NiCE (NASDAQ:NICE) Receives Consensus Rating of "Hold" from Analysts

Shares of NiCE (NASDAQ:NICE - Get Free Report) have been assigned a consensus recommendation of "Hold" from the fourteen analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $138.4167.

Several research analysts have commented on NICE shares. Rosenblatt Securities reaffirmed a "buy" rating and issued a $155.00 price target on shares of NiCE in a research report on Friday, February 20th. Morgan Stanley set a $148.00 price objective on NiCE in a report on Friday, February 20th. Wedbush reissued a "neutral" rating and set a $120.00 price objective on shares of NiCE in a report on Friday, February 20th. Royal Bank Of Canada decreased their price objective on NiCE from $150.00 to $130.00 and set an "outperform" rating on the stock in a report on Thursday. Finally, Citigroup decreased their price objective on NiCE from $119.00 to $100.00 and set a "neutral" rating on the stock in a report on Friday.

Institutional Trading of NiCE

Several institutional investors have recently modified their holdings of NICE. Principal Financial Group Inc. grew its holdings in shares of 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 purchasing an additional 4,315,414 shares in the last quarter. RPD Fund Management LLC acquired a new stake in shares of NiCE during the 4th quarter worth approximately $100,154,000. Brandes Investment Partners LP acquired a new stake in shares of NiCE during the 4th quarter worth approximately $79,944,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of NiCE during the 3rd quarter worth approximately $88,599,000. Finally, Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of NiCE by 36.0% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 880,059 shares of the technology company's stock worth $99,482,000 after purchasing an additional 233,080 shares in the last quarter. Institutional investors and hedge funds own 63.34% of the company's stock.

NiCE Stock Down 3.0%

Shares of NASDAQ NICE opened at $92.73 on Friday. The business's 50 day moving average is $111.28 and its two-hundred day moving average is $113.55. The company has a market cap of $5.60 billion, a P/E ratio of 11.00, a P/E/G ratio of 1.11 and a beta of 0.82. NiCE has a 12 month low of $90.70 and a 12 month high of $180.61.

NiCE (NASDAQ:NICE - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, topping the consensus estimate of $2.52 by $0.12. The company had revenue of $768.62 million for the quarter, compared to the consensus estimate of $760.94 million. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The company's revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.87 EPS. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. Sell-side analysts expect that NiCE will post 8.89 earnings per share for the current fiscal year.

NiCE announced that its Board of Directors has authorized a stock buyback program on Thursday, February 19th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the technology company to buy up to 9.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

About NiCE

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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