nCino price target raised to $31 from $24 at Barclays

Barclays raised the firm’s price target on nCino (NCNO) to $31 from $24 and keeps an Overweight rating on the shares. The company reported better Q1 revenue and is flowing through the upside to the fiscal 2026 guide while annual contract value expectations are unchanged, which continues to support re-acceleration next year, the analyst tells investors in a research note.