nCino (NASDAQ:NCNO) Price Target Cut to $24.00 by Analysts at Keefe, Bruyette & Woods

nCino (NASDAQ:NCNO) had its target price decreased by Keefe, Bruyette & Woods from $36.00 to $24.00 in a research note issued to investors on Wednesday,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the stock.

Several other equities analysts have also recently commented on the stock. Needham & Company LLC lowered their target price on shares of nCino from $38.00 to $25.00 and set a “buy” rating on the stock in a research note on Wednesday. BTIG Research started coverage on shares of nCino in a report on Tuesday, December 16th. They issued a “neutral” rating for the company. Citizens Jmp lowered their price objective on shares of nCino from $41.00 to $32.00 and set a “market outperform” rating on the stock in a research note on Wednesday. Zacks Research cut nCino from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Finally, Piper Sandler upgraded nCino from a “neutral” rating to an “overweight” rating and cut their target price for the stock from $30.00 to $22.00 in a research report on Wednesday. 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $26.07.

nCino Trading Up 10.6%

Shares of NCNO stock opened at $16.57 on Wednesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.01 and a current ratio of 1.01. nCino has a 1 year low of $13.80 and a 1 year high of $33.92. The stock has a fifty day moving average of $17.19 and a two-hundred day moving average of $22.76. The firm 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.

nCino (NASDAQ:NCNO) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $0.37 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 company had revenue of $149.67 million for the quarter, compared to analyst estimates of $147.41 million. During the same period last year, the company earned $0.12 earnings per share. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. As a group, research analysts expect that nCino will post 0.12 EPS for the current year.

nCino declared that its board has authorized a stock buyback 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 stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In related news, CEO Sean Desmond sold 16,047 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total transaction of $299,757.96. Following the completion of the sale, the chief executive officer directly owned 602,550 shares of the company’s stock, valued at $11,255,634. This represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Gregory Orenstein sold 10,562 shares of the firm’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 transaction of $197,298.16. Following the sale, the chief financial officer owned 451,184 shares of the company’s stock, valued at $8,428,117.12. The trade was a 2.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 69,803 shares of company stock worth $1,345,743. 5.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. FNY Investment Advisers LLC lifted its position in shares of nCino by 15.9% during the 4th quarter. FNY Investment Advisers LLC now owns 3,228 shares of the company’s stock valued at $82,000 after acquiring an additional 444 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of 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 in the last quarter. US Bancorp DE grew its holdings in shares of nCino by 1.6% in the 3rd quarter. US Bancorp DE now owns 32,042 shares of the company’s stock worth $869,000 after acquiring an additional 501 shares during the last quarter. Farther Finance Advisors LLC grew its holdings 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. Finally, Lecap Asset Management Ltd. raised its position in shares of nCino by 2.3% during the fourth quarter. Lecap Asset Management Ltd. now owns 31,163 shares of the company’s stock worth $799,000 after purchasing an additional 691 shares during the period. 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.