Rosenblatt Securities Reaffirms “Buy” Rating for NiCE (NASDAQ:NICE)

NiCE (NASDAQ:NICE)‘s stock had its “buy” rating reaffirmed by stock analysts at Rosenblatt Securities in a report released on Thursday,Benzinga reports. They currently have a $130.00 price target on the technology company’s stock. Rosenblatt Securities’ target price points to a potential upside of 27.64% from the stock’s previous close.

NICE has been the subject of a number of other research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research report on Wednesday, June 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $104.00 target price on shares of NiCE in a report on Wednesday, June 10th. DA Davidson upgraded NiCE from a “neutral” rating to a “buy” rating and set a $110.00 target price on the stock in a research report on Thursday, June 18th. Wedbush reduced their price target on shares of NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $130.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $129.50.

NiCE Stock Performance

NiCE stock opened at $101.85 on Thursday. The stock has a 50-day moving average of $94.39 and a two-hundred day moving average of $102.98. NiCE has a one year low of $83.10 and a one year high of $153.68. The stock has a market cap of $5.95 billion, a PE ratio of 14.83, a price-to-earnings-growth ratio of 1.00 and a beta of 0.74.

NiCE (NASDAQ:NICE) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $766.27 million. During the same quarter in the prior year, the business posted $3.01 EPS. NiCE’s revenue for the quarter 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. As a group, sell-side analysts predict that NiCE will post 9.11 EPS for the current fiscal year.

Institutional Investors Weigh In On NiCE

Several hedge funds have recently bought and sold shares of NICE. Steward Partners Investment Advisory LLC lifted its position in shares of NiCE by 14.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 845 shares of the technology company’s stock worth $96,000 after buying an additional 106 shares during the last quarter. Qube Research & Technologies Ltd grew its position in shares of NiCE by 1.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 11,276 shares of the technology company’s stock valued at $1,633,000 after buying an additional 142 shares during the last quarter. Saturna Capital Corp grew its position in shares of NiCE by 0.8% in the 4th quarter. Saturna Capital Corp now owns 18,892 shares of the technology company’s stock valued at $2,136,000 after buying an additional 150 shares during the last quarter. Frank Rimerman Advisors LLC raised its stake in NiCE by 7.8% during the 1st quarter. Frank Rimerman Advisors LLC now owns 2,603 shares of the technology company’s stock worth $287,000 after acquiring an additional 189 shares in the last quarter. Finally, Summitry LLC raised its stake in NiCE by 5.6% during the 1st quarter. Summitry LLC now owns 4,081 shares of the technology company’s stock worth $450,000 after acquiring an additional 215 shares in the last quarter. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NiCE Company Profile

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.