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

Shares of NiCE (NASDAQ:NICE) have been assigned a consensus recommendation of “Moderate Buy” from the fourteen analysts that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $131.1667.

A number of brokerages recently issued reports on NICE. Rosenblatt Securities reissued a “buy” rating and set a $155.00 price target on shares of NiCE in a research report on Wednesday, June 10th. Cantor Fitzgerald reissued a “neutral” rating and set a $104.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Citigroup restated a “market outperform” rating on shares of NiCE in a report on Thursday, June 11th. DA Davidson raised shares of NiCE from a “neutral” rating to a “buy” rating and set a $110.00 target price for the company in a research note on Thursday, June 18th. Finally, Morgan Stanley lowered their target price on shares of NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a report on Monday, May 11th.

NiCE Stock Up 5.3%

Shares of NICE stock opened at $95.01 on Thursday. The business’s fifty day moving average is $93.09 and its 200 day moving average is $103.85. The stock has a market cap of $5.55 billion, a price-to-earnings ratio of 11.27, a PEG ratio of 0.93 and a beta of 0.77. NiCE has a twelve month low of $83.10 and a twelve month high of $175.00.

NiCE (NASDAQ:NICE) last announced its quarterly earnings data on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, beating the consensus estimate of $2.52 by $0.12. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The business had revenue of $768.62 million during the quarter, compared to analyst estimates of $760.94 million. During the same quarter last year, the firm posted $2.87 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. Equities research analysts expect that NiCE will post 9.08 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in NICE. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of NiCE by 0.9% during the fourth 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. Principal Financial Group Inc. raised its position in shares of NiCE by 1,637.6% in the 1st quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock worth $504,874,000 after purchasing an additional 4,315,414 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in NiCE by 127.0% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 25,796 shares of the technology company’s stock worth $2,916,000 after purchasing an additional 14,430 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its stake in 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 worth $113,366,000 after purchasing an additional 148,113 shares in the last quarter. Finally, Kopernik Global Investors LLC purchased a new stake in NiCE during the 1st quarter valued at about $27,670,000. Hedge funds and other 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.