NCNO vs FISV

For growth investors, nCino, Inc.

(NCNO) is the stronger pick with 13. 5% revenue growth year-over-year, versus 3. 6% for Fiserv, Inc. (FISV). Fiserv, Inc. (FISV) offers the better valuation at 8. 9x trailing P/E (7. 0x forward), making it the more compelling value choice. Analysts rate nCino, Inc. (NCNO) a "Buy" — based on 23 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On forward P/E, Fiserv, Inc.

is actually cheaper at 7. 0x.

Over the past 5 years, Fiserv, Inc.

(FISV) delivered a total return of -52. 5%, compared to -69. 1% for nCino, Inc. (NCNO). Over 10 years, the gap is even starker: FISV returned +9. 7% versus NCNO's -80. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Fiserv, Inc.

(FISV) is the lower-risk stock at 0. 94β versus nCino, Inc. 's 1. 18β — meaning NCNO is approximately 26% more volatile than FISV relative to the S&P 500. On balance sheet safety, nCino, Inc. (NCNO) carries a lower debt/equity ratio of 22% versus 113% for Fiserv, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), nCino, Inc.

(NCNO) is pulling ahead at 13. 5% versus 3. 6% for Fiserv, Inc. (FISV). On earnings-per-share growth, the picture is similar: Fiserv, Inc. grew EPS 17. 8% year-over-year, compared to 13. 2% for nCino, Inc.. Over a 3-year CAGR, NCNO leads at 25. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Fiserv, Inc.

(FISV) is the more profitable company, earning 16. 4% net margin versus -7. 0% for nCino, Inc. — meaning it keeps 16. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FISV leads at 26. 9% versus -3. 4% for NCNO. At the gross margin level — before operating expenses — NCNO leads at 60. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Fiserv, Inc.

(FISV) trades at 7. 0x forward P/E versus 19. 6x for nCino, Inc. — 12. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NCNO: 85. 4% to $32. 33.

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

For long-horizon retirement investors, Fiserv, Inc.

(FISV) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 94)). Both have compounded well over 10 years (FISV: +9. 7%, NCNO: -80. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: NCNO is a small-cap quality compounder stock; FISV is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.