NCNO Stock Summary and Trading Ideas (Ncino | NASDAQ:NCNO)

Ncino Inc is a provider of cloud-based software for financial institutions. Its software solution digitizes, automates, and streamlines inefficient and complex processes & workflow and utilizes data analytics & artificial intelligence that enables financial institutions to onboard new clients, make loans and manage the entire loan life cycle, open deposits, and other accounts and manage regulatory compliance. It also offers professional services, including configuration & implementation, training, and advisory services. Ncino generates the majority of its revenue from subscription services. The company caters to financial institutions, enterprise banks, regional banks, community banks, and credit unions. The vast majority of its revenue comes from the United States.

Ncino trades on the NASDAQ stock market under the symbol NCNO.

As of March 5, 2025, NCNO stock price climbed to $30.35 with 851,124 million shares trading.

NCNO has a beta of 1.38, meaning it tends to be more sensitive to market movements. NCNO has a correlation of 0.17 to the broad based SPY ETF.

NCNO has a market cap of $3.51 billion. This is considered a Mid Cap stock.

Last quarter Ncino reported $139 million in Revenue and $.21 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.05.

In the last 3 years, NCNO traded as high as $55.40 and as low as $19.58.

The top ETF exchange traded funds that NCNO belongs to (by Net Assets): VTI, VB, VGT, VBK, VXF.

NCNO has underperformed the market in the last year with a price return of +1.1% while the SPY ETF gained +15.2%. NCNO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -28.6% and -9.0%, respectively, while the SPY returned -3.7% and -4.6%, respectively.

NCNO support price is $29.44 and resistance is $30.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NCNO shares will trade within this expected range on the day.