Ncino Inc [NCNO] stock prices are up 1.19% to $29.73 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NCNO shares have gain 3.34% over the last week, with a monthly amount drifted -4.89%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ncino Inc [NASDAQ: NCNO] stock has seen the most recent analyst activity on January 06, 2025, when Barclays upgraded its rating to a Overweight but kept the price target unchanged to $44 for it. Previously, UBS started tracking the stock with Buy rating on December 16, 2024, and set its price target to $44. On December 05, 2024, Needham reiterated its Buy rating and revised its price target to $45 on the stock. Piper Sandler downgraded its rating to a Neutral but stick to its price target of $38 on December 05, 2024. Raymond James upgraded its rating to a Outperform but $38 remained the price target by the analyst firm on September 03, 2024. Goldman upgraded its rating to Buy for this stock on August 14, 2024, and upped its price target to $42. In a note dated July 22, 2024, JMP Securities initiated an Mkt Outperform rating and provided a target price of $43 on this stock.
The stock price of Ncino Inc [NCNO] has been fluctuating between $27.29 and $43.20 over the past year. Currently, Wall Street analysts expect the stock to reach $42.25 within the next 12 months. Ncino Inc [NASDAQ: NCNO] shares were valued at $29.73 at the most recent close of the market. An investor can expect a potential return of 42.11% based on the average NCNO price forecast.
Analyzing the NCNO fundamentals
The Ncino Inc [NASDAQ:NCNO] reported sales of 522.98M for trailing twelve months, representing a surge of 13.82%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.35 points at the first support level, and at 28.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.07, and for the 2nd resistance point, it is at 30.40.
Ratios To Look Out For
It’s worth pointing out that Ncino Inc [NASDAQ:NCNO]’s Current Ratio is 1.88. On the other hand, the Quick Ratio is 1.88, and the Cash Ratio is 1.44. Considering the valuation of this stock, the price to sales ratio is 6.58, the price to book ratio is 3.16.
Transactions by insiders
Recent insider trading involved Sellers Jeanette, VP of Accounting, that happened on Feb 04 ’25 when 468.0 shares were sold. Chief Lgl. & Compl. Ofc., Sec., Rieger April completed a deal on Feb 04 ’25 to sell 4325.0 shares. Meanwhile, CFO & Treasurer Orenstein Gregory sold 5148.0 shares on Feb 04 ’25.
