Following the sale, the insider owned 229,774 shares of the company’s stock, valued at approximately $5,930,466.94. The trade was a 2.02% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 4,483,731 shares of company stock worth $135,709,761. 5.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Captrust Financial Advisors raised its stake in shares of nCino by 1.2% during the third quarter. Captrust Financial Advisors now owns 62,747 shares of the company’s stock worth $1,701,000 after buying an additional 743 shares during the last quarter. Advisory Services Network LLC acquired a new stake in nCino during the 3rd quarter worth $65,000. Morningstar Investment Management LLC bought a new stake in shares of nCino during the 3rd quarter valued at $913,000. Castleark Management LLC acquired a new position in shares of nCino in the 3rd quarter valued at $5,451,000. Finally, Armistice Capital LLC acquired a new position in shares of nCino in the 3rd quarter valued at $214,000. Institutional investors own 94.76% of the company’s stock.

nCino Price Performance

Shares of nCino stock opened at $24.27 on Monday. The stock has a market capitalization of $2.81 billion, a price-to-earnings ratio of -83.69, a P/E/G ratio of 15.52 and a beta of 0.62. The firm’s 50-day moving average price is $26.66 and its two-hundred day moving average price is $27.41. 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 $42.88.

nCino (NASDAQ:NCNO) last posted its earnings results on Tuesday, August 26th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. The company had revenue of $148.82 million during the quarter, compared to analysts’ expectations of $143.17 million. nCino had a negative net margin of 5.86% and a positive return on equity of 1.18%. nCino’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 earnings per share. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. On average, equities analysts predict that nCino will post 0.12 earnings per share for the current fiscal year.

About nCino

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.