nCino (NASDAQ:NCNO) Given New $19.00 Price Target at Truist Financial

nCino (NASDAQ:NCNO) had its target price dropped by stock analysts at Truist Financial from $27.00 to $19.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Truist Financial’s price objective would indicate a potential upside of 16.10% from the company’s previous close.

NCNO has been the subject of several other reports. Piper Sandler raised shares of nCino from a “neutral” rating to an “overweight” rating and decreased their price target for the company from $30.00 to $22.00 in a report on Wednesday. Zacks Research cut shares of nCino from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Morgan Stanley decreased their target price on nCino from $36.00 to $21.00 and set an “overweight” rating for the company in a research note on Monday. Citizens Jmp lowered their target price on nCino from $41.00 to $32.00 and set a “market outperform” rating for the company in a report on Wednesday. Finally, JPMorgan Chase & Co. dropped their price target on nCino from $30.00 to $16.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.80.

nCino Stock Up 9.2%

Shares of NCNO stock traded up $1.39 during trading hours on Wednesday, hitting $16.37. 6,055,988 shares of the company were exchanged, compared to its average volume of 2,326,183. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.01 and a current ratio of 1.01. The business’s 50-day simple moving average is $17.32 and its two-hundred day simple moving average is $22.80. nCino has a one year low of $13.80 and a one year high of $33.92. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of -90.93, a P/E/G ratio of 2.84 and a beta of 0.59.

nCino (NASDAQ:NCNO) last issued its earnings results on Tuesday, March 31st. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.21 by $0.16. The company had revenue of $149.67 million during the quarter, compared to analyst estimates of $147.41 million. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.The business’s revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.12 EPS. Sell-side analysts predict that nCino will post 0.12 EPS for the current fiscal year.

nCino announced that its board has authorized a share buyback program on Monday, December 8th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 3.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at nCino

In other nCino news, SVP Jeanette Sellers sold 2,182 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were 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 approximately $789,178.94. This represents a 4.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Gregory Orenstein sold 10,562 shares of the firm’s 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 $197,298.16. Following the completion of the sale, the chief financial officer owned 451,184 shares in the company, valued at $8,428,117.12. The trade was a 2.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 69,803 shares of company stock worth $1,345,743 over the last 90 days. Corporate 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 added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in nCino by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 11,924,703 shares of the company’s stock valued at $323,279,000 after acquiring an additional 201,499 shares during the period. 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 period. 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 period. Conestoga Capital Advisors LLC grew its stake in shares of nCino by 25.7% in the fourth quarter. Conestoga Capital Advisors LLC now owns 2,861,024 shares of the company’s stock worth $73,357,000 after purchasing 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% in the third quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock worth $68,146,000 after purchasing an additional 2,076,579 shares in the last quarter. 94.76% of the stock is owned by institutional investors.

Key Stories Impacting nCino

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Q4 results beat expectations: nCino reported non‑GAAP EPS of $0.37 (well above estimates) and revenue of $149.7M, with ACV up 17% and a fiscal‑year ACV net retention rate of 112%. Management also announced a $100M accelerated share repurchase program — all signals of stronger recurring revenue and capital returns. GlobeNewswire
• Positive Sentiment: Fiscal‑2027 outlook and cash generation: management outlined free cash flow guidance of $132M–$137M and a target of ~10% ACV growth, which supports valuation re‑rating if execution continues. Seeking Alpha
• Positive Sentiment: Analyst ratings largely remain constructive: several firms (Needham, Piper Sandler, Morgan Stanley, Robert W. Baird) maintained or moved to buy/overweight ratings despite trimming price targets — indicating continued analyst conviction in medium‑term growth. See Benzinga/TickerReport coverage. Benzinga TickerReport
• Neutral Sentiment: Investors are parsing the earnings call and slides for execution details (AI initiatives, ACV composition and margin cadence); transcripts and call highlights are available for deeper diligence. Yahoo Finance Earnings Call Transcript
• Negative Sentiment: Price‑target trims and forecast cuts: multiple firms cut their price targets (examples: Morgan Stanley $36→$21, Piper Sandler $30→$22, Robert W. Baird $34→$24, Needham $38→$25) and some analysts slashed near‑term forecasts, reflecting tempered expectations on margin expansion and growth cadence. Benzinga
• Negative Sentiment: Morgan Stanley published a pessimistic short‑term view on NCNO’s trajectory, which could pressure sentiment if execution or guidance misses going forward. American Banking News

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.