NiCE (NASDAQ:NICE) Receives $131.17 Consensus Target Price from Analysts

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

Several research analysts have recently commented on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a research note on Wednesday, June 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $104.00 target price on shares of NiCE in a report on Wednesday, June 10th. Citigroup reissued a “market outperform” rating on shares of NiCE in a research report on Thursday, June 11th. Morgan Stanley dropped their price target on shares of NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Finally, Citizens Jmp cut their price objective on NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a research report on Thursday, May 7th.

Institutional Investors Weigh In On NiCE

A number of hedge funds have recently bought and sold shares of the stock. Miller Global Investments LLC purchased a new position in shares of NiCE in the 2nd quarter valued at about $542,000. Parallel Advisors LLC increased its stake in shares of NiCE by 50.4% during the first quarter. Parallel Advisors LLC now owns 2,092 shares of the technology company’s stock worth $231,000 after buying an additional 701 shares during the period. Summitry LLC increased its stake in shares of NiCE by 5.6% during the first quarter. Summitry LLC now owns 4,081 shares of the technology company’s stock worth $450,000 after buying an additional 215 shares during the period. Western Wealth Management LLC acquired a new stake in NiCE in the first quarter valued at approximately $44,000. Finally, Bank of America Corp DE raised its holdings in NiCE by 27.8% in the first quarter. Bank of America Corp DE now owns 173,896 shares of the technology company’s stock valued at $19,174,000 after acquiring an additional 37,865 shares in the last quarter. Institutional investors and hedge funds own 63.34% of the company’s stock.

NiCE Stock Performance

Shares of NASDAQ NICE opened at $96.74 on Friday. The stock has a market capitalization of $5.65 billion, a PE ratio of 11.48, a PEG ratio of 1.00 and a beta of 0.77. NiCE has a twelve month low of $83.10 and a twelve month high of $175.00. The stock has a fifty day simple moving average of $93.02 and a 200-day simple moving average of $105.52.

NiCE (NASDAQ:NICE) last announced its earnings results on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 17.42% and a net margin of 17.57%.NiCE’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the business posted $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 analysts predict that NiCE will post 9.08 earnings per share for the current year.

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.