Brokerages Set nCino Inc. (NASDAQ:NCNO) Price Target at $33.94

nCino Inc. (NASDAQ:NCNO) has been assigned a consensus rating of “Moderate Buy” from the twenty-two brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, nine have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $33.9375.

Several equities research analysts have issued reports on NCNO shares. Raymond James Financial raised nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 target price for the company in a research note on Monday, October 20th. Barclays increased their price target on nCino from $31.00 to $37.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. JMP Securities boosted their price objective on shares of nCino from $35.00 to $41.00 and gave the company a “market outperform” rating in a report on Wednesday, August 27th. Zacks Research raised shares of nCino from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Finally, Stephens upgraded shares of nCino from a “hold” rating to an “overweight” rating in a research report on Monday, October 27th.

nCino Price Performance

Shares of NCNO stock opened at $24.39 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market capitalization of $2.82 billion, a PE ratio of -84.10, a price-to-earnings-growth ratio of 15.36 and a beta of 0.62. The firm’s 50-day moving average is $26.42 and its two-hundred day moving average is $27.47. nCino has a 12 month low of $18.75 and a 12 month high of $42.88.

nCino (NASDAQ:NCNO) last announced its quarterly earnings results on Tuesday, August 26th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.08. The business had revenue of $148.82 million during the quarter, compared to the consensus estimate of $143.17 million. nCino had a negative net margin of 5.86% and a positive return on equity of 1.18%. The business’s revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.14 EPS. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. Analysts predict that nCino will post 0.12 earnings per share for the current year.

Insider Buying and Selling

In other nCino news, Director Pierre Naude sold 4,881 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total transaction of $125,978.61. Following the transaction, the director directly owned 1,187,580 shares in the company, valued at $30,651,439.80. This represents a 0.41% 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, insider April Rieger sold 4,731 shares of the firm’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total value of $122,107.11. Following the transaction, the insider owned 229,774 shares of the company’s stock, valued at approximately $5,930,466.94. This represents a 2.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,483,731 shares of company stock valued at $135,709,761 over the last quarter. 5.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On nCino

Several institutional investors have recently bought and sold shares of NCNO. Robeco Institutional Asset Management B.V. increased its stake in nCino by 7.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 520,000 shares of the company’s stock worth $14,544,000 after buying an additional 35,000 shares during the period. Nicholas Company Inc. grew its stake in shares of nCino by 11.5% in the second quarter. Nicholas Company Inc. now owns 254,783 shares of the company’s stock worth $7,126,000 after acquiring an additional 26,243 shares in the last quarter. Select Equity Group L.P. grew its stake in shares of nCino by 395.3% in the first quarter. Select Equity Group L.P. now owns 265,211 shares of the company’s stock worth $7,285,000 after acquiring an additional 211,665 shares in the last quarter. Pier Capital LLC purchased a new stake in shares of nCino during the second quarter worth $8,104,000. Finally, CM Wealth Advisors LLC acquired a new stake in shares of nCino in the second quarter valued at $307,000. 94.76% of the stock is owned by institutional investors and hedge funds.

nCino Company Profile

nCino, Inc, a software-as-a-service company, provides cloud-based software applications to financial institutions in the United States and internationally. Its nCino Bank Operating System connects financial institution employees, clients and third parties on a single cloud-based platform which include client onboarding, deposit account opening, loan origination, end-to-end mortgage suite, and powerful ecosystem.