nCino Inc. (NASDAQ:NCNO) Given Average Rating of “Moderate Buy” by Analysts

nCino Inc. (NASDAQ:NCNO) has received a consensus rating of “Moderate Buy” from the twenty-one research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $33.2667.

A number of equities research analysts have recently weighed in on the stock. Zacks Research raised shares of nCino from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Barclays reduced their target price on nCino from $37.00 to $34.00 and set an “overweight” rating on the stock in a report on Monday, January 5th. Raymond James Financial upgraded nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 target price for the company in a research note on Monday, October 20th. Stephens raised nCino from a “hold” rating to an “overweight” rating in a research note on Monday, October 27th. Finally, Truist Financial decreased their price objective on nCino from $32.00 to $27.00 and set a “hold” rating for the company in a report on Thursday, December 4th.

nCino Trading Down 0.2%

NASDAQ NCNO opened at $21.35 on Friday. The stock has a market cap of $2.45 billion, a P/E ratio of -118.61, a price-to-earnings-growth ratio of 5.59 and a beta of 0.55. nCino has a fifty-two week low of $18.75 and a fifty-two week high of $35.04. The stock has a 50 day simple moving average of $24.74 and a two-hundred day simple moving average of $26.74. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.01 and a current ratio of 1.01.

nCino (NASDAQ:NCNO) last announced its earnings results on Wednesday, December 3rd. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.11. The company had revenue of $152.16 million during the quarter, compared to the consensus estimate of $147.31 million. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.21 earnings per share. 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, analysts forecast that nCino will post 0.12 earnings per share for the current year.

nCino announced that its board has authorized a share buyback program on Monday, December 8th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 3.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at nCino

In related news, CEO Sean Desmond sold 10,006 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $25.81, for a total transaction of $258,254.86. Following the sale, the chief executive officer owned 618,597 shares of the company’s stock, valued at $15,965,988.57. The trade was a 1.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider April Rieger sold 4,731 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $25.81, for a total transaction of $122,107.11. Following the sale, the insider owned 229,774 shares in the company, 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. Insiders sold a total of 40,780 shares of company stock worth $1,028,550 over the last 90 days. 5.70% of the stock is currently owned by insiders.

Institutional Trading of nCino

A number of institutional investors and hedge funds have recently modified their holdings of NCNO. Farther Finance Advisors LLC increased its position in shares of nCino by 186.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock valued at $26,000 after purchasing an additional 617 shares during the last quarter. CWM LLC boosted its holdings in shares of nCino by 255.8% in the fourth quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $29,000 after buying an additional 821 shares during the last quarter. Advisors Asset Management Inc. grew its position in nCino by 68.5% during the second quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock valued at $32,000 after buying an additional 458 shares during the period. AlphaQuest LLC increased its holdings in nCino by 5,022.2% during the third quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock valued at $37,000 after buying an additional 1,356 shares during the last quarter. Finally, Hilltop National Bank bought a new position in nCino in the second quarter worth approximately $42,000. Institutional investors own 94.76% of the company’s stock.

nCino Company Profile

nCino, Inc provides a cloud-based banking operating system designed to modernize and streamline processes for financial institutions. Built on a software-as-a-service (SaaS) model, the nCino Bank Operating System integrates key banking functions into a unified platform, enabling banks and credit unions to enhance efficiency, reduce risk and improve customer experiences.

Founded in 2012 as a spinoff from Live Oak Bank, nCino launched its flagship offering to address the needs of commercial and retail lenders seeking to replace legacy systems.