nCino (NCNO) to Release Earnings on Wednesday

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

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

nCino Trading Down 1.5%

Shares of nCino stock traded down $0.40 on Monday, reaching $26.26. The company had a trading volume of 2,955,053 shares, compared to its average volume of 1,495,785. The firm's 50-day moving average price is $24.58 and its two-hundred day moving average price is $31.12. nCino has a 1 year low of $18.75 and a 1 year high of $43.20. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of -154.46, a P/E/G ratio of 5.77 and a beta of 0.71. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.95 and a quick ratio of 1.95.

nCino declared that its board has authorized a share buyback plan on Tuesday, April 1st that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to buy up to 3.1% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director Pierre Naude sold 31,123 shares of the business's stock in a transaction on Wednesday, April 2nd. The stock was 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 of the company's stock, valued at approximately $22,238,637.40. The trade was a 2.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Gregory Orenstein sold 12,101 shares of the company's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $20.86, for a total value of $252,426.86. Following the sale, the chief financial officer now owns 259,643 shares of the company's stock, valued at $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 a total of 141,060 shares of company stock worth $3,101,115 in the last three months. Corporate insiders own 5.70% of the company's stock.

Hedge Funds Weigh In On nCino

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC boosted its holdings in shares of nCino by 16.6% in the 1st quarter. Millennium Management LLC now owns 303,853 shares of the company's stock valued at $8,347,000 after buying an additional 43,247 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in 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 valued at $7,731,000 after acquiring an additional 39,345 shares during the last quarter. Finally, Woodline Partners LP boosted its stake in nCino by 105.3% in 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. Hedge funds and other institutional investors own 94.76% of the company's stock.

Analysts Set New Price Targets

NCNO has been the subject of a number of recent analyst reports. UBS Group set a $40.00 price target on shares of nCino in a research note on Friday, March 28th. The Goldman Sachs Group lowered nCino from a "buy" rating to a "neutral" rating and dropped their target price for the company from $42.00 to $24.00 in a research report on Wednesday, April 2nd. William Blair downgraded nCino from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd. Stephens boosted their price objective on nCino from $24.00 to $28.00 and gave the company an "equal weight" rating in a report on Wednesday, May 21st. Finally, KeyCorp reaffirmed a "sector weight" rating on shares of nCino in a research report on Monday, February 3rd. Nine equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $30.80.

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.