Is nCino (NCNO) One Of The Stocks Under $20 That Will Explode?
With an upside potential of 54.78%, nCino, Inc. (NASDAQ:NCNO) ranks among the stocks under $20 that will explode, supported by strong fiscal Q1 2027 results for the period ended April 30, 2026.
Total revenue came in at $159.4 million, up 11% from $144.1 million a year earlier. Subscription revenue rose 12% to $140.9 million from $125.6 million.
GAAP income from operations reached $21.1 million, a sharp turnaround from a $1.5 million loss in the same quarter last year. Non-GAAP operating income jumped 79% to $44.5 million from $24.8 million.
Free cash flow climbed to $80.8 million, up 54% from $52.6 million. nCino, Inc. (NASDAQ:NCNO) held $103.1 million in cash, cash equivalents, and restricted cash as of April 30, 2026, with $262.8 million outstanding under its credit facility.
nCino, Inc. (NASDAQ:NCNO) also repurchased about 6.1 million shares during the quarter at an average price of $15.20, totaling roughly $93.1 million, under its December 2025 buyback program and a $100 million accelerated share repurchase program launched in March 2026.
On the business side, nCino, Inc. (NASDAQ:NCNO) renewed a five-year deal with a top-5 Canadian bank, more than doubled committed loan volume with a top-25 independent mortgage bank, and signed its largest new logo win yet through its Credit Union team. nCino also hosted its nSight 2026 user conference, drawing over 1,600 attendees.
Looking ahead, nCino, Inc. (NASDAQ:NCNO) guided for second-quarter revenue between $157.75 million and $159.75 million, with non-GAAP operating income of $35.5 million to $37.5 million. For fiscal 2027, the company expects total revenue between $642.0 million and $646.0 million. The company announced Q1 results on May 27, 2026.
nCino, Inc. (NASDAQ:NCNO) provides cloud-based software applications for financial institutions in the United States and internationally.
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