NiCE (NASDAQ:NICE) Receives Average Rating of “Hold” from Analysts

NiCE (NASDAQ:NICE) has earned an average rating of “Hold” from the fourteen analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $136.9167.

A number of equities analysts have issued reports on NICE shares. Wedbush reiterated a “neutral” rating and set a $120.00 target price on shares of NiCE in a report on Friday, February 20th. Zacks Research upgraded NiCE from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Rosenblatt Securities reiterated a “buy” rating and set a $155.00 target price on shares of NiCE in a report on Friday, February 20th. Weiss Ratings reiterated a “sell (d+)” rating on shares of NiCE in a report on Friday, March 27th. Finally, Piper Sandler reiterated a “neutral” rating and set a $124.00 target price on shares of NiCE in a report on Monday, February 23rd.

NiCE Stock Down 2.4%

NICE opened at $97.05 on Wednesday. The company has a fifty day simple moving average of $101.78 and a 200 day simple moving average of $108.81. The stock has a market cap of $5.86 billion, a P/E ratio of 11.51, a P/E/G ratio of 1.03 and a beta of 0.78. NiCE has a 12 month low of $84.38 and a 12 month high of $180.61.

NiCE (NASDAQ:NICE) last released its earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.52 by $0.12. The firm had revenue of $768.62 million during the quarter, compared to analysts’ expectations of $760.94 million. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The company’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. On average, equities research analysts expect that NiCE will post 9.08 earnings per share for the current fiscal year.

NiCE declared that its Board of Directors has authorized a stock buyback plan on Thursday, February 19th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the technology company to buy up to 9.6% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Hedge Funds Weigh In On NiCE

Hedge funds have recently modified their holdings of the stock. Truist Financial Corp bought a new position in shares of NiCE in the 3rd quarter valued at about $1,230,000. Mediolanum International Funds Ltd grew its holdings in shares of NiCE by 101.7% in the 3rd quarter. Mediolanum International Funds Ltd now owns 44,940 shares of the technology company’s stock valued at $6,578,000 after acquiring an additional 22,664 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of NiCE by 0.9% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,646,690 shares of the technology company’s stock valued at $186,142,000 after acquiring an additional 15,000 shares in the last quarter. Madison Asset Management LLC bought a new position in shares of NiCE in the 3rd quarter valued at about $1,381,000. Finally, Oppenheimer Asset Management Inc. grew its holdings in shares of NiCE by 127.0% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 25,796 shares of the technology company’s stock valued at $2,916,000 after acquiring an additional 14,430 shares in the last quarter. Institutional investors own 63.34% of the company’s stock.

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.