Wall Street Zen Upgrades nCino (NASDAQ:NCNO) to Buy

Key Points

• Wall Street Zen upgraded nCino to "Buy", joining other bullish moves even as multiple firms cut price targets; analysts' consensus is a Moderate Buy with an average target of $26.07.
• Q4 earnings beat expectations: nCino reported $0.37 EPS vs. $0.21 expected and revenue of $149.67M (up 5.9% year‑over‑year), beating revenue estimates of $147.41M.
• Board authorized a $100 million share repurchase (about 3.7% of shares) while insiders have sold stock recently; the shares trade near $17.10 with a market cap around $1.96B.

nCino (NASDAQ:NCNO - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Saturday.

A number of other brokerages also recently commented on NCNO. Piper Sandler raised nCino from a "neutral" rating to an "overweight" rating and lowered their price objective for the company from $30.00 to $22.00 in a report on Wednesday. Stephens cut their price objective on nCino from $34.00 to $26.00 and set an "overweight" rating for the company in a research report on Wednesday. Keefe, Bruyette & Woods reduced their target price on nCino from $36.00 to $24.00 and set an "outperform" rating for the company in a report on Wednesday. Truist Financial decreased their target price on shares of nCino from $27.00 to $19.00 and set a "hold" rating on the stock in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of nCino in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $26.07.

nCino Price Performance

Shares of nCino stock opened at $17.10 on Friday. nCino has a one year low of $13.80 and a one year high of $33.92. The company has a market cap of $1.96 billion, a P/E ratio of 342.00, a PEG ratio of 3.35 and a beta of 0.61. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.01 and a current ratio of 1.00. The firm has a fifty day moving average of $16.90 and a two-hundred day moving average of $22.63.

nCino (NASDAQ:NCNO - Get Free Report) last issued its earnings results on Tuesday, March 31st. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.16. nCino had a net margin of 0.87% and a return on equity of 4.75%. The business had revenue of $149.67 million for the quarter, compared to the consensus estimate of $147.41 million. During the same quarter in the previous year, the firm earned $0.12 earnings per share. The business's quarterly revenue was up 5.9% compared to the same quarter last year. On average, analysts forecast that nCino will post 0.12 earnings per share for the current year.

nCino announced that its board has authorized a share repurchase program on Monday, December 8th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 3.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

Insider Transactions at nCino

In other nCino news, insider April Rieger sold 8,078 shares of the company's stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total value of $150,897.04. Following the sale, the insider owned 221,696 shares of the company's stock, valued at approximately $4,141,281.28. This represents a 3.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Pierre Naude sold 24,273 shares of the firm's stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total value of $453,419.64. Following the completion of the transaction, the director owned 1,166,823 shares of the company's stock, valued at approximately $21,796,253.64. This represents a 2.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 113,572 shares of company stock worth $2,078,874 over the last ninety days. 5.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On nCino

Several institutional investors and hedge funds have recently made changes to their positions in the business. FNY Investment Advisers LLC increased its holdings in nCino by 15.9% during the 4th quarter. FNY Investment Advisers LLC now owns 3,228 shares of the company's stock valued at $82,000 after acquiring an additional 444 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of nCino by 68.5% in the second 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. US Bancorp DE lifted its holdings in shares of nCino by 1.6% in the third quarter. US Bancorp DE now owns 32,042 shares of the company's stock valued at $869,000 after purchasing an additional 501 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of nCino by 186.4% in 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 during the last quarter. Finally, Lecap Asset Management Ltd. grew its position in shares of nCino by 2.3% in the fourth quarter. Lecap Asset Management Ltd. now owns 31,163 shares of the company's stock valued at $799,000 after purchasing an additional 691 shares during the last quarter. 94.76% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting nCino

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Earnings beat and upbeat growth outlook: nCino reported stronger‑than‑expected Q4 results and an improved FY27 growth outlook, which drove a post‑earnings gap up and multi‑day rally as investors priced in faster adoption. Read More.
• Positive Sentiment: Analyst upgrades: Several bullish moves include Piper Sandler raising nCino to "Overweight", Barclays forecasting strong price appreciation, and Zacks upgrading the stock to "Strong‑Buy" — these lift buy‑side interest and support near‑term demand. Read More. Read More. Read More.
• Positive Sentiment: Consensus upside in street price targets: The average of analyst price targets implies a material upside (~75% per one note), signaling that some investors still see significant recovery potential if growth and AI monetization accelerate. Read More.
• Neutral Sentiment: Business outlook detail — AI and pricing power highlighted: A deep‑dive piece points to AI adoption and platform pricing as primary drivers of upside and notes a leadership change; these factors are positive but require execution to move the valuation materially. Read More.
• Negative Sentiment: Multiple cautious/pessimistic analyst notes: Several firms (Citizens JMP, Truist, Goldman Sachs, Needham, Stephens, Keefe Bruyette & Woods, Robert W. Baird) issued lowered expectations or pessimistic forecasts — adding selling pressure and capping near‑term upside despite the beat. Read More. Read More. Read More. Read More. Read More. Read More. Read More.

About nCino

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.