nCino (NCNO) Soars 14% on Revenue Beat, Raised Growth Outlook

We recently published 10 Stocks With Easy 7-38% Upside in Just a Day. nCino, Inc. (NASDAQ:NCNO) is one of the best performers on Wednesday.

nCino grew its share price by 13.94 percent on Wednesday to end at $32.69 apiece after beating its revenue guidance for the second quarter and raising its growth outlook for the full fiscal year of 2026.

In its updated report, banking solutions provider nCino, Inc. (NASDAQ:NCNO) said revenues in the second quarter jumped by 12 percent to $148.8 million from $132.4 million in the same period last year and exceeded its earlier guidance of $142 million to $144 million, thanks to higher subscription revenues during the period.

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Net loss, however, remained higher by 37.7 percent at $15.2 million versus $11.04 million in the same comparable period.

Following the results, nCino, Inc. (NASDAQ:NCNO) raised its growth outlook across all key metrics for the full fiscal period, with revenues now targeted to hit $585 million to $589 million, versus the $578.5 million to $582.5 million expected previously.

Subscription revenues were also increased to a range of $513.5 million to $517.5 million, from the $507 million to $511 million prior.

For the third quarter alone, revenues were pegged at $146 million to $148 million, while subscription revenues were targeted at $127.5 million to $129.5 million.