Stephens Cuts nCino (NASDAQ:NCNO) Price Target to $26.00

nCino (NASDAQ:NCNO) had its target price lowered by Stephens from $34.00 to $26.00 in a research report released on Wednesday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Other research analysts have also issued research reports about the stock. Morgan Stanley dropped their price objective on shares of nCino from $36.00 to $21.00 and set an “overweight” rating on the stock in a research note on Monday, March 30th. BTIG Research assumed coverage on shares of nCino in a research note on Tuesday, December 16th. They set a “neutral” rating for the company. Piper Sandler raised shares of nCino from a “neutral” rating to an “overweight” rating and dropped their price target for the stock from $30.00 to $22.00 in a research note on Wednesday. Robert W. Baird cut their price objective on nCino from $34.00 to $24.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, Zacks Research cut nCino from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $26.07.

nCino Stock Performance

Shares of NASDAQ NCNO opened at $17.10 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 1.01 and a debt-to-equity ratio of 0.25. nCino has a one year low of $13.80 and a one year high of $33.92. The business has a 50-day moving average price of $16.90 and a two-hundred day moving average price of $22.63. The firm has a market capitalization of $1.96 billion, a PE ratio of 342.00, a PEG ratio of 3.35 and a beta of 0.61.

nCino (NASDAQ:NCNO) last issued its earnings results on Tuesday, March 31st. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.16. The company had revenue of $149.67 million for the quarter, compared to the consensus estimate of $147.41 million. nCino had a return on equity of 4.75% and a net margin of 0.87%.The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.12 EPS. As a group, analysts predict that nCino will post 0.12 earnings per share for the current fiscal year.

nCino announced that its board has authorized a stock repurchase plan on Monday, December 8th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to repurchase up to 3.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In related news, CFO Gregory Orenstein sold 8,840 shares of the business’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $16.75, for a total transaction of $148,070.00. Following the transaction, the chief financial officer owned 442,344 shares of the company’s stock, valued at approximately $7,409,262. The trade was a 1.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Pierre Naude sold 22,700 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $16.75, for a total transaction of $380,225.00. Following the transaction, the director owned 1,144,123 shares of the company’s stock, valued at approximately $19,164,060.25. The trade was a 1.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 113,572 shares of company stock valued at $2,078,874 in the last 90 days. 5.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On nCino

Institutional investors have recently added to or reduced their stakes in the company. Millennium Management LLC lifted its position in shares of nCino by 16.6% in the 1st quarter. Millennium Management LLC now owns 303,853 shares of the company’s stock worth $8,347,000 after acquiring an additional 43,247 shares during the period. Woodline Partners LP increased its position in shares of nCino by 105.3% during the first quarter. Woodline Partners LP now owns 13,227 shares of the company’s stock valued at $363,000 after purchasing an additional 6,783 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of nCino by 16.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 281,435 shares of the company’s stock valued at $7,731,000 after purchasing an additional 39,345 shares during the period. Creative Planning acquired a new position in shares of nCino in the second quarter valued at $568,000. Finally, Legal & General Group Plc lifted its position in nCino by 14.4% in the second quarter. Legal & General Group Plc now owns 114,299 shares of the company’s stock worth $3,197,000 after purchasing an additional 14,407 shares during the period. 94.76% of the stock is owned by institutional investors and hedge funds.

More nCino News

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Earnings beat and upbeat growth outlook: nCino reported stronger‑than‑expected Q4 results and an improved FY27 growth outlook, which drove a post‑earnings gap up and multi‑day rally as investors priced in faster adoption. Read More.
• Positive Sentiment: Analyst upgrades: Several bullish moves include Piper Sandler raising nCino to “Overweight”, Barclays forecasting strong price appreciation, and Zacks upgrading the stock to “Strong‑Buy” — these lift buy‑side interest and support near‑term demand. Read More. Read More. Read More.
• Positive Sentiment: Consensus upside in street price targets: The average of analyst price targets implies a material upside (~75% per one note), signaling that some investors still see significant recovery potential if growth and AI monetization accelerate. Read More.
• Neutral Sentiment: Business outlook detail — AI and pricing power highlighted: A deep‑dive piece points to AI adoption and platform pricing as primary drivers of upside and notes a leadership change; these factors are positive but require execution to move the valuation materially. Read More.
• Negative Sentiment: Multiple cautious/pessimistic analyst notes: Several firms (Citizens JMP, Truist, Goldman Sachs, Needham, Stephens, Keefe Bruyette & Woods, Robert W. Baird) issued lowered expectations or pessimistic forecasts — adding selling pressure and capping near‑term upside despite the beat. Read More. Read More. Read More. Read More. Read More. Read More. Read More.

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.