nCino (NASDAQ:NCNO) Updates 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 FY26 guidance to $0.66-0.69 EPS.

nCino Stock Performance

NCNO stock traded up $0.65 during midday trading on Tuesday, hitting $28.12. 2,855,544 shares of the company traded hands, compared to its average volume of 1,215,091. nCino has a twelve month low of $21.50 and a twelve month high of $43.20. The stock has a market capitalization 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 company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.20. The business has a 50 day simple moving average of $31.32 and a 200-day simple moving average of $34.21.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on NCNO shares. Raymond James cut their target price on shares of nCino from $44.00 to $42.00 and set an “outperform” rating for the company in a research report on Tuesday, March 25th. Robert W. Baird decreased their target price on nCino from $43.00 to $42.00 and set a “neutral” rating for the company in a research note on Thursday, December 5th. Macquarie upped their price target on nCino from $40.00 to $43.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Piper Sandler restated a “neutral” rating and issued a $38.00 price objective on shares of nCino in a research note on Thursday, December 5th. Finally, UBS Group assumed coverage on shares of nCino in a report on Monday, December 16th. They issued a “buy” rating and a $44.00 price target for the company. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $41.36.

Insider Buying and Selling

In other nCino news, insider April Rieger sold 4,325 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were 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 of the company’s stock, valued at approximately $4,758,067.80. This represents a 2.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeff Horing sold 54,876 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 4,458,591 shares in the company, valued at $156,050,685. The trade was a 1.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 86,877 shares of company stock worth $2,963,893 in the last 90 days. 28.40% of the stock is owned by company 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.