nCino, Inc. (NCNO)

NASDAQ: NCNO · IEX Real-Time Price · USD
30.53
+0.42 (1.39%)
May 31, 2024, 4:00 PM EDT - Market closed
1.39%
Market Cap 3.51B
Revenue (ttm) 490.96M
Net Income (ttm) -34.08M
Shares Out 115.08M
EPS (ttm) -0.31
PE Ratio n/a
Forward PE 53.41
Dividend n/a
Ex-Dividend Date n/a
Volume 1,593,684
Open 30.42
Previous Close 30.11
Day's Range 29.74 - 30.66
52-Week Range 23.43 - 37.48
Beta 0.57
Analysts Buy
Price Target 35.64 (+16.74%)
Earnings Date May 29, 2024

About NCNO

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. The company's nIQ, an application suite that utilizes data analytics and artificial intelligence and machine learning to provide its ... [Read more]

Sector Technology
IPO Date Jul 14, 2020
Employees 1,791
Stock Exchange NASDAQ
Ticker Symbol NCNO
Full Company Profile

Financial Performance

In 2023, nCino's revenue was $476.54 million, an increase of 16.71% compared to the previous year's $408.32 million. Losses were -$42.35 million, -58.78% less than in 2022.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for NCNO stock is "Buy." The 12-month stock price forecast is $35.64, which is an increase of 16.74% from the latest price.

Price Target
$35.64
(16.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

nCino to Participate in Upcoming Investor Event

WILMINGTON, N.C., May 30, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced its participation in the following...

1 day ago - GlobeNewsWire

NCino Reports Demand for Cloud Banking, AI Drives Record Sales

NCino reported Wednesday (May 29) that demand for its single-platform cloud banking solution and artificial intelligence (AI) features drove record gross sales in the most recent quarter. The company ...

2 days ago - PYMNTS

nCino Reports First Quarter Fiscal Year 2025 Financial Results

• Total Revenues of $128.1M , up 13% year-over-year • Subscription Revenues of $110.4M , up 13% year-over-year • GAAP Operating Margin of (3)% , up ~500 basis points year-over-year • Non-GAAP Operatin...

2 days ago - GlobeNewsWire

M&T Bank Expands Use of nCino with Adoption of Continuous Credit Monitoring Solution Powered by Rich Data Co's Explainable AI Platform

nCino's Continuous Credit Monitoring Solution will help assess credit risks and monitor loan performance nCino's Continuous Credit Monitoring Solution will help assess credit risks and monitor loan pe...

16 days ago - GlobeNewsWire

nCino Announces Timing of its First Quarter Fiscal Year 2025 Financial Results Conference Call

WILMINGTON, N.C., May 14, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO),  a pioneer in cloud banking for the global financial services industry, will report financial results for its first quart...

17 days ago - GlobeNewsWire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of nCino, Inc. (NASDAQ: NCNO)

NEW YORK , May 2, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating nCino, Inc. (NASDAQ: NCNO) on behalf of the company's shareholders. The investigation seeks to determi...

4 weeks ago - PRNewsWire

Libro Credit Union Selects nCino to Empower Employees and Positively Impact Ontario Community

Top Ontario-based credit union to replace legacy platforms with nCino's single platform for a more seamless user experience and streamlined lending operations Top Ontario-based credit union to replace...

4 weeks ago - GlobeNewsWire

Together Selects nCino to Revolutionise its Lending Business

U.K. property lender to leverage nCino's cloud-based platform across core services U.K. property lender to leverage nCino's cloud-based platform across core services

5 weeks ago - GlobeNewsWire

NCino Expands Omnichannel Functionality of Consumer Banking Solution

NCino expanded the omnichannel functionality of its Consumer Banking Solution for banks and credit unions. The expansion helps bankers interact with consumers where and how those customers want to eng...

2 months ago - PYMNTS

nCino Unveils Latest Enhancements to its Consumer Banking Solution

WILMINGTON, N.C, April 01, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced a series of enhancements to its C...

