nCino (NASDAQ:NCNO) Raised to Buy at Wall Street Zen

nCino (NASDAQ:NCNO) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Several other research firms also recently weighed in on NCNO. UBS Group restated a “buy” rating and set a $36.00 price objective on shares of nCino in a report on Tuesday, December 9th. Truist Financial decreased their target price on shares of nCino from $27.00 to $19.00 and set a “hold” rating for the company in a research report on Wednesday, April 1st. Keefe, Bruyette & Woods lowered their target price on shares of nCino from $36.00 to $24.00 and set an “outperform” rating on the stock in a report on Wednesday, April 1st. Barclays raised their price target on shares of nCino from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Wednesday, April 1st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of nCino in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $26.07.

nCino Price Performance

Shares of NASDAQ:NCNO opened at $17.10 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.01 and a current ratio of 1.00. nCino has a 52-week low of $13.80 and a 52-week high of $33.92. The business’s 50 day simple moving average is $16.90 and its two-hundred day simple moving average is $22.52. The firm has a market cap of $1.96 billion, a P/E ratio of 342.00, a PEG ratio of 3.35 and a beta of 0.61.

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

nCino announced that its Board of Directors has approved a stock buyback plan on Monday, December 8th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to buy up to 3.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at nCino

In other nCino news, insider April Rieger sold 8,078 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total value of $150,897.04. Following the completion of the sale, the insider owned 221,696 shares in the company, valued at approximately $4,141,281.28. This trade represents a 3.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sean Desmond sold 16,047 shares of nCino stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total transaction of $299,757.96. Following the transaction, the chief executive officer directly owned 602,550 shares in the company, valued at approximately $11,255,634. This represents a 2.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 106,241 shares of company stock valued at $1,899,191 over the last three months. Insiders own 5.70% of the company’s stock.

Hedge Funds Weigh In On nCino

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in nCino by 1.7% during the third quarter. Vanguard Group Inc. now owns 11,924,703 shares of the company’s stock worth $323,279,000 after acquiring an additional 201,499 shares during the period. Senvest Management LLC boosted its position in nCino by 68.6% in the fourth quarter. Senvest Management LLC now owns 4,078,276 shares of the company’s stock worth $104,567,000 after purchasing an additional 1,658,868 shares during the last quarter. Spyglass Capital Management LLC grew its stake in nCino by 35.4% in the 4th quarter. Spyglass Capital Management LLC now owns 2,909,880 shares of the company’s stock valued at $74,609,000 after purchasing an additional 760,790 shares during the period. Conestoga Capital Advisors LLC grew its stake in nCino by 25.7% in the 4th quarter. Conestoga Capital Advisors LLC now owns 2,861,024 shares of the company’s stock valued at $73,357,000 after purchasing an additional 585,786 shares during the period. Finally, Bank of America Corp DE increased its position in shares of nCino by 475.1% during the 3rd quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock valued at $68,146,000 after purchasing an additional 2,076,579 shares during the last quarter. 94.76% of the stock is owned by institutional investors.

nCino News Roundup

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.