William Blair Brokers Lower Earnings Estimates for nCino

nCino, Inc. (NASDAQ:NCNO - Free Report) - Investment analysts at William Blair decreased their Q2 2026 earnings per share estimates for shares of nCino in a research report issued on Wednesday, April 2nd. William Blair analyst C. Kennedy now forecasts that the company will post earnings of ($0.01) per share for the quarter, down from their prior estimate of $0.03. 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 Q2 2026 earnings at ($0.01) EPS, Q4 2026 earnings at $0.04 EPS and Q4 2026 earnings at $0.04 EPS.

A number of other research firms also recently issued reports on NCNO. Scotiabank reissued a "sector perform" rating and set a $19.00 price target (down previously from $35.00) on shares of nCino in a research report on Wednesday, April 2nd. Raymond James lowered their price target on shares of nCino from $42.00 to $32.00 and set an "outperform" rating for the company in a research report on Wednesday, April 2nd. Bank of America lowered shares of nCino from a "buy" rating to a "neutral" rating and set a $22.00 price objective on the stock. in a report on Wednesday, April 2nd. Keefe, Bruyette & Woods decreased their price objective on nCino from $40.00 to $28.00 and set an "outperform" rating for the company in a research note on Thursday, April 3rd. Finally, Barclays cut their target price on nCino from $44.00 to $24.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 2nd. Ten analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $30.33.

nCino Trading Up 8.1 %

nCino stock traded up $1.79 during trading hours on Friday, hitting $23.84. The company had a trading volume of 1,144,759 shares, compared to its average volume of 1,342,100. The company has a 50-day moving average price of $29.84 and a two-hundred day moving average price of $33.83. 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 has a 1 year low of $18.75 and a 1 year high of $43.20. The firm has a market cap of $2.78 billion, a P/E ratio of -141.52, a P/E/G ratio of 5.77 and a beta of 0.69.

nCino (NASDAQ:NCNO - Get Free Report) last announced its quarterly earnings results 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 negative net margin of 3.46% and a positive return on equity of 1.62%. The company had revenue of $141.37 million during the quarter, compared to the consensus estimate of $140.81 million. During the same quarter in the prior year, the firm posted $0.21 earnings per share. The business's revenue was up 14.3% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NCNO. Fifth Third Bancorp purchased a new position in shares of nCino during the 4th quarter valued at about $34,000. Hilltop National Bank purchased a new position in nCino during the fourth quarter valued at approximately $37,000. Johnson Financial Group Inc. purchased a new position in nCino during the fourth quarter valued at approximately $57,000. Asset Management One Co. Ltd. lifted its holdings in nCino by 16.5% in the fourth quarter. Asset Management One Co. Ltd. now owns 2,279 shares of the company's stock valued at $78,000 after acquiring an additional 323 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in nCino by 32.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,536 shares of the company's stock worth $152,000 after purchasing an additional 1,122 shares in the last quarter. 94.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Sean Desmond sold 5,034 shares of the company'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 in the company, valued at $9,991,150.20. This represents a 1.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Pierre Naude sold 31,123 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $20.86, for a total transaction of $649,225.78. Following the completion of the transaction, the director now owns 1,066,090 shares in the company, valued at approximately $22,238,637.40. This trade represents a 2.84 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 94,489 shares of company stock valued at $2,348,358. Company insiders own 28.40% of the company's stock.

nCino declared that its board has authorized a stock repurchase plan on Tuesday, April 1st that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to repurchase up to 3.1% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

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.