nCino (NASDAQ:NCNO) Releases Earnings Results, Beats Estimates By $0.11 EPS

nCino (NASDAQ:NCNO) posted its quarterly earnings data on Wednesday. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.11, FiscalAI reports. nCino had a positive return on equity of 2.26% and a negative net margin of 3.71%.The company had revenue of $152.16 million during the quarter, compared to analysts’ expectations of $147.31 million. During the same period in the prior year, the business earned $0.21 earnings per share. nCino’s revenue for the quarter was up 9.6% compared to the same quarter last year. nCino updated its FY 2026 guidance to 0.900-0.910 EPS and its Q4 2026 guidance to 0.210-0.220 EPS.

nCino Stock Performance

nCino stock opened at $24.35 on Friday. nCino has a 52-week low of $18.75 and a 52-week high of $40.29. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a fifty day moving average price of $25.51 and a two-hundred day moving average price of $27.45. The firm has a market capitalization of $2.82 billion, a P/E ratio of -135.28, a P/E/G ratio of 16.10 and a beta of 0.53.

Insider Buying and Selling at nCino

In related news, insider April Rieger sold 4,731 shares of nCino stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $25.81, for a total transaction of $122,107.11. Following the completion of the transaction, the insider directly owned 229,774 shares of the company’s stock, valued at $5,930,466.94. This trade represents a 2.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Pierre Naude sold 4,881 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $25.81, for a total transaction of $125,978.61. Following the sale, the director directly owned 1,187,580 shares in the company, valued at $30,651,439.80. This represents a 0.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,913,865 shares of company stock worth $117,312,830 over the last ninety days. Company insiders own 5.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Captrust Financial Advisors increased its position in nCino by 1.2% in the 3rd quarter. Captrust Financial Advisors now owns 62,747 shares of the company’s stock valued at $1,701,000 after acquiring an additional 743 shares in the last quarter. Quarry LP increased its holdings in shares of nCino by 138.2% in the third quarter. Quarry LP now owns 1,701 shares of the company’s stock valued at $46,000 after purchasing an additional 987 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of nCino by 4.3% in the third quarter. Alliancebernstein L.P. now owns 40,872 shares of the company’s stock valued at $1,108,000 after purchasing an additional 1,682 shares in the last quarter. California State Teachers Retirement System raised its position in nCino by 2.2% in the 2nd quarter. California State Teachers Retirement System now owns 94,405 shares of the company’s stock worth $2,641,000 after purchasing an additional 1,987 shares during the last quarter. Finally, Swiss National Bank lifted its stake in shares of nCino by 1.0% during the third quarter. Swiss National Bank now owns 202,200 shares of the company’s stock valued at $5,482,000 after acquiring an additional 2,000 shares during the period. Institutional investors and hedge funds own 94.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on NCNO shares. Morgan Stanley increased their price target on shares of nCino from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Wednesday, August 27th. Raymond James Financial upgraded nCino from an “outperform” rating to a “strong-buy” rating and set a $36.00 price target on the stock in a research note on Monday, October 20th. Needham & Company LLC reissued a “buy” rating and set a $38.00 price objective on shares of nCino in a report on Thursday. Robert W. Baird upped their target price on nCino from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Wednesday, August 27th. Finally, Piper Sandler reduced their target price on nCino from $34.00 to $30.00 and set a “neutral” rating for the company in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.56.

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.