NiCE (NASDAQ:NICE) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Analysts hold a mixed view on NiCE: Seven rate the stock a buy, six recommend holding, and one recommends selling, resulting in a consensus “Hold” rating. The average 12-month price target is $129.50.
• NiCE shares opened at $98.04, down 0.8%, with a market capitalization of $5.73 billion and a 52-week range of $83.10 to $153.68.
• The company exceeded quarterly expectations, reporting $2.70 in adjusted EPS versus $2.63 estimated and revenue of $782.29 million versus $766.27 million expected. Revenue increased 7.7% year over year, although EPS declined from $3.01 in the prior-year quarter.

Shares of NiCE (NASDAQ:NICE - Get Free Report) have been given an average recommendation of "Hold" by the fourteen analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $129.50.

Several research analysts have issued reports on NICE shares. Citigroup reissued a "neutral" rating on shares of NiCE in a research report on Thursday, August 6th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of NiCE in a research report on Wednesday, June 24th. Rosenblatt Securities reiterated a "buy" rating and issued a $130.00 price objective on shares of NiCE in a research note on Thursday, August 6th. Royal Bank Of Canada reissued an "outperform" rating and issued a $130.00 price objective on shares of NiCE in a report on Wednesday, June 10th. Finally, Cantor Fitzgerald restated a "neutral" rating and set a $104.00 target price on shares of NiCE in a research report on Wednesday, June 10th.

NiCE Trading Down 0.8%

Shares of NICE opened at $98.04 on Friday. The firm has a market cap of $5.73 billion, a PE ratio of 14.27, a P/E/G ratio of 1.07 and a beta of 0.75. The firm has a fifty day simple moving average of $100.46 and a two-hundred day simple moving average of $101.73. NiCE has a 1-year low of $83.10 and a 1-year high of $153.68.

NiCE (NASDAQ:NICE - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.07. NiCE had a return on equity of 15.46% and a net margin of 13.86%.The firm had revenue of $782.29 million for the quarter, compared to analysts' expectations of $766.27 million. During the same period in the prior year, the firm earned $3.01 EPS. The company's revenue was up 7.7% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. As a group, research analysts forecast that NiCE will post 8.66 EPS for the current fiscal year.

Insider Buying and Selling at NiCE

In other news, VP Udi Dayan sold 500 shares of the business's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $100.00, for a total transaction of $50,000.00. Following the completion of the sale, the vice president owned 500 shares of the company's stock, valued at $50,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.02% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NiCE

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC purchased a new position in NiCE during the second quarter valued at $40,000. Manchester Capital Management LLC purchased a new stake in NiCE in the fourth quarter worth about $39,000. V Square Quantitative Management LLC bought a new position in shares of NiCE in the first quarter worth about $40,000. Legal & General Group Plc bought a new position in shares of NiCE in the second quarter worth about $65,000. Finally, Western Wealth Management LLC purchased a new position in shares of NiCE during the 1st quarter valued at about $44,000. 63.34% of the stock is currently owned by hedge funds and other institutional investors.

NiCE Company Profile

NiCE Ltd is a global software provider specializing in solutions for customer engagement, financial crime prevention, public safety, workforce optimization and border security. Its product offerings include cloud-native and on-premises platforms that leverage advanced analytics, artificial intelligence and automation to help organizations enhance customer experiences, streamline operations and ensure regulatory compliance. NiCE’s portfolio addresses the needs of contact centers, financial institutions, government agencies and enterprises across a broad range of industries.

In customer engagement, NiCE delivers tools for omnichannel interaction management, real-time and historical analytics, workforce management, and quality management.

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