Recent Analysts’ Ratings Changes for nCino (NCNO)

A number of firms have modified their ratings and price targets on shares of nCino (NASDAQ: NCNO) recently:

• 5/29/2025 – nCino had its “neutral” rating reaffirmed by analysts at Piper Sandler. They now have a $28.00 price target on the stock, up previously from $25.00.
• 5/29/2025 – nCino was given a new $28.00 price target on by analysts at UBS Group AG.
• 5/29/2025 – nCino had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a $31.00 price target on the stock, up previously from $24.00.
• 5/29/2025 – nCino had its price target raised by analysts at Keefe, Bruyette & Woods from $28.00 to $33.00. They now have an “outperform” rating on the stock.
• 5/29/2025 – nCino had its price target raised by analysts at Truist Financial Co. from $21.00 to $27.00. They now have a “hold” rating on the stock.
• 5/29/2025 – nCino had its price target raised by analysts at Morgan Stanley from $27.00 to $29.00. They now have an “equal weight” rating on the stock.
• 5/29/2025 – nCino had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $33.00 price target on the stock.
• 5/27/2025 – nCino had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $32.00 price target on the stock.
• 5/23/2025 – nCino had its “positive” rating reaffirmed by analysts at Morgan Stanley.
• 5/23/2025 – nCino had its price target raised by analysts at Morgan Stanley from $23.00 to $27.00. They now have an “equal weight” rating on the stock.
• 5/22/2025 – nCino had its price target raised by analysts at Needham & Company LLC from $28.00 to $33.00. They now have a “buy” rating on the stock.
• 5/21/2025 – nCino had its “sector perform” rating reaffirmed by analysts at Scotiabank. They now have a $26.00 price target on the stock, up previously from $19.00.
• 5/21/2025 – nCino had its price target raised by analysts at Stephens from $24.00 to $28.00. They now have an “equal weight” rating on the stock.
• 4/23/2025 – nCino had its price target lowered by analysts at Piper Sandler from $28.00 to $25.00. They now have a “neutral” rating on the stock.
• 4/10/2025 – nCino had its price target raised by analysts at Bank of America Co. from $22.00 to $26.00. They now have a “neutral” rating on the stock.

nCino Stock Performance

Shares of NASDAQ NCNO traded up $0.78 during mid-day trading on Tuesday, hitting $26.97. The company had a trading volume of 738,352 shares, compared to its average volume of 1,513,864. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.95 and a quick ratio of 1.95. The business’s 50-day simple moving average is $24.33 and its 200-day simple moving average is $30.60. nCino, Inc. has a 12 month low of $18.75 and a 12 month high of $43.20. The firm has a market cap of $3.13 billion, a P/E ratio of -158.64, a PEG ratio of 5.77 and a beta of 0.71.

nCino (NASDAQ:NCNO) last announced its earnings results on Tuesday, April 1st. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.06). The business had revenue of $141.37 million during the quarter, compared to the consensus estimate of $140.81 million. nCino had a negative net margin of 3.46% and a positive return on equity of 1.62%. The company’s revenue was up 14.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.21 EPS. As a group, analysts predict that nCino, Inc. will post 0.12 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Pierre Naude sold 31,123 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $20.86, for a total transaction of $649,225.78. Following the completion of the sale, the director now directly owns 1,066,090 shares of the company’s stock, valued at approximately $22,238,637.40. The trade was a 2.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Gregory Orenstein sold 12,101 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $20.86, for a total transaction of $252,426.86. Following the completion of the transaction, the chief financial officer now directly owns 259,643 shares of the company’s stock, valued at $5,416,152.98. The trade was a 4.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 141,060 shares of company stock worth $3,101,115 in the last quarter. 5.70% of the stock is owned by company insiders.

Institutional Trading of nCino

Several institutional investors have recently added to or reduced their stakes in NCNO. Asset Management One Co. Ltd. boosted its stake in shares of nCino by 16.5% during the fourth quarter. Asset Management One Co. Ltd. now owns 2,279 shares of the company’s stock worth $78,000 after buying an additional 323 shares during the period. Victory Capital Management Inc. increased its stake in nCino by 2.9% during the 4th quarter. Victory Capital Management Inc. now owns 12,124 shares of the company’s stock worth $407,000 after buying an additional 340 shares during the period. Advisors Capital Management LLC increased its position in shares of nCino by 0.7% in the 1st quarter. Advisors Capital Management LLC now owns 66,270 shares of the company’s stock worth $1,820,000 after purchasing an additional 479 shares during the last quarter. Handelsbanken Fonder AB boosted its stake in nCino by 2.2% in the 4th quarter. Handelsbanken Fonder AB now owns 23,000 shares of the company’s stock worth $772,000 after purchasing an additional 500 shares during the period. Finally, Covestor Ltd boosted its position in nCino by 27.6% during the 1st quarter. Covestor Ltd now owns 2,388 shares of the company’s stock worth $66,000 after acquiring an additional 517 shares during the period. Institutional investors and hedge funds own 94.76% of the company’s stock.

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.