Cantor Fitzgerald Analysts Boost Earnings Estimates for NICE

NICE Ltd. (NASDAQ:NICE - Free Report) - Cantor Fitzgerald boosted their FY2025 earnings per share estimates for NICE in a research report issued on Monday, May 19th. Cantor Fitzgerald analyst T. Blakey now forecasts that the technology company will post earnings per share of $10.03 for the year, up from their prior estimate of $9.92. Cantor Fitzgerald has a "Neutral" rating and a $161.00 price objective 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 posted its quarterly earnings data on Thursday, May 15th. The technology company reported $2.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.84 by $0.03. NICE had a net margin of 16.18% and a return on equity of 16.17%. The firm had revenue of $700.19 million for the quarter, compared to the consensus estimate of $699.46 million. During the same period in the previous year, the firm earned $2.58 EPS. The business's revenue for the quarter was up 6.2% compared to the same quarter last year.

NICE has been the topic of several other research reports. Rosenblatt Securities upped their price target on shares of NICE from $180.00 to $190.00 and gave the stock a "buy" rating in a report on Friday, May 16th. JMP Securities reiterated a "market outperform" rating and set a $300.00 price target on shares of NICE in a research report on Friday, May 16th. DA Davidson boosted their price target on shares of NICE from $180.00 to $185.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Wedbush reiterated an "outperform" rating and issued a $200.00 target price on shares of NICE in a research report on Friday, May 16th. Finally, Wall Street Zen cut NICE from a "strong-buy" rating to a "buy" rating in a research note on Monday, February 17th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $211.50.

NICE Stock Down 1.0%

Shares of NASDAQ:NICE traded down $1.67 during midday trading on Wednesday, reaching $159.94. 308,063 shares of the company traded hands, compared to its average volume of 564,820. The firm has a market capitalization of $10.12 billion, a price-to-earnings ratio of 23.66, a price-to-earnings-growth ratio of 1.07 and a beta of 1.03. NICE has a 12 month low of $137.19 and a 12 month high of $200.65. The firm's fifty day moving average price is $155.76 and its two-hundred day moving average price is $164.71.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Park Square Financial Group LLC acquired a new stake in NICE in the 4th quarter valued at about $25,000. Avion Wealth purchased a new position in shares of NICE during the 4th quarter worth $25,000. Tradewinds Capital Management LLC acquired a new position in shares of NICE during the 4th quarter valued at about $25,000. Anchor Investment Management LLC grew its holdings in shares of NICE by 200.0% in the fourth 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 period. Finally, McIlrath & Eck LLC grew its holdings in shares of NICE by 56.9% in the fourth quarter. McIlrath & Eck LLC now owns 160 shares of the technology company's stock valued at $27,000 after purchasing an additional 58 shares during the period. 63.34% of the stock is owned by hedge funds and other institutional investors.

NICE Company Profile

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.