nCino’s (NCNO) Neutral Rating Reiterated at BTIG Research

nCino (NASDAQ:NCNO)‘s stock had its “neutral” rating reaffirmed by stock analysts at BTIG Research in a research report issued to clients and investors on Wednesday, Marketbeat reports.

Several other equities research analysts have also recently weighed in on the stock. Barclays reiterated an “overweight” rating and set a $23.00 price objective on shares of nCino in a research report on Wednesday. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of nCino in a report on Wednesday, June 24th. Citizens Jmp lowered their price objective on nCino from $32.00 to $23.00 and set a “market outperform” rating for the company in a research report on Monday, May 18th. UBS Group set a $25.00 price objective on nCino in a research note on Wednesday. Finally, Zacks Research lowered nCino from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $24.79.

nCino Stock Down 0.7%

nCino stock opened at $20.81 on Wednesday. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 173.42 and a beta of 0.66. nCino has a 52-week low of $13.80 and a 52-week high of $33.92. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a 50 day moving average price of $17.90 and a two-hundred day moving average price of $16.87.

Insiders Place Their Bets

In other nCino news, CFO Gregory Orenstein sold 11,780 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $19.22, for a total value of $226,411.60. Following the completion of the sale, the chief financial officer directly owned 690,513 shares in the company, valued at approximately $13,271,659.86. This trade represents a 1.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Sean Desmond sold 11,815 shares of nCino stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $19.53, for a total transaction of $230,746.95. Following the completion of the sale, the chief executive officer directly owned 1,231,080 shares of the company’s stock, valued at approximately $24,042,992.40. This trade represents a 0.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 83,350 shares of company stock valued at $1,568,144. 1.90% of the stock is currently owned by corporate insiders.

Institutional Trading of nCino

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CWM LLC boosted its holdings in nCino by 255.8% in the fourth quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $29,000 after acquiring an additional 821 shares in the last quarter. Optiver Holding B.V. acquired a new position in shares of nCino during the first quarter worth approximately $32,000. Los Angeles Capital Management LLC bought a new position in shares of nCino in the 4th quarter worth $38,000. Versant Capital Management Inc lifted its holdings in shares of nCino by 664.9% in the 2nd quarter. Versant Capital Management Inc now owns 2,417 shares of the company’s stock worth $40,000 after purchasing an additional 2,101 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in nCino by 76.2% in the 4th quarter. Farther Finance Advisors LLC now owns 1,670 shares of the company’s stock valued at $43,000 after purchasing an additional 722 shares during the period. 94.76% of the stock is owned by institutional investors.

Key nCino News

Here are the key news stories impacting nCino this week:

• Positive Sentiment: nCino reported adjusted earnings of $0.30 per share, above the $0.28 consensus estimate and up from $0.22 a year earlier. Revenue reached approximately $161 million, increased 8.2% year over year, and exceeded analyst expectations. nCino Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management said early customers are using their initial credits for nCino’s agentic AI solutions and returning to purchase additional credits. This suggests growing customer engagement and potential recurring revenue opportunities for the company’s AI banking platform. Banks Double Down on nCino AI Agents
• Positive Sentiment: The board authorized an additional $100 million stock-repurchase program. Buybacks can support per-share results and signal that management believes the shares are attractively valued. nCino Reports Second Quarter Fiscal Year 2027 Financial Results
• Neutral Sentiment: Fiscal third-quarter revenue guidance of $161.3 million to $163.3 million and full-year revenue guidance of $644 million to $647 million are broadly consistent with analyst expectations, offering limited evidence of a major forecast upgrade. nCino Q2 2027 Earnings Call Transcript
• Negative Sentiment: One report showed GAAP EPS of $0.05, substantially below the $0.27 consensus estimate, despite the adjusted-earnings beat. The discrepancy may concern investors, particularly with NCNO trading at a high earnings multiple. nCino Earnings Report

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.