NiCE (NASDAQ:NICE) Receives Consensus Rating of “Moderate Buy” from Brokerages

NiCE (NASDAQ:NICEGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the fourteen brokerages that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $131.1667.

Several research analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d+)” rating on shares of NiCE in a report on Wednesday, June 24th. DA Davidson raised NiCE from a “neutral” rating to a “buy” rating and set a $110.00 price target for the company in a report on Thursday, June 18th. Royal Bank Of Canada reiterated an “outperform” rating and set a $130.00 price objective on shares of NiCE in a research report on Wednesday, June 10th. Citizens Jmp lowered their price objective on NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a research note on Thursday, May 7th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $155.00 price objective on shares of NiCE in a research note on Wednesday, June 10th.

Read Our Latest Research Report on NICE

NiCE Trading Down 6.0%

NASDAQ:NICE opened at $88.52 on Thursday. The company has a market cap of $5.17 billion, a P/E ratio of 10.50, a P/E/G ratio of 0.97 and a beta of 0.77. NiCE has a twelve month low of $83.10 and a twelve month high of $175.00. The company’s 50-day moving average price is $93.05 and its 200-day moving average price is $104.36.

NiCE (NASDAQ:NICEGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.12. The company had revenue of $768.62 million during the quarter, compared to analysts’ expectations of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. NiCE’s revenue was up 9.8% compared to the same quarter last year. 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, analysts expect that NiCE will post 9.08 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of NICE. AQR Capital Management LLC acquired a new stake in NiCE during the first quarter worth about $226,000. Goldman Sachs Group Inc. boosted its holdings in NiCE by 81.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company’s stock valued at $35,430,000 after purchasing an additional 103,342 shares during the last quarter. Empowered Funds LLC acquired a new position in NiCE in the 1st quarter valued at about $892,000. Woodline Partners LP grew its stake in shares of NiCE by 18.7% in the 1st quarter. Woodline Partners LP now owns 20,140 shares of the technology company’s stock valued at $3,105,000 after buying an additional 3,178 shares during the period. Finally, Legal & General Group Plc purchased a new stake in shares of NiCE in the 2nd quarter valued at approximately $65,000. Institutional investors and hedge funds own 63.34% of the company’s stock.

About NiCE

(Get Free Report)

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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Analyst Recommendations for NiCE (NASDAQ:NICE)

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