NiCE (NASDAQ:NICE) Receives Average Recommendation of “Hold” from Brokerages

Shares of NiCE (NASDAQ:NICE) have received a consensus rating of “Hold” from the fourteen analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $151.8333.

Several research firms have commented on NICE. Morgan Stanley set a $148.00 price objective on shares of NiCE in a report on Friday, February 20th. Royal Bank Of Canada reduced their target price on shares of NiCE from $175.00 to $150.00 and set an “outperform” rating for the company in a research note on Friday, February 20th. Zacks Research raised shares of NiCE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 24th. Wedbush restated a “neutral” rating and set a $120.00 price target on shares of NiCE in a research note on Friday, February 20th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of NiCE in a report on Thursday, February 19th.

NiCE Trading Up 1.6%

Shares of NASDAQ NICE opened at $119.39 on Friday. The stock has a fifty day simple moving average of $114.18 and a two-hundred day simple moving average of $121.77. NiCE has a 1-year low of $94.65 and a 1-year high of $180.61. The firm has a market cap of $7.55 billion, a price-to-earnings ratio of 12.35, a price-to-earnings-growth ratio of 1.37 and a beta of 0.95.

NiCE (NASDAQ:NICE) last issued its quarterly earnings results on Thursday, February 19th. The technology company reported $3.24 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.01. The firm had revenue of $786.50 million for the quarter, compared to analysts’ expectations of $779.95 million. NiCE had a return on equity of 18.26% and a net margin of 20.78%.The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Analysts forecast that NiCE will post 9.85 EPS for the current year.

NiCE declared that its Board of Directors has approved a stock repurchase program on Thursday, February 19th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the technology company to buy up to 9.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On NiCE

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vulcan Value Partners LLC grew its stake in NiCE by 15.6% during the fourth quarter. Vulcan Value Partners LLC now owns 870,733 shares of the technology company’s stock valued at $98,404,000 after acquiring an additional 117,417 shares in the last quarter. Corecam Pte. Ltd. lifted its stake in NiCE by 2.0% in the 4th quarter. Corecam Pte. Ltd. now owns 31,200 shares of the technology company’s stock worth $3,527,000 after purchasing an additional 600 shares in the last quarter. MidFirst Bank purchased a new stake in NiCE in the 4th quarter worth approximately $69,000. Corient Private Wealth LLC boosted its holdings in NiCE by 49.8% in the 4th quarter. Corient Private Wealth LLC now owns 15,258 shares of the technology company’s stock valued at $1,705,000 after purchasing an additional 5,070 shares during the period. Finally, Corecam AG bought a new position in NiCE in the 4th quarter valued at $1,809,000. 63.34% of the stock is owned by hedge funds and other institutional investors.

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.