Desmond Sean sold $875K of NCNO

nCino (NCNO) raised its FY27 revenue guidance to $644M-$647M, up from $642M-$646M, after reporting Q2 revenues of $161M, beating estimates. EPS missed at $0.05 vs. $0.06 expected. The company authorized a $100M stock repurchase program. Shares rose 2.5% to $21.33. Analysts raised price targets, with Citizens setting it at $25, Barclays at $23, and Truist at $20.

nCino reported Q1 revenue of $161M, up 8% YoY, with subscription revenue rising 10%. GAAP operating margin improved to 8%, and non-GAAP margin reached 25%. The company completed $900B in renewals and expanded AI commitments. nCino also repurchased $65M in shares and announced a new $100M buyback program. Fiscal 2027 guidance includes revenue of $644M-$647M and free cash flow of $137M-$142M, according to FinTech Global.

nCino (NCNO) reported Q2 2027 earnings beating guidance: revenue up 8% to $161M, subscription revenue up 10% to $143.5M, and free cash flow up 170% to $34M. AI adoption drove contract renewals and expansion, while mortgage business declined due to high interest rates. The company repurchased $165M in shares and raised guidance. NCNO trades at a forward P/E of 14.60.

nCino (NCNO) reported Q2 2027 revenues of $161M, up 8% YoY, driven by subscription growth and international expansion. Subscription revenues rose 10% YoY to $143.5M. Non-GAAP operating income increased 36% YoY to $40.8M. Free cash flow surged 170% YoY to $34M. The company raised FY 2027 revenue guidance to $644M-$647M, reflecting 9% growth at the midpoint. Mortgage segment revenues declined 1% YoY due to higher interest rates. The company repurchased 10.2M shares for $165M and authorized an addi

nCino reported Q2 2027 earnings, highlighting 12% subscription revenue growth (excluding U.S. mortgage) and 48% of ACV transitioned to new platform pricing. The company renewed 4 top U.S. enterprise customers with ACV increases over 10% and demonstrated AI-driven savings. It anticipates Q4 subscription revenue growth acceleration and raised full-year free cash flow guidance to $137M-$142M. U.S. mortgage revenue declined 1% YoY due to sector consolidation, and FX headwinds impacted non-U.S. reven

Analysts from Truist and BMO Capital provided updates on nCino (NCNO), Semtech (SMTC), and Intuit (INTU). NCNO received a Hold rating with a $20.00 target, SMTC a Buy with a $155.00 target, and INTU a Buy with a $412.00 target. Analyst consensus for NCNO is Moderate Buy ($23.20 avg. target), for SMTC is Strong Buy ($199.83 avg. target), and for INTU is Moderate Buy ($385.35 avg. target).