Based on ratings from 16 stock analysts, the nCino Inc stock price is expected to increase by 14.48% in 12 months. This is calculated by using the average 12-month stock price forecast for nCino Inc. The lowest target is $35 and the highest is $49. Please note analyst price targets are not guaranteed and could be missed completely.
About 16 Wall Street analysts have assigned NCNO 11 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect nCino Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NCNO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of NCNO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Ryan Tomasello Keefe, Bruyette & Woods | Outperform | $49 | Maintains | Dec 2, 2024 |
James Faucette Morgan Stanley | Equal-Weight | $41 | Maintains | Dec 2, 2024 |
Saket Kalia Barclays | Equal-Weight | $44 | Maintains | Nov 25, 2024 |
Robert Trout Macquarie | Outperform | $40 | Maintains | Oct 23, 2024 |
Terry Tillman Truist Securities | Buy | $44 | Reiterates | Oct 21, 2024 |
Alexander Sklar Raymond James | Outperform | $38 | Upgrade | Sep 3, 2024 |
Brent Bracelin Piper Sandler | Overweight | $38 | Maintains | Aug 28, 2024 |
Mayank Tandon Needham | Buy | $40 | Maintains | Aug 28, 2024 |
Charles Nabhan Stephens & Co. | Equal-Weight | $35 | Reiterates | Aug 28, 2024 |
Robert Trout Macquarie | Outperform | $40 | Reiterates | Aug 28, 2024 |
Terry Tillman Truist Securities | Buy | $37 | Reiterates | Aug 28, 2024 |
Aaron Kimson JMP Securities | Market Outperform | $43 | Reiterates | Aug 28, 2024 |
Adam Hotchkiss Goldman Sachs | Buy | $42 | Upgrade | Aug 14, 2024 |
Robert Trout Macquarie | Outperform | $40 | Reiterates | Aug 6, 2024 |
Aaron Kimson JMP Securities | Market Outperform | $43 | Initiates | Jul 22, 2024 |
Brent Bracelin Piper Sandler | Overweight | $38 | Reiterates | Jul 1, 2024 |
Brent Bracelin Piper Sandler | Overweight | $38 | Maintains | May 30, 2024 |
Joe Vruwink Baird | Neutral | $36 | Maintains | May 30, 2024 |
Mayank Tandon Needham | Buy | $42 | Reiterates | May 30, 2024 |
Charles Nabhan Stephens & Co. | Equal-Weight | $35 | Reiterates | May 30, 2024 |
When did it IPO
2020
Staff Count
1,653
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. Pierre Naude
Market Cap
$4.80B
In 2023, NCNO generated $408.3M in revenue, which was a increase of 49.09% from the previous year. This can be seen as a signal that NCNO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - nCino (NCNO) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating improved earnings outlook and potential for stock price increase.
Why It Matters - nCino's upgrade to a Zacks Rank #1 signals strong earnings potential, likely boosting investor confidence and driving the stock price upward in the short term.
Summary - Piper Sandler downgraded nCino, Inc. (NCNO) to Neutral from Overweight, setting a price target of $38.
Why It Matters - The downgrade from Overweight to Neutral signals a potential slowdown in nCino's growth, likely impacting investor sentiment and stock performance, with a revised price target indicating limited upside.
Summary - nCino reported solid Q3 results with revenue and adjusted EPS above estimates, but issued guidance below consensus, causing a 12.4% stock drop. Revenue rose 13.9%, yet valuation remains high.
Why It Matters - nCino's lower guidance despite strong Q3 results led to a stock drop, highlighting valuation concerns and the need for sustained cash flow and EBITDA growth for investor confidence.
Summary - nCino, Inc. will host its Q3 2025 earnings call on December 4, 2024, at 4:30 PM ET, featuring key executives and analysts from various financial institutions.
Why It Matters - nCino's Q3 earnings call provides key insights into its financial performance, growth trajectory, and management commentary, influencing investor sentiment and stock valuation.
Summary - nCino, Inc. reported Q3 FY2025 total revenues of $138.8M (+14% YoY) and subscription revenues of $119.9M (+14% YoY). GAAP operating margin improved to -1%, while non-GAAP margin rose to 20%.
Why It Matters - nCino's strong revenue growth and improved margins indicate robust demand for its banking solutions, signaling potential for continued profitability and positive market sentiment.
Summary - nCino, Inc. reported Q3 FY2025 results: Total Revenues of $138.8M (+14% YoY), Subscription Revenues of $119.9M (+14% YoY), GAAP Operating Margin at -1%, Non-GAAP Operating Margin at 20%.
Why It Matters - nCino's strong revenue growth and improved margins indicate solid demand for its banking solutions, potentially boosting investor confidence and stock performance.