Stock Track | nCino Soars 9.23% on Strong Q3 Earnings and Raised Fiscal 2026 Guidance

Stock Track12-04

nCino's stock surged 9.23% intraday following the release of its third-quarter fiscal 2026 financial results, which exceeded analyst expectations. The company also raised its full-year revenue and earnings guidance, signaling strong confidence in its future performance.

nCino reported Q3 revenue of $152.2 million, up 10% year-over-year and beating the consensus estimate of $146.6 million. Adjusted EPS came in at $0.31, significantly higher than the $0.20 estimate. Subscription revenue grew 11% to $133.4 million, while the non-GAAP operating margin expanded to 26%, up 6 percentage points year-over-year.

The company raised its fiscal 2026 revenue guidance to $591.9-$593.4 million, above the $587.8 million consensus, and adjusted EPS guidance to $0.90-$0.91, up from the previous $0.77-$0.80 range. Additionally, nCino announced the appointment of two new AI-focused board members, further strengthening its leadership in intelligent banking solutions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment