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nCino Inc (NCNO)

Upturn stock ratingUpturn stock rating
$26.8
Last Close (24-hour delay)
Profit since last BUY-0.67%
upturn advisory
Consider higher Upturn Star rating
BUY since 17 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

06/18/2025: NCNO (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -25.99%
Avg. Invested days 30
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/18/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.11B USD
Price to earnings Ratio -
1Y Target Price 30.33
Price to earnings Ratio -
1Y Target Price 30.33
Volume (30-day avg) 1942062
Beta 0.76
52 Weeks Range 18.75 - 43.20
Updated Date 06/19/2025
52 Weeks Range 18.75 - 43.20
Updated Date 06/19/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.25

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-05-29
When -
Estimate 0.1572
Actual 0.16

Profitability

Profit Margin -5.27%
Operating Margin (TTM) -0.12%

Management Effectiveness

Return on Assets (TTM) -0.29%
Return on Equity (TTM) -2.3%

Valuation

Trailing PE -
Forward PE 34.01
Enterprise Value 3229995264
Price to Sales(TTM) 5.64
Enterprise Value 3229995264
Price to Sales(TTM) 5.64
Enterprise Value to Revenue 5.9
Enterprise Value to EBITDA 106.77
Shares Outstanding 115942000
Shares Floating 104863371
Shares Outstanding 115942000
Shares Floating 104863371
Percent Insiders 2.32
Percent Institutions 116.33

Analyst Ratings

Rating 3.44
Target Price 30.36
Buy 5
Strong Buy 1
Buy 5
Strong Buy 1
Hold 10
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

nCino Inc

stock logo

Company Overview

overview logo History and Background

nCino, Inc. was founded in 2012 and went public in 2020. It was created from a partnership with Live Oak Bank in Wilmington, NC. It provides cloud banking and digital lending solutions built on the Salesforce platform.

business area logo Core Business Areas

  • nCino Bank Operating System: Provides a single platform for loan origination, account opening, and customer relationship management, serving financial institutions of all sizes.

leadership logo Leadership and Structure

The CEO is Pierre Naude. The company has a standard corporate structure with departments such as sales, marketing, engineering, and finance.

Top Products and Market Share

overview logo Key Offerings

  • nCino Bank Operating System: A cloud-based platform for financial institutions that combines customer relationship management (CRM), loan origination, workflow, document management, and reporting. No exact recent market share information, but they are a leading vendor in this space. Competitors include Finastra, FIS (FISV), and Temenos.

Market Dynamics

industry overview logo Industry Overview

The financial services industry is undergoing digital transformation, with increasing adoption of cloud-based solutions for improved efficiency and customer experience.

Positioning

nCino is positioned as a leading provider of cloud banking and digital lending solutions, particularly for financial institutions seeking to modernize their operations. Their competitive advantage lies in their partnership with Salesforce and deep industry expertise.

Total Addressable Market (TAM)

The TAM for cloud banking platforms is estimated to be substantial, exceeding $50 billion, as banks worldwide shift towards digital solutions. nCino is well-positioned to capture a significant portion of this TAM, although they are still relatively small compared to the entire banking technology industry.

Upturn SWOT Analysis

Strengths

  • Strong industry expertise
  • Partnership with Salesforce
  • Cloud-native platform
  • Scalable solution

Weaknesses

  • Reliance on Salesforce platform
  • Relatively smaller market share compared to legacy providers
  • High valuation relative to earnings

Opportunities

  • Growing demand for digital banking solutions
  • Expansion into new markets
  • Acquisition of smaller technology companies
  • Further integration with the Salesforce ecosystem

Threats

  • Competition from larger, established players
  • Economic downturn impacting bank IT spending
  • Cybersecurity risks
  • Changes in banking regulations

Competitors and Market Share

competitor logo Key Competitors

  • FISV
  • FNSR
  • TEMN

Competitive Landscape

nCino's advantages include its cloud-native platform and deep industry expertise. Disadvantages compared to legacy providers are smaller size and dependence on Salesforce.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: nCino has experienced rapid revenue growth in recent years, driven by increased adoption of its cloud banking platform.

Future Projections: Analysts project continued revenue growth for nCino, although potentially at a slowing pace. Profitability is expected to improve in the coming years.

Recent Initiatives: nCino has been focused on expanding its product offerings and geographic reach. Also, focusing on reducing costs and becoming more profitable

Summary

nCino is a relatively strong company in the digital banking platform sector, with consistent revenue growth and a strong industry standing. Its reliance on the Salesforce platform and the necessity to achieve profitability remain key challenges. While expansion and innovation are strong, it is critical to maintain a competitive position against larger and well-established competitors. Investors need to consider the risk of continued losses for the short term before profitability is achieved.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Analyst Reports
  • Industry Research
  • Company Investor Relations

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly, and past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About nCino Inc

Exchange NASDAQ
Headquaters Wilmington, NC, United States
IPO Launch date 2020-07-14
CEO, President & Director Mr. Sean Desmond
Sector Technology
Industry Software - Application
Full time employees 1833
Full time employees 1833

nCino, Inc., a software-as-a-service company, provides software solutions to financial institutions in the United States, the United Kingdom, and internationally. It offers solutions on the nCino Platform, including Onboarding solution that streamlines and enhances the customer onboarding process through a digital platform for credit and non-credit onboarding, commercial account opening, and enterprise-level onboarding; and Account Opening solution, which includes Deposit Account Opening solution for consumers and small businesses. The company also provides Lending solution, which provides a loan origination platform for commercial, consumer, small business, and mortgage lending, such as Commercial Loan Origination System that automates loan lifecycle; Consumer Lending solution, which offers an omnichannel solution with automated credit decisioning and integrations; and Small Business Loan Origination solution for automation and machine learning. In addition, it offers Portfolio Management solution to manage credit risks, monitor performance, and uncover growth opportunities through data-driven platform; and Portfolio Analytics solution, which offers customizable dashboards to track loan, deposit, and application data. The company serves community banks, credit unions, enterprise banks, independent mortgage banks, building societies, and mutuals directly through its business development managers, account executives, field sales engineers, and customer success managers. nCino, Inc. was founded in 2011 and is headquartered in Wilmington, North Carolina.