Truist Financial Lowers nCino (NASDAQ:NCNO) Price Target to $19.00

nCino (NASDAQ:NCNO) had its price objective decreased by equities researchers at Truist Financial from $27.00 to $19.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the stock. Truist Financial’s price objective suggests a potential upside of 16.10% from the stock’s previous close.

Several other brokerages have also weighed in on NCNO. Robert W. Baird cut their target price on nCino from $34.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday. Piper Sandler upgraded nCino from a “neutral” rating to an “overweight” rating and dropped their price target for the stock from $30.00 to $22.00 in a research note on Wednesday. Citizens Jmp cut their price objective on nCino from $41.00 to $32.00 and set a “market outperform” 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. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $26.80.

nCino Trading Up 9.2%

NCNO stock traded up $1.39 on Wednesday, hitting $16.37. 6,055,988 shares of the company were exchanged, compared to its average volume of 2,326,183. nCino has a twelve month low of $13.80 and a twelve month high of $33.92. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.01 and a quick ratio of 1.01. The business’s fifty day moving average is $17.32 and its two-hundred day moving average is $22.80. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of -90.93, a price-to-earnings-growth ratio of 2.84 and a beta of 0.59.

nCino (NASDAQ:NCNO) 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. nCino had a negative net margin of 3.71% and a positive return on equity of 2.28%. The company had revenue of $149.67 million for the quarter, compared to analyst estimates of $147.41 million. During the same quarter last year, the business earned $0.12 EPS. nCino’s revenue for the quarter was up 5.9% on a year-over-year basis. As a group, research analysts forecast that nCino will post 0.12 earnings per share for the current year.

nCino declared that its Board of Directors has approved a share buyback program on Monday, December 8th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 3.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other nCino news, SVP Jeanette Sellers sold 2,182 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $18.26, for a total value of $39,843.32. Following the completion of the transaction, the senior vice president owned 43,219 shares in the company, valued at $789,178.94. This represents a 4.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sean Desmond sold 16,047 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total transaction of $299,757.96. Following the completion of the sale, the chief executive officer directly owned 602,550 shares of the company’s stock, valued at $11,255,634. This trade represents a 2.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 69,803 shares of company stock valued at $1,345,743. Company insiders own 5.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NCNO. Ranger Investment Management L.P. lifted its holdings in 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 buying an additional 376,506 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of nCino by 1.7% during the third quarter. Vanguard Group Inc. now owns 11,924,703 shares of the company’s stock valued at $323,279,000 after acquiring an additional 201,499 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of nCino during the third quarter worth about $1,397,000. Cramer Rosenthal Mcglynn LLC increased 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 worth $10,175,000 after acquiring an additional 62,142 shares during the last quarter. Finally, Shannon River Fund Management LLC lifted its stake in shares of nCino by 27.4% in the third quarter. Shannon River Fund Management LLC now owns 1,578,896 shares of the company’s stock worth $42,804,000 after acquiring an additional 339,863 shares in the last quarter. 94.76% of the stock is currently owned by hedge funds and other institutional investors.

nCino News Summary

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Q4 results beat expectations: nCino reported non?GAAP EPS of $0.37 (well above estimates) and revenue of $149.7M, with ACV up 17% and a fiscal?year ACV net retention rate of 112%. Management also announced a $100M accelerated share repurchase program — all signals of stronger recurring revenue and capital returns. GlobeNewswire
• Positive Sentiment: Fiscal?2027 outlook and cash generation: management outlined free cash flow guidance of $132M–$137M and a target of ~10% ACV growth, which supports valuation re?rating if execution continues. Seeking Alpha
• Positive Sentiment: Analyst ratings largely remain constructive: several firms (Needham, Piper Sandler, Morgan Stanley, Robert W. Baird) maintained or moved to buy/overweight ratings despite trimming price targets — indicating continued analyst conviction in medium?term growth. See Benzinga/TickerReport coverage. Benzinga TickerReport
• Neutral Sentiment: Investors are parsing the earnings call and slides for execution details (AI initiatives, ACV composition and margin cadence); transcripts and call highlights are available for deeper diligence. Yahoo Finance Earnings Call Transcript
• Negative Sentiment: Price?target trims and forecast cuts: multiple firms cut their price targets (examples: Morgan Stanley $36?$21, Piper Sandler $30?$22, Robert W. Baird $34?$24, Needham $38?$25) and some analysts slashed near?term forecasts, reflecting tempered expectations on margin expansion and growth cadence. Benzinga
• Negative Sentiment: Morgan Stanley published a pessimistic short?term view on NCNO’s trajectory, which could pressure sentiment if execution or guidance misses going forward. American Banking News

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.