NiCE (NASDAQ:NICE – Free Report) had its price target cut by Royal Bank Of Canada from $145.00 to $130.00 in a research report report published on Thursday morning,Benzinga reports. They currently have an outperform rating on the technology company’s stock.
A number of other research firms also recently weighed in on NICE. Rosenblatt Securities reaffirmed a “buy” rating and set a $130.00 price target on shares of NiCE in a research report on Thursday, August 6th. Oppenheimer upgraded NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a report on Wednesday, September 30th. Citigroup restated a “market outperform” rating on shares of NiCE in a research note on Thursday. DA Davidson increased their price objective on NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Citizens Jmp lowered their target price on shares of NiCE from $170.00 to $158.00 and set a “market outperform” rating on the stock in a report on Thursday. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $129.79.
Read Our Latest Stock Analysis on NICE
NiCE Stock Performance
Shares of NASDAQ NICE opened at $96.00 on Thursday. NiCE has a 52-week low of $83.10 and a 52-week high of $136.52. The firm has a 50 day moving average price of $110.90 and a 200 day moving average price of $104.88. The stock has a market cap of $5.61 billion, a P/E ratio of 15.53, a P/E/G ratio of 1.09 and a beta of 0.77.
NiCE (NASDAQ:NICE – Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The technology company reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.06. The company had revenue of $790.70 million for the quarter, compared to analyst estimates of $785.75 million. NiCE had a return on equity of 14.41% and a net margin of 12.01%. NiCE’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm posted $3.18 earnings per share. Analysts predict that NiCE will post 8.60 earnings per share for the current fiscal year.
Institutional Trading of NiCE
Several institutional investors have recently added to or reduced their stakes in NICE. Principal Financial Group Inc. boosted 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 purchasing an additional 4,315,414 shares in the last quarter. Kopernik Global Investors LLC bought a new position in shares of NiCE in the first quarter worth about $27,670,000. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of NiCE by 16.8% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock valued at $113,366,000 after purchasing an additional 148,113 shares during the last quarter. American Capital Management Inc. bought a new position in NiCE in the 2nd quarter valued at approximately $12,414,000. Finally, Hiddenite Capital Partners LP acquired a new stake in NiCE in the third quarter valued at approximately $9,969,000. 63.34% of the stock is currently owned by institutional investors.
NiCE News Roundup
Here are the key news stories impacting NiCE this week:
- Positive Sentiment: Q3 revenue rose 8% to $790.7 million, slightly above estimates, while reported EPS of $2.84 beat the $2.78 consensus. Cloud revenue grew 10.6%, and the company said results exceeded its guidance ranges. NiCE Q3 results
- Positive Sentiment: NiCE is expanding its AI customer-service push in EMEA beyond enterprise pilots, which could support future adoption and growth. EMEA AI expansion
- Neutral Sentiment: NiCE said the Actimize sale process remains ongoing, but provided no update on reports of a possible $2 billion Brookfield deal, leaving the timing and terms uncertain. Actimize sale update
- Negative Sentiment: The company plans to cut about 500 jobs—roughly 5% of its workforce—citing AI-driven productivity gains, including in R&D. The restructuring may improve efficiency, but the scale of the cuts could raise concerns about execution and near-term disruption. Job cuts and AI productivity
- Negative Sentiment: Although both firms maintained positive ratings, Royal Bank of Canada lowered its price target to $130 from $145, and Citizens JMP cut its target to $158 from $170. The reductions temper the otherwise supportive ratings. RBC rating information Citizens JMP rating information
- Negative Sentiment: Despite beating quarterly estimates, EPS was below the year-ago figure, and coverage noted a decline in non-GAAP earnings—signaling that revenue growth has not yet translated into stronger comparable profit. Q3 non-GAAP earnings
About NiCE
NICE Ltd. (NASDAQ: NICE) is a technology company that provides cloud-based software and artificial intelligence solutions for customer experience, employee engagement, and business operations. Its platforms help organizations manage customer interactions across voice, digital, and other communication channels while using analytics and automation to improve service and operational performance.
The company’s portfolio includes NICE CXone, a cloud customer experience platform that supports contact-center operations, workforce management, analytics, and digital engagement.
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