ODD, ROAD, and NCNO it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 6, 2024.
nCino's Q3 results reflect strong revenue growth and improved margins. Yet, it faces challenges in managing market expansion and industry competition.
nCino (NCNO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
nCino (NCNO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Despite nCino's solid Q3 performance, including revenue and adjusted EPS exceeding estimates, the company's guidance fell short of consensus, leading to a 12.4% stock drop. The company continues to grow through acquisitions and organic means, with a notable 13.9% revenue increase driven by existing and new customers. Profitability metrics improved, but the stock remains highly expensive, requiring significant cash flow and EBITDA growth to justify its valuation.
Piper Sandler analyst Brent A. Bracelin downgraded nCino, Inc. NCNO to Neutral from Overweight, with a price forecast of $38.
nCino, Inc. (NASDAQ:NCNO ) Q3 2025 Earnings Call Transcript December 4, 2024 4:30 PM ET Company Participants Harrison Masters - Director, IR Pierre Naude - Chairman, CEO Greg Orenstein - CFO Conference Call Participants Michael Infante - Morgan Stanley Adam Hotchkiss - Goldman Sachs Robert Dee - Truist Securities Brent Bracelin - Piper Sandler Saket Kalia - Barclays Alex Sklar - Raymond James Koji Ikeda - Bank of America Ryan Tomasello - KBW Chris Kennedy - William Blair Nick Altmann - Scotiabank Aaron Kimson - Citizens JMP Charles Nabhan - Stephens Operator Hello, everyone and welcome to nCino Third Quarter Financial Results Conference Call for the year 2025. At this time, all participants are in a listen-only mode.
NCino (NCNO) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.14 per share a year ago.
The company unveiled its results for the second quarter of fiscal 2025, scoring minor beats on both revenue and net income. The story was quite different with guidance, however.
nCino, Inc. shares plummeted 13% due to lower-than-expected GAAP earnings and third-quarter revenue guidance, despite higher-than-expected revenue and adjusted EPS for Q2 2025. The company remains unprofitable and overvalued, justifying my continued 'sell' rating, which has been accurate since September 2022. nCino's SaaS platform for financial institutions shows impressive revenue growth, mainly from new and existing customers, but profitability issues persist.
nCino actually beat sales and earnings expectations in Q2. But the company's third-quarter guidance fell short of Wall Street's expectations.
nCino, Inc. (NASDAQ:NCNO ) Q2 2025 Earnings Conference Call August 27, 2024 4:30 PM ET Company Participants Harrison Masters - Director, IR Pierre Naude - Chairman, CEO Greg Orenstein - CFO Conference Call Participants Adam Hotchkiss - Goldman Sachs Terry Tillman - Truist Securities Aaron Kimson - Citizens JMP Saket Kalia - Barclays Charles Nabhan - Stephens Alex Sklar - Raymond James Michael Infante - Morgan Stanley John Gomez - Scotiabank Joe Vruwink - Baird Robert Trout - Macquarie Capital Ryan Tomasello - KBW Chris Kennedy - William Blair Operator Good day, and thank you for standing by, and welcome to nCino Second Quarter Fiscal Year 2025 Financial Results Conference Call. At this time, all participants are in a listen-only mode.