nCino (NASDAQ:NCNO – Get Free Report) had its price target lowered by stock analysts at Truist Financial from $27.00 to $19.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial’s price target would indicate a potential upside of 11.11% from the stock’s current price.
A number of other research analysts have also recently weighed in on the company. Citizens Jmp reduced their target price on nCino from $41.00 to $32.00 and set a “market outperform” rating on the stock in a report on Wednesday. Needham & Company LLC cut their price objective on nCino from $38.00 to $25.00 and set a “buy” rating on the stock in a report on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of nCino in a research note on Thursday, January 22nd. JPMorgan Chase & Co. decreased their target price on nCino from $30.00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Finally, Piper Sandler raised shares of nCino from a “neutral” rating to an “overweight” rating and dropped their target price for the stock from $30.00 to $22.00 in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $26.07.
Get Our Latest Stock Report on NCNO
nCino Stock Performance
nCino (NASDAQ:NCNO – Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.16. The company had revenue of $149.67 million for the quarter, compared to analyst estimates of $147.41 million. nCino had a net margin of 0.87% and a return on equity of 4.75%. nCino’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the business earned $0.12 EPS. Sell-side analysts anticipate that nCino will post 0.12 EPS for the current year.
nCino declared that its Board of Directors has approved a share 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 usually a sign that the company’s board believes its stock is undervalued.
Insider Activity
In other news, SVP Jeanette Sellers sold 2,182 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $18.26, for a total transaction of $39,843.32. Following the completion of the transaction, the senior vice president directly owned 43,219 shares in the company, valued at approximately $789,178.94. This represents a 4.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider April Rieger sold 8,078 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 transaction of $150,897.04. Following the sale, the insider directly owned 221,696 shares of the company’s stock, valued at $4,141,281.28. The trade was a 3.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 69,803 shares of company stock worth $1,345,743 over the last quarter. Corporate insiders own 5.70% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Millennium Management LLC grew its holdings in nCino by 16.6% during the 1st quarter. Millennium Management LLC now owns 303,853 shares of the company’s stock worth $8,347,000 after acquiring an additional 43,247 shares in the last quarter. Woodline Partners LP increased its position in shares of nCino by 105.3% in the 1st quarter. Woodline Partners LP now owns 13,227 shares of the company’s stock worth $363,000 after purchasing an additional 6,783 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of nCino by 16.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 281,435 shares of the company’s stock valued at $7,731,000 after purchasing an additional 39,345 shares in the last quarter. Creative Planning bought a new position in shares of nCino during the second quarter worth about $568,000. Finally, Legal & General Group Plc lifted its position in shares of nCino by 14.4% during the second quarter. Legal & General Group Plc now owns 114,299 shares of the company’s stock worth $3,197,000 after purchasing an additional 14,407 shares during the last quarter. 94.76% of the stock is currently owned by institutional investors.
nCino News Roundup
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.
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