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NCNO

nCinoA
Nasdaq / Software & Services
Last Price
Quote time unavailable
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Current thesis
Subscription revenue grew 10%, GAAP and non-GAAP margins expanded sharply, free cash flow improved, and early renewals with expanded AI commitments provide concrete evidence of platform consolidation. The additional repurchase authorization could amplify per-share gains if execution continues.
Posture
Constructive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +10.3.
What can break
AI-related expansions are encouraging, but the evidence does not yet establish a companywide adoption or revenue-growth inflection.
Momentum
85
Value
55
Sentiment
80
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $24.10 · Bull $27.00 · Bear $16.50Analysis 2026-09-11; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-10 • Model: HYBRID_IC_RP
AI Memo
As of 2026-09-11 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-10

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-10. Definitions

Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $24.08
Why
Momentum85 · Δ7d +3.4
Value55 · Δ7d +0.0
Sentiment80 · Δ7d +10.3
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Confirming evidence

  • • Sentiment remains the lead driver in the composite, 7D delta +10.3.

Contradictions & invalidation

  • • AI-related expansions are encouraging, but the evidence does not yet establish a companywide adoption or revenue-growth inflection.
  • • Cash was $83.6 million against $275.4 million outstanding under the credit facility at July 31, while further repurchases may use credit capacity.
  • • Total growth slowed to 8% from 11% in Q1, trusted-news headlines characterized the outlook as slowing, and shares fell after the print.

Catalyst clock

2026-08-25

Q2 FY2027 profitability and cash-flow step-up

Lead driver: Sentiment · See AI snapshot
Momentum
85
9% active weight
Current posture
7d trendImproving
Δ7d
+3.4
Δ21d
+23.8
Value
55
28% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
+1.1
Sentiment
80
62% active weight
Current posture
7d trendImproving
Δ7d
+10.3
Δ21d
+17.7
Why this grade

Composite grade A. Momentum 85.1 / Value 55.0 / Sentiment 80.2

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-09-11. Scenario method

B+
Bull case
30%
Probability
Target price
$27.00
Analysis reference price unavailable
Analysis 2026-09-11 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$24.10
Analysis reference price unavailable
Analysis 2026-09-11 · RankAlpha Sentiment Codex
B-
Bear case
20%
Probability
Target price
$16.50
Analysis reference price unavailable
Analysis 2026-09-11 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$2.22B
Beta
0.56
Shares Out
109.55M
P/E (TTM) · Derived
440.7
P/S (TTM)
4.79
P/FCF (TTM)
47.05
Rev YoY
+10.6%
EPS YoY
+161.2%
Gross Margin
+58.2%
Op Margin
+7.0%
Net Debt
$190.18M
Current Ratio
0.84
As of 2026-09-10 • Updated nightlySource: Internal modelMethods & Data