What is William Blair's Estimate for nCino Q1 Earnings?

nCino, Inc. (NASDAQ:NCNO - Free Report) - Investment analysts at William Blair lowered their Q1 2026 EPS estimates for shares of nCino in a research note issued on Wednesday, April 2nd. William Blair analyst C. Kennedy now forecasts that the company will earn $0.00 per share for the quarter, down from their prior forecast of $0.06. William Blair has a "Market Perform" rating on the stock. The consensus estimate for nCino's current full-year earnings is $0.12 per share. William Blair also issued estimates for nCino's Q3 2026 earnings at $0.02 EPS, FY2026 earnings at $0.05 EPS and FY2027 earnings at $0.23 EPS.

Several other research firms have also weighed in on NCNO. Piper Sandler cut their target price on nCino from $38.00 to $28.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. KeyCorp reiterated a "sector weight" rating on shares of nCino in a report on Monday, February 3rd. Truist Financial cut nCino from a "buy" rating to a "hold" rating and reduced their price target for the company from $44.00 to $21.00 in a research report on Wednesday, April 2nd. Morgan Stanley dropped their target price on shares of nCino from $39.00 to $23.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 2nd. Finally, Bank of America lifted their price objective on shares of nCino from $22.00 to $26.00 and gave the stock a "neutral" rating in a research report on Thursday. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $30.60.

nCino Trading Up 2.0 %

NASDAQ:NCNO traded up $0.46 during trading hours on Monday, hitting $23.86. 3,390,327 shares of the stock were exchanged, compared to its average volume of 1,365,891. The company has a market capitalization of $2.78 billion, a P/E ratio of -140.34, a price-to-earnings-growth ratio of 5.77 and a beta of 0.69. nCino has a twelve month low of $18.75 and a twelve month 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 company's 50 day moving average is $29.08 and its two-hundred day moving average is $33.63.

nCino (NASDAQ:NCNO - Get Free Report) last posted its quarterly earnings data on Tuesday, April 1st. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate 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 firm 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 EPS. The business's quarterly revenue was up 14.3% on a year-over-year basis.

nCino declared that its Board of Directors has initiated a stock repurchase program on Tuesday, April 1st that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 3.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its stock is undervalued.

Insider Buying and Selling at nCino

In related news, CEO Sean Desmond sold 5,034 shares of nCino stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $32.60, for a total transaction of $164,108.40. Following the sale, the chief executive officer now directly owns 306,477 shares in the company, valued at $9,991,150.20. The trade was a 1.62 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Jeanette Sellers sold 2,501 shares of the business's stock in a transaction on Friday, April 4th. The shares were sold at an average price of $21.51, for a total transaction of $53,796.51. Following the sale, the vice president now owns 19,099 shares in the company, valued at approximately $410,819.49. This trade represents a 11.58 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 110,012 shares of company stock worth $2,694,676. 28.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On nCino

A number of hedge funds have recently bought and sold shares of NCNO. GAMMA Investing LLC boosted its holdings in nCino by 2,170.3% in the first quarter. GAMMA Investing LLC now owns 7,719 shares of the company's stock worth $212,000 after purchasing an additional 7,379 shares during the last quarter. California State Teachers Retirement System lifted its holdings in shares of nCino by 5.4% during the 4th quarter. California State Teachers Retirement System now owns 85,835 shares of the company's stock valued at $2,882,000 after buying an additional 4,417 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of nCino in the 4th quarter worth $227,000. Public Employees Retirement System of Ohio grew its holdings in shares of nCino by 30.3% in the fourth quarter. Public Employees Retirement System of Ohio now owns 160,216 shares of the company's stock worth $5,380,000 after acquiring an additional 37,260 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in nCino by 67.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 242,090 shares of the company's stock valued at $8,129,000 after acquiring an additional 97,333 shares during the last quarter. Institutional investors own 94.76% of the company's stock.

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.