nCino (NASDAQ:NCNO) Issues FY 2026 Earnings Guidance

nCino (NASDAQ:NCNO) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.660-0.690 for the period, compared to the consensus estimate of 0.880. The company issued revenue guidance of $574.5 million-$578.5 million, compared to the consensus revenue estimate of $613.4 million. nCino also updated its FY26 guidance to $0.66-0.69 EPS.

nCino Stock Up 2.4 %

Shares of nCino stock opened at $28.12 on Wednesday. nCino has a 12-month low of $18.12 and a 12-month high of $43.20. The firm has a market capitalization of $3.26 billion, a PE ratio of -165.40, a price-to-earnings-growth ratio of 5.77 and a beta of 0.66. 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 stock’s fifty day moving average is $31.22 and its 200-day moving average is $34.20.

nCino (NASDAQ:NCNO) last issued its quarterly earnings results on Tuesday, April 1st. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $141.37 million during the quarter, compared to analysts’ expectations of $140.81 million. During the same period in the prior year, the business posted $0.21 EPS. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. Equities analysts anticipate that nCino will post 0.12 earnings per share for the current year.

nCino announced that its Board of Directors has approved a stock buyback plan on Tuesday, April 1st that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research firms have weighed in on NCNO. Keefe, Bruyette & Woods lowered their price objective on shares of nCino from $44.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, March 28th. Scotiabank lowered their price target on nCino from $42.00 to $35.00 and set a “sector outperform” rating on the stock in a report on Thursday, March 27th. UBS Group began coverage on nCino in a research note on Monday, December 16th. They issued a “buy” rating and a $44.00 price objective for the company. Robert W. Baird decreased their price objective on nCino from $43.00 to $42.00 and set a “neutral” rating for the company in a research report on Thursday, December 5th. Finally, Needham & Company LLC upped their target price on nCino from $40.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Five analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $41.36.

Insiders Place Their Bets

In other nCino news, Director Jeff Horing sold 54,876 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $35.00, for a total transaction of $1,920,660.00. Following the completion of the sale, the director now owns 4,458,591 shares of the company’s stock, valued at $156,050,685. This represents a 1.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Gregory Orenstein sold 5,148 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $32.60, for a total value of $167,824.80. Following the transaction, the chief financial officer now owns 271,744 shares in the company, valued at approximately $8,858,854.40. This trade represents a 1.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 86,877 shares of company stock valued at $2,963,893 over the last three months. 28.40% of the stock is currently owned by insiders.

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.