NiCE (NASDAQ:NICE) Receives Consensus Rating of “Hold” from Brokerages

Shares of NiCE (NASDAQ:NICE) have earned an average rating of “Hold” from the fourteen ratings firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $129.50.

A number of research analysts have recently commented on NICE shares. DA Davidson upped their target price on NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research report on Wednesday, June 24th. Wedbush reduced their target price on NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 10th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $130.00 target price on shares of NiCE in a research note on Wednesday, June 10th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $104.00 target price on shares of NiCE in a research report on Wednesday, June 10th.

Insider Buying and Selling

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

Hedge Funds Weigh In On NiCE

A number of hedge funds have recently added to or reduced their stakes in NICE. Sei Investments Co. lifted its holdings in NiCE by 10.6% during the first quarter. Sei Investments Co. now owns 194,717 shares of the technology company’s stock worth $21,468,000 after buying an additional 18,631 shares during the period. American Capital Management Inc. purchased a new position in shares of NiCE in the 2nd quarter valued at $12,414,000. Principal Financial Group Inc. increased its holdings in shares of NiCE by 1,637.6% in the 1st quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock valued at $504,874,000 after acquiring an additional 4,315,414 shares during the period. Engineers Gate Manager LP raised its position in shares of NiCE by 292.1% in the 2nd quarter. Engineers Gate Manager LP now owns 38,353 shares of the technology company’s stock worth $3,484,000 after acquiring an additional 28,571 shares in the last quarter. Finally, Kopernik Global Investors LLC purchased a new stake in shares of NiCE during the 1st quarter worth $27,670,000. 63.34% of the stock is currently owned by institutional investors.

NiCE Trading Down 2.5%

NiCE stock opened at $103.98 on Friday. The firm has a 50-day moving average price of $100.78 and a 200-day moving average price of $101.52. The firm has a market capitalization of $6.08 billion, a PE ratio of 15.14, a price-to-earnings-growth ratio of 1.16 and a beta of 0.75. NiCE has a 12-month low of $83.10 and a 12-month high of $153.68.

NiCE (NASDAQ:NICE) last released its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 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 during the quarter, compared to analysts’ expectations of $766.27 million. During the same period in the previous year, the company earned $3.01 EPS. The firm’s revenue for the quarter 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. As a group, sell-side analysts predict that NiCE will post 8.66 earnings per share for the current fiscal year.

About NiCE

NICE Ltd. (NASDAQ: NICE) is a technology company that develops cloud-based software and artificial intelligence solutions for customer experience, contact centers and enterprise operations. Its platforms help organizations manage customer interactions across voice, digital and other channels, while providing analytics, workflow automation and workforce engagement tools.

The company’s portfolio includes NICE CXone, a cloud platform for contact center operations, and Enlighten, an artificial intelligence framework designed for customer and employee interactions.