Morgan Stanley Raises its Price Target on nCino (NCNO) to $23 from $21

nCino, Inc. (NASDAQ:NCNO) is one of the 10 Best Stocks That Beat Earnings Estimates. On April 1, 2026, Morgan Stanley raised the price target on nCino, Inc. (NASDAQ:NCNO) to $23 from $21 and maintained an Overweight rating, pointing to stronger-than-expected traction in pricing and Banking Advisor attach rates, which it believes could support growth acceleration into FY27 and beyond.

Similarly, Barclays raised its price target on nCino, Inc. (NASDAQ:NCNO) to $22 from $21 and maintained an Overweight rating, citing better-than-expected Q4 revenue and margins and signs of accelerating organic subscription growth.

Meanwhile, Piper Sandler upgraded nCino, Inc. (NASDAQ:NCNO) to Overweight from Neutral with a $22 price target, down from $30, describing the Q4 report as “healthy” and the outlook as “prudent.” The firm highlighted improving execution, including strong renewal activity and international wins, and said it now has clearer visibility into a potential reacceleration in growth.

Morgan Stanley Raises its Price Target on nCino (NCNO) to $23 from $21

Photo by Ewan Buck on Unsplash

On March 31, 2026, nCino, Inc. (NASDAQ:NCNO) reported Q4 EPS of 37c, above the 21c consensus estimate, with revenue of $141.37M versus $147.41M consensus. CEO Sean Desmond said the company delivered record bookings and exceeded guidance across key metrics, supported by demand for its AI-driven solutions and continued global sales execution.

nCino, Inc. (NASDAQ:NCNO) provides cloud-based software solutions for financial institutions.

While we acknowledge the risk and potential of NCNO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NCNO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.