nCino Inc. (NASDAQ:NCNO) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of nCino Inc. (NASDAQ:NCNO) have been given a consensus rating of “Moderate Buy” by the nineteen brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $25.50.

NCNO has been the subject of several recent research reports. JPMorgan Chase & Co. lifted their price objective on nCino from $16.00 to $17.00 and gave the stock a “neutral” rating in a report on Monday, June 22nd. Wall Street Zen upgraded shares of nCino from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Research downgraded shares of nCino from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Weiss Ratings raised shares of nCino from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, May 28th. Finally, The Goldman Sachs Group dropped their price target on shares of nCino from $24.00 to $21.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th.

nCino Stock Performance

Shares of NCNO opened at $20.81 on Wednesday. The firm has a market cap of $2.28 billion, a PE ratio of 173.42 and a beta of 0.66. The stock’s fifty day moving average price is $17.90 and its two-hundred day moving average price is $16.87. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.89 and a quick ratio of 0.89. nCino has a 1 year low of $13.80 and a 1 year high of $33.92.

nCino News Summary

Here are the key news stories impacting nCino this week:

• Positive Sentiment: nCino reported second-quarter fiscal 2027 revenue of approximately $161 million, up 8.2% year over year and ahead of analyst expectations near $159 million. The company also authorized an additional $100 million stock repurchase program, which could support per-share value and signal management confidence. nCino Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management said banks that initially adopted nCino’s agentic AI products have consumed their initial credit bundles and returned to purchase more. This suggests customer usage and monetization of AI agents are gaining traction, potentially creating an additional growth avenue beyond the core banking platform. Banks Double Down on nCino AI Agents After Using Initial Credits
• Neutral Sentiment: nCino guided for third-quarter fiscal 2027 revenue of $161.3 million to $163.3 million and full-year revenue of $644 million to $647 million. Both ranges are broadly in line with consensus estimates, offering limited evidence of a major near-term forecast upgrade. nCino Q2 2027 Earnings Call Transcript
• Negative Sentiment: Reported earnings were mixed. One data source listed EPS at $0.05, well below a $0.27 consensus estimate, while Zacks reported adjusted EPS of $0.30 versus expectations of $0.28. The discrepancy may reflect different earnings measures, but the reported GAAP miss can weigh on investor sentiment and raises questions about profitability quality. nCino Tops Q2 Earnings and Revenue Estimates

Insider Buying and Selling at nCino

In other nCino news, insider April Rieger sold 7,852 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $19.22, for a total transaction of $150,915.44. Following the sale, the insider owned 375,749 shares in the company, valued at $7,221,895.78. This represents a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Pierre Naude sold 4,677 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $19.22, for a total value of $89,891.94. Following the completion of the transaction, the director directly owned 1,116,707 shares of the company’s stock, valued at $21,463,108.54. The trade was a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 83,350 shares of company stock worth $1,568,144. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Hawk Ridge Capital Management LP increased its stake in nCino by 625.4% in the 1st quarter. Hawk Ridge Capital Management LP now owns 4,481,810 shares of the company’s stock worth $67,138,000 after acquiring an additional 3,864,010 shares during the last quarter. Algebris UK Ltd. boosted its position in shares of nCino by 266.2% during the 4th quarter. Algebris UK Ltd. now owns 1,032,782 shares of the company’s stock valued at $26,493,000 after acquiring an additional 750,744 shares during the last quarter. American Capital Management Inc. grew its holdings in shares of nCino by 17.1% during the first quarter. American Capital Management Inc. now owns 2,375,396 shares of the company’s stock worth $35,583,000 after purchasing an additional 347,587 shares in the last quarter. Hsbc Holdings PLC purchased a new position in shares of nCino during the fourth quarter worth about $3,982,000. Finally, Spyglass Capital Management LLC increased its position in shares of nCino by 6.0% in the first quarter. Spyglass Capital Management LLC now owns 3,085,237 shares of the company’s stock worth $46,217,000 after purchasing an additional 175,357 shares during the last quarter. Hedge funds and other institutional investors own 94.76% of the company’s stock.

About nCino

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.