NiCE (NASDAQ:NICE – Get Free Report) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.600-2.700 for the period, compared to the consensus estimate of 2.530. The company issued revenue guidance of $761.0 million-$771.0 million, compared to the consensus revenue estimate of $777.6 million. NiCE also updated its FY 2026 guidance to 10.980-11.180 EPS.
Wall Street Analyst Weigh In
NICE has been the subject of several analyst reports. Jefferies Financial Group reaffirmed a “hold” rating on shares of NiCE in a report on Thursday, February 19th. Wedbush reissued a “neutral” rating and issued a $120.00 price target on shares of NiCE in a research note on Friday, February 20th. Piper Sandler reaffirmed a “neutral” rating and set a $124.00 price objective on shares of NiCE in a research note on Monday, February 23rd. Royal Bank Of Canada decreased their target price on shares of NiCE from $175.00 to $150.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Finally, Zacks Research raised shares of NiCE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 24th. Six equities 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 stock. Based on data from MarketBeat.com, NiCE presently has a consensus rating of “Hold” and an average target price of $144.17.
Read Our Latest Research Report on NICE
NiCE Stock Up 0.7%
NiCE (NASDAQ:NICE – Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The technology company reported $3.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.23 by $0.01. NiCE had a return on equity of 18.26% and a net margin of 20.78%.The firm had revenue of $786.50 million during the quarter, compared to the consensus estimate of $779.95 million. During the same period in the prior year, the business earned $3.02 EPS. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS. Analysts expect that NiCE will post 8.89 EPS for the current fiscal year.
NiCE announced that its board has initiated a share repurchase program on Thursday, February 19th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the technology company to repurchase up to 9.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.
Institutional Investors Weigh In On NiCE
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC purchased a new position in shares of NiCE during the 1st quarter valued at $226,000. Goldman Sachs Group Inc. boosted its position in NiCE by 81.7% during the first quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company’s stock valued at $35,430,000 after purchasing an additional 103,342 shares during the last quarter. Empowered Funds LLC acquired a new stake in NiCE during the first quarter valued at $892,000. Woodline Partners LP grew its stake in NiCE by 18.7% in the first quarter. Woodline Partners LP now owns 20,140 shares of the technology company’s stock valued at $3,105,000 after purchasing an additional 3,178 shares in the last quarter. Finally, Legal & General Group Plc purchased a new position in NiCE in the second quarter valued at about $65,000. Hedge funds and other 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.
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