NiCE (NASDAQ:NICE) Shares Gap Down – Time to Sell?

NiCE (NASDAQ:NICE) shares gapped down before the market opened on Wednesday . The stock had previously closed at $103.29, but opened at $95.63. NiCE shares last traded at $96.18, with a volume of 244,647 shares changing hands.

NiCE News Summary

Here are the key news stories impacting NiCE this week:

• Positive Sentiment: NiCE reported second-quarter revenue of $782.3 million, up 7.6% year over year and above the $766.3 million consensus estimate. EPS of $2.70 also exceeded expectations of $2.63. Cloud revenue was particularly strong, increasing 12.6% to $609.0 million. NiCE Second-Quarter Results
• Positive Sentiment: Full-year 2026 EPS guidance of $11.06-$11.26 is above the $10.69 analyst consensus, suggesting management expects stronger profitability than Wall Street currently models. Full-year revenue guidance was broadly in line with consensus.
• Positive Sentiment: NiCE’s customer-engagement platform received positive external visibility after Concentrix and Currys won the company’s 2026 International CX Excellence Award for engagement orchestration. The recognition supports NiCE’s positioning in intelligent customer-experience software. Concentrix and Currys Win NiCE CX Award
• Neutral Sentiment: Analyst commentary remains relatively favorable, with reported price targets implying substantial potential upside. However, target prices and valuation screens are forward-looking and may not offset concerns about near-term growth.
• Negative Sentiment: Third-quarter EPS guidance of $2.73-$2.83 is above the $2.68 consensus, but revenue guidance of $780 million-$790 million falls short of the $795.3 million estimate. This revenue shortfall likely contributed to the stock’s decline.
• Negative Sentiment: Quarterly EPS declined from $3.01 in the prior-year period despite revenue growth, raising concerns about earnings momentum and profitability.

Analyst Ratings Changes

Several research firms recently issued reports on NICE. DA Davidson raised NiCE from a “neutral” rating to a “buy” rating and set a $110.00 price objective on the stock in a research report on Thursday, June 18th. Citigroup restated a “market outperform” rating on shares of NiCE in a research note on Thursday, June 11th. Citizens Jmp lowered their price target on NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a report on Thursday, May 7th. Rosenblatt Securities reaffirmed a “buy” rating and set a $155.00 price objective on shares of NiCE in a research report on Wednesday, June 10th. Finally, Wedbush decreased their target price on NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Eight analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $131.17.

NiCE Stock Performance

The stock has a market capitalization of $5.65 billion, a P/E ratio of 11.46, a PEG ratio of 1.04 and a beta of 0.74. The firm has a fifty day moving average price of $93.92 and a two-hundred day moving average price of $103.20.

NiCE (NASDAQ:NICE) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $2.70 EPS for the quarter, beating analysts’ consensus estimates of $2.63 by $0.07. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The company had revenue of $782.29 million during the quarter, compared to analysts’ expectations of $766.27 million. During the same quarter in the prior year, the business earned $3.01 earnings per share. 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. On average, research analysts anticipate that NiCE will post 9.08 earnings per share for the current fiscal year.

Institutional Trading of NiCE

Large investors have recently added to or reduced their stakes in the business. Chemistry Wealth Management LLC increased its holdings in NiCE by 20.3% during the second quarter. Chemistry Wealth Management LLC now owns 7,900 shares of the technology company’s stock valued at $718,000 after buying an additional 1,332 shares during the last quarter. 180 Wealth Advisors LLC boosted its stake in shares of NiCE by 35.1% during the 2nd quarter. 180 Wealth Advisors LLC now owns 4,813 shares of the technology company’s stock worth $437,000 after acquiring an additional 1,250 shares during the last quarter. Kopion Asset Management LLC grew its position in shares of NiCE by 27.2% during the 2nd quarter. Kopion Asset Management LLC now owns 146,272 shares of the technology company’s stock valued at $13,289,000 after acquiring an additional 31,246 shares during the period. Miller Global Investments LLC bought a new stake in shares of NiCE during the 2nd quarter valued at $542,000. Finally, Parallel Advisors LLC increased its stake in shares of NiCE by 50.4% in the 1st quarter. Parallel Advisors LLC now owns 2,092 shares of the technology company’s stock worth $231,000 after purchasing an additional 701 shares in the last quarter. 63.34% of the stock is currently owned by institutional investors.

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.