nCino (NASDAQ:NCNO) Price Target Lowered to $32.00 at Citizens Jmp

nCino (NASDAQ:NCNO) had its target price reduced by equities researchers at Citizens Jmp from $41.00 to $32.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “market outperform” rating on the stock. Citizens Jmp’s target price indicates a potential upside of 93.67% from the company’s current price.

Several other equities analysts have also recently commented on NCNO. Piper Sandler upgraded shares of nCino from a “neutral” rating to an “overweight” rating and cut their target price for the company from $30.00 to $22.00 in a research note on Wednesday. Truist Financial dropped their price objective on shares of nCino from $32.00 to $27.00 and set a “hold” rating on the stock in a report on Thursday, December 4th. JPMorgan Chase & Co. cut their price objective on shares of nCino from $30.00 to $16.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Robert W. Baird decreased their target price on nCino from $34.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of nCino in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $27.47.

nCino Stock Performance

NASDAQ NCNO traded up $1.54 during trading on Wednesday, hitting $16.52. The company’s stock had a trading volume of 5,578,921 shares, compared to its average volume of 2,311,439. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.24. The firm has a 50 day moving average price of $17.32 and a 200 day moving average price of $22.80. The firm has a market cap of $1.89 billion, a P/E ratio of -91.40, a price-to-earnings-growth ratio of 2.84 and a beta of 0.59. nCino has a 52 week low of $13.80 and a 52 week high of $33.92.

nCino (NASDAQ:NCNO) last posted its quarterly earnings data on Tuesday, March 31st. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.16. The company had revenue of $149.67 million during 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%.nCino’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.12 earnings per share. Equities research analysts forecast that nCino will post 0.12 earnings per share for the current fiscal year.

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

Insiders Place Their Bets

In other nCino news, CEO Sean Desmond sold 16,047 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 $299,757.96. Following the sale, the chief executive officer directly owned 602,550 shares in the company, valued at $11,255,634. This represents a 2.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Pierre Naude sold 24,273 shares of the company’s 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 in the company, valued at $21,796,253.64. This trade represents a 2.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 69,803 shares of company stock worth $1,345,743 in the last 90 days. 5.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On nCino

Several institutional investors and hedge funds have recently made changes to their positions in NCNO. Bank of America Corp DE lifted its position in shares of nCino by 475.1% during the third quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock worth $68,146,000 after purchasing an additional 2,076,579 shares in the last quarter. Millennium Management LLC increased 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 raised its position in nCino by 68.6% in the 4th quarter. Senvest Management LLC now owns 4,078,276 shares of the company’s stock worth $104,567,000 after purchasing an additional 1,658,868 shares during the last quarter. Wellington Management Group LLP acquired a new position in nCino during the 3rd quarter worth $36,962,000. Finally, Ophir Asset Management Pty Ltd acquired a new position in nCino during the 4th quarter worth $33,985,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

Trending Headlines about 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

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.