Morgan Stanley analyst Michael Infante has reiterated their bullish stance on NCNO stock, giving a Buy rating on November 28.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Michael Infante has given his Buy rating due to a combination of factors that highlight nCino’s potential for growth and market positioning. The company is expected to exceed expectations in its F3Q26 earnings, driven by factors such as accelerating loan growth, increased bank mergers and acquisitions, and stronger-than-anticipated mortgage volumes. These elements suggest that nCino’s fundamentals are robust, despite recent share price declines and broader market concerns.
Furthermore, Infante anticipates a significant acceleration in subscription revenue growth for FY27, supported by a favorable pricing transition and platform fee enhancements. The ongoing adoption of products like Banking Advisor and the monetization of consumption are expected to contribute positively. Additionally, nCino’s current trading at a discount compared to its peers presents an attractive opportunity for investors to capitalize on its growth trajectory.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NCNO in relation to earlier this year.