nCino (NASDAQ:NCNO) Price Target Cut to $19.00 by Analysts at Truist Financial

nCino (NASDAQ:NCNO) had its target price reduced by Truist Financial from $27.00 to $19.00 in a research note released on Wednesday,Benzinga reports. They currently have a hold rating on the stock.

Several other research firms also recently issued reports on NCNO. Piper Sandler raised shares of nCino from a “neutral” rating to an “overweight” rating and decreased their price objective for the company from $30.00 to $22.00 in a report on Wednesday. Robert W. Baird reduced their price target on shares of nCino from $34.00 to $24.00 and set an “outperform” rating for the company in a research report on Tuesday. JPMorgan Chase & Co. decreased their price target 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of nCino in a report on Thursday, January 22nd. Finally, UBS Group reiterated a “buy” rating and set a $36.00 price objective on shares of nCino in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, nCino currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.07.

nCino Stock Up 10.6%

nCino stock opened at $16.57 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $1.90 billion, a PE ratio of 331.40, a price-to-earnings-growth ratio of 2.94 and a beta of 0.59. The business has a 50 day simple moving average of $17.19 and a 200-day simple moving average of $22.76. nCino has a 12 month low of $13.80 and a 12 month high of $33.92.

nCino (NASDAQ:NCNO) last announced its earnings results on Tuesday, March 31st. The company reported $0.37 earnings per share (EPS) 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 firm had revenue of $149.67 million for the quarter, compared to analyst estimates of $147.41 million. During the same quarter last year, the firm posted $0.12 EPS. The business’s revenue was up 5.9% on a year-over-year basis. On average, analysts anticipate that nCino will post 0.12 EPS for the current fiscal year.

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

Insiders Place Their Bets

In other nCino news, SVP Jeanette Sellers sold 2,182 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $18.26, for a total value of $39,843.32. Following the transaction, the senior vice president directly owned 43,219 shares of the company’s stock, valued at $789,178.94. This trade represents a 4.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sean Desmond sold 16,047 shares of the business’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 $299,757.96. Following the transaction, the chief executive officer owned 602,550 shares in the company, valued at approximately $11,255,634. This represents a 2.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 69,803 shares of company stock worth $1,345,743. 5.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On nCino

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its stake in shares of nCino by 186.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock worth $26,000 after acquiring an additional 617 shares during the last quarter. CWM LLC boosted its position in shares of nCino by 255.8% during the 4th quarter. CWM LLC now owns 1,142 shares of the company’s stock valued at $29,000 after acquiring an additional 821 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of 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 purchasing an additional 458 shares during the period. AlphaQuest LLC grew its holdings in shares of nCino by 5,022.2% in the third quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock valued at $37,000 after purchasing an additional 1,356 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new stake in nCino during the fourth quarter worth about $38,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

Trending Headlines about nCino

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.