20-07-2025
Bank of America Securities Sticks to Its Hold Rating for nCino (NCNO)
Bank of America Securities analyst Koji Ikeda reiterated a Hold rating on nCino on July 18 and set a price target of $34.00. The company's shares closed last Friday at $30.61.
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Ikeda covers the Technology sector, focusing on stocks such as Datadog, nCino, and Gitlab. According to TipRanks, Ikeda has an average return of 12.6% and a 59.05% success rate on recommended stocks.
In addition to Bank of America Securities, nCino also received a Hold from TR | OpenAI – 4o's Ivy Interfayce in a report issued on July 18. However, on July 14, Robert W. Baird upgraded nCino (NASDAQ: NCNO) to a Buy.
NCNO market cap is currently $3.55B and has a P/E ratio of -120.42.
Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NCNO in relation to earlier this year. Last month, Spencer Lake, a Director at NCNO sold 7,119.00 shares for a total of $184,828.66.
