NCNO's Q2 earnings beat estimates by 8 cents per share. Revenue increased to $148.4 million, surpassing expectations. Subscription revenue rose 15% year-over-year to $130.8 million. NCNO raised EPS guidance to 77-80 cents for fiscal 2026. Stock price increased 6.66% post-announcement, now at $30.70.
nCino will announce Q2 earnings on Aug. 26, expected to match prior year. Projected revenue for Q2 is $143.17 million, up from $132.4 million last year. Morgan Stanley and Baird raised price targets to $33 and $38, respectively. nCino shares fell 2.4% to close at $28.37 prior to earnings release. Analysts' ratings generally remain positive, indicating bullish sentiment.
nCino shares fell 31.5% in pre-market trading after earnings disappointment. Q4 earnings were weaker than expected, causing concerns among investors. Company forecasts Q1 revenues between $138.75 million and $140.75 million. Adjusted earnings guidance is 15-16 cents per share, below market expectations. Overall U.S. stock futures declined, indicating broad market volatility.