NiCE (NASDAQ:NICE) Stock Has Average Target Price of $131.71 According to Brokerages

Shares of NiCE (NASDAQ:NICE) have been assigned an average rating of “Moderate Buy” from the sixteen analysts that are covering the company, MarketBeat reports. Eight equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $131.71.

Several equities analysts have recently weighed in on NICE shares. Citigroup reaffirmed a “neutral” rating on shares of NiCE in a research note on Thursday, August 6th. DA Davidson boosted their price objective on shares of NiCE from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Yorkville Ives initiated coverage on shares of NiCE in a report on Monday, October 5th. They set an “in-line” rating and a $125.00 target price for the company. Oppenheimer raised shares of NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a research report on Wednesday, September 30th. Finally, Weiss Ratings upgraded shares of NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd.

Insider Buying and Selling

In other news, VP Udi Dayan sold 500 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $100.00, for a total transaction of $50,000.00. Following the completion of the transaction, the vice president directly owned 500 shares in the company, valued at $50,000. This represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.02% of the stock is owned by company insiders.

Hedge Funds Weigh In On NiCE

Several hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. boosted its position in NiCE by 1,637.6% during 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 during the last quarter. Kopernik Global Investors LLC bought a new position in NiCE in the first quarter valued at approximately $27,670,000. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of NiCE by 16.8% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock worth $113,366,000 after purchasing an additional 148,113 shares during the last quarter. American Capital Management Inc. acquired a new position in shares of NiCE during the 2nd quarter worth approximately $12,414,000. Finally, Hiddenite Capital Partners LP acquired a new position in shares of NiCE during the 3rd quarter worth approximately $9,969,000. Institutional investors own 63.34% of the company’s stock.

NiCE Price Performance

NICE opened at $99.59 on Friday. The business’s 50-day moving average price is $111.00 and its two-hundred day moving average price is $104.96. NiCE has a 1 year low of $83.10 and a 1 year high of $136.52. The company has a market capitalization of $5.82 billion, a price-to-earnings ratio of 14.50, a P/E/G ratio of 1.16 and a beta of 0.77.

NiCE (NASDAQ:NICE) last posted its quarterly earnings data on Wednesday, November 4th. The technology company reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.06. NiCE had a return on equity of 15.46% and a net margin of 13.86%. The business had revenue of $790.70 million during the quarter, compared to the consensus estimate of $785.75 million. During the same period last year, the company earned $3.18 earnings per share. NiCE’s quarterly revenue was up 8.0% on a year-over-year basis. Sell-side analysts anticipate that NiCE will post 8.60 earnings per share for the current fiscal year.

NiCE News Summary

Here are the key news stories impacting NiCE this week:

• Positive Sentiment: NiCE reported third-quarter revenue of $790.7 million, up 8% year over year, and EPS of $2.84, both above analyst estimates and the company’s guidance ranges. Cloud revenue rose 10.6% to $622.7 million. NiCE Q3 results
• Positive Sentiment: The company is pushing AI customer-service offerings across EMEA beyond enterprise pilot projects, potentially broadening adoption and supporting future growth. NiCE EMEA AI customer-service push
• Neutral Sentiment: NiCE said the sale process for its Actimize business is ongoing but gave no update on reports of a potential $2 billion Brookfield deal. A sale could provide strategic flexibility, but its timing and terms remain uncertain. Actimize sale process update
• Negative Sentiment: Despite beating estimates, reported EPS was below the year-ago $3.18, and coverage highlighted a decline in non-GAAP earnings. That weaker year-over-year earnings trend may have tempered the positive revenue-growth news. NiCE Q3 earnings coverage
• Negative Sentiment: NiCE plans to eliminate about 500 jobs—roughly 5% of its workforce—with its CEO attributing the cuts to AI-driven productivity gains, including in R&D. The move may improve efficiency, but also raises questions about the near-term impact of restructuring. CEO comments on job cuts and AI productivity

About NiCE

NICE Ltd. (NASDAQ: NICE) is a technology company that provides cloud-based software and artificial intelligence solutions for customer experience, employee engagement, and business operations. Its platforms help organizations manage customer interactions across voice, digital, and other communication channels while using analytics and automation to improve service and operational performance.

The company’s portfolio includes NICE CXone, a cloud customer experience platform that supports contact-center operations, workforce management, analytics, and digital engagement.