William Blair Analysts Decrease Earnings Estimates for nCino

nCino, Inc. (NASDAQ:NCNO) – Equities research analysts at William Blair lowered their Q2 2026 earnings per share (EPS) estimates for shares of nCino in a research note issued to investors on Wednesday, April 2nd. William Blair analyst C. Kennedy now expects that the company will earn ($0.01) per share for the quarter, down from their previous forecast of $0.03. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for nCino’s current full-year earnings is $0.12 per share. William Blair also issued estimates for nCino’s Q2 2026 earnings at ($0.01) EPS, Q4 2026 earnings at $0.04 EPS and Q4 2026 earnings at $0.04 EPS.

A number of other equities analysts have also recently commented on NCNO. KeyCorp reiterated a “sector weight” rating on shares of nCino in a report on Monday, February 3rd. Piper Sandler dropped their price objective on shares of nCino from $38.00 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday. Bank of America downgraded shares of nCino from a “buy” rating to a “neutral” rating and set a $22.00 target price on the stock. in a research note on Wednesday. Barclays dropped their price target on shares of nCino from $44.00 to $24.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Raymond James reduced their price objective on shares of nCino from $42.00 to $32.00 and set an “outperform” rating on the stock in a research report on Wednesday. Ten investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, nCino currently has an average rating of “Hold” and a consensus target price of $30.33.

nCino Trading Down 1.2 %

NCNO opened at $21.45 on Friday. The stock has a 50-day moving average of $30.58 and a 200 day moving average of $33.97. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.20. nCino has a 12 month low of $18.75 and a 12 month high of $43.20. The firm has a market cap of $2.48 billion, a P/E ratio of -126.17, a P/E/G ratio of 5.77 and a beta of 0.69.

nCino (NASDAQ:NCNO) last released its quarterly earnings data on Tuesday, April 1st. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.06). nCino had a negative net margin of 3.46% and a positive return on equity of 1.62%. The business had revenue of $141.37 million for the quarter, compared to the consensus estimate of $140.81 million. During the same quarter last year, the business earned $0.21 EPS. nCino’s revenue for the quarter was up 14.3% compared to the same quarter last year.

Institutional Investors Weigh In On nCino

Hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its stake in shares of nCino by 51.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 556,757 shares of the company’s stock worth $17,588,000 after acquiring an additional 189,283 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of nCino by 16.7% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 23,884 shares of the company’s stock valued at $754,000 after purchasing an additional 3,417 shares during the last quarter. FMR LLC boosted its position in shares of nCino by 2.4% in the 3rd quarter. FMR LLC now owns 1,237,227 shares of the company’s stock worth $39,084,000 after purchasing an additional 29,501 shares in the last quarter. Glenmede Trust Co. NA purchased a new position in nCino during the 3rd quarter worth $485,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in nCino by 47.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,605 shares of the company’s stock worth $398,000 after buying an additional 4,063 shares during the last quarter. 94.76% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider April Rieger sold 4,325 shares of the business’s 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 $140,995.00. Following the completion of the transaction, the insider now owns 145,953 shares of the company’s stock, valued at $4,758,067.80. The trade was a 2.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jeff Horing sold 54,876 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $35.00, for a total value of $1,920,660.00. Following the sale, the director now owns 4,458,591 shares of the company’s stock, valued at approximately $156,050,685. This represents a 1.22 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 146,864 shares of company stock worth $4,215,221. 28.40% of the stock is currently owned by company insiders.

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

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 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.