nCino (NASDAQ:NCNO) Issues FY 2025 Earnings Guidance

nCino (NASDAQ:NCNO) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.600-0.640 for the period, compared to the consensus estimate of 0.560. The company issued revenue guidance of $538.5 million-$544.5 million, compared to the consensus revenue estimate of $545.7 million. nCino also updated its FY25 guidance to $0.60-0.64 EPS.

nCino Stock Performance

NASDAQ:NCNO opened at $35.90 on Thursday. nCino has a 12-month low of $21.26 and a 12-month high of $36.65. The stock has a 50-day moving average price of $30.69 and a 200 day moving average price of $30.72. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.05.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on NCNO shares. William Blair restated an outperform rating on shares of nCino in a research note on Wednesday. Needham & Company LLC increased their price target on nCino from $40.00 to $42.00 and gave the stock a buy rating in a research note on Wednesday. Morgan Stanley boosted their target price on shares of nCino from $27.00 to $30.00 and gave the stock an equal weight rating in a research report on Wednesday. Truist Financial dropped their price objective on shares of nCino from $40.00 to $37.00 and set a buy rating for the company in a research note on Thursday, November 30th. Finally, Robert W. Baird increased their price target on shares of nCino from $34.00 to $36.00 and gave the company a neutral rating in a research report on Wednesday. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of Moderate Buy and a consensus price target of $35.40.

Insider Activity at nCino

In other nCino news, VP Jeanette Sellers sold 894 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $31.18, for a total value of $27,874.92. Following the sale, the vice president now owns 20,770 shares in the company, valued at $647,608.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, VP Jeanette Sellers sold 894 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $31.18, for a total value of $27,874.92. Following the transaction, the vice president now directly owns 20,770 shares in the company, valued at $647,608.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider April Rieger sold 1,460 shares of nCino stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $30.66, for a total transaction of $44,763.60. Following the sale, the insider now owns 149,078 shares in the company, valued at $4,570,731.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,935 shares of company stock valued at $1,069,845. 38.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. State of Wyoming raised its stake in nCino by 56.8% in the fourth quarter. State of Wyoming now owns 1,350 shares of the company’s stock valued at $36,000 after buying an additional 489 shares during the last quarter. UBS Group AG increased its holdings in nCino by 218.7% during the 3rd quarter. UBS Group AG now owns 1,807 shares of the company’s stock worth $62,000 after purchasing an additional 1,240 shares during the period. Advisory Services Network LLC boosted its position in shares of nCino by 41.7% in the 1st quarter. Advisory Services Network LLC now owns 5,545 shares of the company’s stock valued at $137,000 after purchasing an additional 1,633 shares during the period. Advisors Asset Management Inc. increased its stake in nCino by 47.9% in the 1st quarter. Advisors Asset Management Inc. now owns 3,429 shares of the company’s stock valued at $141,000 after purchasing an additional 1,111 shares in the last quarter. Finally, MetLife Investment Management LLC purchased a new position in nCino in the first quarter valued at about $149,000. 94.76% of the stock is owned by hedge funds and other institutional investors.

nCino Company Profile

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, a secure cloud-based solution, which empowers bank employees and leaders with true insight into the bank through an end-to-end platform that spans business lines and combines customer relationship management, customer onboarding, account opening, loan origination, deposit accounts, workflow, credit analysis, enterprise content management, and instant reporting capabilities.