nCino (NASDAQ:NCNO) Shares Gap Up After Earnings Beat

nCino Inc. (NASDAQ:NCNO)’s stock price gapped up before the market opened on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $14.98, but opened at $18.37. nCino shares last traded at $16.3550, with a volume of 4,005,536 shares changing hands.

The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.16. The company had revenue of $149.67 million for the quarter, compared to analysts’ expectations of $147.41 million. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 earnings per share.

nCino announced that its board has approved a stock repurchase plan on Monday, December 8th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 3.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Key Headlines Impacting nCino

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

Analysts Set New Price Targets

A number of research analysts have issued reports on NCNO shares. JPMorgan Chase & Co. reduced their price target on nCino from $30.00 to $16.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. BTIG Research assumed coverage on shares of nCino in a research note on Tuesday, December 16th. They set a “neutral” rating on the stock. Robert W. Baird reduced their price objective on shares of nCino from $34.00 to $24.00 and set an “outperform” rating for the company in a report on Tuesday. Needham & Company LLC decreased their target price on shares of nCino from $38.00 to $25.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Keefe, Bruyette & Woods raised their target price on shares of nCino from $34.50 to $36.00 and gave the company an “outperform” rating in a research note on Thursday, December 4th. One equities 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 given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $28.07.

Insider Activity at nCino

In other news, Director Pierre Naude sold 24,273 shares of the company’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 sale, the director owned 1,166,823 shares in the company, valued at $21,796,253.64. This represents a 2.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider April Rieger sold 8,078 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total value of $150,897.04. Following the transaction, the insider directly owned 221,696 shares of the company’s stock, valued at $4,141,281.28. This represents a 3.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 69,803 shares of company stock worth $1,345,743 in the last quarter. Company insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On nCino

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its holdings in nCino by 186.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 948 shares of the company’s stock valued at $26,000 after acquiring an additional 617 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of nCino by 68.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,127 shares of the company’s stock worth $32,000 after purchasing an additional 458 shares in the last quarter. CWM LLC raised its holdings in shares of nCino by 255.8% in the 4th quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $29,000 after purchasing an additional 821 shares in the last quarter. AlphaQuest LLC lifted its stake in nCino by 5,022.2% during the third quarter. AlphaQuest LLC now owns 1,383 shares of the company’s stock valued at $37,000 after purchasing an additional 1,356 shares during the last quarter. Finally, Los Angeles Capital Management LLC acquired a new stake in nCino during the fourth quarter valued at approximately $38,000. 94.76% of the stock is currently owned by institutional investors.

nCino Stock Up 9.7%

The stock has a market capitalization of $1.88 billion, a P/E ratio of -90.55, a PEG ratio of 2.84 and a beta of 0.59. 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 stock’s fifty day moving average is $17.32 and its two-hundred day moving average is $22.80.

nCino Company Profile

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.