Analyst Expectations for Ncino's Future
Portfolio Pulse from Benzinga Insights
Ncino (NASDAQ:NCNO) has received mixed analyst ratings in the last quarter, with 3 bullish, 1 somewhat bullish, 4 indifferent, 1 somewhat bearish, and 0 bearish. The average 12-month price target among 9 analysts is $34.44, with a high of $40.00 and a low of $24.00, marking an 8.75% increase from the previous target of $31.67. Analysts base their ratings on financial predictions and company performance.
November 30, 2023 | 12:00 pm
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POSITIVE IMPACT
Ncino has a mixed outlook from analysts, with an updated average price target of $34.44, reflecting a positive sentiment shift with an 8.75% increase from the previous target.
The increase in the average price target suggests a positive sentiment among analysts, which could lead to short-term bullish behavior in Ncino's stock price. However, the presence of indifferent and somewhat bearish ratings indicates that there is still some caution, tempering the potential impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100