nCino (NASDAQ:NCNO) Updates FY 2025 Earnings Guidance

nCino (NASDAQ:NCNO) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.600-0.640 for the period, compared to the consensus earnings per share estimate of 0.560. The company issued revenue guidance of $538.5 million-$544.5 million, compared to the consensus revenue estimate of $545.7 million. nCino also updated its FY25 guidance to $0.60-0.64 EPS.

nCino Stock Up 4.1 %

nCino stock opened at $37.38 on Friday. nCino has a 52-week low of $21.26 and a 52-week high of $37.48. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.17 and a quick ratio of 1.10. The firm has a 50-day moving average price of $30.79 and a two-hundred day moving average price of $30.77.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Truist Financial decreased their price objective on nCino from $40.00 to $37.00 and set a buy rating for the company in a report on Thursday, November 30th. Morgan Stanley increased their price objective on shares of nCino from $27.00 to $30.00 and gave the company an equal weight rating in a report on Wednesday. Robert W. Baird lifted their target price on nCino from $34.00 to $36.00 and gave the stock a neutral rating in a report on Wednesday. William Blair reaffirmed an outperform rating on shares of nCino in a report on Wednesday. Finally, Needham & Company LLC upped their price target on shares of nCino from $40.00 to $42.00 and gave the company a buy rating in a research report on Wednesday. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average price target of $35.40.

Insiders Place Their Bets

In other news, Director Steven A. Collins sold 3,700 shares of the stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $35.56, for a total value of $131,572.00. Following the completion of the transaction, the director now owns 67,216 shares in the company, valued at approximately $2,390,200.96. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, VP Jeanette Sellers sold 3,850 shares of nCino stock in a transaction that occurred on Friday, January 5th. The shares were sold at an average price of $33.73, for a total value of $129,860.50. Following the completion of the transaction, the vice president now owns 22,387 shares in the company, valued at $755,113.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven A. Collins sold 3,700 shares of the stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $35.56, for a total value of $131,572.00. Following the sale, the director now owns 67,216 shares in the company, valued at approximately $2,390,200.96. The disclosure for this sale can be found here. Insiders have sold 32,935 shares of company stock worth $1,069,845 over the last 90 days. Corporate insiders own 38.20% of the company’s stock.

Hedge Funds Weigh In On nCino

A number of large investors have recently modified their holdings of the stock. State of Wyoming raised its position in shares of nCino by 56.8% during the fourth quarter. State of Wyoming now owns 1,350 shares of the company’s stock worth $36,000 after acquiring an additional 489 shares during the last quarter. UBS Group AG increased its holdings in nCino by 218.7% in the third quarter. UBS Group AG now owns 1,807 shares of the company’s stock valued at $62,000 after purchasing an additional 1,240 shares during the last quarter. Advisory Services Network LLC increased its holdings in nCino by 41.7% in the first quarter. Advisory Services Network LLC now owns 5,545 shares of the company’s stock valued at $137,000 after purchasing an additional 1,633 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in nCino by 47.9% in the first quarter. Advisors Asset Management Inc. now owns 3,429 shares of the company’s stock valued at $141,000 after buying an additional 1,111 shares during the period. Finally, MetLife Investment Management LLC bought a new position in nCino during the first quarter worth about $149,000. 94.76% of the stock is currently owned by institutional investors and hedge funds.

nCino Company Profile

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, a secure cloud-based solution, which empowers bank employees and leaders with true insight into the bank through an end-to-end platform that spans business lines and combines customer relationship management, customer onboarding, account opening, loan origination, deposit accounts, workflow, credit analysis, enterprise content management, and instant reporting capabilities.