nCino Inc. (NASDAQ:NCNO) Receives $33.27 Average PT from Analysts

nCino Inc. (NASDAQ:NCNO) has received an average recommendation of “Moderate Buy” from the twenty research firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $33.2667.

A number of research analysts have recently issued reports on NCNO shares. Barclays dropped their price target on shares of nCino from $37.00 to $34.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. Piper Sandler dropped their target price on nCino from $34.00 to $30.00 and set a “neutral” rating on the stock in a research report on Thursday, December 4th. Keefe, Bruyette & Woods raised their price target on nCino from $34.50 to $36.00 and gave the company an “outperform” rating in a report on Thursday, December 4th. Raymond James Financial upgraded nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 price target on the stock in a research note on Monday, October 20th. Finally, William Blair raised nCino from a “market perform” rating to an “outperform” rating in a report on Friday, October 10th.

Insider Activity

In related news, SVP Jeanette Sellers sold 1,507 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $24.49, for a total value of $36,906.43. Following the completion of the sale, the senior vice president owned 46,731 shares in the company, valued at $1,144,442.19. This trade represents a 3.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sean Desmond sold 7,331 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $24.11, for a total transaction of $176,750.41. Following the transaction, the chief executive officer owned 618,597 shares in the company, valued at $14,914,373.67. The trade was a 1.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,442 shares of company stock worth $846,759 in the last 90 days. 5.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On nCino

Several hedge funds have recently bought and sold shares of NCNO. Farther Finance Advisors LLC boosted its position in nCino by 186.4% during the third quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock worth $26,000 after purchasing an additional 617 shares in the last quarter. CWM LLC boosted its position in shares of nCino by 255.8% in the 4th quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $29,000 after buying an additional 821 shares in the last quarter. Advisors Asset Management Inc. grew its stake in nCino by 68.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock valued at $32,000 after acquiring an additional 458 shares during the last quarter. AlphaQuest LLC increased its holdings in nCino by 5,022.2% during the 3rd quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock valued at $37,000 after acquiring an additional 1,356 shares in the last quarter. Finally, Hilltop National Bank acquired a new position in nCino during the second quarter worth about $42,000. 94.76% of the stock is owned by hedge funds and other institutional investors.

nCino Stock Up 0.5%

NCNO opened at $18.81 on Friday. The business has a 50 day moving average price of $24.44 and a two-hundred day moving average price of $26.49. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.24. The company has a market cap of $2.16 billion, a PE ratio of -104.50, a P/E/G ratio of 3.69 and a beta of 0.55. nCino has a 52 week low of $17.69 and a 52 week high of $34.55.

nCino (NASDAQ:NCNO) last announced its earnings results on Wednesday, December 3rd. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.11. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.The company had revenue of $152.16 million for the quarter, compared to the consensus estimate of $147.31 million. During the same period last year, the business posted $0.21 EPS. The company’s revenue was up 9.6% on a year-over-year basis. nCino has set its FY 2026 guidance at 0.900-0.910 EPS and its Q4 2026 guidance at 0.210-0.220 EPS. As a group, research analysts anticipate that nCino will post 0.12 EPS for the current year.

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

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.