NCNO vs Q2 Stock Comparison: AI Score, Valuation, Performance and Upside
nCino and Q2 Holdings both provide cloud software to banks and credit unions, but nCino focuses specifically on loan origination and operational workflows built on the Salesforce platform, while Q2 Holdings focuses on digital banking and lending experiences for retail and commercial banking customers.
NCNO offers focused exposure to bank loan origination and operational workflow software, while Q2 offers exposure to digital banking platform adoption among community and regional financial institutions. The decision depends on whether you prefer loan origination workflow specialization or digital banking experience software.
NCNO and Q2 are closely matched — they split the tracked metrics evenly.
Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.
- Want focused exposure to bank and credit union loan origination software
- Value a platform built on established Salesforce cloud infrastructure
- Believe cross-sell of additional operational modules will continue driving growth
- Prefer a vertical-specific banking software company over a broader digital banking platform
- Want exposure to digital banking and lending technology for community and regional institutions
- Value a comprehensive platform addressing both retail and commercial banking needs
- Believe continued investment in digital lending capabilities will expand addressable use cases
- Are comfortable with a company still working toward sustained GAAP profitability
| Metric | NCNO | Q2 |
|---|---|---|
| AI scorei | 23.8 | N/A |
| AI ranki | #3426 | N/A |
| Latest closei | $21.12 | N/A |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | NCNO | Q2 |
|---|---|---|
| 1Y ago | $8.78K (-12.2%) started 2025-10-16 | N/A |
| 5Y ago | $2.92K (-70.8%) started 2021-10-18 | N/A |
| 10Y ago | $2.31K (-76.9%) started 2020-07-14 | N/A |
Hypothetical — past performance does not guarantee future results.
| Metric | NCNO | Q2 |
|---|---|---|
| Market capi | $2.43B | N/A |
| Trailing P/Ei | 74.06 | N/A |
| Forward P/Ei | 14.51 | N/A |
| Price/Salesi | N/A | N/A |
| EV/Revenuei | 4.22 | N/A |
| Analyst targeti | $24.27 | N/A |
| Target upsidei | +5.72% | N/A |
| Metric | NCNO | Q2 |
|---|---|---|
| Revenue growthi | 8.20% | N/A |
| Earnings growthi | N/A | N/A |
| EPS growthi | N/A | N/A |
| FCF margini | +24.35% | N/A |
| Operating margini | 8.46% | N/A |
| Profit margini | 5.40% | N/A |
| ROIC proxyi | 3.85% | N/A |
| Return on equityi | 3.85% | N/A |
| Dividend yieldi | N/A | N/A |
| Payout ratioi | 0.00% | N/A |
| Dividend growth streaki | N/A | N/A |
| Betai | 0.66 | N/A |
| Debt/equityi | 35.83 | N/A |
| Current ratioi | 0.85 | N/A |
| Quick ratioi | 0.72 | N/A |
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | NCNO | Q2 |
|---|---|---|---|
| 1Y | Growthi | -12.18% | N/A |
| CAGRi | -12.20% | N/A | |
| Volatilityi | 49.83% | N/A | |
| Sharpe ratioi | -0.10 | N/A | |
| Sortino ratioi | -0.15 | N/A | |
| Max drawdowni | 48.30% | N/A | |
| Current drawdowni | 22.07% | N/A | |
| Avg drawdowni | 26.58% | N/A | |
| Ulcer Indexi | 30.29% | N/A | |
| Max daily dropi | 10.56% | N/A | |
| Max wkly dropi | 21.15% | N/A | |
| 5Y | Growthi | -70.80% | N/A |
| CAGRi | -21.85% | N/A | |
| Volatilityi | 53.99% | N/A | |
| Sharpe ratioi | -0.27 | N/A | |
| Sortino ratioi | -0.39 | N/A | |
| Max drawdowni | 81.75% | N/A | |
| Current drawdowni | 72.49% | N/A | |
| Avg drawdowni | 60.25% | N/A | |
| Ulcer Indexi | 61.67% | N/A | |
| Max daily dropi | 19.67% | N/A | |
| Max wkly dropi | 31.16% | N/A | |
| 10Y | Growthi | -76.94% | N/A |
| CAGRi | -20.90% | N/A | |
| Volatilityi | 53.97% | N/A | |
| Sharpe ratioi | -0.25 | N/A | |
| Sortino ratioi | -0.35 | N/A | |
| Max drawdowni | 85.71% | N/A | |
| Current drawdowni | 78.46% | N/A | |
| Avg drawdowni | 60.31% | N/A | |
| Ulcer Indexi | 63.46% | N/A | |
| Max daily dropi | 21.02% | N/A | |
| Max wkly dropi | 31.16% | N/A |
| Category | NCNO | Q2 |
|---|---|---|
| Company | nCino, Inc. | Q2 Holdings, Inc. |
| Sector | Technology | Banking Technology |
| Industry | Software - Application | N/A |
| Core business | A cloud-based software provider specializing in loan origination, account opening, and operational workflow solutions for banks and financial institutions, built on the Salesforce platform. | A provider of digital banking and lending technology solutions that enable banks and credit unions to offer online and mobile banking experiences to their retail and commercial customers. |
| Investor focus | Subscription revenue growth from new and existing bank and credit union customers, international expansion, and net revenue retention as customers adopt additional modules. | Subscription and transaction-based revenue growth from digital banking platform adoption, net revenue retention, and progress toward sustained profitability. |
- Deep specialization in bank and credit union loan origination workflows provides differentiated functionality relative to generic workflow software
- Built on the Salesforce platform, benefiting from established enterprise cloud infrastructure and integration capabilities
- Established relationships with a broad range of financial institutions support cross-sell of additional operational modules
- Comprehensive digital banking platform addresses both retail and commercial banking needs for community and regional financial institutions
- Long-term customer contracts and platform embeddedness within core banking operations support recurring revenue stability
- Continued investment in digital lending and account opening capabilities expands the platform's addressable use cases
- Growth is tied closely to financial institution technology budgets and loan origination volume, which can be cyclical
- Vertical-specific focus on banking means less diversification across industries than horizontal workflow platforms
- Faces competition from both banking-specific software vendors and financial institutions' internally built systems
- Growth is tied closely to financial institution technology budgets and the pace of digital banking platform replacement cycles
- Achieving sustained GAAP profitability alongside continued growth investment remains an ongoing focus
- Faces competition from both dedicated digital banking vendors and larger core banking system providers expanding into digital channels
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