nCino (NASDAQ:NCNO) Raised to “Overweight” at Piper Sandler

nCino (NASDAQ:NCNO) was upgraded by stock analysts at Piper Sandler from a “neutral” rating to an “overweight” rating in a report issued on Wednesday, Marketbeat.com reports. The firm presently has a $22.00 price objective on the stock, down from their previous price objective of $30.00. Piper Sandler’s price target would suggest a potential upside of 28.65% from the company’s current price.

NCNO has been the topic of several other reports. Needham & Company LLC dropped their price target on nCino from $38.00 to $25.00 and set a “buy” rating on the stock in a research note on Wednesday. BTIG Research initiated coverage on shares of nCino in a research report on Tuesday, December 16th. They set a “neutral” rating for the company. Robert W. Baird lowered their price objective on shares of nCino from $34.00 to $24.00 and set an “outperform” rating for the company in a research note on Tuesday. Weiss Ratings reissued a “sell (d-)” rating on shares of nCino in a research note on Thursday, January 22nd. Finally, UBS Group restated a “buy” rating and issued a $36.00 price target on shares of nCino in a report on Tuesday, December 9th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.07.

nCino Stock Performance

Shares of nCino stock opened at $17.10 on Wednesday. The business has a 50-day moving average price of $17.05 and a two-hundred day moving average price of $22.72. nCino has a 1-year low of $13.80 and a 1-year high of $33.92. The company has a current ratio of 1.00, a quick ratio of 1.01 and a debt-to-equity ratio of 0.25. The company has a market cap of $1.96 billion, a P/E ratio of 342.00, a PEG ratio of 3.25 and a beta of 0.61.

nCino (NASDAQ:NCNO) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.16. nCino had a return on equity of 4.75% and a net margin of 0.87%.The company had revenue of $149.67 million for the quarter, compared to the consensus estimate of $147.41 million. During the same period in the previous year, the business earned $0.12 EPS. The firm’s revenue was up 5.9% compared to the same quarter last year. As a group, analysts anticipate that nCino will post 0.12 EPS for the current year.

nCino declared that its Board of Directors has authorized a stock buyback plan on Monday, December 8th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 3.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at nCino

In other news, CEO Sean Desmond sold 16,047 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total value of $299,757.96. Following the transaction, the chief executive officer owned 602,550 shares in the company, valued at $11,255,634. This trade represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider April Rieger sold 8,078 shares of nCino stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total value of $150,897.04. Following the transaction, the insider directly owned 221,696 shares in the company, valued at approximately $4,141,281.28. The trade was a 3.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 69,803 shares of company stock worth $1,345,743. 5.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On nCino

Large investors have recently bought and sold shares of the stock. Ranger Investment Management L.P. grew its stake in shares of nCino by 48.2% in the 3rd quarter. Ranger Investment Management L.P. now owns 1,157,751 shares of the company’s stock worth $31,387,000 after acquiring an additional 376,506 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of nCino by 1.7% in the third quarter. Vanguard Group Inc. now owns 11,924,703 shares of the company’s stock valued at $323,279,000 after purchasing an additional 201,499 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in shares of nCino during the third quarter valued at about $1,397,000. Cramer Rosenthal Mcglynn LLC lifted its position in shares of nCino by 19.8% during the third quarter. Cramer Rosenthal Mcglynn LLC now owns 375,310 shares of the company’s stock valued at $10,175,000 after purchasing an additional 62,142 shares in the last quarter. Finally, Shannon River Fund Management LLC boosted its holdings in nCino by 27.4% during the third quarter. Shannon River Fund Management LLC now owns 1,578,896 shares of the company’s stock worth $42,804,000 after purchasing an additional 339,863 shares during the last quarter. 94.76% of the stock is currently owned by institutional investors.

nCino News Summary

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Q4 results beat expectations — non‑GAAP EPS $0.37 vs. ~$0.21 consensus and revenue $149.7M (y/y +5.9%). Management also provided conference materials and commentary that underpinned the beat. nCino (NCNO) Q4 2026 Earnings Call Transcript
• Positive Sentiment: Company guidance/targets for fiscal 2027: FCF $132M–$137M and a targeted ~10% ACV growth — gives investors a clearer path to cash flow improvement and subscription expansion. NCino outlines fiscal 2027 free cash flow of $132M-$137M while targeting 10% ACV growth
• Positive Sentiment: Analysts / market commentary point to product-led upside — firm notes AI adoption, platform pricing and new leadership as drivers that could lift margins and ARR/ACV momentum. NCNO Q4 Deep Dive: AI Adoption and Platform Pricing Drive Upside, New Leadership Announced
• Positive Sentiment: Catalyst from analyst support — Barclays and Piper Sandler issued overweight/upgrade actions (Barclays raised its PT to $22, Piper moved to overweight), lending institutional support to the beat-and-guide narrative. Barclays raises PT; Piper Sandler upgrade (Benzinga)
• Neutral Sentiment: Short‑term market reaction: NCNO has extended a multi‑day rally following the results and outlook; momentum may continue while investors digest guidance vs. long‑term margins. nCino (NCNO) Rallies 10.6% on Upbeat Growth Outlook
• Neutral Sentiment: Zacks highlights that the street’s average price target implies a large upside (~75%), but cautions that such averages can be volatile; use as a directional signal rather than a firm valuation. Wall Street Analysts Predict a 75.44% Upside in nCino (NCNO)
• Negative Sentiment: Several firms trimmed price targets and some forecasts after the print (Goldman, Keefe Bruyette, Needham, Stephens, Truist and others), which increases near‑term uncertainty around valuation and dampens conviction despite the beat. These Analysts Slash Their Forecasts On nCino Following Q4 Results (Benzinga)
• Negative Sentiment: Institutional caution from some shops — Morgan Stanley and Robert W. Baird issued pessimistic/less‑bullish notes, which could pressure performance if sentiment sours or execution slips. Morgan Stanley Issues Pessimistic Forecast for nCino

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.