nCino, Inc. (NCNO) Stock Forecast & Price Target

Ncino Inc. has projected its subscription revenue for FY26 to be between $513.5 million and $517.5 million, reflecting a year-over-year growth of approximately 10%, indicating robust demand for its cloud-based software solutions. The company's anticipated earnings per share (EPS) for FY26 is forecasted to rise to between $0.77 and $0.80, up from the previous estimate, signaling strengthened profitability. Additionally, international subscription revenues grew by 30% year-over-year, illustrating Ncino's expanding market presence and diversification beyond the U.S., contributing to a favorable long-term growth outlook.

Ncino Inc anticipates a deceleration in revenue growth, particularly highlighted by lower year-over-year subscription revenue rates and stagnant inorganic subscription revenues for FY26. The company faces significant challenges including competition leading to potential pricing pressure, slow customer expansion, and continued difficulties within the mortgage segment, which contribute to an uncertain growth outlook. Additionally, external economic factors, such as a potential prolonged economic downturn and low interest rates, threaten to impact client spending and, consequently, Ncino's bookings and overall revenue growth.