Keefe, Bruyette & Woods Issues Positive Forecast for nCino (NASDAQ:NCNO) Stock Price

nCino (NASDAQ:NCNO) had its price target boosted by Keefe, Bruyette & Woods from $34.50 to $36.00 in a research note released on Thursday morning,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the stock.

A number of other equities research analysts also recently weighed in on NCNO. Morgan Stanley lifted their price target on shares of nCino from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 27th. JMP Securities raised their price objective on shares of nCino from $35.00 to $41.00 and gave the stock a “market outperform” rating in a report on Wednesday, August 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of nCino in a research report on Wednesday, October 8th. Piper Sandler increased their price target on shares of nCino from $28.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 27th. Finally, William Blair upgraded shares of nCino from a “market perform” rating to an “outperform” rating in a research note on Friday, October 10th. Three analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, nCino currently has an average rating of “Moderate Buy” and an average price target of $33.56.

nCino Stock Down 4.8%

NCNO stock opened at $24.35 on Thursday. nCino has a twelve month low of $18.75 and a twelve month high of $40.29. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.24. The company has a market cap of $2.82 billion, a PE ratio of -135.28, a price-to-earnings-growth ratio of 16.10 and a beta of 0.53. The business’s 50-day simple moving average is $25.51 and its 200 day simple moving average is $27.45.

nCino (NASDAQ:NCNO) last posted its quarterly earnings results on Wednesday, December 3rd. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.20 by $0.11. nCino had a positive return on equity of 2.26% and a negative net margin of 3.71%.The firm had revenue of $152.16 million during the quarter, compared to analysts’ expectations of $147.31 million. During the same quarter in the prior year, the firm posted $0.21 EPS. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. nCino has set its FY 2026 guidance at 0.900-0.910 EPS and its Q4 2026 guidance at 0.210-0.220 EPS. On average, research analysts anticipate that nCino will post 0.12 earnings per share for the current year.

Insider Transactions at nCino

In other news, Director Jeff Horing sold 3,889,254 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $30.00, for a total value of $116,677,620.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider April Rieger sold 4,731 shares of the stock in a transaction that occurred 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 in the company, valued at approximately $5,930,466.94. This trade represents a 2.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 3,913,865 shares of company stock valued at $117,312,830. 5.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On nCino

A number of institutional investors and hedge funds have recently bought and sold shares of NCNO. Long Path Partners LP lifted its holdings in nCino by 61.1% in the second quarter. Long Path Partners LP now owns 4,787,869 shares of the company’s stock valued at $133,917,000 after buying an additional 1,815,868 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in nCino by 7.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 520,000 shares of the company’s stock worth $14,544,000 after acquiring an additional 35,000 shares during the period. Advantage Alpha Capital Partners LP raised its position in shares of nCino by 79.7% during the 2nd quarter. Advantage Alpha Capital Partners LP now owns 196,734 shares of the company’s stock valued at $5,503,000 after acquiring an additional 87,274 shares during the last quarter. Nicholas Company Inc. lifted its stake in shares of nCino by 11.5% in the 2nd quarter. Nicholas Company Inc. now owns 254,783 shares of the company’s stock valued at $7,126,000 after purchasing an additional 26,243 shares during the period. Finally, Spyglass Capital Management LLC bought a new position in shares of nCino in the 2nd quarter worth $44,190,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

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.