NiCE (NASDAQ:NICE – Get Free Report) announced that its Board of Directors has initiated a stock buyback program on Thursday, February 19th, RTT News reports. The company plans to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 9.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s management believes its stock is undervalued.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the stock. Morgan Stanley set a $148.00 target price on shares of NiCE in a research note on Friday. DA Davidson reduced their price objective on NiCE from $150.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, November 18th. Wedbush reissued a “neutral” rating and issued a $120.00 target price on shares of NiCE in a report on Friday. Jefferies Financial Group restated a “hold” rating on shares of NiCE in a research note on Thursday. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research report on Monday, December 29th. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $151.67.
Get Our Latest Stock Report on NICE
NiCE Stock Up 5.5%
NiCE (NASDAQ:NICE – Get Free Report) last released its earnings results on Thursday, February 19th. The technology company reported $3.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.23 by $0.01. NiCE had a net margin of 20.78% and a return on equity of 18.48%. The company had revenue of $786.50 million during the quarter, compared to analyst estimates of $779.95 million. During the same period in the prior year, the firm posted $3.02 EPS. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS. Research analysts anticipate that NiCE will post 9.85 EPS for the current year.
NiCE News Summary
Here are the key news stories impacting NiCE this week:
- Positive Sentiment: Q4 results slightly beat expectations and showed strength in cloud business (cloud revenue +14% Y/Y), driven by AI-related demand—this was the main catalyst cited for the upside. Zacks: NICE Q4 Earnings Beat
- Positive Sentiment: NiCE raised FY2026 EPS guidance to $10.85–$11.05, above Wall Street consensus, which supports a constructive longer‑term earnings outlook. FY2026 Guidance (press release/slide deck)
- Positive Sentiment: Board approved a $600 million share repurchase program (up to ~9.6% of shares outstanding), signaling management believes shares are undervalued and providing buyback-driven EPS support. RTT News: Buyback
- Positive Sentiment: Sell‑side support remains: Rosenblatt reaffirmed a “buy” and $155 price target, showing continued analyst conviction among some firms. Benzinga: Rosenblatt rating
- Neutral Sentiment: Analyst coverage is mixed overall—Wedbush reaffirmed a “neutral” rating with a $120 target, reflecting differing views on near‑term execution vs. long‑term opportunity. Benzinga: Wedbush rating
- Neutral Sentiment: Full Q4 earnings and the conference call-transcript are available for deeper read‑throughs of product traction, channel commentary and AI pipeline details. MSN: Q4 earnings call transcript
- Negative Sentiment: Q1 2026 guidance came in below Wall Street expectations (EPS $2.45–$2.55 vs. consensus ~2.76 and revenue guidance below consensus), creating near‑term execution uncertainty that could cap upside. Q1 Guidance (slide deck/press materials)
- Negative Sentiment: RBC trimmed its price target (from $175 to $150) despite keeping an outperform rating—this reduction tempers some upside expectations from peer analysts. The Fly: RBC target cut
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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