nCino (NASDAQ:NCNO) Receives “Outperform” Rating from William Blair

William Blair reaffirmed their outperform rating on shares of nCino (NASDAQ:NCNO) in a report published on Wednesday, RTT News reports. William Blair also issued estimates for nCino’s Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.03 EPS and FY2026 earnings at $0.00 EPS.

NCNO has been the topic of a number of other reports. Needham & Company LLC reissued a buy rating and issued a $42.00 price target on shares of nCino in a research note on Thursday, May 30th. Robert W. Baird reduced their price objective on nCino from $37.00 to $36.00 and set a neutral rating on the stock in a research note on Thursday, May 30th. Piper Sandler reduced their price objective on nCino from $42.00 to $38.00 and set an overweight rating on the stock in a research note on Thursday, May 30th. Morgan Stanley lifted their price objective on nCino from $27.00 to $30.00 and gave the company an equal weight rating in a research note on Wednesday, March 27th. Finally, Stephens reaffirmed an equal weight rating and issued a $35.00 price objective on shares of nCino in a research note on Thursday, May 30th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus target price of $35.64.

nCino Stock Up 0.3 %

Shares of NASDAQ:NCNO opened at $31.45 on Wednesday. The stock’s 50-day moving average price is $30.79 and its two-hundred day moving average price is $31.55. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.10. nCino has a 12-month low of $27.13 and a 12-month high of $37.48. The firm has a market cap of $3.62 billion, a price-to-earnings ratio of -101.45, a PEG ratio of 17.11 and a beta of 0.59.

nCino (NASDAQ:NCNO) last issued its quarterly earnings results on Wednesday, May 29th. The company reported $0.05 earnings per share (EPS) for the quarter. nCino had a positive return on equity of 1.13% and a negative net margin of 6.94%. The firm had revenue of $128.09 million for the quarter, compared to analyst estimates of $126.59 million. On average, research analysts forecast that nCino will post 0.08 EPS for the current year.

Insiders Place Their Bets

In other nCino news, Director Jeff Horing sold 1,871,828 shares of nCino stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $31.51, for a total transaction of $58,981,300.28. Following the sale, the director now directly owns 27,141,639 shares in the company, valued at approximately $855,233,044.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Insight Holdings Group, Llc sold 1,031,659 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $35.20, for a total value of $36,314,396.80. Following the completion of the sale, the director now directly owns 545,039 shares in the company, valued at approximately $19,185,372.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeff Horing sold 1,871,828 shares of the business’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $31.51, for a total value of $58,981,300.28. Following the completion of the sale, the director now owns 27,141,639 shares of the company’s stock, valued at $855,233,044.89. The disclosure for this sale can be found here. Insiders have sold 3,322,660 shares of company stock worth $108,539,453 in the last three months. 28.40% of the stock is owned by insiders.

Institutional Investors Weigh In On nCino

Institutional investors have recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. bought a new stake in shares of nCino in the 1st quarter valued at approximately $52,000. Covestor Ltd increased its holdings in shares of nCino by 29.6% in the 1st quarter. Covestor Ltd now owns 2,736 shares of the company’s stock valued at $102,000 after acquiring an additional 625 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of nCino by 643.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,538 shares of the company’s stock valued at $113,000 after acquiring an additional 3,062 shares during the last quarter. Lazard Asset Management LLC increased its holdings in shares of nCino by 145.6% in the 1st quarter. Lazard Asset Management LLC now owns 4,516 shares of the company’s stock valued at $168,000 after acquiring an additional 2,677 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of nCino in the 4th quarter valued at approximately $171,000. 94.76% of the stock is currently owned by institutional investors.

nCino Company Profile

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.