nCino (NASDAQ:NCNO) Announces Quarterly Earnings Results

nCino (NASDAQ:NCNO) released its quarterly earnings data on Tuesday. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.07), Zacks reports. nCino had a positive return on equity of 0.19% and a negative net margin of 5.27%. nCino updated its FY 2026 guidance to 0.770-0.800 EPS and its Q3 2026 guidance to 0.200-0.21 EPS.

nCino Stock Up 1.1%

NASDAQ NCNO traded up $0.32 during trading on Tuesday, hitting $28.69. The stock had a trading volume of 3,122,011 shares, compared to its average volume of 1,730,967. The company has a market capitalization of $3.33 billion, a PE ratio of -110.35, a P/E/G ratio of 28.97 and a beta of 0.77. The company’s 50-day moving average price is $28.35 and its two-hundred day moving average price is $27.42. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.05 and a current ratio of 1.05. nCino has a 12 month low of $18.75 and a 12 month high of $43.20.

Insider Buying and Selling

In other news, Director Pierre Naude sold 4,659 shares of the firm’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $27.45, for a total value of $127,889.55. Following the completion of the transaction, the director owned 1,192,461 shares in the company, valued at $32,733,054.45. This trade represents a 0.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Gregory Orenstein sold 4,155 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $27.45, for a total value of $114,054.75. Following the transaction, the chief financial officer directly owned 466,099 shares in the company, valued at $12,794,417.55. This trade represents a 0.88% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,603 shares of company stock worth $593,002 over the last 90 days. 5.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in NCNO. Balyasny Asset Management L.P. acquired a new position in shares of nCino during the 2nd quarter worth approximately $26,238,000. Palisade Capital Management LP acquired a new position in shares of nCino during the 2nd quarter worth approximately $7,934,000. Bamco Inc. NY increased its holdings in shares of nCino by 12.0% during the 2nd quarter. Bamco Inc. NY now owns 2,052,953 shares of the company’s stock worth $57,421,000 after acquiring an additional 220,028 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in nCino by 3,932.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 171,921 shares of the company’s stock valued at $4,809,000 after buying an additional 167,658 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in nCino in the 2nd quarter valued at $4,163,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Barclays restated an “overweight” rating and set a $31.00 target price (up previously from $24.00) on shares of nCino in a report on Thursday, May 29th. JMP Securities increased their target price on nCino from $32.00 to $35.00 and gave the stock a “market outperform” rating in a report on Monday, June 9th. Scotiabank restated a “sector perform” rating and set a $26.00 target price (up previously from $19.00) on shares of nCino in a report on Wednesday, May 21st. Piper Sandler restated a “neutral” rating and set a $28.00 target price (up previously from $25.00) on shares of nCino in a report on Thursday, May 29th. Finally, Keefe, Bruyette & Woods increased their target price on nCino from $28.00 to $33.00 and gave the stock an “outperform” rating in a report on Thursday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, nCino currently has a consensus rating of “Moderate Buy” and an average target price of $31.13.

About nCino

nCino, Inc, a software-as-a-service company, provides cloud-based software applications to financial institutions in the United States and internationally. Its nCino Bank Operating System connects financial institution employees, clients and third parties on a single cloud-based platform which include client onboarding, deposit account opening, loan origination, end-to-end mortgage suite, and powerful ecosystem.