nCino (NASDAQ:NCNO - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.660-0.690 for the period, compared to the consensus estimate of 0.880. The company issued revenue guidance of $574.5 million-$578.5 million, compared to the consensus revenue estimate of $613.4 million. nCino also updated its FY26 guidance to $0.66-0.69 EPS.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on NCNO. Stephens reissued an "equal weight" rating and issued a $38.00 target price on shares of nCino in a research report on Wednesday. Raymond James reduced their price objective on nCino from $42.00 to $32.00 and set an "outperform" rating for the company in a research note on Wednesday. Bank of America lowered shares of nCino from a "buy" rating to a "neutral" rating and set a $22.00 target price on the stock. in a research report on Wednesday. UBS Group set a $40.00 price target on shares of nCino in a research report on Friday, March 28th. Finally, Piper Sandler lowered their price objective on shares of nCino from $38.00 to $28.00 and set a "neutral" rating on the stock in a research report on Wednesday. Ten analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, nCino has an average rating of "Hold" and an average price target of $30.33.
View Our Latest Stock Report on nCino
nCino Stock Performance
NCNO traded down $0.26 during trading on Friday, reaching $21.45. The company's stock had a trading volume of 3,429,119 shares, compared to its average volume of 1,312,249. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of -126.17, a price-to-earnings-growth ratio of 5.77 and a beta of 0.69. The company's fifty day moving average price is $30.58 and its 200-day moving average price is $34.00. nCino has a 52-week low of $18.75 and a 52-week high of $43.20. 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 (NASDAQ:NCNO - Get Free Report) last posted its quarterly earnings results on Tuesday, April 1st. The company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.06). nCino had a negative net margin of 3.46% and a positive return on equity of 1.62%. The business had revenue of $141.37 million during the quarter, compared to analysts' expectations of $140.81 million. During the same quarter last year, the firm earned $0.21 earnings per share. The firm's quarterly revenue was up 14.3% compared to the same quarter last year. On average, equities analysts forecast that nCino will post 0.12 earnings per share for the current fiscal year.
nCino declared that its Board of Directors has initiated a share buyback plan on Tuesday, April 1st that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.
Insider Activity at nCino
In other nCino news, insider April Rieger sold 4,325 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $32.60, for a total value of $140,995.00. Following the completion of the transaction, the insider now directly owns 145,953 shares of the company's stock, valued at approximately $4,758,067.80. This trade represents a 2.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 sale, the director now directly owns 4,458,591 shares in the company, valued at $156,050,685. This trade represents a 1.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 146,864 shares of company stock worth $4,215,221 over the last 90 days. Company insiders own 28.40% of the company's stock.
About nCino
(
Get Free Report)
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.
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