NiCE (NASDAQ:NICE) Stock Now Rated "Moderate Buy" by Wall Street Brokerages

Key Points

• Wall Street analysts rate NiCE a “Moderate Buy,” with eight buy ratings and eight holds among 16 brokerages. The average 12-month price target is $131.71, with recent targets ranging from $130 to $150.
• NiCE shares opened at $113.76 and were down 1.1%, while the company reported quarterly adjusted earnings of $2.70 per share and revenue of $782.29 million, exceeding analyst estimates.
• Institutional investors own 63.34% of NiCE’s stock, with several funds increasing holdings or initiating new positions; corporate insiders own just 0.02%.

Shares of NiCE (NASDAQ:NICE - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the sixteen brokerages that are covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $131.71.

A number of equities analysts have issued reports on the company. Rosenblatt Securities restated a "buy" rating and set a $130.00 price target on shares of NiCE in a report on Thursday, August 6th. Royal Bank Of Canada upped their price target on NiCE from $130.00 to $145.00 and gave the stock an "outperform" rating in a research note on Thursday, September 24th. Weiss Ratings upgraded NiCE from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, October 2nd. Oppenheimer raised shares of NiCE from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a research report on Wednesday, September 30th. Finally, Citigroup restated a "neutral" rating on shares of NiCE in a research note on Thursday, August 6th.

NiCE Trading Down 1.1%

Shares of NiCE stock opened at $113.76 on Friday. The firm has a market capitalization of $6.65 billion, a PE ratio of 16.56, a price-to-earnings-growth ratio of 1.25 and a beta of 0.76. The firm's 50 day moving average is $110.66 and its 200 day moving average is $105.11. NiCE has a 1 year low of $83.10 and a 1 year high of $138.58.

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, topping the consensus estimate of $2.63 by $0.07. The company had revenue of $782.29 million for the quarter, compared to analysts' expectations of $766.27 million. NiCE had a return on equity of 15.46% and a net margin of 13.86%. The business's quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business posted $3.01 earnings per share. 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 anticipate that NiCE will post 8.65 earnings per share for the current year.

Insider Buying and Selling

In other NiCE news, VP Udi Dayan sold 500 shares of NiCE stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $100.00, for a total value of $50,000.00. Following the sale, the vice president owned 500 shares of the company's stock, valued at approximately $50,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.02% of the company's stock.

Hedge Funds Weigh In On NiCE

Several institutional investors and hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. increased its holdings in NiCE by 1,637.6% during the 1st quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company's stock worth $504,874,000 after acquiring an additional 4,315,414 shares during the period. Kopernik Global Investors LLC purchased a new stake in shares of NiCE in the 1st quarter valued at about $27,670,000. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of NiCE by 16.8% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company's stock valued at $113,366,000 after acquiring an additional 148,113 shares in the last quarter. American Capital Management Inc. bought a new stake in shares of NiCE during the 2nd quarter valued at about $12,414,000. Finally, Hiddenite Capital Partners LP bought a new position in shares of NiCE in the third quarter worth approximately $9,969,000. 63.34% of the stock is owned by institutional investors.

NiCE Company Profile

NICE Ltd. NASDAQ: NICE is a technology company that provides cloud-based software and artificial intelligence solutions for customer experience, employee engagement, and business operations. Its platforms help organizations manage customer interactions across voice, digital, and other communication channels while using analytics and automation to improve service and operational performance.

The company's portfolio includes NICE CXone, a cloud customer experience platform that supports contact-center operations, workforce management, analytics, and digital engagement.

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