nCino, Inc.

NasdaqGS:NCNO Stock Report

Market Cap: US$2.0b

nCino Management

Management criteria checks 4/4

nCino's CEO is Sean Desmond, appointed in Feb 2025, has a tenure of 1.25 years. total yearly compensation is $3.09M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.51% of the company’s shares, worth $10.30M. The average tenure of the management team and the board of directors is 3.3 years and 3.5 years respectively.

Key information

Sean Desmond

Chief executive officer

US$3.1m

Total compensation

CEO salary percentage11.68%
CEO tenure1.3yrs
CEO ownership0.5%
Management average tenure3.3yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

NCNO: AI Agent Adoption And Moat Resilience Will Support Repricing

Analysts have trimmed their average price targets on nCino by single to mid teens dollar amounts, with reductions of up to $15 partially offset by smaller $1 to $2 increases, as they reassess sector risks and the impact of AI on competitive moats in vertical software. Analyst Commentary Recent Street research on nCino points to a mixed setup, with several price target cuts offset by a smaller group of modest upward adjustments.

NCNO: AI Moat Resilience And Lending Workflow Adoption Will Support Repricing

The updated analyst price target for nCino has been revised to $24.00 from $33.14 as analysts reset valuation assumptions following a series of mixed target cuts and a few modest raises across the Street. Analyst Commentary Analysts are split on nCino, with several firms trimming price targets by wide margins while a smaller group is lifting targets or upgrading the stock.

nCino: The Picture Is Getting Better, But It's Not Cheap Enough For An Upgrade

Apr 01

NCNO: AI Moat Resilience And Mortgage Workflow Automation Will Support Repricing

Analysts trimmed nCino's price target to $16 from $30, citing broad concern that the rapid spread of AI could pressure competitive moats across vertical software names and weigh on valuation support. Analyst Commentary Recent Street research has centered on how rapid AI adoption could affect nCino's long term positioning and valuation.

NCNO: AI Moat Execution And Buybacks Will Support Future Repricing

Analysts have cut their price target on nCino to $16 from $30, citing broad pressure across vertical software names as rapid AI adoption raises fresh questions about competitive moats and long term defensibility. Analyst Commentary Bullish Takeaways Some bullish analysts see the lower US$16 price target as a reset that better aligns expectations with current sector sentiment, which can reduce pressure on nCino to deliver near term outperformance.

Slow AI Adoption And Tough Renewals Will Eventually Reward Patient Belief In Modernization

Catalysts About nCino nCino provides a unified cloud platform that financial institutions use to manage lending, onboarding, account opening and portfolio management. What are the underlying business or industry changes driving this perspective?

NCNO: AI Execution And Buybacks Will Support Future Multiple Expansion

Analysts have reduced their price target on nCino to $16 from $30. This reflects sector-wide pressure on vertical software valuations as rapid AI adoption raises new questions about competitive moats and long-term defensibility.

AI Banking Adoption And International Expansion Will Support A Stronger Long Term Outlook

Catalysts About nCino nCino provides a unified, cloud based operating platform that helps financial institutions run lending, onboarding, account opening and portfolio management. What are the underlying business or industry changes driving this perspective?

Some Confidence Is Lacking In nCino, Inc. (NASDAQ:NCNO) As Shares Slide 33%

Feb 16
Some Confidence Is Lacking In nCino, Inc. (NASDAQ:NCNO) As Shares Slide 33%

NCNO: Q3 Beat And Raise Setup May Drive Future Multiple Expansion

Narrative Update The analyst price target for nCino has been trimmed by about US$0.64 to reflect slightly lower fair value. Analysts still highlight what they see as an achievable near term setup, a potential Q3 beat and raise, and progress toward FY25 ACV and Rule of 40 goals that could support the current P/E multiple.

NCNO: Potential Q3 Beat And Raise Could Drive Multiple Expansion

Analysts recently trimmed their nCino fair value estimate by about $0.75 to roughly $34.79, tying the adjustment to updated views on achievable near term performance targets, potential Q3 "beat and raise" outcomes, and expectations that progress toward FY25 ACV and Rule of 40 goals could still support P/E multiple expansion over time. Analyst Commentary Bullish Takeaways Bullish analysts see the current setup as achievable in the near term, which they argue reduces execution risk around upcoming quarters.

Is nCino, Inc. (NASDAQ:NCNO) Trading At A 25% Discount?

Dec 01
Is nCino, Inc. (NASDAQ:NCNO) Trading At A 25% Discount?

AI-Driven Banking And Cloud Platforms Will Expand Global Reach

nCino’s price target has been raised to $35.18 as stronger-than-expected Q2 results, accelerating subscription growth, strategic expansion initiatives, and increasing confidence in margin improvement outweigh valuation concerns and near-term reacceleration risks. Analyst Commentary Positive Q2 results with subscription revenue and profit exceeding expectations, notably driven by better-than-expected mortgage volumes and strong execution, supporting upward estimate revisions.

nCino (NASDAQ:NCNO) Is Making Moderate Use Of Debt

Jul 29
nCino (NASDAQ:NCNO) Is Making Moderate Use Of Debt
User avatar

AI Banking And nSight Launch Will Broaden Digital Banking Services

Strategic pivot to AI banking and product enhancements are expected to drive revenue growth and improve customer retention and efficiency.

