NiCE (NASDAQ:NICE) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• NiCE has a consensus “Hold” rating from 14 analysts: seven rate it a buy, six a hold and one a sell. The average 12-month price target is $129.50.
• Recent analyst actions were mixed, with target prices ranging from $104 to $170; Morgan Stanley lowered its target to $130 while maintaining an overweight rating, and Cantor Fitzgerald reiterated a neutral rating with a $104 target.
• NiCE exceeded quarterly expectations, reporting adjusted EPS of $2.70 versus $2.63 expected and revenue of $782.29 million versus $766.27 million forecast. Revenue increased 7.7% year over year, though EPS declined from $3.01 in the prior-year quarter.

Shares of NiCE (NASDAQ:NICE - Get Free Report) have been given a consensus recommendation of "Hold" by the fourteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $129.50.

A number of equities analysts have issued reports on NICE shares. Citizens Jmp cut their target price on NiCE from $200.00 to $170.00 and set a "market outperform" rating on the stock in a research report on Thursday, May 7th. Cantor Fitzgerald reissued a "neutral" rating and set a $104.00 price target on shares of NiCE in a research report on Wednesday, June 10th. DA Davidson upped their price target on shares of NiCE from $110.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Weiss Ratings reiterated a "sell (d+)" rating on shares of NiCE in a research note on Wednesday, June 24th. Finally, Morgan Stanley dropped their target price on shares of NiCE from $148.00 to $130.00 and set an "overweight" rating for the company in a research report on Monday, May 11th.

Insider Buying and Selling

In related news, VP Udi Yehuda Dayan sold 500 shares of NiCE stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $100.00, for a total value of $50,000.00. Following the completion of the transaction, the vice president directly owned 500 shares in the company, valued at approximately $50,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.02% of the company's stock.

Institutional Trading of NiCE

Several institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC acquired a new position in shares of NiCE in the 1st quarter worth approximately $226,000. Goldman Sachs Group Inc. raised its position in shares of NiCE by 81.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company's stock valued at $35,430,000 after acquiring an additional 103,342 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of NiCE during the 1st quarter valued at approximately $892,000. Woodline Partners LP lifted its stake in NiCE by 18.7% during the first quarter. Woodline Partners LP now owns 20,140 shares of the technology company's stock worth $3,105,000 after purchasing an additional 3,178 shares during the last quarter. Finally, Legal & General Group Plc bought a new position in NiCE during the second quarter worth $65,000. Institutional investors and hedge funds own 63.34% of the company's stock.

NiCE Stock Performance

Shares of NASDAQ NICE opened at $102.26 on Monday. NiCE has a 1 year low of $83.10 and a 1 year high of $153.68. The firm has a market cap of $5.98 billion, a price-to-earnings ratio of 14.89, a PEG ratio of 1.10 and a beta of 0.74. The stock's 50-day simple moving average is $95.03 and its 200-day simple moving average is $102.51.

NiCE (NASDAQ:NICE - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $766.27 million. During the same quarter in the prior year, the business posted $3.01 earnings per share. NiCE's revenue for the quarter was up 7.7% on a year-over-year basis. 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 predict that NiCE will post 8.7 EPS for the current year.

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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