William Blair has upgraded nCino Inc (NCNO) to Outperform from Market Perform as of October 9, 2025. The current share price stands at $24.32.
This upgrade reflects a more optimistic view of nCino's prospects, suggesting improved fundamentals or better-than-expected business performance. Analyst sentiment often shifts based on the company's strategic direction and market conditions.
nCino, headquartered in Wilmington, North Carolina, provides cloud-based software applications for financial institutions. The company employs 1,833 full-time staff and has a market capitalisation of $2.8 billion. Despite a trailing twelve months (TTM) earnings per share (EPS) of -0.29, nCino has demonstrated a capacity for positive earnings surprises in recent quarters.
The firm is scheduled to report its next earnings on August 28, 2026, with an EPS estimate of $0.24 and revenue expectations of $161.5 million. Recent performance has shown fluctuations, with a notable EPS of $0.22 in Q2 2026, exceeding expectations by 54.8%.
Analyst ratings, such as this upgrade, provide insight into market perceptions but should be considered alongside other factors, including company fundamentals and industry trends. As market conditions evolve, analyst views may also change, reflecting new information and insights.