nCino (NASDAQ:NCNO) Releases FY26 Earnings Guidance

nCino (NASDAQ:NCNO) issued an update on its FY26 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.66-0.69 for the period, compared to the consensus estimate of $0.88. The company issued revenue guidance of $574.5-578.5 million, compared to the consensus revenue estimate of $612.09 million. nCino also updated its Q1 guidance to $0.15-0.16 EPS.

Analysts Set New Price Targets

NCNO has been the subject of several analyst reports. Macquarie raised their price objective on nCino from $40.00 to $43.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Piper Sandler reaffirmed a “neutral” rating and set a $38.00 price objective on shares of nCino in a research note on Thursday, December 5th. Morgan Stanley reduced their target price on shares of nCino from $41.00 to $39.00 and set an “equal weight” rating on the stock in a research note on Friday, December 6th. Keefe, Bruyette & Woods lowered their target price on shares of nCino from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Raymond James decreased their price objective on shares of nCino from $44.00 to $42.00 and set an “outperform” rating for the company in a report on Tuesday, March 25th. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, nCino presently has an average rating of “Moderate Buy” and a consensus price target of $41.36.

nCino Stock Up 2.4 %

Shares of nCino stock traded up $0.65 during trading on Tuesday, reaching $28.12. The company’s stock had a trading volume of 2,855,544 shares, compared to its average volume of 1,215,091. nCino has a 1-year low of $21.50 and a 1-year high of $43.20. The company has a 50-day simple moving average of $31.32 and a two-hundred day simple moving average of $34.21. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.20. The company has a market cap of $3.26 billion, a price-to-earnings ratio of -165.40, a P/E/G ratio of 5.77 and a beta of 0.66.

Insiders Place Their Bets

In other news, insider April Rieger sold 4,325 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $32.60, for a total transaction of $140,995.00. Following the transaction, the insider now owns 145,953 shares in the company, valued at $4,758,067.80. This represents a 2.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Sean Desmond sold 5,034 shares of nCino stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $32.60, for a total transaction of $164,108.40. Following the completion of the sale, the chief executive officer now owns 306,477 shares of the company’s stock, valued at $9,991,150.20. This trade represents a 1.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 86,877 shares of company stock valued at $2,963,893. 28.40% of the stock is currently owned by corporate insiders.

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.