NiCE (NASDAQ:NICE) Releases FY 2025 Earnings Guidance

NiCE (NASDAQ:NICE) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 12.180-12.320 for the period, compared to the consensus EPS estimate of 11.540. The company issued revenue guidance of $2.9 billion-$2.9 billion, compared to the consensus revenue estimate of $2.9 billion.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on NICE shares. Morgan Stanley set a $193.00 price target on NiCE in a research report on Tuesday, October 21st. JMP Securities reaffirmed a “market outperform” rating and set a $300.00 price objective on shares of NiCE in a research note on Tuesday, August 26th. Jefferies Financial Group reiterated a “hold” rating and issued a $152.00 target price on shares of NiCE in a research note on Sunday, October 12th. Rosenblatt Securities reissued a “buy” rating and issued a $190.00 price target on shares of NiCE in a report on Friday, August 15th. Finally, Weiss Ratings raised shares of NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, November 7th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $201.25.

NiCE Price Performance

Shares of NICE opened at $124.26 on Thursday. NiCE has a 1 year low of $122.94 and a 1 year high of $200.65. The stock has a 50 day simple moving average of $137.65 and a two-hundred day simple moving average of $151.24. The firm has a market cap of $7.86 billion, a P/E ratio of 14.85, a P/E/G ratio of 1.16 and a beta of 0.98.

NiCE (NASDAQ:NICE) last announced its quarterly earnings data on Thursday, August 14th. The technology company reported $3.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.02. NiCE had a net margin of 18.92% and a return on equity of 17.43%. The company had revenue of $726.71 million during the quarter, compared to analysts’ expectations of $713.18 million. During the same quarter in the prior year, the company earned $2.64 EPS. The firm’s revenue was up 9.4% on a year-over-year basis. On average, equities analysts anticipate that NiCE will post 9.85 earnings per share for the current year.

Institutional Investors Weigh In On NiCE

A number of hedge funds and other institutional investors have recently modified their holdings of NICE. Alliancebernstein L.P. boosted its holdings in NiCE by 6.6% during the 2nd quarter. Alliancebernstein L.P. now owns 819,140 shares of the technology company’s stock valued at $138,361,000 after acquiring an additional 50,403 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of NiCE by 81.7% during the first quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company’s stock valued at $35,430,000 after purchasing an additional 103,342 shares during the period. CANADA LIFE ASSURANCE Co grew its holdings in shares of NiCE by 1.2% in the second quarter. CANADA LIFE ASSURANCE Co now owns 113,154 shares of the technology company’s stock worth $19,106,000 after purchasing an additional 1,364 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of NiCE by 6.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 65,225 shares of the technology company’s stock worth $11,013,000 after buying an additional 3,792 shares during the period. Finally, First Trust Advisors LP raised its holdings in NiCE by 7.7% during the 3rd quarter. First Trust Advisors LP now owns 60,798 shares of the technology company’s stock valued at $8,802,000 after buying an additional 4,367 shares during the last quarter. Institutional investors own 63.34% of the company’s stock.

About NiCE

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.