NCNO · nCino, Inc.
$18.13
+0.18 (+1.00%)
At close · Sep 30
Return incl. dividend (before tax)
Market Cap
$2.05B
Shares
105.74M
Volume · Sep 30
2.27M
Avg daily vol (3M)
2.46M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$18.13
Open$17.93
Day$17.79–18.50
52W close$14.01–27.11
Avg vol 30d2.7M
Short int19.1M · 18.1% float · 8.1d
Short vol36%
Last earningsAug 25, 2026
DataJul 2020–Sep 2026
Filing10-Q · Aug 25
Up next
Next earnings call
Nov 28, 2026
Est · unconfirmed
· in 8 wks
filed Aug 25, 2026
call held May 27, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$622.24M
Trailing 12 months
Net income (TTM)
$33.60M
Trailing 12 months
Revenue growth YoY
+8.2%
Year over year
Operating margin
7.9%
Trailing 12 months
P / E (TTM)
59.8
Trailing earnings · reciprocal yield 1.7%
FCF yield
6.4%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$192.07M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-8.6%
Year over year · fewer shares
Price change (1Y)
-35.9%
Trailing year
Short interest
18.1%
Latest settlement · 8.1 days to cover
AI Brief
Q2 FY27 earnings call · Aug 25, 2026
Q2 FY27
TL;DR. nCino beat Q2 FY27 guidance across revenue, non-GAAP operating income, and free cash flow, and raised its full-year FY27 non-GAAP operating income and free cash flow outlook while authorizing an additional $100M share repurchase, though it trimmed U.S. mortgage subscription revenue guidance for the second half on higher-for-longer rates.
Bullish
- + Q2 non-GAAP operating income was $40.8M (25% margin, up 36% YoY), and full-year FY27 non-GAAP operating income guidance was raised to $171M–$174M (~33% YoY growth, ~500 bps margin expansion at midpoint).
- + Q2 free cash flow was $34M, up 170% YoY, and full-year FY27 free cash flow guidance was raised to $137M–$142M (~69% YoY growth at midpoint).
- + Board authorized an additional $100M share repurchase program after exhausting prior authorizations with $300M repurchased since April 2025.
- + Non-mortgage subscription revenue grew 12% YoY in constant currency with full-year FY27 ex-mortgage guidance implying 12% growth and Q4 acceleration of 400 bps YoY, attributed to AI product innovation.
- + Professional services gross margin turned positive at 3%, up 600 bps YoY from (3%).
Bearish
- − U.S. mortgage subscription revenue guidance for Q3 and Q4 FY27 was cut by ~$700K and ~$1.2M respectively on higher-for-longer rates driving incremental IMB churn.
- − Professional services revenue declined 3% YoY to $17.5M, reflecting prioritization of profitability over growth.
- − U.S. mortgage subscription revenue was $20.6M, down 1% YoY, with the higher-for-longer rate environment pressuring the independent mortgage bank market.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Weak
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
Very High
Market backdrop
VIX 16.3 · calm
Equity put/call 0.53
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−3%
below
Price vs 50-day avg
−10%
below
RSI (14)
34
neutral
MACD trend
Negative
52-week position
31%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−19%
trailing
6-month return
+2%
trailing
YTD return
−29%
this year
Relative strength
−10%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $20 › 200d $19 — 50d above 200d
Institutional flow
Accumulating
+2% holders QoQ · +76 funds added
Insider flow
Distributing
Net -$616.9K over 90 days · 100% sells
Short interest
Rising
18.10% of float · ▲ +0.7% MoM · 8.1 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
291 holders — near 3-yr high, broad support
Squeeze score
72
high risk · 0–100
Fundamentals
Revenue growth
+10%
Y/Y
Gross margin
61%
expanding
EPS growth
+115%
Y/Y
Free cash flow
$82.6M
Valuation
P/E 64.7
rich
Buyback
$200.0M
authorized
Balance sheet
$125.1M
net debt
Quant / Vol
risk profile
Volatility
49%
annualized · 1-yr
Max drawdown
−48%
past year
ATR
5.0%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 25, 2026
third quarter ending October 31, 2026
Total revenues
$161.25M – $163.25M
prior qtr $161M
midpoint +0.8% QoQ
Subscription revenues
$143.25M – $145.25M
Non-GAAP operating income
Non-GAAP
$42M – $44M
fiscal year 2027 ending January 31, 2027
Total revenues
$644M – $647M
prior FY $594.78M
midpoint +8.5% Y/Y
Non-GAAP operating income
Non-GAAP
$171M – $174M
Subscription revenues
$573.5M – $576.5M
Free Cash Flow
$137M – $142M
Annual Contract Value (ACV) at period end
$662.5M – $667.5M
Guided vs delivered
· last 7 settled
Total revenues
fiscal year 2025 ending January 31, 2025
guided $538.5M – $544.5M
$540.66M
In line
Total revenues
first quarter ending April 30, 2024
guided $126M – $127M
$128.09M
Beat +1.3%
Total revenues
fourth quarter ending January 31, 2024
guided $123.5M – $125.5M
$123.69M
In line
Total revenues
fiscal year 2024 ending January 31, 2024
guided $476.5M – $478.5M
$476.54M
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−3%
Neutral
Price vs 50-day avg
−10%
Bearish
RSI (14)
34
Neutral
MACD trend
Negative
Bearish
52-week position
31%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $20 › 200d $19 — 50d above 200d
Institutional flow
Accumulating
+2% holders QoQ · +76 funds added
Insider flow
Distributing
Net -$616.9K over 90 days · 100% sells
Short interest
Rising
18.10% of float · ▲ +0.7% MoM · 8.1 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
291 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $14
Now $18 · 31%
Range high $27
vs 200-day avg -3%
vs 50-day avg -10%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Free cash flow non-GAAP | $34M | second quarter of fiscal 2027 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Net cash provided by operating activities 34.2M
-195K Purchases of property and equipment
= Free cash flow 34M
|
|||
| Free cash flow less principal payments on financing obligations non-GAAP | 114.15M | Six Months Ended July 31, 2026 | — |
| Non-GAAP gross margin non-GAAP | 68% | Six Months Ended July 31, 2026 | — |
| Non-GAAP operating income non-GAAP | 85.34M | Six Months Ended July 31, 2026 | — |
| Non-GAAP Operating Margin non-GAAP | 25% | second quarter of fiscal 2027 | +0.0% |
|
|
|||
| Stock Repurchase Program Authorization | $100M | second quarter of fiscal 2027 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Application — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NCNO
this stock
nCino, Inc.
|
$2.05B | -29.3% | +10.0% | 64.7 | 18.1% |
|
QH
QUHUO Ltd
|
$350.35B | +242.6% | +59.7% | — | 0.0% |
|
SAP
Sap SE
|
$243.17B | -14.2% | — | — | 0.4% |
|
CRM
Salesforce, Inc.
|
$191.79B | -13.3% | +25.9% | 21.3 | 3.9% |
|
SHOP
Shopify Inc.
|
$183.03B | -7.9% | +30.1% | 95.5 | 1.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NCNO | -5.7% | -18.7% | +2.5% | -19.8% | -29.3% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -5.1% | -18.8% | -9.7% | -19.2% | -41.1% |
Capital returns
Buyback programs
· 2 active
· as of Aug 25, 2026
Authorized (total)
$200.00M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.