NiCE (NASDAQ:NICE) Shares Down 4.9% – What’s Next?

NiCE (NASDAQ:NICE)’s share price was down 4.9% on Tuesday . The stock traded as low as $95.81 and last traded at $96.3550. 143,132 shares traded hands during trading, a decline of 81% from the average session volume of 739,909 shares. The stock had previously closed at $101.34.

Analyst Ratings Changes

NICE has been the subject of several recent analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a research note on Wednesday, June 24th. Cantor Fitzgerald restated a “neutral” rating and set a $104.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. DA Davidson raised shares of NiCE from a “neutral” rating to a “buy” rating and set a $110.00 price objective for the company in a report on Thursday, June 18th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $130.00 target price on shares of NiCE in a research report on Wednesday, June 10th. Finally, Citizens Jmp lowered their target price on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a research note on Thursday, May 7th. Eight equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $131.17.

NiCE Stock Performance

The business has a 50 day simple moving average of $93.05 and a 200-day simple moving average of $104.36. The stock has a market capitalization of $5.17 billion, a P/E ratio of 10.50, a price-to-earnings-growth ratio of 0.97 and a beta of 0.77.

NiCE (NASDAQ:NICE) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.12. The company had revenue of $768.62 million for the quarter, compared to analysts’ expectations of $760.94 million. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the firm earned $2.87 EPS. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. Equities research analysts forecast that NiCE will post 9.08 EPS for the current fiscal year.

Institutional Investors Weigh In On NiCE

Several hedge funds and other institutional investors have recently bought and sold shares of NICE. Chemistry Wealth Management LLC lifted its holdings in NiCE by 20.3% in the 2nd quarter. Chemistry Wealth Management LLC now owns 7,900 shares of the technology company’s stock valued at $718,000 after acquiring an additional 1,332 shares during the last quarter. 180 Wealth Advisors LLC grew its stake in shares of NiCE by 35.1% in the 2nd quarter. 180 Wealth Advisors LLC now owns 4,813 shares of the technology company’s stock worth $437,000 after purchasing an additional 1,250 shares during the last quarter. Kopion Asset Management LLC grew its stake in shares of NiCE by 27.2% in the 2nd quarter. Kopion Asset Management LLC now owns 146,272 shares of the technology company’s stock worth $13,289,000 after purchasing an additional 31,246 shares during the last quarter. Miller Global Investments LLC bought a new stake in shares of NiCE in the 2nd quarter worth approximately $542,000. Finally, Parallel Advisors LLC raised its holdings in shares of NiCE by 50.4% in the 1st quarter. Parallel Advisors LLC now owns 2,092 shares of the technology company’s stock worth $231,000 after purchasing an additional 701 shares in the last quarter. 63.34% of the stock is currently owned by institutional investors.

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.