Financial software company, Ncino (NCNO, Financial), has received a notable analyst upgrade from Baird. Analyst Joe Vruwink upgraded his rating on the stock to "Outperform" from a previous "Neutral". This upgrade signifies a positive outlook for NCNO in the current market environment.
Alongside the rating upgrade, Vruwink raised his price target for Ncino (NCNO, Financial) to $38.00 USD from the prior target of $30.00 USD. This adjustment reflects a 26.67% increase, indicating increased confidence in the company’s future performance and valuation.
The upgrade and increased price target reflect optimistic projections for Ncino’s (NCNO, Financial) growth prospects. As of the latest available data, these updates highlight analyst confidence in the company's strategic direction and market potential.
The date of this analyst action is recorded as July 14, 2025, with the stocks currently being traded on NASDAQ. Investors and market watchers will be monitoring Ncino’s (NCNO, Financial) performance in response to these new developments.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Ncino Inc (NCNO, Financial) is $31.31 with a high estimate of $38.00 and a low estimate of $27.00. The average target implies an upside of 8.63% from the current price of $28.82. More detailed estimate data can be found on the Ncino Inc (NCNO) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Ncino Inc's (NCNO, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Ncino Inc (NCNO, Financial) in one year is $39.33, suggesting a upside of 36.47% from the current price of $28.82. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Ncino Inc (NCNO) Summary page.
