Analysts Set nCino Inc. (NASDAQ:NCNO) PT at $33.94

nCino Inc. (NASDAQ:NCNO) has been assigned a consensus recommendation of “Hold” from the twenty-one analysts that are covering the company, MarketBeat reports. Twelve equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $33.9375.

Several equities research analysts have recently issued reports on the company. Raymond James Financial raised their target price on nCino from $35.00 to $36.00 and gave the company an “outperform” rating in a research report on Wednesday, August 27th. Barclays lifted their price objective on nCino from $31.00 to $37.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Bank of America lifted their price objective on nCino from $34.00 to $38.00 and gave the stock a “neutral” rating in a report on Wednesday, August 27th. Stephens lifted their price objective on nCino from $24.00 to $28.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 21st. Finally, Piper Sandler lifted their price objective on nCino from $28.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, August 27th.

nCino Trading Down 0.2%

Shares of nCino stock opened at $30.40 on Wednesday. nCino has a 1 year low of $18.75 and a 1 year high of $43.20. The firm has a market cap of $3.52 billion, a PE ratio of -104.83, a P/E/G ratio of 20.08 and a beta of 0.71. The stock has a fifty day moving average price of $29.13 and a 200-day moving average price of $27.35. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 1.03.

nCino (NASDAQ:NCNO) last announced its earnings results on Tuesday, August 26th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.08. nCino had a positive return on equity of 1.18% and a negative net margin of 5.86%.The firm had revenue of $148.82 million during the quarter, compared to analyst estimates of $143.17 million. During the same period last year, the firm posted $0.14 EPS. The business’s revenue was up 12.4% compared to the same quarter last year. nCino has set its FY 2026 guidance at 0.770-0.800 EPS. Q3 2026 guidance at 0.200-0.21 EPS. Equities research analysts anticipate that nCino will post 0.12 EPS for the current year.

Insider Buying and Selling

In other nCino news, Director Pierre Naude sold 4,659 shares of nCino stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $27.45, for a total transaction of $127,889.55. Following the completion of the transaction, the director owned 1,192,461 shares of the company’s stock, valued at $32,733,054.45. The trade was a 0.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider April Rieger sold 3,028 shares of nCino stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $27.45, for a total value of $83,118.60. Following the transaction, the insider directly owned 240,523 shares of the company’s stock, valued at $6,602,356.35. The trade was a 1.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 564,772 shares of company stock worth $18,159,324 in the last quarter. 5.70% of the stock is currently owned by company insiders.

Institutional Trading of nCino

A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of nCino by 7.7% during the 1st quarter. Vanguard Group Inc. now owns 11,666,955 shares of the company’s stock valued at $320,491,000 after acquiring an additional 836,182 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of nCino by 50.2% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,867,463 shares of the company’s stock valued at $133,710,000 after acquiring an additional 1,626,446 shares during the last quarter. Long Path Partners LP boosted its position in shares of nCino by 61.1% during the 2nd quarter. Long Path Partners LP now owns 4,787,869 shares of the company’s stock valued at $133,917,000 after acquiring an additional 1,815,868 shares during the last quarter. Soma Equity Partners LP boosted its position in shares of nCino by 5.7% during the 4th quarter. Soma Equity Partners LP now owns 2,917,681 shares of the company’s stock valued at $97,976,000 after acquiring an additional 156,238 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of nCino by 140.5% during the 4th quarter. Ameriprise Financial Inc. now owns 2,900,467 shares of the company’s stock valued at $97,398,000 after acquiring an additional 1,694,218 shares during the last quarter. Institutional investors own 94.76% of the company’s stock.

About nCino

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.