NiCE (NASDAQ:NICE – Get Free Report) has been given a consensus rating of “Moderate Buy” by the fifteen analysts that are currently covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $132.23.
Several brokerages have weighed in on NICE. Oppenheimer raised NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a report on Wednesday, September 30th. Weiss Ratings upgraded NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. Rosenblatt Securities restated a “buy” rating and issued a $130.00 price target on shares of NiCE in a research report on Thursday, August 6th. Royal Bank Of Canada boosted their price target on NiCE from $130.00 to $145.00 and gave the company an “outperform” rating in a research note on Thursday, September 24th. Finally, Citigroup reaffirmed a “neutral” rating on shares of NiCE in a research report on Thursday, August 6th.
View Our Latest Analysis on NiCE
NiCE Stock Down 2.1%
NiCE (NASDAQ:NICE – Get Free Report) last announced its earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share (EPS) for the quarter, topping 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 firm 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. The business’s revenue 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, sell-side analysts anticipate that NiCE will post 8.66 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, VP Udi Dayan sold 500 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $100.00, for a total value of $50,000.00. Following the completion of the transaction, the vice president directly owned 500 shares in the company, valued at approximately $50,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.02% of the stock is currently owned by corporate insiders.
Institutional Trading of NiCE
Several large investors have recently made changes to their positions in the company. Kopion Asset Management LLC boosted its stake in NiCE by 4.3% in the third quarter. Kopion Asset Management LLC now owns 152,509 shares of the technology company’s stock valued at $16,970,000 after buying an additional 6,237 shares in the last quarter. Legacy Wealth Asset Management LLC increased its holdings in NiCE by 178.4% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 10,568 shares of the technology company’s stock worth $1,176,000 after purchasing an additional 6,772 shares in the last quarter. GAMMA Investing LLC raised its holdings in NiCE by 105.3% in the 3rd quarter. GAMMA Investing LLC now owns 1,008 shares of the technology company’s stock valued at $112,000 after buying an additional 517 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of NiCE by 36.3% during the third quarter. Farther Finance Advisors LLC now owns 928 shares of the technology company’s stock valued at $103,000 after acquiring an additional 247 shares during the last quarter. Finally, Plan A Wealth LLC raised its position in NiCE by 26.8% during the 3rd quarter. Plan A Wealth LLC now owns 2,914 shares of the technology company’s stock worth $324,000 after purchasing an additional 615 shares during the last quarter. Institutional investors and hedge funds own 63.34% of the company’s stock.
About NiCE
NiCE Ltd., formerly known as NICE-Systems, is an Israeli technology company that provides cloud-based software and artificial intelligence solutions for customer experience and business operations. Its platforms help organizations manage customer interactions across contact centers and digital channels, while supporting employee engagement, workflow automation, analytics and decision-making.
The company’s portfolio includes CXone, a cloud customer experience platform that combines contact center, workforce management, quality management, analytics and automation capabilities.
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