Needham analyst Mayank Tandon raised the firm’s price target on nCino (NCNO) to $45 from $40 and keeps a Buy rating on the shares. The company’s Q3 results came in above expectations across the board due to solid subscription revenue growth and effective cost management, and its sales execution remains impressive as its RPO – Remaining Performance Obligation – jumped 5.3%from Q2 and 19.4% y/y, driven by wins in both the U.S. and international markets, the analyst tells investors in a research note. The mortgage headwinds are temporary and the sell-off in nCino shares is overdone, Needham adds.
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Read More on NCNO:
- nCino downgraded to Neutral from Overweight at Piper Sandler
- nCino price target lowered to $42 from $43 at Baird
- nCino price target raised to $38 from $35 at Stephens
- nCino Reports Strong Q3 2025 Financial Results
- Closing Bell Movers: Five Below up 13%, PVH slips 6% on earnings
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
