NiCE (NASDAQ:NICE) Hits New 1-Year Low – What’s Next?

NiCE (NASDAQ:NICE)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as $84.38 and last traded at $86.38, with a volume of 1001375 shares trading hands. The stock had previously closed at $86.70.

Analysts Set New Price Targets

NICE has been the topic of several analyst reports. Citizens Jmp dropped their target price on NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a report on Thursday, May 7th. Royal Bank Of Canada dropped their target price on NiCE from $150.00 to $130.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Zacks Research upgraded NiCE from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Jefferies Financial Group reiterated a “hold” rating on shares of NiCE in a report on Thursday, February 19th. Finally, Citigroup dropped their target price on NiCE from $119.00 to $100.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $136.92.

NiCE Trading Up 2.1%

The company has a market cap of $5.42 billion, a price-to-earnings ratio of 10.65, a price-to-earnings-growth ratio of 0.91 and a beta of 0.82. The firm has a 50-day moving average price of $107.78 and a 200 day moving average price of $111.85.

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

NiCE declared that its Board of Directors has approved a stock repurchase program on Thursday, February 19th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the technology company to buy up to 9.6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in NICE. Principal Financial Group Inc. lifted its holdings 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. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of NiCE by 2.7% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,768,920 shares of the technology company’s stock worth $400,884,000 after purchasing an additional 73,083 shares during the last quarter. FIL Ltd lifted its holdings in shares of NiCE by 0.7% in the 4th quarter. FIL Ltd now owns 1,732,137 shares of the technology company’s stock worth $195,801,000 after purchasing an additional 11,433 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of NiCE by 0.9% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,646,690 shares of the technology company’s stock worth $186,142,000 after purchasing an additional 15,000 shares during the last quarter. Finally, Artisan Partners Limited Partnership lifted its holdings in shares of NiCE by 22.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,256,752 shares of the technology company’s stock worth $142,063,000 after purchasing an additional 227,631 shares during the last quarter. Institutional investors and hedge funds 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.