NiCE (NASDAQ:NICE) Price Target Cut to $133.00 by Analysts at Cantor Fitzgerald

NiCE (NASDAQ:NICE) had its price target reduced by Cantor Fitzgerald from $154.00 to $133.00 in a research report sent to investors on Tuesday,Benzinga reports. Cantor Fitzgerald currently has a neutral rating on the technology company’s stock. Cantor Fitzgerald also issued estimates for NiCE’s FY2026 earnings at $11.01 EPS.

NICE has been the subject of several other research reports. DA Davidson set a $150.00 price objective on NiCE in a research report on Friday. Wall Street Zen upgraded shares of NiCE from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. JMP Securities set a $200.00 price target on shares of NiCE in a report on Friday. Citigroup upped their price objective on shares of NiCE from $209.00 to $211.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of NiCE in a report on Thursday, November 13th. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $175.23.

NiCE Trading Down 12.6%

Shares of NASDAQ:NICE opened at $105.65 on Tuesday. The stock’s 50-day moving average price is $136.18 and its 200-day moving average price is $150.26. NiCE has a 12-month low of $104.42 and a 12-month high of $193.52. The stock has a market capitalization of $6.68 billion, a P/E ratio of 12.62, a price-to-earnings-growth ratio of 1.16 and a beta of 0.98.

NiCE (NASDAQ:NICE) last released its earnings results on Thursday, November 13th. The technology company reported $3.18 earnings per share for the quarter, beating analysts’ consensus estimates of $3.17 by $0.01. The company had revenue of $732.00 million during the quarter, compared to analyst estimates of $728.07 million. NiCE had a return on equity of 17.43% and a net margin of 18.92%.NiCE’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.88 EPS. NiCE has set its FY 2025 guidance at 12.180-12.320 EPS. As a group, research analysts predict that NiCE will post 9.85 EPS for the current year.

Institutional Trading of NiCE

A number of hedge funds and other institutional investors have recently modified their holdings of NICE. Barrow Hanley Mewhinney & Strauss LLC lifted its position in NiCE by 2.7% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,768,920 shares of the technology company’s stock valued at $400,884,000 after acquiring an additional 73,083 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of NiCE by 3.7% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,831,690 shares of the technology company’s stock valued at $309,389,000 after purchasing an additional 65,420 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of NiCE by 116.1% during the second quarter. Lazard Asset Management LLC now owns 1,226,920 shares of the technology company’s stock valued at $207,238,000 after purchasing an additional 659,170 shares in the last quarter. Vulcan Value Partners LLC lifted its holdings in shares of NiCE by 9.6% during the first quarter. Vulcan Value Partners LLC now owns 1,046,090 shares of the technology company’s stock valued at $161,340,000 after purchasing an additional 91,929 shares during the last quarter. Finally, Artisan Partners Limited Partnership boosted its position in shares of NiCE by 3.8% in the 3rd quarter. Artisan Partners Limited Partnership now owns 1,029,121 shares of the technology company’s stock worth $148,996,000 after purchasing an additional 37,973 shares in the last quarter. 63.34% of the stock is owned by hedge funds and other institutional investors.

NiCE Company Profile

NiCE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self-service enables organizations to address consumers’ needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer’s request, and connects them using real-time AI-based routing.