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

Key Points

• Analysts trimmed price targets: Stephens cut its target to $26 (from $34) but kept an "overweight" rating, and multiple firms (e.g., Morgan Stanley, Needham, Piper Sandler) also lowered targets—the consensus target is about $26.80 with an average rating of "Moderate Buy."
• Q4 beat and shareholder return plans: nCino reported non‑GAAP EPS of $0.37 vs. $0.21 expected and $149.7M revenue with ACV up 17%, and management guided to fiscal‑2027 free cash flow of $132–$137M while authorizing a $100M share buyback.
• Market position and insider activity: Shares traded at $16.37 (12‑month range $13.80–$33.92) with a $1.88B market cap, insiders have sold ~69,803 shares in the last 90 days, and institutional investors own roughly 94.8% of the stock.

nCino (NASDAQ:NCNO - Get Free Report) had its target price dropped by analysts at Stephens from $34.00 to $26.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has an "overweight" rating on the stock. Stephens' price target indicates a potential upside of 58.88% from the company's previous close.

NCNO has been the topic of several other reports. Morgan Stanley decreased their price objective on shares of nCino from $36.00 to $21.00 and set an "overweight" rating on the stock in a report on Monday. Truist Financial reduced their target price on shares of nCino from $27.00 to $19.00 and set a "hold" rating for the company in a report on Wednesday. Barclays decreased their price target on shares of nCino from $34.00 to $21.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 24th. Needham & Company LLC lowered their price target on shares of nCino from $38.00 to $25.00 and set a "buy" rating on the stock in a report on Wednesday. Finally, Piper Sandler upgraded shares of nCino from a "neutral" rating to an "overweight" rating and cut their price objective for the stock from $30.00 to $22.00 in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $26.80.

nCino Stock Performance

Shares of NASDAQ NCNO traded up $1.39 during midday trading on Wednesday, hitting $16.37. 6,055,988 shares of the company's stock were exchanged, compared to its average volume of 2,326,183. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.88 billion, a PE ratio of -90.93, a price-to-earnings-growth ratio of 2.84 and a beta of 0.59. nCino has a 12 month low of $13.80 and a 12 month high of $33.92. The company's 50 day moving average price is $17.32 and its 200 day moving average price is $22.80.

nCino (NASDAQ:NCNO - Get Free Report) last posted its quarterly 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. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.The business had revenue of $149.67 million for the quarter, compared to analysts' expectations of $147.41 million. During the same quarter in the prior year, the business earned $0.12 EPS. The firm's revenue for the quarter was up 5.9% on a year-over-year basis. 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 share buyback program on Monday, December 8th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to reacquire up to 3.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.

Insider Buying and Selling

In related news, SVP Jeanette Sellers sold 2,182 shares of the firm's stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $18.26, for a total transaction of $39,843.32. Following the transaction, the senior vice president directly owned 43,219 shares of the company's stock, valued at approximately $789,178.94. This trade represents a 4.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Gregory Orenstein sold 10,562 shares of nCino stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total transaction of $197,298.16. Following the completion of the sale, the chief financial officer owned 451,184 shares of the company's stock, valued at $8,428,117.12. This trade represents a 2.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 69,803 shares of company stock valued at $1,345,743 in the last 90 days. 5.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC raised its position in nCino by 186.4% during the third quarter. Farther Finance Advisors LLC now owns 948 shares of the company's stock valued at $26,000 after purchasing an additional 617 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of nCino by 68.5% in the 2nd 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. CWM LLC boosted its holdings in shares of nCino by 255.8% in the 4th quarter. CWM LLC now owns 1,142 shares of the company's stock valued at $29,000 after purchasing an additional 821 shares in the last quarter. AlphaQuest LLC increased its stake in shares of nCino by 5,022.2% in the 3rd 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. Finally, Los Angeles Capital Management LLC bought a new position in shares of nCino in the 4th quarter valued at $38,000. 94.76% of the stock is owned by institutional investors.

nCino News Summary

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Q4 results beat expectations: nCino reported non‑GAAP EPS of $0.37 (well above estimates) and revenue of $149.7M, with ACV up 17% and a fiscal‑year ACV net retention rate of 112%. Management also announced a $100M accelerated share repurchase program — all signals of stronger recurring revenue and capital returns. GlobeNewswire
• Positive Sentiment: Fiscal‑2027 outlook and cash generation: management outlined free cash flow guidance of $132M–$137M and a target of ~10% ACV growth, which supports valuation re‑rating if execution continues. Seeking Alpha
• Positive Sentiment: Analyst ratings largely remain constructive: several firms (Needham, Piper Sandler, Morgan Stanley, Robert W. Baird) maintained or moved to buy/overweight ratings despite trimming price targets — indicating continued analyst conviction in medium‑term growth. See Benzinga/TickerReport coverage. Benzinga TickerReport
• Neutral Sentiment: Investors are parsing the earnings call and slides for execution details (AI initiatives, ACV composition and margin cadence); transcripts and call highlights are available for deeper diligence. Yahoo Finance Earnings Call Transcript
• Negative Sentiment: Price‑target trims and forecast cuts: multiple firms cut their price targets (examples: Morgan Stanley $36→$21, Piper Sandler $30→$22, Robert W. Baird $34→$24, Needham $38→$25) and some analysts slashed near‑term forecasts, reflecting tempered expectations on margin expansion and growth cadence. Benzinga
• Negative Sentiment: Morgan Stanley published a pessimistic short‑term view on NCNO’s trajectory, which could pressure sentiment if execution or guidance misses going forward. American Banking News

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.

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