nCino soars on strong FY26 revenue outlook

nCino NCNO.O jumps ~10.7% to $31.75 premarket

Banking software platform reports Q2 revenue of $148.82 mln; analysts had estimated $143.15 mln

Piper Sandler maintains "neutral", cites balanced risk-reward despite growing confidence in co's growth, margins, AI-driven deal wins

Co expects FY26 total revenue of $585 mln-$589 mln; analysts estimate FY revenue at $581.5 mln, per data compiled by LSEG

J.P.Morgan says co appears to be faring better in somewhat weaker discretionary spending environment for financial institutions

At least six brokerages raise PT post results

Stock rated "hold" on avg; median PT is $34, per data compiled by LSEG

As of last close, NCNO falls ~15% this year