nCino (NASDAQ:NCNO) Price Target Raised to $22.00 at Barclays

nCino (NASDAQ:NCNO) had its target price raised by equities research analysts at Barclays from $21.00 to $22.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s target price indicates a potential upside of 30.59% from the company’s current price.

Several other analysts have also commented on NCNO. Needham & Company LLC decreased their price target on shares of nCino from $38.00 to $25.00 and set a “buy” rating for the company in a research report on Wednesday. Zacks Research lowered shares of nCino from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Citizens Jmp decreased their target price on shares of nCino from $41.00 to $32.00 and set a “market outperform” rating for the company in a research report on Wednesday. Truist Financial cut their price target on shares of nCino from $27.00 to $19.00 and set a “hold” rating on the stock in a report on Wednesday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of nCino in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.07.

nCino Stock Up 12.5%

NASDAQ NCNO traded up $1.87 during midday trading on Wednesday, hitting $16.85. 9,889,528 shares of the company traded hands, compared to its average volume of 2,388,919. 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 company has a market cap of $1.93 billion, a PE ratio of -93.88, a price-to-earnings-growth ratio of 2.84 and a beta of 0.59. The company’s 50-day simple moving average is $17.32 and its 200-day simple moving average is $22.80. nCino has a 52 week low of $13.80 and a 52 week high of $33.92.

nCino (NASDAQ:NCNO) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.16. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.The firm had revenue of $149.67 million during the quarter, compared to analysts’ expectations of $147.41 million. During the same period in the prior year, the business posted $0.12 EPS. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. As a group, equities research analysts forecast that nCino will post 0.12 earnings per share for the current year.

nCino declared that its board has initiated a share buyback program on Monday, December 8th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to buy up to 3.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling at nCino

In other news, SVP Jeanette Sellers sold 2,182 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $18.26, for a total transaction of $39,843.32. Following the sale, the senior vice president directly owned 43,219 shares of the company’s stock, valued at $789,178.94. The trade was a 4.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Pierre Naude sold 24,273 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $18.68, for a total value of $453,419.64. Following the completion of the transaction, the director owned 1,166,823 shares of the company’s stock, valued at $21,796,253.64. This trade represents a 2.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 69,803 shares of company stock valued at $1,345,743. Company insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On nCino

A number of institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE increased its holdings in nCino by 475.1% in the 3rd quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock worth $68,146,000 after buying an additional 2,076,579 shares during the period. Millennium Management LLC lifted its stake in nCino by 262.8% during the 4th quarter. Millennium Management LLC now owns 2,341,532 shares of the company’s stock valued at $60,037,000 after acquiring an additional 1,696,051 shares during the period. Senvest Management LLC boosted its holdings in shares of nCino by 68.6% in the 4th quarter. Senvest Management LLC now owns 4,078,276 shares of the company’s stock valued at $104,567,000 after acquiring an additional 1,658,868 shares during the last quarter. Wellington Management Group LLP acquired a new stake in shares of nCino in the third quarter worth $36,962,000. Finally, Ophir Asset Management Pty Ltd acquired a new stake in shares of nCino in the fourth quarter worth $33,985,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

Key Headlines Impacting nCino

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Q4 beat — nCino posted non‑GAAP EPS of $0.37 (vs. $0.21 est.) and revenue of $149.7M, beating consensus and marking another strong quarter of EPS surprises. Read More.
• Positive Sentiment: Customer metrics improve — Annual Contract Value (ACV) rose ~17% to $602.4M with a 112% net retention rate, signaling healthy customer traction and recurring revenue growth. Read More.
• Positive Sentiment: Shareholder returns & FCF guide — Management outlined fiscal 2027 free cash flow of $132M–$137M and announced a $100M accelerated share repurchase, which can support EPS and investor sentiment. Read More.
• Neutral Sentiment: Analysts still see upside despite cuts — Several firms cut targets but kept constructive stances (examples: Keefe KBW to $24, Stephens to $26, Citizens JMP to $32, Needham to $25), leaving implied upside from current levels. Read More.
• Negative Sentiment: Multiple price‑target reductions — A cluster of firms trimmed targets (some sharply), reflecting reduced conviction on valuation or longer‑term growth cadence; Morgan Stanley also cut its target and issued a cautious note. Read More.
• Negative Sentiment: Mixed signals on re‑rating — Strong near‑term results and buybacks are offset by lower long‑run estimates from analysts, leaving the stock in a tug‑of‑war between fundamental momentum and valuation/forecast risk. Read More.

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.