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

Ncino Inc has demonstrated strong financial guidance for FY26, projecting subscription revenue between $513.5 million and $517.5 million, reflecting a 10% year-over-year increase at the midpoint and indicating consistent organic growth of approximately 5-6%. The company's mortgage sector exhibited particularly robust performance, achieving a notable 22% growth year-over-year, contributing to overall revenue stability. Additionally, Ncino's operating margins have expanded to 20%, with total revenue expectations set between $585 million and $589 million, signaling effective management and a healthy financial trajectory.

Ncino Inc. is experiencing projected challenges in fiscal year 2026, particularly with a notable decline in year-over-year subscription revenue growth anticipated for the fourth quarter. Recent financial performance indicates a downward trend in U.S. professional services revenue and persistent headwinds in customer expansion, particularly within consumer solutions and mortgage segments, contributing to uncertainty in revenue growth. Additionally, the company faces increasing competition that may result in pricing pressure, compounded by the potential adverse effects of a prolonged economic downturn which could impact client spending on IT services.