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The filed complaint alleges that nCino, Inc. made materially false and/or misleading statements and/or failed to disclose that: On April 1, 2025, nCino reported positive 4Q 2025 financial results but announced fiscal 2026 guidance that was below analysts’ expectations. Management attributed the lowered guidance to declining subscription revenue growth and “softer-than-expected sales execution” in Europe. Following this news, NCNO’s stock price fell by $5.53 per share, or approximately 20%, to close at $22.59 per share.
In order to be eligible to join the NCNO class action lawsuit, you must have incurred a loss on shares of nCino, Inc. purchased during the class period listed above.
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