11 Oversold Growth Stocks to Buy Now

3. nCino, Inc. (NASDAQ:NCNO)

RSI: 37.83

Estimated average analysts’ upside: 11.86%

Last 5 years revenue CAGR: 32.23%

Number of Hedge Fund Holders: 33

nCino, Inc. (NASDAQ:NCNO) is a financial technology company that provides a cloud-based operating system for banks and credit unions, aimed at improving efficiency, compliance, and customer experience. NCNO’s solutions cover loan origination, account opening, deposit operations, credit analysis, and portfolio management. NCNO ranked seventh on our recent list of 15 Best Small Cap AI Stocks to Buy Right Now.

nCino, Inc. (NASDAQ:NCNO) reported total revenue growth of 14% YoY in its latest reported quarter, while subscription revenues grew 16%. The company is transitioning from being a cloud banking leader to becoming a worldwide leader in AI banking, with a focus on leveraging data, analytics, and AI capabilities throughout its platform. Despite facing challenges, including slower-than-expected “Consumer Lending” product development and paused onboarding decisions, the company has taken decisive actions to address these issues, including completing platform integration of DocFox technology and making key leadership changes in European operations.

Looking ahead, nCino, Inc. (NASDAQ:NCNO) expects improved gross bookings growth as the year progresses, with subscription revenue growth reacceleration anticipated in fiscal 2027. The company is investing approximately $10 million in sales and marketing initiatives, including expanding its quota-carrying sales force for credit unions, emerging EMEA markets, and Japan. Management has implemented a more conservative guidance framework for fiscal 2026, projecting total revenues of $574.5-578.5 million and subscription revenues of $503-507 million, representing growth rates of 7% and 8%, respectively, at the midpoint. The strong guidance for the future amid the current RSI standing low at 37.83 persuaded us to include NCNO in the third place on our list of the oversold stocks to buy.