NiCE (NASDAQ:NICE) Receives $131.17 Average Price Target from Analysts

Shares of NiCE (NASDAQ:NICE) have been given a consensus recommendation of “Moderate Buy” by the fourteen brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $131.1667.

A number of brokerages have commented on NICE. Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a report on Wednesday, June 24th. Citigroup reaffirmed a “market outperform” rating on shares of NiCE in a research note on Thursday, June 11th. DA Davidson upgraded NiCE from a “neutral” rating to a “buy” rating and set a $110.00 price target for the company in a research report on Thursday, June 18th. Rosenblatt Securities reissued a “buy” rating and issued a $155.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Finally, Wedbush decreased their price objective on NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, June 10th.

NiCE Stock Up 4.0%

Shares of NASDAQ NICE opened at $90.26 on Thursday. The firm has a market cap of $5.27 billion, a price-to-earnings ratio of 10.71, a price-to-earnings-growth ratio of 0.93 and a beta of 0.77. The company’s 50-day simple moving average is $93.04 and its 200-day simple moving average is $104.09. NiCE has a 52-week low of $83.10 and a 52-week high of $175.00.

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

Hedge Funds Weigh In On NiCE

A number of institutional investors and hedge funds have recently bought and sold shares of NICE. Migdal Insurance & Financial Holdings Ltd. lifted its stake in 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 in the last quarter. Principal Financial Group Inc. grew its position in shares of 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 valued at $504,874,000 after purchasing an additional 4,315,414 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of NiCE by 127.0% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 25,796 shares of the technology company’s stock valued at $2,916,000 after purchasing an additional 14,430 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of NiCE by 16.8% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock valued at $113,366,000 after purchasing an additional 148,113 shares during the last quarter. Finally, Bronte Capital Management Pty Ltd. purchased a new position in NiCE during the fourth quarter worth approximately $2,297,000. 63.34% of the stock is currently owned by institutional investors and hedge funds.

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.