nCino (NASDAQ:NCNO) Given New $32.00 Price Target at Citizens Jmp

nCino (NASDAQ:NCNO) had its target price trimmed by Citizens Jmp from $41.00 to $32.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a market outperform rating on the stock.

A number of other equities research analysts also recently issued reports on NCNO. Weiss Ratings reissued a “sell (d-)” rating on shares of nCino in a research report on Thursday, January 22nd. Zacks Research downgraded nCino from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. reduced their price objective on nCino from $30.00 to $16.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Piper Sandler upgraded nCino from a “neutral” rating to an “overweight” rating and decreased their target price for the stock from $30.00 to $22.00 in a report on Wednesday. Finally, Needham & Company LLC dropped their target price on shares of nCino from $38.00 to $25.00 and set a “buy” rating for the company in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, nCino has an average rating of “Moderate Buy” and an average target price of $26.07.

nCino Stock Performance

NASDAQ:NCNO opened at $16.57 on Wednesday. The company has a market cap of $1.90 billion, a P/E ratio of 331.40, a P/E/G ratio of 2.94 and a beta of 0.59. The firm’s 50 day moving average is $17.19 and its two-hundred day moving average is $22.76. nCino has a fifty-two week low of $13.80 and a fifty-two week high of $33.92. 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 (NASDAQ:NCNO) last announced its quarterly earnings data 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. The company had revenue of $149.67 million during the quarter, compared to analysts’ expectations of $147.41 million. nCino had a net margin of 0.87% and a return on equity of 4.75%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.12 EPS. Analysts expect that nCino will post 0.12 EPS for the current year.

nCino announced that its Board of Directors has initiated a stock repurchase plan on Monday, December 8th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 3.7% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other news, CEO Sean Desmond sold 16,047 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total value of $299,757.96. Following the completion of the sale, the chief executive officer owned 602,550 shares in the company, 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Gregory Orenstein sold 10,562 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 value of $197,298.16. Following the sale, the chief financial officer owned 451,184 shares in the company, valued at approximately $8,428,117.12. The trade was a 2.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 69,803 shares of company stock valued at $1,345,743 over the last ninety days. Insiders own 5.70% of the company’s stock.

Hedge Funds Weigh In On nCino

A number of institutional investors and hedge funds have recently bought and sold shares of NCNO. Hsbc Holdings PLC purchased a new stake in shares of nCino during the fourth quarter valued at approximately $3,982,000. Rockefeller Capital Management L.P. lifted its position in shares of nCino by 66.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 383,812 shares of the company’s stock worth $9,841,000 after purchasing an additional 153,162 shares in the last quarter. Alpine Global Management LLC purchased a new position in shares of nCino in the fourth quarter valued at $206,000. Invesco Ltd. boosted its stake in shares of nCino by 13.6% in the fourth quarter. Invesco Ltd. now owns 168,339 shares of the company’s stock valued at $4,316,000 after purchasing an additional 20,102 shares during the period. Finally, XTX Topco Ltd grew its holdings in nCino by 68.1% during the 4th quarter. XTX Topco Ltd now owns 82,508 shares of the company’s stock valued at $2,116,000 after purchasing an additional 33,418 shares in the last quarter. Hedge funds and other institutional investors own 94.76% of the company’s stock.

Key nCino News

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

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.