NiCE (NASDAQ:NICE) Stock Falls 6.2% – What’s Next?

NiCE (NASDAQ:NICE)’s stock price fell 6.2% during mid-day trading on Tuesday. The company traded as low as $104.29 and last traded at $105.4510. Approximately 144,608 shares traded hands during trading, a decline of 79% from the average session volume of 676,490 shares. The stock had previously closed at $112.39.

Wall Street Analyst Weigh In

NICE has been the topic of a number of research reports. Royal Bank Of Canada boosted their target price on shares of NiCE from $130.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, September 24th. Rosenblatt Securities restated a “buy” rating and issued a $130.00 target price on shares of NiCE in a report on Thursday, August 6th. Oppenheimer raised NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research report on Wednesday, September 30th. Yorkville Ives began coverage on NiCE in a report on Monday, October 5th. They set an “in-line” rating and a $125.00 price objective on the stock. Finally, DA Davidson upped their price objective on shares of NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $131.71.

NiCE Trading Down 5.6%

The firm has a market capitalization of $6.20 billion, a PE ratio of 15.44, a PEG ratio of 1.28 and a beta of 0.76. The firm’s fifty day moving average price is $110.90 and its 200 day moving average price is $105.09.

NiCE (NASDAQ:NICE) last issued its earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.07. The company had revenue of $782.29 million for the quarter, compared to analyst estimates of $766.27 million. NiCE had a return on equity of 15.46% and a net margin of 13.86%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.01 EPS. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. As a group, research analysts expect that NiCE will post 8.60 EPS for the current year.

Insider Activity at NiCE

In other news, VP Udi Dayan sold 500 shares of the firm’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $100.00, for a total transaction of $50,000.00. Following the transaction, the vice president owned 500 shares in the company, valued at approximately $50,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.02% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On NiCE

Several hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. lifted its position in shares of NiCE by 1,637.6% in the first quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock worth $504,874,000 after buying an additional 4,315,414 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of NiCE by 16.8% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock valued at $113,366,000 after acquiring an additional 148,113 shares in the last quarter. Kopernik Global Investors LLC acquired a new stake in NiCE in the 1st quarter worth approximately $27,670,000. Sei Investments Co. lifted its holdings in NiCE by 10.6% in the 1st quarter. Sei Investments Co. now owns 194,717 shares of the technology company’s stock worth $21,468,000 after purchasing an additional 18,631 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in NiCE by 27.8% during the first quarter. Bank of America Corp DE now owns 173,896 shares of the technology company’s stock worth $19,174,000 after purchasing an additional 37,865 shares during the period. 63.34% of the stock is owned by institutional investors and hedge funds.

About NiCE

NICE Ltd. (NASDAQ: NICE) is a technology company that provides cloud-based software and artificial intelligence solutions for customer experience, employee engagement, and business operations. Its platforms help organizations manage customer interactions across voice, digital, and other communication channels while using analytics and automation to improve service and operational performance.

The company’s portfolio includes NICE CXone, a cloud customer experience platform that supports contact-center operations, workforce management, analytics, and digital engagement.