nCino (NASDAQ:NCNO) Releases FY26 Earnings Guidance

nCino (NASDAQ:NCNO) issued an update on its FY26 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.66-0.69 for the period, compared to the consensus estimate of $0.88. The company issued revenue guidance of $574.5-578.5 million, compared to the consensus revenue estimate of $612.09 million. nCino also updated its FY 2026 guidance to 0.660-0.690 EPS.

Analyst Ratings Changes

NCNO has been the subject of a number of research analyst reports. Raymond James reduced their target price on nCino from $44.00 to $42.00 and set an “outperform” rating for the company in a report on Tuesday, March 25th. Barclays raised nCino from an “equal weight” rating to an “overweight” rating and set a $44.00 price objective for the company in a research note on Monday, January 6th. UBS Group assumed coverage on shares of nCino in a research note on Monday, December 16th. They set a “buy” rating and a $44.00 target price on the stock. Piper Sandler reiterated a “neutral” rating and issued a $38.00 target price on shares of nCino in a research report on Thursday, December 5th. Finally, Needham & Company LLC raised their price target on shares of nCino from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, nCino presently has an average rating of “Moderate Buy” and a consensus target price of $41.36.

nCino Price Performance

NCNO stock opened at $28.12 on Wednesday. nCino has a 52-week low of $18.12 and a 52-week high of $43.20. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.20. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of -165.40, a price-to-earnings-growth ratio of 5.77 and a beta of 0.66. The business has a fifty day moving average of $31.22 and a two-hundred day moving average of $34.20.

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

nCino declared that its Board of Directors has approved a stock repurchase program on Tuesday, April 1st that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 3.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Insider Transactions at nCino

In other nCino news, CEO Sean Desmond sold 5,034 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $32.60, for a total value of $164,108.40. Following the sale, the chief executive officer now owns 306,477 shares of the company’s stock, valued at $9,991,150.20. The trade was a 1.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jeff Horing sold 54,876 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $35.00, for a total value of $1,920,660.00. Following the transaction, the director now owns 4,458,591 shares of the company’s stock, valued at approximately $156,050,685. This represents a 1.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 86,877 shares of company stock worth $2,963,893. 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.