nCino Inc. (NASDAQ:NCNO) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of nCino Inc. (NASDAQ:NCNO) have received an average recommendation of “Moderate Buy” from the twenty-two analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, nine have given a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $33.2667.

Several equities research analysts have weighed in on the stock. Stephens raised shares of nCino from a “hold” rating to an “overweight” rating in a research note on Monday, October 27th. UBS Group restated a “buy” rating and issued a $36.00 target price on shares of nCino in a research note on Tuesday, December 9th. Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 price target on shares of nCino in a research note on Thursday, December 4th. Zacks Research raised nCino from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Finally, Barclays decreased their price objective on nCino from $37.00 to $34.00 and set an “overweight” rating for the company in a report on Monday.

nCino Trading Down 0.6%

Shares of NCNO stock opened at $24.50 on Tuesday. The company has a market cap of $2.81 billion, a P/E ratio of -136.11, a PEG ratio of 6.48 and a beta of 0.55. nCino has a fifty-two week low of $18.75 and a fifty-two week high of $35.43. The stock has a 50 day simple moving average of $25.34 and a two-hundred day simple moving average of $27.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.01 and a current ratio of 1.01.

nCino (NASDAQ:NCNO) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.20 by $0.11. nCino had a negative net margin of 3.71% and a positive return on equity of 2.28%. The company had revenue of $152.16 million during the quarter, compared to the consensus estimate of $147.31 million. During the same quarter last year, the firm posted $0.21 EPS. The company’s quarterly revenue was up 9.6% on a year-over-year basis. nCino has set its FY 2026 guidance at 0.900-0.910 EPS and its Q4 2026 guidance at 0.210-0.220 EPS. Research analysts forecast that nCino will post 0.12 earnings per share for the current year.

nCino announced that its board has initiated a stock repurchase plan on Monday, December 8th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to reacquire up to 3.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling at nCino

In other nCino news, CFO Gregory Orenstein sold 4,353 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $25.81, for a total transaction of $112,350.93. Following the transaction, the chief financial officer owned 461,746 shares in the company, valued at approximately $11,917,664.26. This represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider April Rieger sold 4,731 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $25.81, for a total transaction of $122,107.11. Following the completion of the transaction, the insider directly owned 229,774 shares in the company, valued at $5,930,466.94. This trade represents a 2.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,449 shares of company stock worth $848,867 in the last ninety days. 5.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On nCino

A number of hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its holdings in nCino by 186.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock worth $26,000 after purchasing an additional 617 shares in the last quarter. Advisors Asset Management Inc. boosted its position in shares of nCino by 68.5% during the second quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock valued at $32,000 after buying an additional 458 shares during the last quarter. AlphaQuest LLC grew its holdings in nCino by 5,022.2% during the third quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock worth $37,000 after buying an additional 1,356 shares in the last quarter. Hilltop National Bank bought a new stake in nCino during the second quarter worth $42,000. Finally, Quarry LP raised its position in nCino by 138.2% in the 3rd quarter. Quarry LP now owns 1,701 shares of the company’s stock valued at $46,000 after buying an additional 987 shares during the last quarter. Institutional investors and hedge funds own 94.76% of the company’s stock.

nCino Company Profile

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.