Should I buy or sell nCino stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for nCino in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NCNO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NCNO, but not buy additional shares or sell existing shares. View NCNO analyst ratings or view top-rated stocks .

What is nCino's stock price target for 2024?

12 Wall Street analysts have issued 1-year price objectives for nCino's stock. Their NCNO share price targets range from $24.00 to $40.00. On average, they anticipate the company's share price to reach $33.40 in the next year. This suggests a possible upside of 13.2% from the stock's current price. View analysts price targets for NCNO or view top-rated stocks among Wall Street analysts .

How have NCNO shares performed in 2023?

nCino's stock was trading at $26.44 at the beginning of 2023. Since then, NCNO stock has increased by 11.6% and is now trading at $29.50. View the best growth stocks for 2023 here .

When is nCino's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 26th 2024. View our NCNO earnings forecast .

How were nCino's earnings last quarter?

nCino, Inc. (NASDAQ:NCNO) posted its quarterly earnings data on Wednesday, November, 29th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The company earned $121.94 million during the quarter, compared to analysts' expectations of $120.63 million. nCino had a negative trailing twelve-month return on equity of 1.15% and a negative net margin of 14.01%. The firm's quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.12) earnings per share.

What ETFs hold nCino's stock?

ETFs with the largest weight of nCino (NASDAQ:NCNO) stock in their portfolio include WisdomTree Cloud Computing Fund (WCLD) , Alger Weatherbie Enduring Growth ETF (AWEG) , Global X FinTech Thematic ETF (FINX) , SPDR FactSet Innovative Technology ETF (XITK) , SPDR S&P Software & Services ETF (XSW) , Wedbush ETFMG Global Cloud Technology ETF (IVES) and Direxion Daily Cloud Computing Bull 2x (CLDL) . Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR) .

What guidance has nCino issued on next quarter's earnings?

nCino issued an update on its fourth quarter earnings guidance on Wednesday, November, 29th. The company provided EPS guidance of $0.11-0.13 for the period, compared to the consensus estimate of $0.13. The company issued revenue guidance of $123.5-125.5 million, compared to the consensus revenue estimate of $125.62 million.

What other stocks do shareholders of nCino own?

Based on aggregate information from My MarketBeat watchlists, some companies that other nCino investors own include NVIDIA (NVDA) , CrowdStrike (CRWD) , Fastly (FSLY) , Twilio (TWLO) , DocuSign (DOCU) , PayPal (PYPL) , Teladoc Health (TDOC) , Zoom Video Communications (ZM) , Advanced Micro Devices (AMD) and ServiceNow (NOW) .

(NCNO) raised $217 million in an IPO on Tuesday, July 14th 2020. The company issued 7,600,000 shares at $28.00-$29.00 per share. BofA Securities, Barclays Capital, KeyBanc Capital Markets and SunTrust Robinson Humphrey acted as the underwriters for the IPO and Piper Sandler, Raymond James and Macquarie Capital (USA) were co-managers.

Who are nCino's major shareholders?

nCino's stock is owned by many different retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (6.66%), JPMorgan Chase & Co. (1.69%), Meritage Group LP (1.51%), Fred Alger Management LLC (1.19%), Bank of New York Mellon Corp (0.87%) and New York State Common Retirement Fund (0.66%). Insiders that own company stock include April Rieger , David Rudow , Gregory Orenstein , Jeanette Sellers , Jeff Horing , Jeffrey W Lunsford, Jeffrey W Lunsford , Joshua L Glover, Joshua L Glover , Matthew Royce Hansen , Pamela Kilday , Pierre Naude , SalesforceCom, Inc, Sean Desmond , Spencer Lake , Trisha Price and William J Ruh . View institutional ownership trends .

How do I buy shares of nCino?

