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NCNOnCino, Inc.
$20.43$2.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
NCNO logo

nCino, Inc.

NCNO
NASDAQ · Application Software
$20.43
At close - Sep 21, 4:00 PM EDT - USD
Market Cap$2.24B
P/E408.6x
52W High$30.64
Volume2.06M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2027Q2

Leverage-Fueled Buybacks Mask Structural Margin Ceiling

nCino is demonstrating a clear path to profitability, with operating income swinging from a $9.3M loss in 2026Q2 to a $13.6M profit in 2027Q2, driven by disciplined cost control. However, this turnaround is occurring against a backdrop of decelerating revenue ...

GrowthDecelerating
ProfitabilityStrained
ValuationExpensive
TechnicalsMixed
Explore valuation models
MARKET ACTION

NCNO price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

+1034% Peers

P/E is 1034% above peer median

03

Market leadership

RS 81 · Leader

High momentum (Outperforming 81% of market)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Nov 25

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
NCNO-17.12%
S&P 500 (^GSPC)+13.22%
1-Year Return
NCNO-32.62%
S&P 500 (^GSPC)+15.99%
3-Year Return
NCNO-36.18%
S&P 500 (^GSPC)+80.95%
5-Year Return
NCNO-73.51%
S&P 500 (^GSPC)+72.13%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
393.4x
Forward P/EExpansion
21.7x
EV/EBITDA100th %ile
629.3x
FCF YieldCash Flow
3.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
393.4x
427.0x
0th· Low
EV/EBITDA
629.3x
221.4x
100th· High
Price/FCF
26.1x
66.4x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$9.38-54.1%
Base (Fair)$16.31-22.5%
Bull$20.13-1.5%
$9.38 Bear$16.31 Base$20.13 Bull
Current Market Price: $20.43
Trades at a 25.3% premium to Base DCF ($16.31)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$595M+10.0% YoY
Net income
$5M+113.7% YoY
Free cash flow
$83M+56.0% YoY
Operating margin
0.6%+4.0 pts YoY
ROIC (TTM)0.2%
Avg ROIC 5Y-
ROE (TTM)0.5%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 25, 2026
$0.30+12.9%
vs $0.27
$161M+1.2%
vs $159M
Q2 2026
May 27, 2026
$0.33+17.9%
vs $0.28
$159M+2.3%
vs $156M
Q2 2026
Mar 31, 2026
$0.37+76.2%
vs $0.21
$150M+1.2%
vs $148M
Q4 2025
Dec 3, 2025
$0.31+50.0%
vs $0.21
$152M+3.3%
vs $147M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
The Motley Fool·Sep 8, 2026
nCino's 2026 Outlook: AI-Driven Agentic Workflows Drive Sustainable Profitability

The company achieved its first year of GAAP profitability in 2026. Revenue growth has decelerated to 10% as the mortgage market faces headwinds.

Zacks Investment Research·Sep 4, 2026
nCino (NCNO)'s Technical Outlook is Bright After Key Golden Cross

After reaching an important support level, nCino Inc. (NCNO) could be a good stock pick from a technical perspective. NCNO recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

PYMNTS·Sep 3, 2026
nCino Expands Buyback as AI Demand Supports Growth

nCino reported higher revenue and profitability for its fiscal second quarter while authorizing another $100 million for share repurchases, as the banking software provider pointed to growing customer commitments to its artificial intelligence capabilities.

GlobeNewsWire·Sep 2, 2026
nCino to Participate in Upcoming Investor Event

WILMINGTON, N.C., Sept. 02, 2026 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the platform for agentic AI banking, today announced its participation in the following investor conference: Piper Sandler Growth Frontiers ConferencePresentation: Wednesday, September 16, 2026, at 11:30 a.m.

Filtered for nCino, Inc.More Headlines
04

Compare before deciding

Benchmark NCNO against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for nCino, Inc. (NCNO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NCNO logoNCNOnCino, Inc.Current
$20.43$2.24B408.6010.01%0.87%0.48%—
QTWO logoQTWOQ2 Holdings, Inc.
$57.93$3.61B72.4114.12%10.87%14.49%—
TOST logoTOSTToast, Inc.
$29.80$17.28B53.2124.05%7.14%23.79%—
ALKT logoALKTAlkami Technology, Inc.
$18.51$1.98B-40.2432.89%-9.21%-12.48%—
ICE logoICEIntercontinental Exchange, Inc.
$155.37$87.62B26.939.27%30%13.78%—
FISV logoFISVFiserv, Inc.
$46.47$24.78B7.333.6%13.42%10.76%—

Compare NCNO vs Peers

nCino, Inc. (NCNO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs QTWO

Most directly comparable listed peer for NCNO.

Scale Benchmark

vs MSFT

Larger-name benchmark to compare NCNO against a more recognizable public peer.

Peer Set

Compare Top 5

vs QTWO, TOST, ALKT, ICE

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

NCNO SEC Filings & Documents

nCino, Inc. (NCNO) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 25, 2026·SEC

Material company update

May 27, 2026·SEC

Material company update

Mar 31, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 31, 2026·SEC

FY 2025

Apr 1, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 25, 2026·SEC

FY 2026

May 27, 2026·SEC

FY 2025

Dec 3, 2025·SEC

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NCNO Frequently Asked Questions

nCino, Inc. (NCNO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is nCino, Inc.'s revenue?

nCino, Inc. (NCNO) reported $622.2M in revenue for fiscal year 2026. This represents a 970% increase from $58.1M in 2018.

How fast is nCino, Inc. growing?

nCino, Inc. (NCNO) grew revenue by 10.0% over the past year. This is steady growth.

Is NCNO profitable?

Yes, nCino, Inc. (NCNO) is profitable, generating $33.6M in net income for fiscal year 2026 (0.9% net margin).

Dividend & Returns
What is NCNO's return on equity?

nCino, Inc. (NCNO) has a return on equity (ROE) of 0.5%. This is below average, suggesting room for improvement.

What is nCino, Inc.'s free cash flow?

nCino, Inc. (NCNO) generated $132.2M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in NCNO back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →