Value Fund Reduces nCino Investment Following $152 Million Quarter: Insights for Long-Term Investors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 07 2025
0mins
Should l Buy NCNO?
Source: NASDAQ.COM
Tensile Capital Management's Stake Reduction: Tensile Capital Management sold 449,165 shares of nCino in Q3, reducing its position value by $13.3 million, leaving it with 901,539 shares valued at $24.4 million, which now represents 3.1% of the fund's assets under management (AUM).
nCino's Financial Performance: Despite a strong operational quarter with 10% revenue growth and a swing to GAAP operating income, nCino's stock has declined 37% over the past year, underperforming the S&P 500, which is up 13%.
Market Context for Fintech Investments: The reduction in nCino's stake by Tensile reflects a broader reassessment of high-growth fintech companies amid weakening share performance, even as nCino shows improving fundamentals and profitability.
Future Outlook for nCino: The key question remains whether nCino's accelerating profitability and advancements in AI can counteract the current market pressures and multiple compression affecting its stock price.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NCNO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NCNO
Wall Street analysts forecast NCNO stock price to rise
13 Analyst Rating
8 Buy
5 Hold
0 Sell
Moderate Buy
Current: 14.420
Low
27.00
Averages
34.20
High
38.00
Current: 14.420
Low
27.00
Averages
34.20
High
38.00
About NCNO
nCino, Inc. is a global provider of cloud banking solutions for the global financial services industry. The Company is a software-as-a-service (SaaS) company that provides software solutions to financial institutions (FIs) to streamline employee and client interactions. It delivers solutions such as cloud computing application and platform services with a multi-tenant technology and shared service-oriented architecture. The nCino Platform is embedded with data and artificial intelligence (AI) that helps FIs digitize and reengineer business processes across multiple lines of business, from commercial, consumer and small business banking to mortgage lending, by offering solutions such as onboarding, account opening, lending, and portfolio management solutions. It offers solutions to community banks, credit unions, independent mortgage banks, and financial entities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
nCino Expected to Exceed Q4 Earnings Estimates
- Earnings Announcement Date: nCino is set to release its Q4 earnings on March 31 after market close, with a consensus EPS estimate of $0.21, reflecting a significant year-over-year increase of 75%, which could positively impact the stock price.
- Revenue Expectations: Analysts forecast Q4 revenue to reach $147.41 million, representing a 4.3% year-over-year growth, indicating the company's ongoing expansion in the fintech sector and stable market demand, potentially boosting investor confidence.
- Historical Performance: Over the past two years, nCino has exceeded EPS and revenue estimates 88% of the time, a strong track record that may further enhance market optimism regarding its future financial performance and attract more investor interest.
- Market Reaction: As the earnings report approaches, investor attention on nCino is increasing, and if actual results surpass expectations, it could trigger a stock price surge, further solidifying its leadership position in the fintech industry.
See More
Market Volatility Driven by Iran Conflict and Jobs Data Ahead
- Jobs Data Focus: Investors are poised to scrutinize the upcoming nonfarm payroll report, with expectations of 60,000 jobs added in March; failure to meet this target could heighten concerns over stagflation, complicating the Fed's monetary policy decisions.
- Consumer Confidence Survey: The consumer confidence index set to be released on Tuesday, along with Wednesday's retail sales report expected to show a 0.5% month-over-month increase, may reflect consumer spending resilience amid economic uncertainty, potentially boosting market sentiment.
- Nike Earnings Expectations: Nike's earnings report on Tuesday night is anticipated with caution, as the market reacts to a disappointing 17% revenue decline in China, despite a 9% sales increase in North America, leaving investors wary about the company's profitability recovery.
- Overall Market Risks: Beyond the Middle East conflict, the rapid adoption of artificial intelligence is also pressuring the market, with investor jitters over AI's potential negative impacts likely leading to further volatility in tech stocks, affecting overall market performance.
See More
nCino Partners with Luana Savings Bank to Enhance Lending Efficiency
- Strategic Partnership: Luana Savings Bank has chosen nCino as its technology partner to modernize its lending processes, aiming to eliminate the cumbersome requirement of re-entering loan data up to four times per loan, thereby enhancing customer service efficiency and laying a foundation for future growth.
- Process Optimization: nCino's intelligent automation capabilities will integrate origination, underwriting, and monitoring into a single platform, not only increasing transparency but also reducing errors and significantly accelerating decision-making, allowing staff to focus on building customer relationships.
- Transformational Strategy: CEO Shane Greenleaf of Luana Bank emphasized that the choice of nCino is aimed at achieving comprehensive transformation rather than merely digitizing existing workflows, which will enhance the bank's competitive edge and improve client engagement.
- Market Trust Foundation: Established in 1908 with over $2.2 billion in assets and six branches, Luana Savings Bank's collaboration with nCino will further solidify its market position in Iowa, supporting its mission to serve the community for the next century.
See More
NCINO, INC.: BARCLAYS LOWERS TARGET PRICE FROM $34 TO $21
- Company Overview: NCI, Inc. is a company that has recently been analyzed by Barclays.
- Target Price Adjustment: Barclays has reduced its target price for NCI, Inc. from $34 to $21.
See More
Long Path Partners Increases Stake in Alkami Technology
- Share Increase: Long Path Partners LP disclosed a purchase of 572,292 shares of Alkami Technology in Q4 2025, bringing its total stake to $72.5 million, an increase of $8.6 million from the previous quarter, indicating strong confidence in the company's long-term value.
- Portfolio Concentration: Following this purchase, Alkami accounted for approximately 25% of Long Path's assets under management, highlighting the fund's focus on Alkami, which is one of only seven U.S.-listed stocks in its concentrated portfolio.
- Market Performance Analysis: As of February 13, 2026, Alkami's stock traded at $16.27, down 50.4% over the past year and underperforming the S&P 500 by 62.2 percentage points, reflecting market concerns over its short-term volatility.
- Long-Term Growth Potential: Despite short-term challenges, Alkami's revenue grew by 33% in 2025, and the company is gaining traction in sales of its AI-powered solutions, indicating significant long-term growth potential in the digital banking transformation.
See More
Ophir Asset Management Acquires Stake in nCino
- New Investment Disclosure: On February 17, 2026, Ophir Asset Management disclosed a new position by acquiring 1,325,484 shares of nCino, valued at approximately $33.99 million, indicating confidence in the company's future prospects.
- Ownership Proportion Analysis: This acquisition represents 3.81% of Ophir's reportable U.S. equity assets, reflecting a strategic positioning in the fintech sector amidst market volatility.
- Market Performance Comparison: As of February 17, 2026, nCino's stock price was $16.18, down 50% over the past year, significantly underperforming the S&P 500's roughly 16% gain, highlighting cautious market sentiment towards the company.
- Financial Health Status: Despite the stock decline, nCino reported quarterly revenue of approximately $152 million, a 10% year-over-year increase, with subscription revenue rising 11%, indicating robust fundamentals that attracted Ophir's investment.
See More
nCino Expected to Exceed Q4 Earnings Estimates
- Earnings Announcement Date: nCino is set to release its Q4 earnings on March 31 after market close, with a consensus EPS estimate of $0.21, reflecting a significant year-over-year increase of 75%, which could positively impact the stock price.
- Revenue Expectations: Analysts forecast Q4 revenue to reach $147.41 million, representing a 4.3% year-over-year growth, indicating the company's ongoing expansion in the fintech sector and stable market demand, potentially boosting investor confidence.
- Historical Performance: Over the past two years, nCino has exceeded EPS and revenue estimates 88% of the time, a strong track record that may further enhance market optimism regarding its future financial performance and attract more investor interest.
- Market Reaction: As the earnings report approaches, investor attention on nCino is increasing, and if actual results surpass expectations, it could trigger a stock price surge, further solidifying its leadership position in the fintech industry.
See More
Market Volatility Driven by Iran Conflict and Jobs Data Ahead
- Jobs Data Focus: Investors are poised to scrutinize the upcoming nonfarm payroll report, with expectations of 60,000 jobs added in March; failure to meet this target could heighten concerns over stagflation, complicating the Fed's monetary policy decisions.
- Consumer Confidence Survey: The consumer confidence index set to be released on Tuesday, along with Wednesday's retail sales report expected to show a 0.5% month-over-month increase, may reflect consumer spending resilience amid economic uncertainty, potentially boosting market sentiment.
- Nike Earnings Expectations: Nike's earnings report on Tuesday night is anticipated with caution, as the market reacts to a disappointing 17% revenue decline in China, despite a 9% sales increase in North America, leaving investors wary about the company's profitability recovery.
- Overall Market Risks: Beyond the Middle East conflict, the rapid adoption of artificial intelligence is also pressuring the market, with investor jitters over AI's potential negative impacts likely leading to further volatility in tech stocks, affecting overall market performance.
See More
nCino Partners with Luana Savings Bank to Enhance Lending Efficiency
- Strategic Partnership: Luana Savings Bank has chosen nCino as its technology partner to modernize its lending processes, aiming to eliminate the cumbersome requirement of re-entering loan data up to four times per loan, thereby enhancing customer service efficiency and laying a foundation for future growth.
- Process Optimization: nCino's intelligent automation capabilities will integrate origination, underwriting, and monitoring into a single platform, not only increasing transparency but also reducing errors and significantly accelerating decision-making, allowing staff to focus on building customer relationships.
- Transformational Strategy: CEO Shane Greenleaf of Luana Bank emphasized that the choice of nCino is aimed at achieving comprehensive transformation rather than merely digitizing existing workflows, which will enhance the bank's competitive edge and improve client engagement.
- Market Trust Foundation: Established in 1908 with over $2.2 billion in assets and six branches, Luana Savings Bank's collaboration with nCino will further solidify its market position in Iowa, supporting its mission to serve the community for the next century.
See More
NCINO, INC.: BARCLAYS LOWERS TARGET PRICE FROM $34 TO $21
- Company Overview: NCI, Inc. is a company that has recently been analyzed by Barclays.
- Target Price Adjustment: Barclays has reduced its target price for NCI, Inc. from $34 to $21.
See More
Long Path Partners Increases Stake in Alkami Technology
- Share Increase: Long Path Partners LP disclosed a purchase of 572,292 shares of Alkami Technology in Q4 2025, bringing its total stake to $72.5 million, an increase of $8.6 million from the previous quarter, indicating strong confidence in the company's long-term value.
- Portfolio Concentration: Following this purchase, Alkami accounted for approximately 25% of Long Path's assets under management, highlighting the fund's focus on Alkami, which is one of only seven U.S.-listed stocks in its concentrated portfolio.
- Market Performance Analysis: As of February 13, 2026, Alkami's stock traded at $16.27, down 50.4% over the past year and underperforming the S&P 500 by 62.2 percentage points, reflecting market concerns over its short-term volatility.
- Long-Term Growth Potential: Despite short-term challenges, Alkami's revenue grew by 33% in 2025, and the company is gaining traction in sales of its AI-powered solutions, indicating significant long-term growth potential in the digital banking transformation.
See More
Ophir Asset Management Acquires Stake in nCino
- New Investment Disclosure: On February 17, 2026, Ophir Asset Management disclosed a new position by acquiring 1,325,484 shares of nCino, valued at approximately $33.99 million, indicating confidence in the company's future prospects.
- Ownership Proportion Analysis: This acquisition represents 3.81% of Ophir's reportable U.S. equity assets, reflecting a strategic positioning in the fintech sector amidst market volatility.
- Market Performance Comparison: As of February 17, 2026, nCino's stock price was $16.18, down 50% over the past year, significantly underperforming the S&P 500's roughly 16% gain, highlighting cautious market sentiment towards the company.
- Financial Health Status: Despite the stock decline, nCino reported quarterly revenue of approximately $152 million, a 10% year-over-year increase, with subscription revenue rising 11%, indicating robust fundamentals that attracted Ophir's investment.
See More
