Brokerages Set Nice (NASDAQ:NICE) PT at $205.25

Key Points

• Shares of Nice have received an average recommendation of "Moderate Buy" from thirteen research firms, with a 12-month price target of $205.25.
• The company reported $3.01 earnings per share for the last quarter, surpassing analysts' estimates and showing a 9.4% revenue growth year-over-year.
• Institutional investors own 63.34% of Nice's stock, reflecting significant confidence in the company's future prospects.

Shares of Nice (NASDAQ:NICE - Get Free Report) have been given an average rating of "Moderate Buy" by the thirteen ratings firms that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $205.25.

NICE has been the topic of a number of research analyst reports. Piper Sandler restated a "neutral" rating and issued a $182.00 price target (up previously from $153.00) on shares of Nice in a research note on Friday, June 13th. DA Davidson decreased their price objective on Nice from $195.00 to $150.00 and set a "neutral" rating on the stock in a report on Thursday, August 14th. Citigroup reduced their target price on Nice from $214.00 to $211.00 and set a "buy" rating on the stock in a report on Monday, May 19th. Wall Street Zen raised Nice from a "hold" rating to a "buy" rating in a research note on Friday, August 22nd. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $190.00 price objective on shares of Nice in a research note on Friday, August 15th.

Nice Stock Performance

NICE traded up $2.25 during trading hours on Monday, reaching $139.54. The company's stock had a trading volume of 311,446 shares, compared to its average volume of 573,167. Nice has a 52 week low of $127.00 and a 52 week high of $200.65. The company's 50-day moving average is $152.86 and its 200-day moving average is $156.09. The firm has a market cap of $8.83 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 1.22 and a beta of 0.95.

Nice (NASDAQ:NICE - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The technology company reported $3.01 earnings per share for the quarter, beating analysts' consensus estimates of $2.99 by $0.02. Nice had a return on equity of 17.43% and a net margin of 18.92%.The business had revenue of $726.71 million for the quarter, compared to analysts' expectations of $713.18 million. During the same quarter in the prior year, the business earned $2.64 EPS. The firm's revenue for the quarter was up 9.4% on a year-over-year basis. Nice has set its FY 2025 guidance at 12.330-12.530 EPS. Q3 2025 guidance at 3.120-3.220 EPS. Equities analysts anticipate that Nice will post 9.85 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Nice

Several large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC grew its stake in Nice by 4,192.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 601 shares of the technology company's stock valued at $102,000 after acquiring an additional 587 shares during the period. Northern Trust Corp lifted its holdings in Nice by 126.3% during the fourth quarter. Northern Trust Corp now owns 22,345 shares of the technology company's stock worth $3,795,000 after acquiring an additional 12,469 shares during the period. Schonfeld Strategic Advisors LLC bought a new stake in Nice during the fourth quarter worth $510,000. Mercer Global Advisors Inc. ADV raised its stake in shares of Nice by 7.6% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 5,852 shares of the technology company's stock valued at $994,000 after buying an additional 412 shares during the period. Finally, Accredited Wealth Management LLC bought a new stake in shares of Nice in the fourth quarter valued at $38,000. Institutional investors and hedge funds own 63.34% of the company's stock.

About Nice

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.