Shares of NCNO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

nCino Stock Price, News & Analysis (NASDAQ:NCNO)

$29.60

+0.30 (+1.02%)

(As of 03:04 PM ET)

Compare

Today's Range: $28.93
▼
$29.71
50-Day Range: $27.58
▼
$31.80
52-Week Range: $19.58
▼
$33.73

Volume: 202,572 shs
Average Volume: 732,399 shs
Market Capitalization: $3.35 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $33.40

nCino MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 13.2% Upside
$33.40 Price Target
Short Interest: Bearish
7.96% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.51
Based on 20 Articles This Week
Insider Trading: Selling Shares
$555,897 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.08) to $0.02 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 out of 5 stars

Computer And Technology Sector

298th out of 588 stocks

Prepackaged Software Industry

80th out of 182 stocks

3.2

Analyst's Opinion

Consensus Rating
nCino has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $33.40, nCino has a forecasted upside of 13.2% from its current price of $29.50.
Amount of Analyst Coverage
nCino has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
7.96% of the float of nCino has been sold short.
Short Interest Ratio / Days to Cover
nCino has a short interest ratio ("days to cover") of 8.
Change versus previous month
Short interest in nCino has recently increased by 0.62%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
nCino does not currently pay a dividend.
Dividend Growth
nCino does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NCNO.

2.5

News and Social Media Coverage

News Sentiment
nCino has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 20 news articles for nCino this week, compared to 3 articles on an average week.
Search Interest
3 people have searched for NCNO on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added nCino to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, nCino insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $555,897.00 in company stock.
Percentage Held by Insiders
38.20% of the stock of nCino is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
95.37% of the stock of nCino is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for nCino are expected to grow in the coming year, from ($0.08) to $0.02 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of nCino is -50.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of nCino is -50.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
nCino has a P/B Ratio of 3.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About nCino Stock (NASDAQ:NCNO)

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, a secure cloud-based solution, which empowers bank employees and leaders with true insight into the bank through an end-to-end platform that spans business lines and combines customer relationship management, customer onboarding, account opening, loan origination, deposit accounts, workflow, credit analysis, enterprise content management, and instant reporting capabilities. The company's nCino IQ, an application suite that utilizes data analytics and artificial intelligence and machine learning to provide its customers with automation and insights into their operations, such as tools for analyzing, measuring, and managing credit risk, as well as to enhance their ability to comply with regulatory requirements. It also offers SimpleNexus, a suite of products that enables loan officers, borrowers, real estate agents, settlement agents, and others to engage in the homeownership process from internet-enabled device. The company serves financial institution customers, including global financial institutions, enterprise banks, regional banks, community banks, credit unions, new market entrants, and independent mortgage banks through sales team comprising business development representatives, account executives, field sales engineers, and customer success managers. nCino, Inc. was incorporated in 2011 and is headquartered in Wilmington, North Carolina.

NCNO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NCNO Stock News Headlines

December 5, 2023 | finance.yahoo.com

Analysts Expect Breakeven For nCino, Inc. (NASDAQ:NCNO) Before Long

December 3, 2023 | americanbankingnews.com

nCino (NASDAQ:NCNO) PT Lowered to $37.00 at Truist Financial

December 6, 2023 | Financial Alphas (Ad)

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December 1, 2023 | finance.yahoo.com

nCino, Inc. (NASDAQ:NCNO) Q3 2024 Earnings Call Transcript

December 1, 2023 | americanbankingnews.com

nCino's (NCNO) Neutral Rating Reaffirmed at Piper Sandler

December 1, 2023 | americanbankingnews.com

nCino (NASDAQ:NCNO) Given "Buy" Rating at Needham & Company LLC

December 1, 2023 | markets.businessinsider.com

Maintaining Buy on nCino: Solid Q3 Performance and Potential for Market Share Growth Despite Macro Headwinds

