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Upturn AI SWOT - About
NCNO 
nCino Inc (NCNO)
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Upturn Advisory Summary
09/16/2025: NCNO (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
16 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $35.61
1 Year Target Price $35.61
| 1 | Strong Buy |
| 5 | Buy |
| 10 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -29.46% | Avg. Invested days 32 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/16/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.50B USD | Price to earnings Ratio - | 1Y Target Price 35.61 |
Price to earnings Ratio - | 1Y Target Price 35.61 | ||
Volume (30-day avg) 16 | Beta 0.72 | 52 Weeks Range 18.75 - 43.20 | Updated Date 09/16/2025 |
52 Weeks Range 18.75 - 43.20 | Updated Date 09/16/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.29 |
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 2025-08-26 | When - | Estimate 0.14 | Actual 0.22 |
Profitability
Profit Margin -5.86% | Operating Margin (TTM) 2.39% |
Management Effectiveness
Return on Assets (TTM) -0.14% | Return on Equity (TTM) -2.56% |
Valuation
Trailing PE - | Forward PE 37.45 | Enterprise Value 3631414924 | Price to Sales(TTM) 6.11 |
Enterprise Value 3631414924 | Price to Sales(TTM) 6.11 | ||
Enterprise Value to Revenue 6.34 | Enterprise Value to EBITDA 113.81 | Shares Outstanding 115815000 | Shares Floating 105801379 |
Shares Outstanding 115815000 | Shares Floating 105801379 | ||
Percent Insiders 2.34 | Percent Institutions 118.32 |
Upturn AI SWOT
nCino Inc
Company Overview
History and Background
nCino, Inc. was founded in 2012 by Neil Underwood and P. Hardy in Wilmington, North Carolina. It emerged from Live Oak Bank, focusing on modernizing banking with cloud-based software. The company went public in July 2020.
Core Business Areas
- Bank Operating System: nCino's core offering is a cloud-based Bank Operating System built on the Salesforce platform, designed to streamline and automate various banking processes, including loan origination, account opening, and customer relationship management.
- Mortgage Suite: A suite of solutions specifically designed to digitize and automate the mortgage lending process.
- nCino IQ (Intelligence Quotient): AI and machine learning-powered capabilities embedded in the nCino platform to enhance decision-making and efficiency. It focuses on automating repetitive tasks and predicting outcomes.
Leadership and Structure
Pierre Naudu00e9 serves as Chairman and CEO. The company has a typical corporate structure with departments focusing on sales, marketing, product development, engineering, and customer success. A board of directors provides oversight.
Top Products and Market Share
Key Offerings
- Bank Operating System: nCino's Bank Operating System is the flagship product. While specific market share data is difficult to pinpoint, nCino is a leading provider in the cloud banking software space. Competitors include FIS (FIS), Temenos (TEMN.SW), and Finastra. Revenue is largely attributed to this product.
- Mortgage Suite: The Mortgage Suite digitizes the mortgage process. Specific market share data is not readily available. Competitors include Blend, Ellie Mae (owned by Intercontinental Exchange (ICE)).
- nCino IQ (Intelligence Quotient): nCino IQ utilizes AI to create efficiencies. Market share data is not specifically tracked for this aspect. Competitors include companies developing AI-based solutions for the financial services sector such as IBM (IBM) and smaller fintech companies specializing in AI.
Market Dynamics
Industry Overview
The financial technology (fintech) industry is experiencing significant growth, driven by the need for digital transformation in banking and financial services. Cloud computing, AI, and automation are key trends. Regulatory compliance and cybersecurity are crucial considerations.
Positioning
nCino positions itself as a leader in cloud banking software, offering a comprehensive platform that addresses the needs of banks and credit unions. Its competitive advantages include its deep understanding of the banking industry, its focus on innovation, and its strong customer relationships.
Total Addressable Market (TAM)
The total addressable market for banking software is estimated to be in the tens of billions of dollars. nCino is well-positioned to capture a significant share of this market as banks increasingly adopt cloud-based solutions. Analysts estimate the TAM at around $170B by 2027.
Upturn SWOT Analysis
Strengths
- Cloud-native platform
- Deep industry expertise
- Strong customer relationships
- Scalable architecture
- Integration with Salesforce
Weaknesses
- Dependence on Salesforce platform
- Relatively high implementation costs
- Limited presence in certain international markets
- Profitability challenges
Opportunities
- Expanding into new markets and geographies
- Developing new products and services
- Acquiring complementary technologies
- Leveraging AI and machine learning
- Partnerships with larger financial institutions
Threats
- Increased competition from established players
- Rapid technological changes
- Economic downturn
- Regulatory changes
- Security breaches
Competitors and Market Share
Key Competitors
- FIS (FIS)
- TEMN.SW
- FNSR
Competitive Landscape
nCino possesses a strong focus on cloud-native solutions and deep banking expertise, whereas competitors can benefit from longer established relationships and bundled services.
Major Acquisitions
SimpleNexus
- Year: 2021
- Acquisition Price (USD millions): 1200
- Strategic Rationale: Enhanced their mortgage solutions and expanded their reach in the mortgage lending market.
Growth Trajectory and Initiatives
Historical Growth: nCino has experienced rapid revenue growth since its founding, driven by the increasing adoption of cloud banking solutions.
Future Projections: Analysts project continued revenue growth for nCino, driven by expansion into new markets and the introduction of new products.
Recent Initiatives: Recent initiatives include expanding its product portfolio with AI-powered solutions and forging partnerships with larger financial institutions.
Summary
nCino is a prominent player in the cloud banking software industry with a solid revenue growth trajectory. However, its lack of profitability poses a challenge. Its strengths lie in its cloud-native platform and deep industry expertise. nCino needs to watch out for increased competition and the challenge of maintaining profitability.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Analyst Reports (e.g., from Morgan Stanley, Goldman Sachs)
- Industry Publications (e.g., American Banker, Fintech News)
- Company Press Releases
- Financial News Outlets (e.g., Bloomberg, Reuters)
Disclaimers:
The information provided is for informational purposes only and should not be construed as financial advice. Market share data is based on estimates and may vary. Financial performance data is based on publicly available information and may be subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.ncino.com |
Full time employees 1833 | Website https://www.ncino.com | ||
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.
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