nCino (NASDAQ:NCNO) Price Target Cut to $24.00 by Analysts at Robert W. Baird

nCino (NASDAQ:NCNO) had its target price trimmed by Robert W. Baird from $34.00 to $24.00 in a research report report published on Tuesday,Benzinga reports. The brokerage currently has an outperform rating on the stock.

Several other research analysts have also recently commented on the company. Morgan Stanley lowered their target price on nCino from $36.00 to $21.00 and set an “overweight” rating for the company in a research note on Monday. Weiss Ratings reiterated a “sell (d-)” rating on shares of nCino in a research note on Thursday, January 22nd. Barclays lowered their price objective on nCino from $34.00 to $21.00 and set an “overweight” rating for the company in a research report on Tuesday, March 24th. Keefe, Bruyette & Woods upped their target price on shares of nCino from $34.50 to $36.00 and gave the stock an “outperform” rating in a research note on Thursday, December 4th. Finally, Truist Financial reduced their target price on shares of nCino from $32.00 to $27.00 and set a “hold” rating on the stock in a report on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $29.47.

nCino Price Performance

nCino stock opened at $14.98 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.24. nCino has a 52-week low of $13.80 and a 52-week high of $33.92. The firm has a market cap of $1.72 billion, a PE ratio of -83.22, a price-to-earnings-growth ratio of 2.84 and a beta of 0.59. The company’s 50 day moving average is $17.32 and its two-hundred day moving average is $22.80.

nCino (NASDAQ:NCNO) last posted its quarterly earnings results on Tuesday, March 31st. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.21 by $0.16. The business had revenue of $149.67 million during the quarter, compared to the consensus estimate of $147.41 million. nCino had a negative net margin of 3.71% and a positive return on equity of 2.28%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.12 earnings per share. On average, research analysts expect that nCino will post 0.12 EPS for the current fiscal year.

nCino declared that its board has initiated a stock buyback program on Monday, December 8th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to purchase up to 3.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director Pierre Naude sold 24,273 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total transaction of $453,419.64. Following the sale, the director owned 1,166,823 shares of the company’s stock, valued at approximately $21,796,253.64. This trade represents a 2.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeanette Sellers sold 2,182 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $18.26, for a total value of $39,843.32. Following the sale, the senior vice president owned 43,219 shares of the company’s stock, valued at approximately $789,178.94. The trade was a 4.81% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 69,803 shares of company stock worth $1,345,743. 5.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. FNY Investment Advisers LLC grew its position in shares of nCino by 15.9% in the 4th quarter. FNY Investment Advisers LLC now owns 3,228 shares of the company’s stock valued at $82,000 after buying an additional 444 shares during the last quarter. Advisors Asset Management Inc. lifted its position in nCino by 68.5% in the second quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock valued at $32,000 after acquiring an additional 458 shares during the last quarter. US Bancorp DE lifted its position in nCino by 1.6% in the third quarter. US Bancorp DE now owns 32,042 shares of the company’s stock valued at $869,000 after acquiring an additional 501 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in nCino by 186.4% in the third quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock valued at $26,000 after acquiring an additional 617 shares in the last quarter. Finally, Lecap Asset Management Ltd. boosted its stake in nCino by 2.3% in the fourth quarter. Lecap Asset Management Ltd. now owns 31,163 shares of the company’s stock valued at $799,000 after acquiring an additional 691 shares in the last quarter. Institutional investors and hedge funds own 94.76% of the company’s stock.

More nCino News

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Q4 results beat consensus: GAAP EPS $0.37 vs. $0.21 expected and revenue $149.7M vs. $147.4M, with revenue up ~5.9% year-over-year — a key near-term catalyst. nCino Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Operational highlights: ACV as of Jan 31 was $602.4M (+17% YoY) and fiscal 2026 ACV net retention was 112%; company also announced a $100M accelerated share repurchase program — both support revenue durability and shareholder returns. nCino Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Market reaction: outlets report large intraday gains (reports of ~19–26% jumps) as investors priced in better results and the ASR program. nCino shares surge 26% on strong Q4 results, guidance
• Neutral Sentiment: Conference call, slide deck and press release are available for detail — useful for assessing forward guidance, product traction and margin cadence. Listen to Conference Call / View Press Release / Slide Deck
• Neutral Sentiment: Mainstream market pages summarize the news; useful for quick headlines but check the company filings for details. nCino Inc
• Negative Sentiment: Some analysts trimmed price targets despite the beat: Morgan Stanley lowered its target (now $21) and Robert W. Baird cut its target (now $24) — changes that could limit upside or weigh on sentiment even with an “overweight/outperform” stance. nCino price target lowered by Robert W. Baird
• Negative Sentiment: Profitability remains a concern: nCino still shows a negative net margin on the latest results, and valuation metrics reflect growth/turnaround risk — monitor margins and guidance for sustainability. nCino (NCNO) Surpasses Q4 Earnings and Revenue Estimates

About nCino

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.