November 30, 2023 | za.investing.com

nCino, Inc. shares fall as guidance disappoints

December 6, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

November 30, 2023 | finance.yahoo.com

Why nCino (NCNO) Shares Are Falling Today

November 30, 2023 | benzinga.com

Ncino: Q3 Earnings Insights

November 30, 2023 | finance.yahoo.com

nCino (NCNO) Q3 2024 Earnings Call Transcript

November 29, 2023 | finanznachrichten.de

nCino, Inc.: nCino Reports Third Quarter Fiscal Year 2024 Financial Results

November 29, 2023 | sfgate.com

NCino: Fiscal Q3 Earnings Snapshot

November 29, 2023 | finance.yahoo.com

nCino Reports Third Quarter Fiscal Year 2024 Financial Results

November 29, 2023 | finance.yahoo.com

nCino (NASDAQ:NCNO) Surprises With Q3 Sales But Quarterly Guidance Underwhelms

November 29, 2023 | finance.yahoo.com

Ncino Inc (NCNO) Reports Notable Revenue Growth and Improved Margins in Q3 FY2024

November 29, 2023 | msn.com

S&P Futures Tick Higher as Investors Await Key U.S. GDP Data, Salesforce Earnings on Tap

November 29, 2023 | msn.com

nCino Q3 2024 Earnings Preview

November 28, 2023 | benzinga.com

A Preview Of Ncino's Earnings

November 28, 2023 | finance.yahoo.com

nCino Earnings: What To Look For From NCNO

November 21, 2023 | finance.yahoo.com

Alba Bank adopts nCino Cloud Banking Platform for SME lending

November 15, 2023 | finance.yahoo.com

OneSavings Bank Bolsters its Technology Stack Through Strategic Partnership with nCino

November 14, 2023 | finance.yahoo.com

nCino Announces Timing of its Third Quarter Fiscal Year 2024 Financial Results Conference Call

November 7, 2023 | finance.yahoo.com

Insider Sell: Joshua Glover Sells 10,693 Shares of Ncino Inc

October 24, 2023 | msn.com

nCino gains amid pitch at Robin Hood Investors conference

October 17, 2023 | finance.yahoo.com

Citizens Bank Adopts Multiple nCino Solutions to Provide a Seamless Customer Experience Across Lines of Business

See More Headlines

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Company Calendar

Last Earnings: 11/29/2023
Today: 12/06/2023
Fiscal Year End: 1/31/2024
Next Earnings (Estimated): 3/26/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:NCNO
CUSIP: N/A
CIK: 1566895
Web: www.ncino.com
Phone: 888-676-2466
Fax: N/A
Employees: 1,791
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $33.40
High Stock Price Target: $40.00
Low Stock Price Target: $24.00
Potential Upside/Downside: +14.8%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.58)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-102,720,000.00
Net Margins: -14.01%
Pretax Margin: -12.99%
Return on Equity: -1.15%
Return on Assets: -0.91%

Debt

Debt-to-Equity Ratio: 0.05
Current Ratio: 1.10
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $408.32 million
Price / Sales: 8.06
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $9.22 per share
Price / Book: 3.16

Miscellaneous

Outstanding Shares: 113,130,000
Free Float: 69,916,000
Market Cap: $3.29 billion
Optionable: Not Optionable
Beta: 0.39

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Key Executives

Mr. Pierre Naude (Age 64)
Co-Founder, Chairman & CEO
Comp: $900.61k
Mr. Joshua L. Glover (Age 44)
President & Chief Revenue Officer
Comp: $659.4k
Mr. Gregory D. Orenstein (Age 54)
CFO & Treasurer
Comp: $500.77k
Ms. April Rieger (Age 43)
Chief Legal & Compliance Officer and Secretary
Comp: $411.32k
Mr. Matthew Hansen (Age 44)
Chief Product Officer
Comp: $439.48k
Mr. Pullen Daniel
Co-Founder, Executive VP of Corporate Development & Strategy
Ms. Katie Smith
Director of Operations
Jeanette Sellers
Vice President of Accounting
Mr. Chris Ainsworth
Chief People Officer
Mr. Sean Desmond (Age 50)
Chief Customer Success Officer
Comp: $451.28k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NCNO Stock Analysis - Frequently Asked Questions

