nCino (NCNO) Projected to Post Quarterly Earnings on Wednesday

nCino (NASDAQ:NCNO - Get Free Report) is expected to be issuing its Q1 2026 quarterly earnings data after the market closes on Wednesday, May 28th. Analysts expect nCino to post earnings of $0.16 per share and revenue of $139.77 million for the quarter.

nCino (NASDAQ:NCNO - Get Free Report) last released its quarterly earnings results on Tuesday, April 1st. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.06). The business had revenue of $141.37 million for the quarter, compared to the consensus estimate of $140.81 million. nCino had a negative net margin of 3.46% and a positive return on equity of 1.62%. nCino's revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.21 EPS. On average, analysts expect nCino to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

nCino Stock Up 4.3%

Shares of NASDAQ:NCNO opened at $25.81 on Wednesday. The firm has a market cap of $2.97 billion, a P/E ratio of -151.81, a P/E/G ratio of 5.77 and a beta of 0.71. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.20. nCino has a 12-month low of $18.75 and a 12-month high of $43.20. The business has a fifty day simple moving average of $24.77 and a 200 day simple moving average of $31.56.

nCino declared that its Board of Directors has initiated a share buyback program on Tuesday, April 1st that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the company to purchase up to 3.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Keefe, Bruyette & Woods reduced their target price on nCino from $40.00 to $28.00 and set an "outperform" rating on the stock in a report on Thursday, April 3rd. Morgan Stanley decreased their price objective on shares of nCino from $39.00 to $23.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 2nd. William Blair downgraded shares of nCino from an "outperform" rating to a "market perform" rating in a research note on Wednesday, April 2nd. Needham & Company LLC cut their price target on shares of nCino from $45.00 to $28.00 and set a "buy" rating on the stock in a research report on Wednesday, April 2nd. Finally, Stephens reiterated an "equal weight" rating and set a $38.00 price target on shares of nCino in a report on Wednesday, April 2nd. Ten research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, nCino presently has an average rating of "Hold" and an average target price of $30.40.

Insider Transactions at nCino

In related news, Director Pierre Naude sold 31,123 shares of nCino stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $20.86, for a total value of $649,225.78. Following the completion of the transaction, the director now directly owns 1,066,090 shares in the company, valued at approximately $22,238,637.40. The trade was a 2.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Gregory Orenstein sold 12,101 shares of nCino stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $20.86, for a total value of $252,426.86. Following the completion of the transaction, the chief financial officer now owns 259,643 shares of the company's stock, valued at approximately $5,416,152.98. This trade represents a 4.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 141,060 shares of company stock worth $3,101,115 in the last 90 days. Insiders own 28.40% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in NCNO. Woodline Partners LP grew its stake in 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 acquiring an additional 6,783 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of nCino by 16.3% in 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 purchasing an additional 39,345 shares during the period. Finally, Millennium Management LLC raised its position in shares of nCino by 16.6% in 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. Hedge funds and other institutional investors 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.

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