NiCE (NASDAQ:NICE) Given Average Recommendation of “Hold” by Brokerages

NiCE (NASDAQ:NICE) has been given a consensus rating of “Hold” by the fourteen research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $129.50.

A number of equities analysts recently issued reports on the company. Rosenblatt Securities restated a “buy” rating and set a $130.00 price objective on shares of NiCE in a report on Thursday, August 6th. Wedbush reduced their target price on NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 10th. 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 research note on Monday, May 11th. Citigroup restated a “neutral” rating on shares of NiCE in a report on Thursday, August 6th. Finally, DA Davidson raised their price target on shares of NiCE from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th.

NiCE Price Performance

NiCE stock opened at $100.24 on Monday. NiCE has a 1-year low of $83.10 and a 1-year high of $153.68. The firm has a market capitalization of $5.86 billion, a P/E ratio of 14.59, a price-to-earnings-growth ratio of 1.08 and a beta of 0.74. The company’s 50-day moving average is $96.11 and its 200 day moving average is $102.15.

NiCE (NASDAQ:NICE) last announced its earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.07. The business had revenue of $782.29 million during the quarter, compared to analyst estimates of $766.27 million. NiCE had a return on equity of 15.46% and a net margin of 13.86%.The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.01 earnings per share. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. Research analysts anticipate that NiCE will post 8.7 earnings per share for the current fiscal year.

Insider Transactions at NiCE

In other NiCE news, VP Udi Yehuda Dayan sold 500 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were 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 in the company, valued at $50,000. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.02% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. grew its holdings in NiCE by 1,637.6% in the first 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. RPD Fund Management LLC acquired a new position in shares of NiCE in the 4th quarter valued at $100,154,000. Brandes Investment Partners LP purchased a new position in NiCE in the 4th quarter worth $79,944,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in NiCE in the 3rd quarter worth $88,599,000. Finally, Kopernik Global Investors LLC acquired a new stake in NiCE during the 1st quarter worth about $27,670,000. 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.