On Dec 06, major Wall Street analysts update their ratings for $nCino (NCNO.US)$, with price targets ranging from $43 to $45.
Barclays analyst Saket Kalia maintains with a hold rating, and maintains the target price at $44.
Needham analyst Mayank Tandon maintains with a buy rating, and adjusts the target price from $40 to $45.
Truist Financial analyst Terry Tillman maintains with a buy rating.
JMP Securities analyst Aaron Kimson maintains with a buy rating, and maintains the target price at $43.
KBW analyst Ryan Tomasello maintains with a buy rating, and adjusts the target price from $49 to $44.
Furthermore, according to the comprehensive report, the opinions of $nCino (NCNO.US)$'s main analysts recently are as follows:
While anticipating a period of organic subscription revenue weakness as an opportunity for a more favorable entry point, and showing interest in adopting a positive stance before potential policy shifts and net interest income inflection, it is suggested that the company's shares are likely 'in the penalty box' until it can demonstrate acceleration. It is viewed that this acceleration is necessary for multiple expansion.
nCino's Q3 results surpassed expectations due to strong subscription revenue growth and effective cost management. The company's sales execution continues to be impressive, evidenced by a 5.3% increase from Q2 and 19.4% year-over-year growth in its Remaining Performance Obligation, fueled by significant achievements in both U.S. and international markets. The challenges in the mortgage sector are seen as temporary, and the recent sell-off in nCino shares is regarded as excessive.
nCino demonstrated robust growth in Q3, although their forecast for Q4 fell short of expectations. The core US markets continue to show strength and there was significant deal activity internationally as expected; however, the mortgage sector is still a mitigating factor, with management recognizing increased churn and a more subdued Q4 recovery outlook as interest rates stay high.
Here are the latest investment ratings and price targets for $nCino (NCNO.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美东时间12月6日，多家华尔街大行更新了$nCino (NCNO.US)$的评级，目标价介于43美元至45美元。
巴克莱银行分析师Saket Kalia维持持有评级，维持目标价44美元。
Needham分析师Mayank Tandon维持买入评级，并将目标价从40美元上调至45美元。
储亿银行分析师Terry Tillman维持买入评级。
JMP Securities分析师Aaron Kimson维持买入评级，维持目标价43美元。
KBW分析师Ryan Tomasello维持买入评级，并将目标价从49美元下调至44美元。
此外，综合报道，$nCino (NCNO.US)$近期主要分析师观点如下：
在预期有机订阅营业收入疲软阶段作为更有利的入场点，并在潜在政策变化和净利息收入转折前表现出采取积极立场的兴趣时，有人建议该公司的股票可能会被视为"惩罚区"，直到它能够展示加速增长。这一加速被视为多元化扩张的必要条件。
ncino的第三季度业绩超出预期，得益于强劲的订阅营业收入增长和有效的成本管理。公司的销售执行能力依然出色，从第二季度增长了5.3%，年同比增长19.4%，其剩余业绩义务的显著成就推动了美国和国际市场的显著发展。抵押贷款板块的挑战被视为暂时的，近期ncino股票的抛售被认为是过度的。
尽管ncino在第三季度表现出强劲的增长，但他们对第四季度的预测未能达到预期。核心美国市场仍然表现强劲，国际市场也有显著的交易活动，如预期的那样；然而，抵押贷款板块仍然是一个缓和因素，管理层注意到流失率增加，且由于利率保持高位，第四季度的复苏前景较为温和。
以下为今日5位分析师对$nCino (NCNO.US)$的最新投资评级及目标价：
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
