nCino (NASDAQ:NCNO) Issues FY 2025 Earnings Guidance

nCino (NASDAQ:NCNO) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.600-0.640 for the period, compared to the consensus estimate of 0.560. The company issued revenue guidance of $538.5 million-$544.5 million, compared to the consensus revenue estimate of $545.7 million. nCino also updated its FY25 guidance to $0.60-0.64 EPS.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on NCNO shares. Truist Financial lowered their price target on shares of nCino from $40.00 to $37.00 and set a buy rating for the company in a report on Thursday, November 30th. Robert W. Baird raised their target price on nCino from $34.00 to $36.00 and gave the stock a neutral rating in a research report on Wednesday. Needham & Company LLC boosted their price objective on nCino from $40.00 to $42.00 and gave the company a buy rating in a report on Wednesday. William Blair reiterated an outperform rating on shares of nCino in a research note on Wednesday. Finally, Morgan Stanley boosted their target price on nCino from $27.00 to $30.00 and gave the stock an equal weight rating in a research note on Wednesday. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of Moderate Buy and a consensus target price of $35.40.

nCino Stock Up 19.0 %

NASDAQ:NCNO opened at $35.90 on Thursday. The firm’s fifty day moving average price is $30.69 and its two-hundred day moving average price is $30.72. nCino has a one year low of $21.26 and a one year high of $36.65. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.05.

Insider Transactions at nCino

In other news, VP Jeanette Sellers sold 3,850 shares of nCino stock in a transaction on Friday, January 5th. The stock was sold at an average price of $33.73, for a total value of $129,860.50. Following the completion of the sale, the vice president now directly owns 22,387 shares of the company’s stock, valued at $755,113.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other nCino news, insider Matthew Royce Hansen sold 5,948 shares of the company’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $34.65, for a total value of $206,098.20. Following the completion of the transaction, the insider now directly owns 228,514 shares in the company, valued at approximately $7,918,010.10. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Jeanette Sellers sold 3,850 shares of nCino stock in a transaction that occurred on Friday, January 5th. The shares were sold at an average price of $33.73, for a total transaction of $129,860.50. Following the completion of the transaction, the vice president now owns 22,387 shares of the company’s stock, valued at $755,113.51. The disclosure for this sale can be found here. Insiders have sold 32,935 shares of company stock valued at $1,069,845 over the last quarter. 38.20% of the stock is currently owned by company insiders.

Institutional Trading of nCino

Hedge funds have recently made changes to their positions in the business. State of Wyoming boosted its holdings in shares of nCino by 56.8% during the 4th quarter. State of Wyoming now owns 1,350 shares of the company’s stock worth $36,000 after purchasing an additional 489 shares during the last quarter. UBS Group AG grew its position in nCino by 218.7% during the 3rd quarter. UBS Group AG now owns 1,807 shares of the company’s stock worth $62,000 after purchasing an additional 1,240 shares in the last quarter. Advisory Services Network LLC boosted its holdings in shares of nCino by 41.7% during the 1st quarter. Advisory Services Network LLC now owns 5,545 shares of the company’s stock worth $137,000 after buying an additional 1,633 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of nCino by 47.9% in the 1st quarter. Advisors Asset Management Inc. now owns 3,429 shares of the company’s stock valued at $141,000 after purchasing an additional 1,111 shares in the last quarter. Finally, MetLife Investment Management LLC bought a new position in nCino in the first quarter valued at approximately $149,000. 94.76% of the stock is currently owned by hedge funds and other institutional investors.

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.