nCino (NCNO) Stock Forecast & Price Target

$33.54

+1.22 (+3.77%)

(As of 07/26/2024 ET)

nCino - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 12 Analyst Ratings

Based on 12 Wall Street analysts who have issued ratings for nCino in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 4 have given a hold rating, and 8 have given a buy rating for NCNO.

Consensus Price Target

$36.64
9.23% Upside

High Forecast	$43.00
Average Forecast	$36.64
Low Forecast	$30.00

According to the 12 analysts' twelve-month price targets for nCino, the average price target is $36.64. The highest price target for NCNO is $43.00, while the lowest price target for NCNO is $30.00. The average price target represents a forecasted upside of 9.23% from the current price of $33.54.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$36.64	$35.64	$35.91	$32.54
Forecasted Upside	9.23% Upside	15.35% Upside	15.72% Upside	19.98% Upside

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NCNO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NCNO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

nCino Stock vs. The Competition

Type	nCino	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.67	2.61	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	9.23% Upside	553.20% Upside	9.09% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/22/2024	JMP Securities 2 of 5 stars	A. Kimson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$43.00	+34.46%
7/1/2024	Piper Sandler 2 of 5 stars		Reiterated Rating	Overweight ➝ Overweight	$38.00 ➝ $38.00	+20.83%
6/26/2024	William Blair 2 of 5 stars		Reiterated Rating	Outperform
5/30/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Equal Weight	$35.00 ➝ $35.00	+16.86%
5/30/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$37.00 ➝ $36.00	+19.40%
5/30/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$42.00 ➝ $42.00	+39.30%
Get the Latest News and Ratings for NCNO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for nCino and its competitors with MarketBeat's FREE daily newsletter.
4/9/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$41.00	+18.22%
3/27/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$27.00 ➝ $30.00	-15.87%
11/30/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$40.00 ➝ $37.00	+33.72%
9/29/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$32.00 ➝ $36.00	+13.85%
8/30/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$28.00 ➝ $33.00	+11.94%
8/30/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$27.00 ➝ $32.00	+8.55%
7/12/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$32.00	+3.69%
6/1/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Reiterates
3/14/2023	Piper Sandler Companies Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral
12/1/2022	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$35.00 ➝ $30.00	+14.85%
11/2/2022	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$42.00	+36.90%
9/22/2022	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jackson Ader Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform	$40.00	+11.73%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:13 AM ET.

NCNO Forecast - Frequently Asked Questions

What is nCino's forecast for 2024?: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for nCino is $36.64, with a high forecast of $43.00 and a low forecast of $30.00.
Should I buy or sell nCino stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for nCino in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NCNO shares.
Does nCino's stock price have much upside?: According to analysts, nCino's stock has a predicted upside of 17.74% based on their 12-month stock forecasts.
What analysts cover nCino?: nCino has been rated by research analysts at JMP Securities, Needham & Company LLC, Piper Sandler, Robert W. Baird, Stephens, and William Blair in the past 90 days.
Do Wall Street analysts like nCino more than its competitors?: Analysts like nCino more than other "computer and technology" companies. The consensus rating score for nCino is 2.67 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how NCNO compares to other companies.