nCino (NASDAQ:NCNO) Receives “Outperform” Rating from William Blair

William Blair reaffirmed their outperform rating on shares of nCino (NASDAQ:NCNOFree Report) in a research report released on Wednesday, RTT News reports. William Blair also issued estimates for nCino’s Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.03 EPS and FY2026 earnings at $0.00 EPS.

A number of other research firms have also recently weighed in on NCNO. Needham & Company LLC reiterated a buy rating and issued a $42.00 target price on shares of nCino in a research note on Thursday, May 30th. Stephens reiterated an equal weight rating and issued a $35.00 target price on shares of nCino in a research note on Thursday, May 30th. Robert W. Baird dropped their price target on shares of nCino from $37.00 to $36.00 and set a neutral rating on the stock in a research note on Thursday, May 30th. Morgan Stanley upped their price target on shares of nCino from $27.00 to $30.00 and gave the company an equal weight rating in a research note on Wednesday, March 27th. Finally, Keefe, Bruyette & Woods started coverage on shares of nCino in a research note on Tuesday, April 9th. They set an outperform rating and a $41.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus price target of $35.64.

Check Out Our Latest Stock Report on NCNO

nCino Trading Up 0.3 %

Shares of NCNO stock opened at $31.45 on Wednesday. nCino has a 52-week low of $27.13 and a 52-week high of $37.48. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.07 and a current ratio of 1.07. The company has a 50-day simple moving average of $30.79 and a two-hundred day simple moving average of $31.55. The company has a market capitalization of $3.62 billion, a price-to-earnings ratio of -101.45, a PEG ratio of 17.11 and a beta of 0.59.

nCino (NASDAQ:NCNOGet Free Report) last issued its quarterly earnings data on Wednesday, May 29th. The company reported $0.05 earnings per share (EPS) for the quarter. nCino had a negative net margin of 6.94% and a positive return on equity of 1.13%. The business had revenue of $128.09 million during the quarter, compared to the consensus estimate of $126.59 million. Research analysts anticipate that nCino will post 0.08 EPS for the current fiscal year.

Insider Transactions at nCino

In other news, Director Insight Holdings Group, Llc sold 1,031,659 shares of the stock in a transaction on Monday, April 1st. The shares were sold at an average price of $35.20, for a total value of $36,314,396.80. Following the transaction, the director now owns 545,039 shares of the company’s stock, valued at approximately $19,185,372.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Jeff Horing sold 1,871,828 shares of the stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $31.51, for a total transaction of $58,981,300.28. Following the transaction, the director now owns 27,141,639 shares of the company’s stock, valued at approximately $855,233,044.89. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Insight Holdings Group, Llc sold 1,031,659 shares of the stock in a transaction on Monday, April 1st. The shares were sold at an average price of $35.20, for a total transaction of $36,314,396.80. Following the transaction, the director now directly owns 545,039 shares in the company, valued at approximately $19,185,372.80. The disclosure for this sale can be found here. Insiders have sold 3,322,660 shares of company stock valued at $108,539,453 in the last quarter. Insiders own 28.40% of the company’s stock.

Hedge Funds Weigh In On nCino

Several institutional investors and hedge funds have recently made changes to their positions in NCNO. Benjamin F. Edwards & Company Inc. bought a new position in shares of nCino during the 1st quarter valued at $52,000. Covestor Ltd grew its holdings in shares of nCino by 29.6% during the 1st quarter. Covestor Ltd now owns 2,736 shares of the company’s stock valued at $102,000 after purchasing an additional 625 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of nCino by 643.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,538 shares of the company’s stock valued at $113,000 after purchasing an additional 3,062 shares during the last quarter. Lazard Asset Management LLC grew its holdings in shares of nCino by 145.6% during the 1st quarter. Lazard Asset Management LLC now owns 4,516 shares of the company’s stock valued at $168,000 after purchasing an additional 2,677 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of nCino during the 4th quarter valued at $171,000. Institutional investors own 94.76% of the company’s stock.

nCino Company Profile

(Get Free Report)

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 connects financial institution employees, clients and third parties on a single cloud-based platform which include client onboarding, deposit account opening, loan origination, end-to-end mortgage suite, and powerful ecosystem.

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Analyst Recommendations for nCino (NASDAQ:NCNO)

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