NiCE (NASDAQ:NICE) Receives Consensus Rating of “Hold” from Brokerages
by Tristan Rich · The Markets DailyShares of NiCE (NASDAQ:NICE – Get Free Report) have been assigned a consensus recommendation of “Hold” from the fourteen analysts that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $151.8333.
Several brokerages have recently commented on NICE. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research note on Monday, December 29th. Rosenblatt Securities restated a “buy” rating and set a $155.00 price target on shares of NiCE in a report on Friday, February 20th. Zacks Research raised NiCE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 24th. Wedbush reiterated a “neutral” rating and issued a $120.00 price objective on shares of NiCE in a report on Friday, February 20th. Finally, Morgan Stanley set a $148.00 price objective on NiCE in a research report on Friday, February 20th.
Check Out Our Latest Research Report on NICE
Hedge Funds Weigh In On NiCE
Hedge funds and other institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC purchased a new stake in NiCE in the second quarter worth about $40,000. Richardson Financial Services Inc. grew its holdings in shares of NiCE by 65.3% during the 3rd quarter. Richardson Financial Services Inc. now owns 329 shares of the technology company’s stock worth $48,000 after acquiring an additional 130 shares during the period. Manchester Capital Management LLC purchased a new position in shares of NiCE during the 4th quarter worth approximately $39,000. Legal & General Group Plc bought a new position in shares of NiCE in the 2nd quarter worth approximately $65,000. Finally, UMB Bank n.a. lifted its stake in shares of NiCE by 66.0% in the 3rd quarter. UMB Bank n.a. now owns 478 shares of the technology company’s stock valued at $69,000 after purchasing an additional 190 shares during the period. Hedge funds and other institutional investors own 63.34% of the company’s stock.
NiCE Stock Performance
NASDAQ:NICE opened at $109.98 on Friday. NiCE has a fifty-two week low of $94.65 and a fifty-two week high of $180.61. The firm has a market cap of $6.96 billion, a PE ratio of 11.37, a price-to-earnings-growth ratio of 1.37 and a beta of 0.95. The business has a 50 day moving average price of $114.09 and a 200-day moving average price of $121.03.
NiCE (NASDAQ:NICE – Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The technology company reported $3.24 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.01. The company had revenue of $786.50 million during the quarter, compared to analyst estimates of $779.95 million. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The firm’s revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business posted $3.02 EPS. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS. Research analysts predict that NiCE will post 9.85 EPS for the current year.
NiCE declared that its Board of Directors has approved a stock buyback program on Thursday, February 19th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the technology company to purchase up to 9.6% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.
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.