nCino Inc. (NASDAQ:NCNO) Receives Average Rating of “Moderate Buy” from Brokerages

nCino Inc. (NASDAQ:NCNO) has earned a consensus recommendation of “Moderate Buy” from the twenty-two brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, nine have issued a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $33.2667.

NCNO has been the topic of a number of recent analyst reports. Barclays decreased their target price on nCino from $37.00 to $34.00 and set an “overweight” rating on the stock in a research report on Monday, January 5th. Truist Financial decreased their price objective on shares of nCino from $32.00 to $27.00 and set a “hold” rating on the stock in a report on Thursday, December 4th. UBS Group reiterated a “buy” rating and issued a $36.00 target price on shares of nCino in a research report on Tuesday, December 9th. Keefe, Bruyette & Woods upped their price target on shares of nCino from $34.50 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. Finally, Zacks Research raised shares of nCino from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th.

Insider Transactions at nCino

In related news, SVP Jeanette Sellers sold 1,507 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $24.49, for a total transaction of $36,906.43. Following the completion of the sale, the senior vice president directly owned 46,731 shares in the company, valued at approximately $1,144,442.19. The trade was a 3.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Pierre Naude sold 4,881 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $25.81, for a total value of $125,978.61. Following the completion of the transaction, the director owned 1,187,580 shares in the company, valued at $30,651,439.80. The trade was a 0.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 40,780 shares of company stock valued at $1,028,550. 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 bought and sold shares of the business. Farther Finance Advisors LLC lifted its stake in 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 purchasing an additional 617 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of nCino by 68.5% in the second quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock valued at $32,000 after purchasing an additional 458 shares in the last quarter. AlphaQuest LLC increased its holdings in shares of nCino by 5,022.2% in the third quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock valued at $37,000 after purchasing an additional 1,356 shares during the last quarter. Hilltop National Bank purchased a new position in nCino during the second quarter worth approximately $42,000. Finally, Quarry LP boosted its stake in nCino by 138.2% during the third quarter. Quarry LP now owns 1,701 shares of the company’s stock worth $46,000 after buying an additional 987 shares during the last quarter. 94.76% of the stock is currently owned by institutional investors and hedge funds.

nCino Stock Performance

NCNO opened at $25.60 on Tuesday. The firm has a fifty day moving average price of $25.23 and a 200 day moving average price of $27.21. nCino has a 1 year low of $18.75 and a 1 year high of $35.04. The stock has a market cap of $2.94 billion, a P/E ratio of -142.22, a P/E/G ratio of 6.73 and a beta of 0.55. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.01 and a quick ratio of 1.01.

nCino (NASDAQ:NCNO) last announced its quarterly 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. The firm had revenue of $152.16 million during the quarter, compared to analyst estimates of $147.31 million. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.nCino’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.21 EPS. nCino has set its FY 2026 guidance at 0.900-0.910 EPS and its Q4 2026 guidance at 0.210-0.220 EPS. Equities research analysts anticipate that nCino will post 0.12 earnings per share for the current year.

nCino declared that its board has authorized a stock repurchase plan 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 stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

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.