Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
From commerce to culture, software is digitizing every aspect of our lives. The undeniable tailwinds fueling the industry have also tempered losses for SaaS stocks over the past six months
as their 2.8% drawdown was relatively better than the S&P 500’s 5.9% decline.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at vertical software stocks, starting with Olo (NYSE:OLO).
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the vertical software industry, including nCino (NASDAQ:NCNO) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how vertical software stocks fared in Q4, starting with Toast (NYSE:TOST).
Shares of bank software company nCino (NASDAQ:NCNO)
fell 34.3% in the after-market session after the company reported weak fourth quarter 2024 (fiscal 2025) results as its revenue and EPS guidance for next year fell short of Wall Street's estimates. The quarter was underwhelming, with sales roughly in line with expectations, while earnings missed by a wide margin. The results revealed a continued struggle to turn a profit and manage cash burn, while the guidance suggested a sharp slowdown in growth. Overall, this was a softer quarter.
nCino Inc (NASDAQ: NCNO) shares fell after reporting mixed Q4 earnings. Analysts downgrade rating and lower price targets due to compounding headwinds and weaker-than-expected guidance.
