nCino (NASDAQ:NCNO) Upgraded at Zacks Research

Zacks Research upgraded shares of nCino (NASDAQ:NCNO) from a hold rating to a strong-buy rating in a report released on Tuesday morning,Zacks.com reports.

Several other equities research analysts have also weighed in on NCNO. Citizens Jmp lowered their target price on shares of nCino from $41.00 to $32.00 and set a “market outperform” rating on the stock in a report on Wednesday. The Goldman Sachs Group cut their price target on shares of nCino from $28.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday. Piper Sandler upgraded shares of nCino from a “neutral” rating to an “overweight” rating and reduced their price target for the company from $30.00 to $22.00 in a research report on Wednesday. Needham & Company LLC decreased their price objective on shares of nCino from $38.00 to $25.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Barclays raised their price objective on shares of nCino from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $26.07.

nCino Price Performance

nCino stock opened at $17.10 on Tuesday. The business has a 50 day simple moving average of $17.05 and a 200 day simple moving average of $22.72. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.00 and a quick ratio of 1.01. The company has a market capitalization of $1.96 billion, a PE ratio of 342.00, a price-to-earnings-growth ratio of 3.25 and a beta of 0.61. nCino has a one year low of $13.80 and a one year high of $33.92.

nCino (NASDAQ:NCNO) last announced its quarterly earnings results 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 firm had revenue of $149.67 million for the quarter, compared to analysts’ expectations of $147.41 million. During the same period in the prior year, the business posted $0.12 earnings per share. The business’s revenue was up 5.9% compared to the same quarter last year. On average, sell-side analysts forecast that nCino will post 0.12 EPS for the current fiscal year.

nCino declared that its Board of Directors has approved a share buyback plan on Monday, December 8th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 3.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Activity at nCino

In other news, CEO Sean Desmond sold 16,047 shares of the stock in a transaction 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 of the company’s stock, valued at $11,255,634. This represents a 2.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jeanette Sellers sold 2,182 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $18.26, for a total value of $39,843.32. Following the completion of the transaction, the senior vice president owned 43,219 shares in the company, valued at $789,178.94. This represents a 4.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 69,803 shares of company stock valued at $1,345,743 over the last quarter. 5.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NCNO. Vanguard Group Inc. grew its holdings in shares of nCino by 1.7% during the third quarter. Vanguard Group Inc. now owns 11,924,703 shares of the company’s stock worth $323,279,000 after buying an additional 201,499 shares in the last quarter. Senvest Management LLC boosted its position in nCino by 68.6% during the 4th quarter. Senvest Management LLC now owns 4,078,276 shares of the company’s stock worth $104,567,000 after acquiring an additional 1,658,868 shares during the last quarter. Spyglass Capital Management LLC boosted its position in nCino by 35.4% during the 4th quarter. Spyglass Capital Management LLC now owns 2,909,880 shares of the company’s stock worth $74,609,000 after acquiring an additional 760,790 shares during the last quarter. Conestoga Capital Advisors LLC grew its stake in shares of nCino by 25.7% during the 4th quarter. Conestoga Capital Advisors LLC now owns 2,861,024 shares of the company’s stock worth $73,357,000 after acquiring an additional 585,786 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of nCino by 475.1% during the 3rd quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock worth $68,146,000 after acquiring an additional 2,076,579 shares in the last quarter. 94.76% of the stock is currently owned by institutional investors.

Key Headlines Impacting nCino

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Q4 results beat expectations — non‑GAAP EPS $0.37 vs. ~$0.21 consensus and revenue $149.7M (y/y +5.9%). Management also provided conference materials and commentary that underpinned the beat. nCino (NCNO) Q4 2026 Earnings Call Transcript
• Positive Sentiment: Company guidance/targets for fiscal 2027: FCF $132M–$137M and a targeted ~10% ACV growth — gives investors a clearer path to cash flow improvement and subscription expansion. NCino outlines fiscal 2027 free cash flow of $132M-$137M while targeting 10% ACV growth
• Positive Sentiment: Analysts / market commentary point to product-led upside — firm notes AI adoption, platform pricing and new leadership as drivers that could lift margins and ARR/ACV momentum. NCNO Q4 Deep Dive: AI Adoption and Platform Pricing Drive Upside, New Leadership Announced
• Positive Sentiment: Catalyst from analyst support — Barclays and Piper Sandler issued overweight/upgrade actions (Barclays raised its PT to $22, Piper moved to overweight), lending institutional support to the beat-and-guide narrative. Barclays raises PT; Piper Sandler upgrade (Benzinga)
• Neutral Sentiment: Short‑term market reaction: NCNO has extended a multi‑day rally following the results and outlook; momentum may continue while investors digest guidance vs. long‑term margins. nCino (NCNO) Rallies 10.6% on Upbeat Growth Outlook
• Neutral Sentiment: Zacks highlights that the street’s average price target implies a large upside (~75%), but cautions that such averages can be volatile; use as a directional signal rather than a firm valuation. Wall Street Analysts Predict a 75.44% Upside in nCino (NCNO)
• Negative Sentiment: Several firms trimmed price targets and some forecasts after the print (Goldman, Keefe Bruyette, Needham, Stephens, Truist and others), which increases near‑term uncertainty around valuation and dampens conviction despite the beat. These Analysts Slash Their Forecasts On nCino Following Q4 Results (Benzinga)
• Negative Sentiment: Institutional caution from some shops — Morgan Stanley and Robert W. Baird issued pessimistic/less‑bullish notes, which could pressure performance if sentiment sours or execution slips. Morgan Stanley Issues Pessimistic Forecast for nCino

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.