Barclays Issues Positive Forecast for nCino (NASDAQ:NCNO) Stock Price

nCino (NASDAQ:NCNO) had its price target increased by Barclays from $21.00 to $22.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other research firms have also recently issued reports on NCNO. The Goldman Sachs Group cut their target price on shares of nCino from $28.00 to $24.00 and set a “neutral” rating for the company in a research note on Wednesday. Piper Sandler upgraded shares of nCino from a “neutral” rating to an “overweight” rating and decreased their price target for the company from $30.00 to $22.00 in a research note on Wednesday. JPMorgan Chase & Co. lowered their price target on shares of nCino from $30.00 to $16.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Needham & Company LLC cut their price objective on shares of nCino from $38.00 to $25.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Morgan Stanley reduced their price objective on nCino from $36.00 to $21.00 and set an “overweight” rating for the company in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $26.07.

nCino Stock Up 10.6%

NCNO stock opened at $16.57 on Wednesday. nCino has a 1-year low of $13.80 and a 1-year high of $33.92. The business’s 50 day simple moving average is $17.19 and its 200 day simple moving average is $22.76. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.90 billion, a PE ratio of 331.40, a PEG ratio of 2.94 and a beta of 0.59.

nCino (NASDAQ:NCNO) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.16. nCino had a return on equity of 4.75% and a net margin of 0.87%.The business had revenue of $149.67 million during the quarter, compared to the consensus estimate of $147.41 million. During the same quarter last year, the firm posted $0.12 EPS. The company’s quarterly revenue was up 5.9% on a year-over-year basis. As a group, research analysts anticipate that nCino will post 0.12 EPS for the current year.

nCino announced that its Board of Directors has initiated a share buyback plan on Monday, December 8th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to reacquire up to 3.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In related news, CEO Sean Desmond sold 16,047 shares of the firm’s stock in a transaction dated 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 directly owned 602,550 shares of the company’s stock, valued at approximately $11,255,634. This trade represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider April Rieger sold 8,078 shares of nCino stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total transaction of $150,897.04. Following the completion of the sale, the insider owned 221,696 shares of the company’s stock, valued at $4,141,281.28. This trade represents a 3.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 69,803 shares of company stock valued at $1,345,743 in the last three months. Insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On nCino

A number of hedge funds and other institutional investors have recently made changes to their positions in NCNO. Farther Finance Advisors LLC boosted its stake in shares of 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 buying an additional 617 shares during the period. Advisors Asset Management Inc. increased its stake in nCino by 68.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock worth $32,000 after acquiring an additional 458 shares during the period. CWM LLC increased its stake in nCino by 255.8% during the 4th quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $29,000 after acquiring an additional 821 shares during the period. AlphaQuest LLC raised its holdings in nCino by 5,022.2% in the 3rd quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock valued at $37,000 after acquiring an additional 1,356 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in shares of nCino during the 4th quarter valued at $38,000. 94.76% of the stock is currently owned by institutional investors and hedge funds.

nCino News Summary

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Q4 results beat consensus — non‑GAAP EPS $0.37 vs $0.21 est and revenue $149.7M vs $147.4M; ACV grew 17% to $602.4M with a 112% ACV net retention rate, showing healthy subscription growth. GlobeNewswire release
• Positive Sentiment: Board authorized a $100M accelerated share repurchase program, which supports near‑term EPS and return of capital to shareholders. GlobeNewswire release
• Positive Sentiment: Management set fiscal 2027 free cash flow guidance ($132M–$137M) and is targeting ~10% ACV growth, giving a clearer path to cash generation and margin improvement. Seeking Alpha
• Neutral Sentiment: Analysts reacted across the board: some firms upgraded (Barclays, Piper Sandler) or kept favorable ratings, while others trimmed price targets — the mixed responses leave near‑term sentiment supportive but consensus valuations lower. Benzinga roundup
• Neutral Sentiment: Earnings call emphasized AI platform integration and ACV momentum — constructive for product positioning but requires execution to translate into sustained margin expansion. Earnings call transcript/highlights
• Negative Sentiment: Several institutions slashed price targets (Goldman, Keefe, Stephens, Baird, Truist, Needham among others) after the report — that indicates analysts reduced medium/longer‑term expectations and could cap upside until guidance proves durable. Benzinga: analysts slash forecasts
• Negative Sentiment: Profitability remains a concern (negative net margin and a negative PE), and some firms (e.g., Morgan Stanley) issued cautious outlooks — investors may wait for sustained margin improvement and FCF delivery before re‑rating the stock materially higher. MarketBeat earnings summary

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.