Analysts Set NiCE (NASDAQ:NICE) PT at $151.83

NiCE (NASDAQ:NICE) has earned an average rating of “Hold” from the fourteen brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $151.8333.

Several brokerages recently issued reports on NICE. Piper Sandler reissued a “neutral” rating and set a $124.00 price objective on shares of NiCE in a report on Monday, February 23rd. Morgan Stanley set a $148.00 target price on NiCE in a research report on Friday, February 20th. Zacks Research upgraded NiCE from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Jefferies Financial Group reissued a “hold” rating on shares of NiCE in a research report on Thursday, February 19th. Finally, Royal Bank Of Canada decreased their price objective on NiCE from $175.00 to $150.00 and set an “outperform” rating for the company in a research note on Friday, February 20th.

Institutional Trading of NiCE

Several hedge funds have recently modified their holdings of the company. AQR Capital Management LLC bought a new position in shares of NiCE during the 1st quarter worth approximately $226,000. Goldman Sachs Group Inc. boosted its stake in NiCE by 81.7% in the first quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company’s stock valued at $35,430,000 after acquiring an additional 103,342 shares in the last quarter. Empowered Funds LLC acquired a new stake in NiCE in the first quarter valued at approximately $892,000. Woodline Partners LP grew its holdings in NiCE by 18.7% in the first quarter. Woodline Partners LP now owns 20,140 shares of the technology company’s stock worth $3,105,000 after purchasing an additional 3,178 shares during the last quarter. Finally, ProShare Advisors LLC grew its holdings in NiCE by 8.2% in the second quarter. ProShare Advisors LLC now owns 1,831 shares of the technology company’s stock worth $309,000 after purchasing an additional 138 shares during the last quarter. 63.34% of the stock is owned by hedge funds and other institutional investors.

NiCE Price Performance

Shares of NiCE stock opened at $118.36 on Friday. NiCE has a 1 year low of $94.65 and a 1 year high of $180.61. The firm’s 50-day moving average is $114.20 and its two-hundred day moving average is $121.40. The stock has a market cap of $7.49 billion, a price-to-earnings ratio of 12.24, a PEG ratio of 1.38 and a beta of 0.95.

NiCE (NASDAQ:NICE) last posted its quarterly earnings results on Thursday, February 19th. The technology company reported $3.24 EPS for the quarter, beating the consensus estimate of $3.23 by $0.01. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The business had revenue of $786.50 million during the quarter, compared to analyst estimates of $779.95 million. During the same quarter in the previous year, the business posted $3.02 EPS. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS. On average, equities analysts expect that NiCE will post 9.85 earnings per share for the current year.

NiCE declared that its board has initiated a stock repurchase plan on Thursday, February 19th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 9.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

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.