nCino Inc. (NASDAQ:NCNO) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• nCino Inc. has been given an average rating of "Hold" from 21 ratings firms, with 12 analysts recommending a hold, 8 a buy, and 1 a strong buy.
• The company reported $0.22 earnings per share (EPS) for the last quarter, exceeding estimates by $0.08, with a revenue of $148.82 million, a 12.4% year-over-year increase.
• Insiders, including the CFO and CEO, sold a total of 4,480,723 shares in the past ninety days, representing a notable part of insider trading activity in the company.

Shares of nCino Inc. (NASDAQ:NCNO - Get Free Report) have received an average rating of "Hold" from the twenty-one ratings firms that are currently covering the stock, MarketBeat.com reports. Twelve research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $33.9375.

Several equities research analysts recently issued reports on NCNO shares. JPMorgan Chase & Co. initiated coverage on nCino in a report on Wednesday, June 18th. They issued a "neutral" rating and a $30.00 price objective on the stock. Barclays boosted their price objective on nCino from $31.00 to $37.00 and gave the company an "overweight" rating in a report on Wednesday, August 27th. Zacks Research downgraded nCino from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 3rd. Citigroup restated an "outperform" rating on shares of nCino in a report on Wednesday, August 27th. Finally, Needham & Company LLC lifted their price objective on shares of nCino from $33.00 to $38.00 and gave the company a "buy" rating in a report on Wednesday, August 27th.

nCino Trading Down 0.6%

NASDAQ NCNO opened at $27.98 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market capitalization of $3.24 billion, a P/E ratio of -96.48, a PEG ratio of 17.62 and a beta of 0.71. The firm's 50-day moving average is $29.34 and its two-hundred day moving average is $27.23. nCino has a 12 month low of $18.75 and a 12 month high of $43.20.

nCino (NASDAQ:NCNO - Get Free Report) last released its quarterly earnings results on Tuesday, August 26th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.08. nCino had a negative net margin of 5.86% and a positive return on equity of 1.18%. The business had revenue of $148.82 million for the quarter, compared to the consensus estimate of $143.17 million. During the same period in the previous year, the firm earned $0.14 EPS. The business's revenue was up 12.4% on a year-over-year basis. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. On average, sell-side analysts anticipate that nCino will post 0.12 earnings per share for the current year.

Insider Transactions at nCino

In related news, CFO Gregory Orenstein sold 4,155 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $27.45, for a total value of $114,054.75. Following the sale, the chief financial officer owned 466,099 shares of the company's stock, valued at $12,794,417.55. This trade represents a 0.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sean Desmond sold 9,550 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $27.45, for a total transaction of $262,147.50. Following the completion of the sale, the chief executive officer directly owned 628,603 shares in the company, valued at approximately $17,255,152.35. This trade represents a 1.50% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,480,723 shares of company stock valued at $135,667,553. 5.70% of the stock is owned by corporate insiders.

Institutional Trading of nCino

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in nCino by 7.7% in the first quarter. Vanguard Group Inc. now owns 11,666,955 shares of the company's stock valued at $320,491,000 after acquiring an additional 836,182 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of nCino by 50.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 4,867,463 shares of the company's stock worth $133,710,000 after purchasing an additional 1,626,446 shares during the last quarter. Long Path Partners LP grew its holdings in shares of nCino by 61.1% during the second quarter. Long Path Partners LP now owns 4,787,869 shares of the company's stock worth $133,917,000 after purchasing an additional 1,815,868 shares during the last quarter. Invesco Ltd. grew its holdings in shares of nCino by 3.6% during the first quarter. Invesco Ltd. now owns 2,697,437 shares of the company's stock worth $74,099,000 after purchasing an additional 94,940 shares during the last quarter. Finally, Conestoga Capital Advisors LLC increased its position in nCino by 24.0% during the second quarter. Conestoga Capital Advisors LLC now owns 2,669,920 shares of the company's stock worth $74,678,000 after buying an additional 516,635 shares during the period. Institutional investors and hedge funds own 94.76% of the company's stock.

nCino Company Profile

nCino, Inc, a software-as-a-service company, provides cloud-based software applications to financial institutions in the United States and internationally. Its nCino Bank Operating System connects financial institution employees, clients and third parties on a single cloud-based platform which include client onboarding, deposit account opening, loan origination, end-to-end mortgage suite, and powerful ecosystem.

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