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Stock impact report

William Blair Upgrades nCino (NCNO) to Outperform [Yahoo! Finance]

nCino, Inc. (NCNO) 
Company Research Source: Yahoo! Finance
William Blair believes the recent sell-off in bank technology stocks was overdone and now offers an attractive entry point. William Blair Upgrades nCino (NCNO) to Outperform William Blair pointed out that nCino, Inc. (NASDAQ:NCNO) generated $53 million in free cash flow in fiscal 2025 and is aiming to reach the Rule of 40 by the end of fiscal 2027. The Rule of 40 means that the sum of the annual revenue growth rate and profit margin should exceed 40% for a healthy Software-as-a-Service (SaaS) company. In April, nCino, Inc. (NASDAQ:NCNO) lowered its fiscal 2026 subscription revenue growth guidance to 10%, or about 6% on an organic basis, down from 12% in 2025. William Blair expects the company to deliver high-single-digit subscription growth over the long term. This growth is expected to be supported by international expansion, stronger penetration in credit unions, and cross-selling in mortgages. The firm also believes nCino, Inc.'s (NASDAQ:NCNO) more conservative forecas Show less Read more
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