nCino (NASDAQ:NCNO) Releases Q1 Earnings Guidance

nCino (NASDAQ:NCNO) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.15-0.16 for the period, compared to the consensus earnings per share estimate of $0.21. The company issued revenue guidance of $138.75-140.75 million, compared to the consensus revenue estimate of $145.22 million. nCino also updated its FY26 guidance to $0.66-0.69 EPS.

nCino Trading Up 2.4 %

NCNO traded up $0.65 during trading on Tuesday, hitting $28.12. 3,160,490 shares of the stock traded hands, compared to its average volume of 1,202,850. The firm has a 50-day moving average of $31.32 and a 200 day moving average of $34.21. nCino has a 12-month low of $27.29 and a 12-month high of $43.20. The firm has a market capitalization of $3.26 billion, a P/E ratio of -165.40, a price-to-earnings-growth ratio of 5.77 and a beta of 0.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.95 and a quick ratio of 1.95.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Morgan Stanley lowered their price target on nCino from $41.00 to $39.00 and set an “equal weight” rating for the company in a research report on Friday, December 6th. UBS Group began coverage on nCino in a research note on Monday, December 16th. They issued a “buy” rating and a $44.00 price target for the company. Raymond James reduced their price objective on shares of nCino from $44.00 to $42.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 25th. Stephens reaffirmed an “equal weight” rating and issued a $38.00 target price on shares of nCino in a research report on Thursday, March 20th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of nCino in a research note on Monday, February 3rd. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, nCino presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.36.

Insider Buying and Selling

In related news, CEO Sean Desmond sold 5,034 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 value of $164,108.40. Following the transaction, the chief executive officer now owns 306,477 shares in the company, valued at $9,991,150.20. The trade was a 1.62 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider April Rieger sold 4,325 shares of the firm’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 sale, the insider now owns 145,953 shares of the company’s stock, valued at approximately $4,758,067.80. This represents a 2.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 86,877 shares of company stock worth $2,963,893 in the last 90 days. Insiders own 28.40% 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.