Latest news with #nCino
Business Insider
2 days ago
- Business
- Business Insider
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. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. 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.
Business Insider
7 days ago
- Business
- Business Insider
Baird Upgrades nCino (NCNO) to Outperform, Sees 29%
Shares of nCino (NCNO), a global provider of cloud-based software solutions in the financial services industry, are gaining momentum after an upgrade from Baird. Five-star analyst Joseph Vruwink raised the firm's rating from Neutral to Outperform and lifted the price target to $38 from $30. That implies a potential upside of about 29% from the stock's recent price of $29. Vruwink cited improved macro conditions, new product traction, and go-to-market execution as reasons for a more constructive view. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with , delivered to your inbox every week. Confidence Returns as nCino Resets and Rebounds According to Baird, management appears increasingly confident, following a financial reset earlier this year that reset investor expectations. The analyst believes nCino could deliver earnings beats in the coming quarters and sees the current setup as one of the best in years. Management meetings also highlighted stronger internal execution and increased enthusiasm around product updates. Vruwink's bullish sentiment comes as a respite for nCino, which has had a tough year, down 12% year-to-date. Most of the decline occurred in March, following the company's reset of its financial outlook for fiscal 2026. Since then, the stock has bounced back and now trades within 5% to 10% of its pre-reset levels. Vruwink believes nCino is in the early stages of regaining investor confidence. The firm expects subscription growth to return to double digits and management to reach its goal of achieving the Rule of 40, which combines profit margin and revenue growth. While the stock still faces hurdles, including cautious sentiment across small-cap software names, Baird sees a favorable risk-reward at current levels. For now, the market will be watching for signs that nCino can deliver consistent execution and meet its growth targets. Is nCino a Good Stock to Buy? On the Street, analysts are split over nCino, as it is rated Moderate Buy based on 17 analyst reviews, with 7 Buy and 10 Hold ratings. The average Wall Street price target is $31.38, indicating a 5% upside. No analysts currently rate the stock a Sell.
CNBC
14-07-2025
- Business
- CNBC
Baird upgrades this fintech stock, calls for more than 30% upside
There's a rosy outlook ahead for nCino , according to Baird. The bank upgraded the financial technology stock to outperform rating from neutral. Analyst Joe Vruwink new price target of $38, up from $30, implies potential upside of 32%. Vruwink pointed out that the backdrop looks extremely favorable for nCino. Moreover, the company's management appears to be more positive about reaching its goals. "Current setup has many parallels to our favorite stock calls: macro/spend conditions likely turning higher, 'mechanical' growth accelerants, GTM catalysts, new product momentum…all with expectations having reset lower, yielding (we believe) the best estimate upside argument in years," Vruwink wrote. "Recent travel with management underscored execution is key; many details shared are consistent with prior messaging, though confidence/enthusiasm around changes adds conviction." The company appears to be "well underway" on many initiatives that should reaccelerate its subscription growth into double digits on a year-over-year basis. Meanwhile, nCino's management is also confident it can achieve the so-called "Rule of 40" — or have a combined revenue growth rate and profit margin that exceeds 40%. Baird added that now presents an opportune time to buy into nCino, given that the company has reached an important crux in its thesis. "nCino undertook material reset in financial communications entering FY26 (Jan), and while short-term negative for the stock, we view this as a turning point in the investment case (stock now back to within 5-10% of late-March levels on relative basis)," he wrote. "In analyzing comparable episodes in small-cap vertical software, those that come back from the abyss (i.e., inflect growth rates closer to pre-reset levels) are able to fully recapture valuation (at pre-reset level)." The stock rose more than 2% following the upgrade. Shares of nCino have slipped 14% this year. NCNO YTD mountain NCNO YTD chart Analysts are mostly on the sidelines when it comes to nCino. LSEG data shows that 11 of 17 analysts covering the stock rate it a hold. Another six have a buy rating.
