nCino (NASDAQ:NCNO) Issues Q1 Earnings Guidance

nCino (NASDAQ:NCNO) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $0.15-0.16 for the period, compared to the consensus EPS 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 FY 2026 guidance to 0.660-0.690 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on NCNO shares. Piper Sandler decreased their target price on nCino from $38.00 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday. Keefe, Bruyette & Woods reduced their price objective on shares of nCino from $44.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, March 28th. Scotiabank restated a “sector perform” rating and issued a $19.00 target price (down previously from $35.00) on shares of nCino in a report on Wednesday. Stephens reiterated an “equal weight” rating and set a $38.00 price target on shares of nCino in a research note on Wednesday. Finally, Raymond James decreased their price objective on shares of nCino from $42.00 to $32.00 and set an “outperform” rating for the company in a research note on Wednesday. Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $31.13.

nCino Stock Down 19.7 %

NCNO stock opened at $22.59 on Thursday. The stock has a market capitalization of $2.62 billion, a PE ratio of -132.87, a price-to-earnings-growth ratio of 5.77 and a beta of 0.66. The company has a fifty day moving average of $31.02 and a 200-day moving average of $34.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.95 and a current ratio of 1.95. nCino has a one year low of $18.75 and a one year high of $43.20.

nCino (NASDAQ:NCNO) last released its earnings results on Tuesday, April 1st. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.06). The business had revenue of $141.37 million during the quarter, compared to analyst estimates of $140.81 million. nCino had a negative net margin of 3.46% and a positive return on equity of 1.62%. nCino’s revenue was up 14.3% compared to the same quarter last year. During the same period last year, the business posted $0.21 EPS. As a group, analysts expect that nCino will post 0.12 EPS for the current year.

nCino declared that its Board of Directors has authorized a share repurchase plan on Tuesday, April 1st that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at nCino

In related news, CFO Gregory Orenstein sold 5,148 shares of the business’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 $167,824.80. Following the completion of the transaction, the chief financial officer now owns 271,744 shares of the company’s stock, valued at approximately $8,858,854.40. The trade was a 1.86 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider April Rieger sold 4,325 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $32.60, for a total transaction of $140,995.00. Following the sale, the insider now directly 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 disclosure for this sale can be found here. Insiders sold 86,877 shares of company stock valued at $2,963,893 in the last 90 days. 28.40% of the stock is currently owned by 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.