nCino (NASDAQ:NCNO) Updates Q1 2025 Earnings Guidance

nCino (NASDAQ:NCNO) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.130-0.140 for the period, compared to the consensus earnings per share estimate of 0.120. The company issued revenue guidance of $126.0 million-$127.0 million, compared to the consensus revenue estimate of $128.9 million. nCino also updated its FY 2025 guidance to 0.600-0.640 EPS.

nCino Stock Performance

NASDAQ:NCNO traded down $0.25 during trading hours on Tuesday, hitting $30.18. 1,270,298 shares of the company were exchanged, compared to its average volume of 691,152. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.10 and a quick ratio of 1.10. nCino has a 52-week low of $21.26 and a 52-week high of $35.83. The company’s 50 day moving average price is $30.66 and its 200-day moving average price is $30.69. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of -52.03, a PEG ratio of 11.21 and a beta of 0.44.

Analyst Ratings Changes

Several analysts have commented on the stock. Morgan Stanley upgraded shares of nCino from an underweight rating to an equal weight rating and lifted their price objective for the company from $24.00 to $27.00 in a research note on Friday, March 15th. Needham & Company LLC reiterated a buy rating and issued a $40.00 target price on shares of nCino in a research note on Thursday, November 30th. Piper Sandler reiterated an overweight rating and issued a $42.00 target price on shares of nCino in a research note on Tuesday, January 9th. Finally, Truist Financial cut their price target on shares of nCino from $40.00 to $37.00 and set a buy rating for the company in a report on Thursday, November 30th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, nCino has an average rating of Moderate Buy and an average target price of $34.90.

Insider Buying and Selling

In other nCino news, VP Jeanette Sellers sold 894 shares of the 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 transaction, the vice president now directly owns 20,770 shares in the company, valued at $647,608.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other 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 transaction 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Matthew Royce Hansen sold 5,948 shares of the firm’s stock in a transaction that occurred on Tuesday, January 9th. The stock was sold at an average price of $34.65, for a total transaction of $206,098.20. Following the transaction, the insider now owns 228,514 shares in the company, valued at $7,918,010.10. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 32,935 shares of company stock worth $1,069,845. Company insiders own 38.20% of the company’s stock.

Institutional Investors Weigh In On nCino

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. State of Wyoming increased its position in nCino by 56.8% during the 4th quarter. State of Wyoming now owns 1,350 shares of the company’s stock worth $36,000 after purchasing an additional 489 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of nCino by 2.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 25,371 shares of the company’s stock valued at $865,000 after purchasing an additional 543 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of nCino by 1.4% in the 3rd quarter. Legal & General Group Plc now owns 48,533 shares of the company’s stock valued at $1,543,000 after purchasing an additional 693 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of nCino by 2.2% in the 4th quarter. Alliancebernstein L.P. now owns 33,887 shares of the company’s stock valued at $896,000 after purchasing an additional 726 shares in the last quarter. Finally, UBS Group AG lifted its position in nCino by 53.3% during the 4th quarter. UBS Group AG now owns 2,771 shares of the company’s stock worth $73,000 after acquiring an additional 964 shares in the last quarter. Institutional investors and hedge funds own 95.37% of the company’s stock.

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.