NICE Ltd. (NASDAQ:NICE - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of NICE in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst T. Blakey expects that the technology company will post earnings per share of $10.73 for the year. Cantor Fitzgerald currently has a "Neutral" rating and a $161.00 target price on the stock. The consensus estimate for NICE's current full-year earnings is $9.85 per share.
NICE (NASDAQ:NICE - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The technology company reported $2.87 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.03. The business had revenue of $700.19 million for the quarter, compared to analysts' expectations of $699.46 million. NICE had a net margin of 16.18% and a return on equity of 16.17%. The company's revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company posted $2.58 EPS.
A number of other research firms have also weighed in on NICE. JMP Securities reaffirmed a "market outperform" rating and issued a $300.00 price objective on shares of NICE in a research note on Friday, May 16th. Barclays cut their price target on shares of NICE from $286.00 to $226.00 and set an "overweight" rating on the stock in a report on Friday, February 21st. Wedbush reissued an "outperform" rating and issued a $200.00 price target on shares of NICE in a report on Friday, May 16th. Morgan Stanley dropped their target price on NICE from $235.00 to $202.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Finally, Citigroup lowered their price target on NICE from $214.00 to $211.00 and set a "buy" rating for the company in a research report on Monday, May 19th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat, NICE has a consensus rating of "Moderate Buy" and a consensus price target of $211.50.
View Our Latest Analysis on NICE
NICE Trading Up 1.3%
Shares of NICE stock traded up $2.34 during trading hours on Tuesday, reaching $179.52. 218,927 shares of the stock were exchanged, compared to its average volume of 545,063. The company's 50-day moving average price is $159.15 and its 200-day moving average price is $163.88. NICE has a 12-month low of $137.19 and a 12-month high of $200.65. The firm has a market capitalization of $11.35 billion, a price-to-earnings ratio of 26.56, a price-to-earnings-growth ratio of 1.07 and a beta of 1.01.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Avion Wealth acquired a new position in shares of NICE in the fourth quarter valued at approximately $25,000. Tradewinds Capital Management LLC bought a new stake in shares of NICE during the 4th quarter worth approximately $25,000. Anchor Investment Management LLC lifted its stake in NICE by 200.0% in the 4th quarter. Anchor Investment Management LLC now owns 150 shares of the technology company's stock valued at $25,000 after purchasing an additional 100 shares during the last quarter. Park Square Financial Group LLC bought a new position in NICE in the 4th quarter valued at approximately $25,000. Finally, McIlrath & Eck LLC lifted its stake in shares of NICE by 56.9% in the fourth quarter. McIlrath & Eck LLC now owns 160 shares of the technology company's stock worth $27,000 after acquiring an additional 58 shares during the period. 63.34% of the stock is currently owned by institutional investors.
About NICE
(
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NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.
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