nCino (NASDAQ:NCNO) Reaches New 52-Week Low – Here’s Why

nCino Inc. (NASDAQ:NCNO) shares reached a new 52-week low on Tuesday . The stock traded as low as $15.69 and last traded at $15.7790, with a volume of 275483 shares changing hands. The stock had previously closed at $16.14.

Wall Street Analyst Weigh In

NCNO has been the subject of several research reports. Truist Financial reduced their target price on nCino from $32.00 to $27.00 and set a “hold” rating for the company in a research note on Thursday, December 4th. Piper Sandler cut their price target on nCino from $34.00 to $30.00 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Raymond James Financial raised nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 price objective for the company in a research note on Monday, October 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 target price on shares of nCino in a research report on Thursday, December 4th. Finally, Barclays reduced their price target on shares of nCino from $37.00 to $34.00 and set an “overweight” rating for the company in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $33.27.

nCino Stock Performance

The company has a 50-day moving average of $23.29 and a 200-day moving average of $25.74. The company has a market cap of $1.86 billion, a PE ratio of -89.89, a PEG ratio of 3.18 and a beta of 0.55. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.24.

nCino (NASDAQ:NCNO) last released its quarterly earnings results on Wednesday, December 3rd. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.11. nCino had a positive return on equity of 2.28% and a negative net margin of 3.71%.The business had revenue of $152.16 million during the quarter, compared to analyst estimates of $147.31 million. nCino’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.21 EPS. nCino has set its FY 2026 guidance at 0.900-0.910 EPS and its Q4 2026 guidance at 0.210-0.220 EPS. As a group, analysts anticipate that nCino Inc. will post 0.12 earnings per share for the current year.

nCino declared that its board has authorized a share repurchase plan on Monday, December 8th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 3.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at nCino

In other nCino news, Director Pierre Naude sold 24,273 shares of the company’s stock in a transaction dated 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 directly owned 1,166,823 shares of the company’s stock, valued at approximately $21,796,253.64. This represents a 2.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Jeanette Sellers sold 2,182 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $18.26, for a total transaction of $39,843.32. Following the completion of the sale, the senior vice president owned 43,219 shares of the company’s stock, valued at approximately $789,178.94. This trade represents a 4.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 78,641 shares of company stock valued at $1,559,400 in the last quarter. 5.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of NCNO. Vanguard Group Inc. increased its stake in shares of nCino by 1.7% during the 3rd quarter. Vanguard Group Inc. now owns 11,924,703 shares of the company’s stock worth $323,279,000 after purchasing an additional 201,499 shares during the last quarter. Long Path Partners LP grew its holdings in nCino by 61.1% during the second quarter. Long Path Partners LP now owns 4,787,869 shares of the company’s stock valued at $133,917,000 after purchasing an additional 1,815,868 shares during the period. Senvest Management LLC increased its position in nCino by 68.6% in the fourth quarter. Senvest Management LLC now owns 4,078,276 shares of the company’s stock worth $104,567,000 after buying an additional 1,658,868 shares during the last quarter. Conestoga Capital Advisors LLC increased its position in nCino by 25.7% in the fourth quarter. Conestoga Capital Advisors LLC now owns 2,861,024 shares of the company’s stock worth $73,357,000 after buying an additional 585,786 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of nCino by 475.1% in the third quarter. Bank of America Corp DE now owns 2,513,686 shares of the company’s stock valued at $68,146,000 after buying an additional 2,076,579 shares during the period. Hedge funds and other institutional investors own 94.76% of the company’s stock.

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.