nCino (NASDAQ:NCNO) Raised to Strong-Buy at Zacks Research

nCino (NASDAQ:NCNO) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Several other brokerages have also recently issued reports on NCNO. Barclays boosted their price target on nCino from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of nCino in a research report on Thursday, January 22nd. Keefe, Bruyette & Woods dropped their target price on shares of nCino from $36.00 to $24.00 and set an “outperform” rating for the company in a report on Wednesday. Needham & Company LLC dropped their price objective on shares of nCino from $38.00 to $25.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, UBS Group restated a “buy” rating and set a $36.00 price objective on shares of nCino in a research report on Tuesday, December 9th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, nCino presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.07.

nCino Stock Up 10.6%

NCNO stock opened at $16.57 on Tuesday. nCino has a 1-year low of $13.80 and a 1-year high of $33.92. The firm has a market capitalization of $1.90 billion, a PE ratio of 331.40, a PEG ratio of 2.94 and a beta of 0.59. The business’s 50 day simple moving average is $17.19 and its 200 day simple moving average is $22.76. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.24.

nCino (NASDAQ:NCNO) last announced its earnings results on Tuesday, March 31st. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.21 by $0.16. The business had revenue of $149.67 million during the quarter, compared to the consensus estimate of $147.41 million. nCino had a net margin of 0.87% and a return on equity of 4.75%. nCino’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.12 EPS. As a group, research analysts anticipate that nCino will post 0.12 EPS for the current year.

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

Insider Buying and Selling

In related news, Director Pierre Naude sold 24,273 shares of nCino stock in a transaction on Tuesday, February 3rd. The shares were 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 of the company’s stock, valued at approximately $21,796,253.64. This trade represents a 2.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Gregory Orenstein sold 10,562 shares of the business’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $18.68, for a total transaction of $197,298.16. Following the sale, the chief financial officer owned 451,184 shares of the company’s stock, valued at $8,428,117.12. This trade represents a 2.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 69,803 shares of company stock worth $1,345,743 over the last quarter. Corporate insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On nCino

Several hedge funds and other institutional investors have recently made changes to their positions in NCNO. Bank of America Corp DE boosted its stake in nCino by 475.1% during the 3rd quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock valued at $68,146,000 after purchasing an additional 2,076,579 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of nCino by 262.8% in the fourth quarter. Millennium Management LLC now owns 2,341,532 shares of the company’s stock valued at $60,037,000 after purchasing an additional 1,696,051 shares in the last quarter. Senvest Management LLC boosted its position in shares of nCino by 68.6% during the fourth quarter. Senvest Management LLC now owns 4,078,276 shares of the company’s stock valued at $104,567,000 after buying an additional 1,658,868 shares during the last quarter. Wellington Management Group LLP purchased a new position in shares of nCino during the third quarter valued at approximately $36,962,000. Finally, Ophir Asset Management Pty Ltd bought a new stake in nCino during the fourth quarter worth $33,985,000. 94.76% of the stock is owned by institutional investors.

Trending Headlines about nCino

Here are the key news stories impacting nCino this week:

• Positive Sentiment: Q4 results beat consensus — non‑GAAP EPS $0.37 vs ~$0.21 estimate and revenue ~$149.7M; management pointed to 17% ACV growth and 112% net retention, signaling healthier subscription dynamics. nCino Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Management set FY‑2027 targets including $132M–$137M free cash flow and a 10% ACV growth target — guidance that underpins the rally by giving investors a clearer path to cash generation and stabilization. NCino outlines fiscal 2027 free cash flow of $132M-$137M
• Positive Sentiment: $100M Accelerated Share Repurchase announced — a direct capital-allocation action that typically supports near‑term EPS and signals confidence from management/board. nCino Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Company commentary and analyst writeups point to AI adoption and platform pricing as organic upside drivers — investors are treating AI traction as a catalyst for revenue/ACV acceleration. NCNO Q4 Deep Dive: AI Adoption and Platform Pricing Drive Upside, New Leadership Announced
• Neutral Sentiment: New leadership updates and the full earnings call/transcript are now available for investors to assess execution risk and product road map; these details will matter for conviction but are neither clearly bullish nor bearish yet. nCino (NCNO) Q4 2026 Earnings Call Transcript
• Negative Sentiment: Several Wall Street firms trimmed price targets and forecasts after the print (Goldman Sachs, Keefe Bruyette & Woods, Stephens, Truist, Needham, Robert W. Baird among others) — the cuts signal lingering skepticism about valuation or longer‑term growth cadence despite the beat. These Analysts Slash Their Forecasts On nCino Following Q4 Results
• Negative Sentiment: Separate analyst notes (Morgan Stanley, Robert W. Baird) issued more pessimistic near‑term outlooks — a reminder that consensus remains mixed and that multiple price‑target downgrades could cap upside until execution proves durable. Robert W. Baird Has Lowered Expectations for nCino

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.