nCino (NASDAQ:NCNO) Updates Q2 2026 Earnings Guidance

nCino (NASDAQ:NCNO - Get Free Report) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.130-0.140 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $142.0 million-$144.0 million, compared to the consensus revenue estimate of $143.4 million. nCino also updated its FY 2026 guidance to 0.690-0.720 EPS.

nCino Price Performance

Shares of NASDAQ:NCNO traded up $0.11 during midday trading on Friday, hitting $26.44. 2,357,410 shares of the stock were exchanged, compared to its average volume of 1,516,681. The stock has a market cap of $3.05 billion, a P/E ratio of -155.52, a PEG ratio of 5.77 and a beta of 0.71. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.20. nCino has a twelve month low of $18.75 and a twelve month high of $43.20. The company has a 50 day moving average price of $24.41 and a 200-day moving average price of $30.84.

nCino (NASDAQ:NCNO - Get Free Report) last announced its earnings results on Tuesday, April 1st. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.06). nCino had a negative net margin of 3.46% and a positive return on equity of 1.62%. The firm had revenue of $141.37 million during the quarter, compared to analyst estimates of $140.81 million. During the same period in the previous year, the firm posted $0.21 EPS. The company's revenue for the quarter was up 14.3% compared to the same quarter last year. On average, research analysts forecast that nCino will post 0.12 earnings per share for the current year.

nCino announced that its board has approved a stock repurchase plan on Tuesday, April 1st that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $33.00 price objective on shares of nCino in a research note on Thursday. Morgan Stanley upped their price objective on shares of nCino from $27.00 to $29.00 and gave the company an "equal weight" rating in a research note on Thursday. William Blair downgraded shares of nCino from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd. Bank of America upped their price objective on shares of nCino from $22.00 to $26.00 and gave the company a "neutral" rating in a research note on Thursday, April 10th. Finally, UBS Group set a $28.00 price objective on shares of nCino in a research note on Thursday. Ten investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, nCino has a consensus rating of "Hold" and a consensus price target of $30.80.

Insiders Place Their Bets

In other news, insider April Rieger sold 6,589 shares of the firm's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $23.00, for a total transaction of $151,547.00. Following the sale, the insider now owns 243,551 shares of the company's stock, valued at $5,601,673. This trade represents a 2.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Jeanette Sellers sold 2,501 shares of the firm's stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $21.51, for a total value of $53,796.51. Following the sale, the vice president now directly owns 19,099 shares in the company, valued at approximately $410,819.49. This represents a 11.58% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 141,060 shares of company stock valued at $3,101,115. 5.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On nCino

Hedge funds have recently modified their holdings of the business. Woodline Partners LP grew its holdings in shares of nCino by 105.3% during the first quarter. Woodline Partners LP now owns 13,227 shares of the company's stock worth $363,000 after buying an additional 6,783 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings 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 worth $7,731,000 after buying an additional 39,345 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in shares of nCino by 16.6% during the first quarter. Millennium Management LLC now owns 303,853 shares of the company's stock worth $8,347,000 after buying an additional 43,247 shares in the last quarter. Institutional investors and hedge funds own 94.76% of the company's stock.

About nCino

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.