nCino (NASDAQ:NCNO) Releases Q1 2025 Earnings Guidance

nCino (NASDAQ:NCNO) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.130-0.140 for the period, compared to the consensus estimate of 0.120. The company issued revenue guidance of $126.0 million-$127.0 million, compared to the consensus revenue estimate of $128.9 million. nCino also updated its FY 2025 guidance to 0.600-0.640 EPS.

Analyst Ratings Changes

Several research firms have commented on NCNO. Robert W. Baird raised their target price on shares of nCino from $34.00 to $36.00 and gave the company a neutral rating in a research note on Wednesday. William Blair reaffirmed an outperform rating on shares of nCino in a research note on Wednesday. Piper Sandler reissued an overweight rating and issued a $42.00 price objective on shares of nCino in a research note on Wednesday. Truist Financial decreased their target price on nCino from $40.00 to $37.00 and set a buy rating for the company in a research note on Thursday, November 30th. Finally, Morgan Stanley boosted their price target on shares of nCino from $27.00 to $30.00 and gave the stock an equal weight rating in a research report on Wednesday. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, nCino has an average rating of Moderate Buy and a consensus price target of $35.40.

nCino Trading Up 4.1 %

NASDAQ NCNO opened at $37.38 on Friday. nCino has a 1 year low of $21.26 and a 1 year high of $37.48. The stock’s 50-day moving average price is $30.79 and its two-hundred day moving average price is $30.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.10 and a current ratio of 1.17.

Insider Activity

In related news, Director Steven A. Collins sold 3,700 shares of the firm’s stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $35.56, for a total value of $131,572.00. Following the completion of the transaction, the director now owns 67,216 shares of the company’s stock, valued at approximately $2,390,200.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Steven A. Collins sold 3,700 shares of the company’s stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $35.56, for a total transaction of $131,572.00. Following the transaction, the director now directly owns 67,216 shares of the company’s stock, valued at $2,390,200.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Pierre Naude sold 5,767 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $31.22, for a total value of $180,045.74. Following the sale, the chief executive officer now owns 1,024,253 shares of the company’s stock, valued at $31,977,178.66. The disclosure for this sale can be found here. Insiders have sold 32,935 shares of company stock worth $1,069,845 over the last 90 days. 38.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in NCNO. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of nCino by 32.8% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 7,324,045 shares of the company’s stock worth $181,490,000 after acquiring an additional 1,808,829 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of nCino by 19.5% during the 3rd quarter. Vanguard Group Inc. now owns 6,996,554 shares of the company’s stock valued at $238,653,000 after buying an additional 1,143,370 shares during the last quarter. BlackRock Inc. grew its stake in shares of nCino by 0.6% in the 2nd quarter. BlackRock Inc. now owns 3,266,239 shares of the company’s stock valued at $98,379,000 after buying an additional 18,536 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of nCino by 0.7% in the 1st quarter. JPMorgan Chase & Co. now owns 2,211,199 shares of the company’s stock valued at $54,793,000 after buying an additional 15,779 shares in the last quarter. Finally, Wasatch Advisors LP increased its holdings in nCino by 8.7% in the first quarter. Wasatch Advisors LP now owns 1,708,380 shares of the company’s stock worth $42,334,000 after buying an additional 136,659 shares during the last quarter. Institutional investors and hedge funds 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, a secure cloud-based solution, which empowers bank employees and leaders with true insight into the bank through an end-to-end platform that spans business lines and combines customer relationship management, customer onboarding, account opening, loan origination, deposit accounts, workflow, credit analysis, enterprise content management, and instant reporting capabilities.