nCino (NASDAQ:NCNO) Given New $25.00 Price Target at Citizens Jmp

nCino (NASDAQ:NCNO) had its price objective increased by investment analysts at Citizens Jmp from $23.00 to $25.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “market outperform” rating on the stock. Citizens Jmp’s target price suggests a potential upside of 20.13% from the stock’s previous close.

A number of other brokerages have also weighed in on NCNO. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of nCino in a research report on Wednesday, June 24th. Citigroup reiterated a “market outperform” rating on shares of nCino in a report on Wednesday. UBS Group reiterated a “buy” rating on shares of nCino in a report on Wednesday. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of nCino in a research note on Wednesday. Finally, Piper Sandler began coverage on nCino in a research note on Monday. They set an “overweight” rating and a $25.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $24.93.

nCino Stock Down 0.7%

Shares of NASDAQ:NCNO opened at $20.81 on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a market capitalization of $2.28 billion, a PE ratio of 173.42 and a beta of 0.66. The firm has a fifty day moving average of $17.90 and a 200 day moving average of $16.87. nCino has a 52-week low of $13.80 and a 52-week high of $33.92.

Insider Buying and Selling at nCino

In other news, insider April Rieger sold 7,852 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $19.22, for a total value of $150,915.44. Following the completion of the sale, the insider directly owned 375,749 shares of the company’s stock, valued at $7,221,895.78. This trade represents a 2.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jeanette Sellers sold 1,536 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $19.53, for a total value of $29,998.08. Following the sale, the senior vice president owned 48,453 shares in the company, valued at $946,287.09. The trade was a 3.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 83,350 shares of company stock worth $1,568,144. Insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On nCino

Institutional investors and hedge funds have recently modified their holdings of the business. Hawk Ridge Capital Management LP raised its stake in shares of nCino by 625.4% in the 1st quarter. Hawk Ridge Capital Management LP now owns 4,481,810 shares of the company’s stock valued at $67,138,000 after buying an additional 3,864,010 shares in the last quarter. Algebris UK Ltd. increased its holdings in nCino by 266.2% during the 4th quarter. Algebris UK Ltd. now owns 1,032,782 shares of the company’s stock valued at $26,493,000 after purchasing an additional 750,744 shares in the last quarter. American Capital Management Inc. lifted its position in nCino by 17.1% during the 1st quarter. American Capital Management Inc. now owns 2,375,396 shares of the company’s stock worth $35,583,000 after buying an additional 347,587 shares in the last quarter. Hsbc Holdings PLC bought a new stake in shares of nCino during the fourth quarter valued at approximately $3,982,000. Finally, Spyglass Capital Management LLC raised its position in shares of nCino by 6.0% during the first quarter. Spyglass Capital Management LLC now owns 3,085,237 shares of the company’s stock worth $46,217,000 after acquiring an additional 175,357 shares during the last quarter. 94.76% of the stock is owned by institutional investors.

Key nCino News

Here are the key news stories impacting nCino this week:

• Positive Sentiment: nCino reported adjusted earnings of $0.30 per share, above the $0.28 consensus estimate and up from $0.22 a year earlier. Revenue reached approximately $161 million, increased 8.2% year over year, and exceeded analyst expectations. nCino Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management said early customers are using their initial credits for nCino’s agentic AI solutions and returning to purchase additional credits. This suggests growing customer engagement and potential recurring revenue opportunities for the company’s AI banking platform. Banks Double Down on nCino AI Agents
• Positive Sentiment: The board authorized an additional $100 million stock-repurchase program. Buybacks can support per-share results and signal that management believes the shares are attractively valued. nCino Reports Second Quarter Fiscal Year 2027 Financial Results
• Neutral Sentiment: Fiscal third-quarter revenue guidance of $161.3 million to $163.3 million and full-year revenue guidance of $644 million to $647 million are broadly consistent with analyst expectations, offering limited evidence of a major forecast upgrade. nCino Q2 2027 Earnings Call Transcript
• Negative Sentiment: One report showed GAAP EPS of $0.05, substantially below the $0.27 consensus estimate, despite the adjusted-earnings beat. The discrepancy may concern investors, particularly with NCNO trading at a high earnings multiple. nCino Earnings Report

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.