NiCE (NASDAQ:NICE) Stock Has Consensus Price Target of $131.71 According to Brokerages

NiCE (NASDAQ:NICE) has received an average recommendation of “Moderate Buy” from the sixteen brokerages that are currently covering the firm, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $131.71.

A number of equities analysts have recently weighed in on the company. Yorkville Ives started coverage on NiCE in a report on Monday, October 5th. They issued an “in-line” rating and a $125.00 target price on the stock. Royal Bank Of Canada raised their price target 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 reaffirmed a “buy” rating and set a $130.00 price objective on shares of NiCE in a research report on Thursday, August 6th. 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. Finally, Oppenheimer raised shares of NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research note on Wednesday, September 30th.

Insider Buying and Selling

In other NiCE news, VP Udi Dayan sold 500 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $100.00, for a total value of $50,000.00. Following the transaction, the vice president directly owned 500 shares of the company’s stock, valued at $50,000. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.02% of the stock is owned by company insiders.

Institutional Investors Weigh In On NiCE

Institutional investors have recently made changes to their positions in the company. Allegiance Financial Group Advisory Services LLC acquired a new stake in shares of NiCE in the third quarter worth about $230,000. Guardian Wealth Management Inc. boosted its stake in shares of NiCE by 0.4% during the 3rd quarter. Guardian Wealth Management Inc. now owns 24,161 shares of the technology company’s stock worth $2,688,000 after acquiring an additional 107 shares in the last quarter. Hiddenite Capital Partners LP acquired a new position in shares of NiCE during the 3rd quarter valued at about $9,969,000. Park Avenue Securities LLC increased its holdings in shares of NiCE by 4.5% during the 3rd quarter. Park Avenue Securities LLC now owns 2,878 shares of the technology company’s stock valued at $320,000 after acquiring an additional 123 shares during the last quarter. Finally, Leslie Global Wealth LLC acquired a new position in shares of NiCE during the 3rd quarter valued at about $234,000. 63.34% of the stock is currently owned by institutional investors and hedge funds.

NiCE Price Performance

NASDAQ NICE opened at $112.39 on Friday. NiCE has a 12 month low of $83.10 and a 12 month high of $138.58. The company’s 50 day simple moving average is $110.90 and its 200 day simple moving average is $105.09. The company has a market capitalization of $6.57 billion, a P/E ratio of 16.36, a PEG ratio of 1.28 and a beta of 0.76.

NiCE (NASDAQ:NICE) last released 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. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The business had revenue of $782.29 million for the quarter, compared to the consensus estimate of $766.27 million. During the same period last year, the firm posted $3.01 earnings per share. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. On average, analysts anticipate that NiCE will post 8.60 earnings per share for the current year.

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.