Should I buy or sell nCino stock right now?: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for nCino in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NCNO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NCNO, but not buy additional shares or sell existing shares.
View NCNO analyst ratings or view top-rated stocks.
What is nCino's stock price target for 2024?: 12 Wall Street analysts have issued 1-year price objectives for nCino's stock. Their NCNO share price targets range from $24.00 to $40.00. On average, they anticipate the company's share price to reach $33.40 in the next year. This suggests a possible upside of 13.2% from the stock's current price.
View analysts price targets for NCNO or view top-rated stocks among Wall Street analysts.
How have NCNO shares performed in 2023?: nCino's stock was trading at $26.44 at the beginning of 2023. Since then, NCNO stock has increased by 11.6% and is now trading at $29.50.
View the best growth stocks for 2023 here.
When is nCino's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 26th 2024.
View our NCNO earnings forecast.
How were nCino's earnings last quarter?: nCino, Inc. (NASDAQ:NCNO) posted its quarterly earnings data on Wednesday, November, 29th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The company earned $121.94 million during the quarter, compared to analysts' expectations of $120.63 million. nCino had a negative trailing twelve-month return on equity of 1.15% and a negative net margin of 14.01%. The firm's quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.12) earnings per share.
What ETFs hold nCino's stock?: ETFs with the largest weight of nCino (NASDAQ:NCNO) stock in their portfolio include WisdomTree Cloud Computing Fund (WCLD), Alger Weatherbie Enduring Growth ETF (AWEG), Global X FinTech Thematic ETF (FINX), SPDR FactSet Innovative Technology ETF (XITK), SPDR S&P Software & Services ETF (XSW), Wedbush ETFMG Global Cloud Technology ETF (IVES) and Direxion Daily Cloud Computing Bull 2x (CLDL).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR).

What guidance has nCino issued on next quarter's earnings?: nCino issued an update on its fourth quarter earnings guidance on Wednesday, November, 29th. The company provided EPS guidance of $0.11-0.13 for the period, compared to the consensus estimate of $0.13. The company issued revenue guidance of $123.5-125.5 million, compared to the consensus revenue estimate of $125.62 million.
What other stocks do shareholders of nCino own?: Based on aggregate information from My MarketBeat watchlists, some companies that other nCino investors own include NVIDIA (NVDA), CrowdStrike (CRWD), Fastly (FSLY), Twilio (TWLO), DocuSign (DOCU), PayPal (PYPL), Teladoc Health (TDOC), Zoom Video Communications (ZM), Advanced Micro Devices (AMD) and ServiceNow (NOW).
When did nCino IPO?: (NCNO) raised $217 million in an IPO on Tuesday, July 14th 2020. The company issued 7,600,000 shares at $28.00-$29.00 per share. BofA Securities, Barclays Capital, KeyBanc Capital Markets and SunTrust Robinson Humphrey acted as the underwriters for the IPO and Piper Sandler, Raymond James and Macquarie Capital (USA) were co-managers.
Who are nCino's major shareholders?: nCino's stock is owned by many different retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (6.66%), JPMorgan Chase & Co. (1.69%), Meritage Group LP (1.51%), Fred Alger Management LLC (1.19%), Bank of New York Mellon Corp (0.87%) and New York State Common Retirement Fund (0.66%). Insiders that own company stock include April Rieger, David Rudow, Gregory Orenstein, Jeanette Sellers, Jeff Horing, Jeffrey W Lunsford, Jeffrey W Lunsford, Joshua L Glover, Joshua L Glover, Matthew Royce Hansen, Pamela Kilday, Pierre Naude, SalesforceCom, Inc, Sean Desmond, Spencer Lake, Trisha Price and William J Ruh.
View institutional ownership trends.
How do I buy shares of nCino?: Shares of NCNO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:NCNO) was last updated on 12/6/2023 by MarketBeat.com Staff

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nCino Stock Price, News & Analysis (NASDAQ:NCNO)

nCino MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About nCino Stock (NASDAQ:NCNO)

NCNO Stock Price History

NCNO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NCNO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™