nCino (NASDAQ:NCNO) Given New $26.00 Price Target at Stephens

nCino (NASDAQ:NCNO) had its price objective cut by Stephens from $34.00 to $26.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have an overweight rating on the stock.

NCNO has been the topic of a number of other reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of nCino in a report on Thursday, January 22nd. UBS Group reiterated a “buy” rating and set a $36.00 price target on shares of nCino in a research note on Tuesday, December 9th. BTIG Research initiated coverage on shares of nCino in a research report on Tuesday, December 16th. They set a “neutral” rating on the stock. JPMorgan Chase & Co. dropped their price objective on shares of nCino from $30.00 to $16.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Finally, Barclays reduced their target price on shares of nCino from $34.00 to $21.00 and set an “overweight” rating for the company in a report on Tuesday, March 24th. One investment 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 issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $26.07.

nCino Trading Up 10.6%

NASDAQ:NCNO opened at $16.57 on Wednesday. The stock’s 50 day moving average price is $17.19 and its 200 day moving average price is $22.76. The company has a market capitalization of $1.90 billion, a PE ratio of 331.40, a P/E/G ratio of 2.94 and a beta of 0.59. 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.

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

nCino announced that its Board of Directors has authorized a stock buyback program on Monday, December 8th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the company to repurchase up to 3.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Insider Transactions at nCino

In other news, Director Pierre Naude sold 24,273 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total value of $453,419.64. Following the completion of the sale, the director owned 1,166,823 shares in the company, valued at approximately $21,796,253.64. This trade represents a 2.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Gregory Orenstein sold 10,562 shares of nCino stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total transaction of $197,298.16. Following the completion of the sale, the chief financial officer directly owned 451,184 shares in the company, valued at approximately $8,428,117.12. The trade was a 2.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 69,803 shares of company stock worth $1,345,743 over the last quarter. 5.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. FNY Investment Advisers LLC lifted its position in nCino by 15.9% in the fourth quarter. FNY Investment Advisers LLC now owns 3,228 shares of the company’s stock valued at $82,000 after purchasing an additional 444 shares during the period. Advisors Asset Management Inc. increased its position 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 purchasing an additional 458 shares during the period. US Bancorp DE raised its stake in shares of nCino by 1.6% during the 3rd quarter. US Bancorp DE now owns 32,042 shares of the company’s stock worth $869,000 after buying an additional 501 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of nCino by 186.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock worth $26,000 after buying an additional 617 shares in the last quarter. Finally, Lecap Asset Management Ltd. lifted its holdings in shares of nCino by 2.3% in the 4th quarter. Lecap Asset Management Ltd. now owns 31,163 shares of the company’s stock valued at $799,000 after buying an additional 691 shares during the period. 94.76% of the stock is owned by hedge funds and other institutional investors.

More 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.