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Broader Headwinds in Software Group Drive Analyst Skepticism Toward nCino (NCNO)

nCino, Inc. (NASDAQ:NCNO) is one of the 12 Best Beaten Down Technology Stocks to Buy According to Wall Street Analysts.

The overall sentiment surrounding nCino, Inc. (NASDAQ:NCNO) remains soft, as analysts update their models following a sluggish share price performance in the past year amid broader headwinds in the software group.

JPMorgan sees the accelerated expansion of AI as a concern. The growing adoption of AI is expected to erode the competitive edge and long-term viability of software companies. The firm attributes this trend to the overall sector underperformance. Amid these sector challenges, the firm reduced the price target on nCino, Inc. (NASDAQ:NCNO) from $30 to $16. It maintained its ‘Neutral’ rating on the stock on February 18, 2026.

On a similar note, Barclays revisited nCino, Inc. (NASDAQ:NCNO) in early January. The firm cited mixed Wall Street sentiment amid heightened AI competition, which is seen as a possible driver of the current weakness in the software sector. While making adjustments to the sector model, the firm cut its price target on the stock from $37 to $34. Still, the firm reiterated its Overweight rating.

In the middle of these two updates, nCino, Inc. (NASDAQ:NCNO)’s shares fell to their 52-week low of $17.60 on February 11, 2026. The slide follows a 46.90% share price decline over the previous year, representing the tough times the software group is facing.

nCino, Inc. (NASDAQ:NCNO)’s business model leverages the company’s Bank Operating System and IQ. With this, the company offers cloud-based banking software to allow financial institutions to service lending, onboarding, compliance, and risk management through AI-driven analytics.

While we acknowledge the potential of NCNO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NCNO and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 14 Oversold Value Stocks to Invest in Right Now and Cathie Wood’s 10 Stock Picks with Huge Upside Potential.

Disclosure: None.  Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

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