NiCE (NASDAQ:NICE) Short Interest Update

NiCE (NASDAQ:NICE) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 4,216,949 shares, an increase of 21.2% from the February 12th total of 3,478,529 shares. Currently, 6.7% of the company’s stock are short sold. Based on an average daily volume of 1,130,527 shares, the days-to-cover ratio is presently 3.7 days. Based on an average daily volume of 1,130,527 shares, the days-to-cover ratio is presently 3.7 days. Currently, 6.7% of the company’s stock are short sold.

Analyst Ratings Changes

NICE has been the subject of a number of analyst reports. DA Davidson lowered their target price on shares of NiCE from $150.00 to $130.00 and set a “neutral” rating for the company in a report on Tuesday, November 18th. Mizuho cut their price objective on shares of NiCE from $185.00 to $150.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 18th. Weiss Ratings restated a “sell (d+)” rating on shares of NiCE in a research note on Monday, December 29th. Barclays decreased their target price on shares of NiCE from $200.00 to $165.00 and set an “overweight” rating for the company in a report on Wednesday, November 19th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of NiCE in a research note on Thursday, February 19th. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $151.83.

Institutional Trading of NiCE

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Lakewood Asset Management LLC boosted its position in NiCE by 478.5% in the 3rd quarter. Lakewood Asset Management LLC now owns 12,791 shares of the technology company’s stock worth $1,852,000 after purchasing an additional 10,580 shares in the last quarter. Truist Financial Corp purchased a new position in shares of NiCE during the 3rd quarter valued at approximately $1,230,000. Mediolanum International Funds Ltd increased its holdings in shares of NiCE by 101.7% during the 3rd quarter. Mediolanum International Funds Ltd now owns 44,940 shares of the technology company’s stock valued at $6,578,000 after purchasing an additional 22,664 shares in the last quarter. Madison Asset Management LLC acquired a new position in shares of NiCE in the 3rd quarter valued at $1,381,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of NiCE by 36.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 336,887 shares of the technology company’s stock valued at $56,904,000 after purchasing an additional 90,054 shares during the period. 63.34% of the stock is owned by institutional investors and hedge funds.

NiCE Trading Up 0.9%

Shares of NASDAQ:NICE opened at $118.87 on Wednesday. NiCE has a twelve month low of $94.65 and a twelve month high of $180.61. The company has a market cap of $7.52 billion, a PE ratio of 12.29, a price-to-earnings-growth ratio of 1.38 and a beta of 0.95. The company’s 50 day moving average is $114.14 and its 200 day moving average is $121.82.

NiCE (NASDAQ:NICE) last announced its quarterly earnings data on Thursday, February 19th. The technology company reported $3.24 EPS for the quarter, beating the consensus estimate of $3.23 by $0.01. The business had revenue of $786.50 million during the quarter, compared to analysts’ expectations of $779.95 million. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the previous 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. Equities research analysts predict that NiCE will post 9.85 earnings per share for the current fiscal year.

NiCE declared that its board has authorized a share buyback plan on Thursday, February 19th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes the technology company to buy up to 9.6% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is 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.