WallStSmart
NCNO

nCino Inc

NASDAQ: NCNO · TECHNOLOGY · SOFTWARE - APPLICATION

$17.46
+0.34% today

Updated 2026-04-29

Market cap
$2.00B
P/E ratio
349.20
P/S ratio
3.37x
EPS (TTM)
$0.05
Dividend yield
52W range
$14 – $34
Volume
3.0M

nCino Inc (NCNO) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for NCNO.

WallStSmart Verdict
Overvalued

Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.

Smart Value Score: 40 / 100
P/E (TTM)
349.2x
PEG
Margin of Safety
+71.95%
Fair value $62.70 vs $17.46
EV / EBITDA
0.0x

NCNO historical valuation range

Where current P/E sits in NCNO's own 5Y range.

Insufficient historical data for 5Y percentile analysis

NCNO intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$17.46
Market value
Intrinsic value
$62.70
DCF estimate
Margin of safety
+71.95%
+259.1% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

NCNO valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

Strong margin of safety
Current price 72.0% below DCF intrinsic value estimate. Meaningful downside cushion.
Weak financial quality
Piotroski F-Score of 0/9 suggests deteriorating fundamentals. Valuation requires closer scrutiny.

P/E Ratio — History

Current: 349.20x

No historical P/E data available

P/S Ratio — History

Current: 3.37x

Is NCNO overvalued in 2026?

nCino Inc (NCNO) currently trades at $17.46 per share with a market capitalization of $2,002,399,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 40/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 349.2x.

Our discounted cash flow model estimates NCNO's intrinsic value at $62.70 per share, against the current market price of $17.46. This implies a margin of safety of +71.95%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.

Financial quality is a concern. The Piotroski F-Score of 0/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.

Bottom line: NCNO appears richly valued on our framework, with a Smart Value Score of 40/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.

Frequently asked questions

Is NCNO overvalued in 2026?

Based on a Smart Value Score of 40/100, NCNO appears overvalued. Current price exceeds what fundamentals currently justify.

What is NCNO's fair value?

Our DCF model estimates NCNO's intrinsic value at $62.70 per share, versus the current price of $17.46. This produces a margin of safety of +71.95%.

What P/E ratio does NCNO trade at?

NCNO trades at a P/E of 349.2x on trailing twelve-month earnings.

Is NCNO a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 40/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.

How does NCNO's valuation compare to its history?

Insufficient historical valuation data exists yet for a confident percentile read on NCNO.

What is NCNO's Smart Value Score?

NCNO's Smart Value Score is 40/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.