nCino Inc (NCNO)

nCino's stock price has been influenced by several events in the past six months. The company released its second-quarter fiscal year 2026 results on August 26, 2025, reporting total revenues of $148.8 million, a 12% year-over-year increase. Following strong performance, nCino raised its full-year guidance for fiscal year 2026, expecting total revenues between $585.0 and $589.0 million. Analyst upgrades from Stephens and Raymond James highlighted growth drivers and improved retention. Insider selling activity was noted on November 7, 2025. The stock price as of November 21, 2025, was $24.39 per share.

While detailed information on demand seasonality is not extensively provided, there is a clear indication of seasonality in nCino's mortgage business. Management has planned for mortgage subscription revenues to be down both year-over-year and sequentially in the third quarter, taking seasonality into account. Despite this, nCino's mortgage business has shown strength, with growth driven by volume concentrated in large Independent Mortgage Banker (IMB) and homebuilder customers. For other banking solutions like commercial, consumer, and small business lending, the provided information does not highlight strong seasonality in demand.

nCino, Inc. is a global financial technology company providing cloud-based software solutions for the financial services industry. Its core offering is the nCino Bank Operating System, a SaaS solution built on the Salesforce platform, connecting financial institution employees, clients, and third parties. nCino operates within the Software - Application industry and the Technology sector, streamlining banking processes such as commercial, consumer, small business banking, and mortgage lending. The platform incorporates data analytics, AI, and ML capabilities through its nCino IQ application suite, and recent innovations include Banking Advisor and Digital Partners.

Headquartered in Wilmington, North Carolina, nCino has a significant global presence, supporting financial institutions worldwide. Key functions and offices are distributed across North America (USA, Canada), Europe (UK, Spain), and the Asia-Pacific region (Australia, Japan). As of 2025, nCino serves over 2,700 financial institutions globally and operates in 190 countries.

nCino has maintained a positive brand reputation, particularly within the FinTech industry. In July 2024, nCino was named a 2024 World's Top FinTech Company by CNBC and Statista. Historically, nCino faced antitrust investigations and a class-action lawsuit in 2021, but the Department of Justice closed its investigation in February 2023, taking no further action. There have been no recent events in the past year that have significantly negatively impacted nCino's brand reputation.

nCino, Inc. has significant institutional ownership, with 622 institutional owners and shareholders holding a total of 163,635,016 shares, representing approximately 92.6% of the company's shares. Major institutional owners include Vanguard Group Inc, Kayne Anderson Rudnick Investment Management Llc, HMI Capital Management, L.P., Capital International Investors and BlackRock, Inc.. Salesforce.com Inc is the largest individual nCino shareholder, owning 9.34 million shares, representing 8.07% of the company.