Estimating The Fair Value Of nCino, Inc. (NASDAQ:NCNO)

May 06
Estimating The Fair Value Of nCino, Inc. (NASDAQ:NCNO)

Risks Still Elevated At These Prices As nCino, Inc. (NASDAQ:NCNO) Shares Dive 28%

Apr 04
Risks Still Elevated At These Prices As nCino, Inc. (NASDAQ:NCNO) Shares Dive 28%

Is nCino (NASDAQ:NCNO) A Risky Investment?

Mar 26
Is nCino (NASDAQ:NCNO) A Risky Investment?

nCino, Inc.: Rising Rates Heavily Impact Growth Outlook (Rating Downgrade)

Jan 15

Is nCino, Inc. (NASDAQ:NCNO) Trading At A 23% Discount?

Jan 12
Is nCino, Inc. (NASDAQ:NCNO) Trading At A 23% Discount?

Does nCino (NASDAQ:NCNO) Have A Healthy Balance Sheet?

Dec 03
Does nCino (NASDAQ:NCNO) Have A Healthy Balance Sheet?

nCino: Well-Led, But Moderate Return Prospects At This Valuation

Nov 21

CEO Compensation Analysis

How has Sean Desmond's remuneration changed compared to nCino's earnings?
DateTotal CompensationSalaryCompany Earnings
Jan 31 2026n/an/a

US$5m

Oct 31 2025n/an/a

-US$22m

Jul 31 2025n/an/a

-US$34m

Apr 30 2025n/an/a

-US$29m

Jan 31 2025US$3mUS$361k

-US$38m

Oct 31 2024n/an/a

-US$18m

Jul 31 2024n/an/a

-US$29m

Apr 30 2024n/an/a

-US$34m

Jan 31 2024US$3mUS$328k

-US$42m

Oct 31 2023n/an/a

-US$65m

Jul 31 2023n/an/a

-US$72m

Apr 30 2023n/an/a

-US$83m

Jan 31 2023n/an/a

-US$103m

Oct 31 2022n/an/a

-US$89m

Jul 31 2022n/an/a

-US$79m

Apr 30 2022n/an/a

-US$65m

Jan 31 2022US$2mUS$290k

-US$49m

Compensation vs Market: Sean's total compensation ($USD3.09M) is below average for companies of similar size in the US market ($USD5.48M).

Compensation vs Earnings: Sean's compensation has been consistent with company performance over the past year.

CEO

Sean Desmond (52 yo)

1.3yrs
Tenure
US$3,094,629
Compensation

Mr. Sean Desmond is CEO, President & Director of nCino, Inc. from February 3, 2025 and served as Chief Product Officer since 2024 until February 3, 2025 and served its as Chief Customer Success Officer sin...

Leadership Team

NamePositionTenureCompensationOwnership
Pierre Naude
Co-Founder & Chairman of the Board14.4yrsUS$8.50m1.0%
$ 20.0m
Sean Desmond
CEO, President & Director1.3yrsUS$3.09m0.51%
$ 10.3m
Gregory Orenstein
CFO & Treasurer3.3yrsUS$3.46m0.39%
$ 7.7m
April Rieger
Chief Legal & Administrative Officer and Corporate Secretary4.7yrsUS$2.42m0.038%
$ 766.8k
Katie Smith
Director of Operationsno datano datano data
Jeanette Sellers
Vice President of Accountingno datano data0.035%
$ 709.9k
Izak Cronier
Head of Information Technologyno datano datano data
Davis Brannan
Executive Vice President of Strategic Operationsno datano datano data
Anthony Morris
Senior VP of Global Banking Strategy & Customer Advisory4.7yrsno datano data
Mark Bernhardi
Managing Director of Australia & New Zealandno datano datano data
Paul Clarkson
Executive Vice President of Global Revenueno datano datano data
Thomas Hill
Chief Information Security Officer2.3yrsno datano data
3.3yrs
Average Tenure
53yo
Average Age

Experienced Management: NCNO's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Pierre Naude
Co-Founder & Chairman of the Board14.4yrsUS$8.50m1.0%
$ 20.0m
Sean Desmond
CEO, President & Director1.3yrsUS$3.09m0.51%
$ 10.3m
William Ruh
Independent Director13yrsUS$263.42k0.20%
$ 4.0m
Jonathan Doyle
Independent Director6.4yrsUS$223.11k0.061%
$ 1.2m
Justin Nyweide
Lead Independent Director1.3yrsno data0.0019%
$ 38.4k
Diego Dugatkin
Directorless than a yearno datano data
Pamela Kilday
Independent Director6.4yrsUS$287.83k0.016%
$ 311.1k
William Spruill
Independent Director3.5yrsUS$247.48k0.019%
$ 384.4k
Andy Yasutake
Directorless than a yearno datano data
3.5yrs
Average Tenure
62yo
Average Age

Experienced Board: NCNO's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 06:02
End of Day Share Price 2026/05/01 00:00
Earnings2026/01/31
Annual Earnings2026/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

nCino, Inc. is covered by 22 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph VruwinkBaird
Saket KaliaBarclays
Koji IkedaBofA Global Research