NiCE (NASDAQ:NICE) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS

NiCE (NASDAQ:NICE) announced its earnings results on Wednesday. The technology company reported $2.70 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.07, FiscalAI reports. The company had revenue of $782.29 million for the quarter, compared to analysts’ expectations of $766.27 million. NiCE had a return on equity of 17.42% and a net margin of 17.57%.NiCE’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $3.01 EPS. NiCE updated its FY 2026 guidance to 11.060-11.260 EPS and its Q3 2026 guidance to 2.730-2.830 EPS.

Here are the key takeaways from NiCE’s conference call:

• Q2 revenue exceeded expectations at $782 million, up 8% year over year, while non-GAAP EPS of $2.70 reached the high end of guidance.
• Cloud and AI momentum remained strong, with cloud revenue up 12.6%, AI ARR up 52%, cloud backlog up 19%, and AI backlog up 72%; the company also reported record AI bookings and major eight-figure enterprise wins, including HMRC.
• NICE reiterated its full-year revenue outlook and raised 2026 EPS guidance to $11.06-$11.26, reflecting expectations for operating margins at the high end of the previously stated 25%-26% range. Management also reaffirmed its medium-term growth targets.
• Management acknowledged a lag between strong AI bookings and revenue recognition as large customers take time to prepare data governance and operating models for production deployments. Cloud net revenue retention was 106%, reflecting the impact of targeted strategic renewals and some customer migration dynamics.
• International revenue was a major growth driver, particularly in EMEIA, while legacy services revenue declined 11% as customers migrate from on-premise deployments to the cloud; stronger-than-expected on-premise demand in some non-CX businesses may create near-term mix and timing variability.

NiCE Stock Down 3.8%

NASDAQ:NICE traded down $3.89 during mid-day trading on Wednesday, hitting $99.40. 1,025,829 shares of the stock traded hands, compared to its average volume of 744,081. NiCE has a 52 week low of $83.10 and a 52 week high of $156.37. The stock has a market capitalization of $5.81 billion, a price-to-earnings ratio of 11.83, a PEG ratio of 1.04 and a beta of 0.74. The firm’s 50 day moving average is $93.92 and its two-hundred day moving average is $103.20.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on NICE shares. Cantor Fitzgerald reissued a “neutral” rating and set a $104.00 price target on shares of NiCE in a research note on Wednesday, June 10th. Wedbush reduced their price target on shares of NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 10th. Rosenblatt Securities reiterated a “buy” rating and set a $155.00 price objective on shares of NiCE in a research report on Wednesday, June 10th. Weiss Ratings restated a “sell (d+)” rating on shares of NiCE in a report on Wednesday, June 24th. Finally, Citizens Jmp lowered their price target on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating for the company in a report on Thursday, May 7th. Eight research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, NiCE has an average rating of “Moderate Buy” and a consensus price target of $131.17.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of NICE. Steward Partners Investment Advisory LLC raised its holdings in shares of NiCE by 14.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 845 shares of the technology company’s stock worth $96,000 after buying an additional 106 shares during the period. Qube Research & Technologies Ltd grew its position in NiCE by 1.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 11,276 shares of the technology company’s stock valued at $1,633,000 after acquiring an additional 142 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in NiCE in the 2nd quarter valued at $40,000. Merit Financial Group LLC increased its stake in NiCE by 16.3% in the third quarter. Merit Financial Group LLC now owns 1,923 shares of the technology company’s stock worth $278,000 after purchasing an additional 269 shares during the period. Finally, Cerity Partners LLC increased its stake in NiCE by 2.9% in the fourth quarter. Cerity Partners LLC now owns 13,179 shares of the technology company’s stock worth $1,490,000 after purchasing an additional 367 shares during the period. Hedge funds and other institutional investors own 63.34% of the company’s stock.

Key Stories Impacting NiCE

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. Cloud revenue was particularly strong, rising 12.6% to $609.0 million, while adjusted EPS of $2.70 exceeded expectations by $0.07. NiCE Second-Quarter 2026 Results
• Positive Sentiment: Full-year 2026 adjusted EPS guidance of $11.06-$11.26 is above the $10.69 analyst consensus, suggesting management expects earnings to outperform current estimates. Full-year revenue guidance of approximately $3.2 billion is broadly in line with expectations. NiCE Earnings Report
• Positive Sentiment: NiCE’s customer-experience technology received external validation after Concentrix and Currys won the company’s 2026 International CX Excellence Award for using intelligent orchestration and personalized engagement. The award may support NiCE’s brand and enterprise sales efforts, although it does not directly affect near-term financial results. Concentrix and Currys Win NiCE CX Award
• Neutral Sentiment: Analyst-focused Zacks coverage highlighted NiCE’s valuation, positive earnings-estimate revisions and an average price target implying approximately 26% potential upside. These are sentiment indicators rather than new company-specific developments. NiCE Analyst Price Target Coverage
• Negative Sentiment: Third-quarter revenue guidance of $780 million-$790 million is below the $795.3 million consensus estimate, potentially raising concerns about near-term growth momentum. Although EPS guidance of $2.73-$2.83 is above expectations, quarterly earnings were down from $3.01 a year earlier, adding to investor caution.

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.