NiCE (NASDAQ:NICE) Earns “Neutral” Rating from Cantor Fitzgerald

NiCE (NASDAQ:NICE)‘s stock had its “neutral” rating reissued by equities research analysts at Cantor Fitzgerald in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $104.00 target price on the technology company’s stock. Cantor Fitzgerald’s target price suggests a potential upside of 17.35% from the stock’s current price.

NICE has been the subject of several other research reports. Citigroup decreased their target price on shares of NiCE from $119.00 to $100.00 and set a “neutral” rating for the company in a research report on Friday, May 8th. Wedbush restated a “neutral” rating and set a $120.00 price target on shares of NiCE in a research note on Friday, February 20th. Weiss Ratings reiterated a “sell (d+)” rating on shares of NiCE in a report on Friday, March 27th. Piper Sandler restated a “neutral” rating and set a $124.00 target price on shares of NiCE in a report on Monday, February 23rd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $155.00 price objective on shares of NiCE in a research note on Wednesday. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $134.50.

NiCE Stock Down 3.0%

Shares of NASDAQ:NICE opened at $88.62 on Wednesday. NiCE has a 52-week low of $84.38 and a 52-week high of $180.61. The company has a market capitalization of $5.36 billion, a price-to-earnings ratio of 10.51, a price-to-earnings-growth ratio of 0.95 and a beta of 0.78. The company has a 50 day moving average of $99.50 and a two-hundred day moving average of $107.69.

NiCE (NASDAQ:NICE) last announced its earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share 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 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 was up 9.8% on a year-over-year basis. During the same period last year, the firm earned $2.87 earnings per share. 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 analysts anticipate that NiCE will post 9.08 earnings per share for the current year.

NiCE declared that its Board of Directors has approved a share repurchase program on Thursday, February 19th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the technology company to repurchase up to 9.6% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Hedge Funds Weigh In On NiCE

A number of institutional investors and hedge funds have recently bought and sold shares of NICE. Manchester Capital Management LLC acquired a new stake in NiCE in the 4th quarter worth $39,000. V Square Quantitative Management LLC bought a new stake in shares of NiCE in the first quarter valued at about $40,000. Tower Research Capital LLC TRC acquired a new stake in NiCE during the second quarter worth about $40,000. Western Wealth Management LLC bought a new position in NiCE during the first quarter valued at about $44,000. Finally, Legal & General Group Plc bought a new stake in shares of NiCE in the 2nd quarter worth approximately $65,000. Institutional investors own 63.34% of the company’s stock.

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.