What is Scotiabank’s Forecast for nCino FY2026 Earnings?

nCino, Inc. (NASDAQ:NCNO) – Equities researchers at Scotiabank issued their FY2026 earnings per share estimates for shares of nCino in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst N. Altmann anticipates that the company will post earnings per share of $0.24 for the year. Scotiabank currently has a “Sector Outperform” rating and a $46.00 target price on the stock. The consensus estimate for nCino’s current full-year earnings is $0.10 per share.

Several other research firms have also weighed in on NCNO. Barclays upgraded nCino from an “equal weight” rating to an “overweight” rating and set a $44.00 target price on the stock in a report on Monday, January 6th. Needham & Company LLC lifted their target price on nCino from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Stephens lifted their target price on nCino from $35.00 to $38.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Keefe, Bruyette & Woods lifted their target price on nCino from $41.00 to $49.00 and gave the stock an “outperform” rating in a report on Monday, December 2nd. Finally, Morgan Stanley reduced their target price on nCino from $41.00 to $39.00 and set an “equal weight” rating on the stock in a report on Friday, December 6th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, nCino presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.50.

nCino Stock Down 2.9 %

Shares of nCino stock opened at $32.54 on Friday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.20. nCino has a 12 month low of $28.09 and a 12 month high of $43.20. The business has a fifty day simple moving average of $37.74 and a 200 day simple moving average of $34.34. The stock has a market cap of $3.77 billion, a PE ratio of -191.40, a price-to-earnings-growth ratio of 16.39 and a beta of 0.64.

Hedge Funds Weigh In On nCino

Several institutional investors and hedge funds have recently made changes to their positions in the company. Hilltop National Bank bought a new position in nCino during the 4th quarter worth $37,000. Asset Management One Co. Ltd. increased its stake in nCino by 21.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 1,956 shares of the company’s stock worth $62,000 after acquiring an additional 341 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in nCino by 97.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,755 shares of the company’s stock worth $87,000 after acquiring an additional 1,358 shares during the period. West Tower Group LLC bought a new position in nCino during the 3rd quarter worth $126,000. Finally, Northwest & Ethical Investments L.P. bought a new position in nCino during the 3rd quarter worth $152,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

Insider Buying and Selling

In other news, CFO Gregory Orenstein sold 3,885 shares of the company’s stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $35.05, for a total value of $136,169.25. Following the transaction, the chief financial officer now owns 276,892 shares of the company’s stock, valued at approximately $9,705,064.60. This represents a 1.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeff Horing sold 54,876 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $35.00, for a total value of $1,920,660.00. Following the completion of the transaction, the director now directly owns 4,458,591 shares in the company, valued at $156,050,685. The trade was a 1.22 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,472,665 shares of company stock worth $342,379,155. Corporate insiders own 28.40% of the company’s stock.

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.