2 months ago - GlobeNewsWire

FinTech IPO Index Up Slightly as nCino's Gains Offset Huize's Slide

Earning season's set to begin in just a few weeks — but we're still not quite done with, well, earnings season. The FinTech IPO Index was up 0.3% through the past five sessions as nCino's stock soared...

2 months ago - PYMNTS

nCino Stock Surges After Earnings Beat as Subscriptions Jump—Key Levels to Watch

Cloud-based banking company nCino (NCNO) posted a quarterly earnings that sailed past analysts' forecasts, sending its shares sharply higher ahead of the opening bell Wednesday morning.

2 months ago - Investopedia

nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Q4 Total Revenues of $123.7 M, up 13% year-over-year Fiscal Year 2024 Total Revenues of $476.5 M, up 17% year-over-year Q4 Subscription Revenues of $107.5 M, up 16% year-over-year Fiscal Year 2024 Sub...

2 months ago - GlobeNewsWire

nCino's Single Platform Selected by Desjardins to Automate Loan Origination Process Through Machine Learning

North America's largest cooperative financial group to leverage nCino's automated spreading solution, powered by nIQ, to drive increased efficiency North America's largest cooperative financial group ...

2 months ago - GlobeNewsWire

FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services

nCino to provide Puerto Rican bank with platform to deliver exceptional customer experiences and create new efficiencies across its commercial lending services from origination to portfolio management...

2 months ago - GlobeNewsWire

NCino to Acquire DocFox, Enhance Onboarding in Cloud Banking Solutions

NCino plans to acquire DocFox to create a single platform that will enable financial institutions to manage the entire client lifecycle. The combined solution will encompass information intake, docume...

2 months ago - PYMNTS

nCino to Acquire DocFox

Joint capabilities will simplify, automate, and drive efficiency across the onboarding and account opening experience for commercial and business banking Expands nCino's solution to help financial ins...

2 months ago - GlobeNewsWire

The Saikyo Bank Partners with nCino to Enhance Operational Efficiency and Customer-Centric Services

Japanese regional bank selects nCino to create a customer-driven mortgage lending experience by streamlining processes and systems onto a single platform Japanese regional bank selects nCino to create...

3 months ago - GlobeNewsWire

nCino Announces Timing of its Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call

WILMINGTON, N.C., Feb. 13, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, will report financial results for its fourth quar...

3 months ago - GlobeNewsWire

Mechanics & Farmers Bank Using nCino's Cloud Banking Platform to Effectively Deliver on its Mission to Empower Diverse Communities

North Carolina-based community bank implements nCino solutions to meet demands for accessible capital and serve customers more efficiently North Carolina-based community bank implements nCino solution...

4 months ago - GlobeNewsWire

The Bank of Bennington Expands Partnership with nCino to Include Consumer Lending

Community bank brings together lines of business from mortgage to consumer to harness benefits of a single platform Community bank brings together lines of business from mortgage to consumer to harnes...

4 months ago - GlobeNewsWire

Conexus Credit Union Selects nCino for a Frictionless Member Experience

Canadian credit union to automate workflows and consolidate and optimize its tech stack with the nCino Cloud Banking Platform Canadian credit union to automate workflows and consolidate and optimize i...

4 months ago - GlobeNewsWire

nCino to Participate in Upcoming Investor Conference

WILMINGTON, N.C., Jan. 04, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced its participation in the followin...

5 months ago - GlobeNewsWire

Camden National Bank Adopts Advanced Mortgage Origination and Closing Solutions by nCino

Maine's largest bank chooses innovative technologies from cloud banking leader to modernize point-of-sale and support fully remote online notarization Maine's largest bank chooses innovative technolog...

5 months ago - GlobeNewsWire

Salesforce Expands Partnership With Cloud Banking Firm nCino

Cloud banking firm nCino has expanded its 12-year-old collaboration with Salesforce. “Our strategic partnership with Salesforce has enabled nCino to transform the financial services industry by provid...

Other symbols: CRM
5 months ago - PYMNTS