nCino (NCNO) Rallies 10.6% on Upbeat Growth Outlook

nCino Inc. (NASDAQ:NCNO) is one of the 10 Stocks Outperforming Wall Street with Outsized Gains.

nCino extended its winning streak to a third straight day on Wednesday, jumping 10.61 percent to finish at $16.57 apiece, as investors took heart from its growth outlook for fiscal year 2027.

In an updated report, nCino Inc. (NASDAQ:NCNO) said that it is targeting total revenues of $639 million to $643 million, or an implied growth of 22 percent to 22.9 percent from $523 million in fiscal year 2026.

Of the total, subscription revenues are expected to be at $569 million to $573 million, or growth of 8.8 percent to 9.5 percent versus $523.1 million year-on-year.

Meanwhile, non-GAAP operating income is targeted at $165 million to $170 million, while annual contract value is pegged at $662.5 million to $667.5 million.

In fiscal year 2026 ending January, nCino Inc. (NASDAQ:NCNO) swung to an attributable net income of $5.18 million from a $37.88 million net loss a year earlier. Total revenues increased by 10 percent year-on-year from $540 million.

“Fiscal 2026 was a landmark year for nCino, with both the fourth quarter and full fiscal year marking company records for gross ACV bookings, and we again exceeded financial guidance across all revenue and profitability metrics,” said CEO Sean Desmond.

“Our success this year reflects strong global sales execution, accelerating demand for our industry-focused AI capabilities, and the confidence our customers place in nCino as their long-term technology partner,” he added.

In other news, nCino Inc. (NASDAQ:NCNO) announced plans to buy back $100 million worth of its shares to boost shareholder value.

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