
nCino, Inc. (NCNO) Stock Forecast & Price Target
nCino, Inc. (NCNO) Analyst Ratings
Bulls say
Ncino is positioned well in the financial technology (fintech) market as its cloud-based software solutions are in high demand from financial institutions looking to streamline their operations and increase efficiency. With a strong outlook for the company's subscription growth, improved profitability through AI-enabled productivity gains, and increasing adoption of its Banking Advisor platform, Ncino is well-positioned for continued success in the banking industry. This, combined with a favorable risk-reward profile, levels of investment in innovation, and attractive valuation metrics, leads analysts to have a positive outlook on Ncino's stock as the company continues to grow and expand its market share.
Bears say
Ncino is facing tough headwinds in the form of rising inflation and interest rates, resulting in an economic downturn that will weigh on profit margins for the banking sector and put pressure on bank IT budgets. In addition, persistent mortgage headwinds and a potential shift in investor sentiment could compress NCNO's valuation, making it difficult for the company's growth to outweigh its lack of profitability in the near term. Unless NCNO is able to win deals with larger banks and accelerate its growth in international markets, it is unlikely to justify its current revenue multiple of 8x by FY28, and we believe an EV/revenue multiple of ~2x to be more appropriate.
This aggregate rating is based on analysts' research of nCino, Inc. and is not a guaranteed prediction by Public.com or investment advice.
nCino, Inc. (NCNO) Analyst Forecast & Price Prediction
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