Truist Financial Cuts nCino (NASDAQ:NCNO) Price Target to $19.00

04 Apr 2026, 03:18 by Doug Wharley · The Cerbat Gem

nCino (NASDAQ:NCNO – Free Report) had its price target trimmed by Truist Financial from $27.00 to $19.00 in a research note published on Wednesday,Benzinga reports. The firm currently has a hold rating on the stock.

Several other equities analysts have also recently issued reports on NCNO. Needham & Company LLC dropped their target price on nCino from $38.00 to $25.00 and set a “buy” rating on the stock in a research report on Wednesday. UBS Group reissued a “buy” rating and issued a $36.00 price target on shares of nCino in a report on Tuesday, December 9th. Piper Sandler upgraded nCino from a “neutral” rating to an “overweight” rating and decreased their price target for the company from $30.00 to $22.00 in a research note on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of nCino in a research report on Thursday, January 22nd. Finally, Zacks Research downgraded nCino from a “strong-buy” rating to a “hold” rating in a report on Monday, February 2nd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $26.07.

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nCino Price Performance

NCNO stock opened at $17.10 on Wednesday. The stock has a market capitalization of $1.96 billion, a PE ratio of 342.00, a price-to-earnings-growth ratio of 3.35 and a beta of 0.61. The company has a fifty day moving average of $16.90 and a 200-day moving average of $22.63. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.01 and a current ratio of 1.00. nCino has a one year low of $13.80 and a one year high of $33.92.

nCino (NASDAQ:NCNO – Get Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.16. The business had revenue of $149.67 million for the quarter, compared to analyst estimates of $147.41 million. nCino had a net margin of 0.87% and a return on equity of 4.75%. The business’s revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.12 earnings per share. As a group, analysts expect that nCino will post 0.12 EPS for the current year.

nCino announced that its board has initiated a stock buyback program on Monday, December 8th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 3.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at nCino

In other news, insider April Rieger sold 5,747 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $16.75, for a total value of $96,262.25. Following the completion of the transaction, the insider owned 215,949 shares of the company’s stock, valued at $3,617,145.75. The trade was a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Sean Desmond sold 5,747 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $16.75, for a total transaction of $96,262.25. Following the transaction, the chief executive officer directly owned 596,803 shares in the company, valued at $9,996,450.25. The trade was a 0.95% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 113,572 shares of company stock valued at $2,078,874. Corporate insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On nCino

Several hedge funds have recently made changes to their positions in the business. Ranger Investment Management L.P. lifted its holdings in shares of nCino by 48.2% during the 3rd quarter. Ranger Investment Management L.P. now owns 1,157,751 shares of the company’s stock worth $31,387,000 after acquiring an additional 376,506 shares during the period. Vanguard Group Inc. boosted its position in shares of nCino by 1.7% in the third quarter. Vanguard Group Inc. now owns 11,924,703 shares of the company’s stock worth $323,279,000 after acquiring an additional 201,499 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in nCino in the third quarter valued at approximately $1,397,000. Cramer Rosenthal Mcglynn LLC increased its position in nCino by 19.8% during the third quarter. Cramer Rosenthal Mcglynn LLC now owns 375,310 shares of the company’s stock worth $10,175,000 after purchasing an additional 62,142 shares during the last quarter. Finally, Shannon River Fund Management LLC increased its position in nCino by 27.4% during the third quarter. Shannon River Fund Management LLC now owns 1,578,896 shares of the company’s stock worth $42,804,000 after purchasing an additional 339,863 shares during the last quarter. Institutional investors and hedge funds own 94.76% of the company’s stock.

Key Headlines Impacting nCino

Here are the key news stories impacting nCino this week:

Positive Sentiment: Earnings beat and upbeat growth outlook: nCino reported stronger‑than‑expected Q4 results and an improved FY27 growth outlook, which drove a post‑earnings gap up and multi‑day rally as investors priced in faster adoption. Read More.
Positive Sentiment: Analyst upgrades: Several bullish moves include Piper Sandler raising nCino to “Overweight”, Barclays forecasting strong price appreciation, and Zacks upgrading the stock to “Strong‑Buy” — these lift buy‑side interest and support near‑term demand. Read More. Read More. Read More.
Positive Sentiment: Consensus upside in street price targets: The average of analyst price targets implies a material upside (~75% per one note), signaling that some investors still see significant recovery potential if growth and AI monetization accelerate. Read More.
Neutral Sentiment: Business outlook detail — AI and pricing power highlighted: A deep‑dive piece points to AI adoption and platform pricing as primary drivers of upside and notes a leadership change; these factors are positive but require execution to move the valuation materially. Read More.
Negative Sentiment: Multiple cautious/pessimistic analyst notes: Several firms (Citizens JMP, Truist, Goldman Sachs, Needham, Stephens, Keefe Bruyette & Woods, Robert W. Baird) issued lowered expectations or pessimistic forecasts — adding selling pressure and capping near‑term upside despite the beat. Read More. Read More. Read More. Read More. Read More. Read More. Read More.

About nCino

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nCino, Inc provides a cloud-based banking operating system designed to modernize and streamline processes for financial institutions. Built on a software-as-a-service (SaaS) model, the nCino Bank Operating System integrates key banking functions into a unified platform, enabling banks and credit unions to enhance efficiency, reduce risk and improve customer experiences.