Finextra
25-06-2025
- Business
- Finextra
From Friction to Function: Optimising Onboarding in an Age of AML, AI and Rising Risk
Join this webinar, hosted in association with nCino, to discuss the challenges of commercial onboarding, particularly in the context of increasing regulations like the EU AML Directive and an emphasis on the importance of data strategy, AI, and streamlining Client Lifecycle Management (CLM). How can banks scale AML compliance in an increasingly complex and high-risk environment without compromising the commercial client experience? How do banks move beyond throwing people at the problem? What role does data play in transforming onboarding from a compliance burden into a competitive advantage? How can banks better collect, orchestrate, and reuse data to streamline onboarding and reduce duplication? How can banks move from reactive compliance to proactive, intelligent onboarding using automation and AI? What use cases exist today? What does good look like? How can banks lay the groundwork to scale advanced technologies responsibly? What are the practical steps to optimise onboarding journeys so that they are fast, safe, and scalable, across multiple jurisdictions? How can banks harmonise their approach while improving customer outcomes? Regulation is intensifying, with daily sanctions updates and mounting fines, yet manual workarounds still dominate. Compliance teams remain overwhelmed by outdated processes and legacy systems, often relying on human intervention to resolve complex onboarding scenarios. This approach may provide short-term cover, but it's unsustainable, costly, error-prone, and damaging to the client experience. As financial crime risk rises and regulators increase scrutiny, banks are at a tipping point: they must optimise onboarding not as a series of disconnected checks, but as a strategic function critical to both compliance and customer trust. From initial KYC to downstream processes like loan origination and lifecycle management, effective onboarding hinges on the ability to collect, connect, and reuse data intelligently. Too often, data is siloed or incomplete, leading to duplication of effort, delays, and an inconsistent experience for commercial clients. A strong data foundation can change that, enabling banks to automate routine tasks, identify risks earlier, and deliver a seamless journey from day one. Crucially, good data strategy isn't just a back-office concern, it's the engine that powers scale, speed, and regulatory resilience. Further, optimising onboarding is an essential first step, but it is only the beginning of a much broader journey. With the tools and data available today, many banks are looking for end-to-end client lifecycle management (CLM) solutions that cover everything from onboarding to relationship management, periodic reviews, compliance monitoring, and even offboarding. Having this longer term view can support banks build robust strategies, especially against the backdrop of upcoming EU AML directives and global regulatory fragmentation. Banks are under pressure to standardise processes while maintaining the agility to meet local requirements. This complexity makes it harder to maintain compliance, let alone optimise for speed or service. Institutions that succeed will be those that invest in flexible infrastructure, harness AI where it adds value, and improve onboarding journeys in a way that balances safety with simplicity. The goal isn't just to survive another round of regulation, it's to emerge more competitive, efficient, and trusted by commercial clients. Register for this Finextra webinar, hosted in association with nCino, to join our panel of industry experts who will discuss how banks can scale AML compliance in an increasingly complex and high-risk environment without compromising the commercial client experience.
Yahoo
25-06-2025
- Business
- Yahoo
JPMorgan Begins Coverage on nCino (NCNO) stock, Gives Neutral
nCino, Inc. (NASDAQ:NCNO) is one of the 10 Worst Aggressive Growth Stocks to Buy According to Short Sellers. On June 18, JPMorgan began coverage on nCino, Inc. (NASDAQ:NCNO)'s stock with a 'Neutral' rating and a price objective of $30.00. The firm saw that banks have been prioritizing functionality over configurability in nCino, Inc. (NASDAQ:NCNO)'s offerings, mainly in down-market segments. Furthermore, the company has been working to shorten project timelines via more prescriptive products and AI tools in a bid to improve profitability. A financial professional utilizing a cloud-based software application. JPMorgan believes that the digital banking space is an attractive investment arena. nCino, Inc. (NASDAQ:NCNO) is benefiting from industry experience across banking and technology, given that it was spun out as a separate company from a bank in late 2011. The firm also mentioned that nCino, Inc. (NASDAQ:NCNO) has been pivoting its focus from professional services revenue growth to improving professional services profit margins. In Q1 2026, the company's total revenues came in at $144.1 million, reflecting a rise of 13% from $128.1 million in Q1 2025, with subscription revenues for Q1 2026 coming at $125.6 million, up from $110.4 million one year ago. For Q2 2026, the company expects total revenues of between $142.0 million – $144.0 million, and subscription revenues in the range of $124.5 million – $126.5 million. nCino, Inc. (NASDAQ:NCNO) offers software solutions to financial institutions. Conestoga Capital Advisors, an asset management company, released its Q4 2024 investor letter. Here is what the fund said: 'NCino, Inc. (NASDAQ:NCNO) provides cloud-based software solutions to financial institutions to facilitate lending, account opening, and onboarding. NCNO's Bank Operating System has become the market leader in commercial lending divisions within banks. NCNO has broadened their platform to include mortgage origination, consumer lending, and small business lending. NCNO operates in a serviceable addressable market of nearly $40 billion. NCNO's revenue is 86% recurring, grows in the mid-teens range organically, and is geographically diverse with 20% coming from international markets. NCNO targets being a 'rule of 50' company and has expanded operating margins rapidly to 20%, with the goal of reaching >30%. NCNO is headquartered in Wilmington, NC.' While we acknowledge the potential of NCNO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NCNO and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
