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

nCino Inc. (NASDAQ:NCNO) has been assigned an average rating of “Moderate Buy” from the twenty ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $32.3333.

Several research analysts have recently issued reports on the company. Keefe, Bruyette & Woods upped their price objective on nCino from $34.50 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. JPMorgan Chase & Co. lowered their target price on shares of nCino from $30.00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of nCino in a report on Thursday, January 22nd. BTIG Research began coverage on shares of nCino in a research note on Tuesday, December 16th. They set a “neutral” rating on the stock. Finally, Truist Financial reduced their price objective on shares of nCino from $32.00 to $27.00 and set a “hold” rating for the company in a research report on Thursday, December 4th.

nCino Trading Up 4.9%

NASDAQ NCNO opened at $15.36 on Wednesday. nCino has a 52 week low of $13.80 and a 52 week high of $33.92. The firm has a 50 day moving average of $22.15 and a two-hundred day moving average of $25.26. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $1.76 billion, a PE ratio of -85.33, a price-to-earnings-growth ratio of 2.89 and a beta of 0.55.

nCino (NASDAQ:NCNO) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.11. The business had revenue of $152.16 million for the quarter, compared to analyst estimates of $147.31 million. nCino had a negative net margin of 3.71% and a positive return on equity of 2.28%. The company’s revenue was up 9.6% on a year-over-year basis. During the same period last year, the business earned $0.21 EPS. nCino has set its FY 2026 guidance at 0.900-0.910 EPS and its Q4 2026 guidance at 0.210-0.220 EPS. As a group, research analysts expect that nCino will post 0.12 EPS for the current fiscal year.

nCino declared that its board has authorized a stock buyback plan on Monday, December 8th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to repurchase up to 3.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling at nCino

In related news, CEO Sean Desmond sold 16,047 shares of nCino stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total transaction of $299,757.96. Following the transaction, the chief executive officer owned 602,550 shares in the company, valued at approximately $11,255,634. The trade was a 2.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider April Rieger sold 8,078 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total value of $150,897.04. Following the completion of the transaction, the insider owned 221,696 shares of the company’s stock, valued at approximately $4,141,281.28. This represents a 3.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 78,641 shares of company stock valued at $1,559,400. 5.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in NCNO. Vanguard Group Inc. grew its holdings in shares of nCino by 1.7% during the third quarter. Vanguard Group Inc. now owns 11,924,703 shares of the company’s stock valued at $323,279,000 after purchasing an additional 201,499 shares during the last quarter. Long Path Partners LP boosted its holdings in shares of 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 acquiring an additional 1,815,868 shares in the last quarter. Senvest Management LLC increased its stake in shares of nCino by 68.6% during the fourth quarter. Senvest Management LLC now owns 4,078,276 shares of the company’s stock valued at $104,567,000 after acquiring an additional 1,658,868 shares during the period. Spyglass Capital Management LLC increased its stake in shares of nCino by 35.4% during the fourth quarter. Spyglass Capital Management LLC now owns 2,909,880 shares of the company’s stock valued at $74,609,000 after acquiring an additional 760,790 shares during the period. Finally, Conestoga Capital Advisors LLC raised its holdings in nCino by 25.7% during the fourth quarter. Conestoga Capital Advisors LLC now owns 2,861,024 shares of the company’s stock worth $73,357,000 after purchasing an additional 585,786 shares in the last quarter. 94.76% of the stock is owned by institutional investors and hedge funds.

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.