NiCE (NASDAQ:NICE) Price Target Raised to $145.00

NiCE (NASDAQ:NICE) had its price target lifted by Royal Bank Of Canada from $130.00 to $145.00 in a research report sent to investors on Thursday, Marketbeat reports. They currently have an outperform rating on the technology company’s stock.

Several other equities analysts have also issued reports on the company. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $104.00 target price on shares of NiCE in a report on Wednesday, June 10th. Rosenblatt Securities reissued a “buy” rating and issued a $130.00 price objective on shares of NiCE in a research report on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research report on Monday, September 21st. Wedbush lowered their target price on NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 10th. Finally, DA Davidson lifted their target price on NiCE from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, NiCE currently has an average rating of “Hold” and a consensus target price of $130.75.

NiCE Trading Down 0.7%

Shares of NASDAQ:NICE opened at $112.81 on Thursday. The stock has a market cap of $6.59 billion, a PE ratio of 16.42, a price-to-earnings-growth ratio of 1.22 and a beta of 0.75. The stock’s fifty day simple moving average is $102.58 and its two-hundred day simple moving average is $101.07. NiCE has a 1-year low of $83.10 and a 1-year high of $149.29.

NiCE (NASDAQ:NICE) last posted its earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.07. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The firm had revenue of $782.29 million during the quarter, compared to analyst estimates of $766.27 million. During the same quarter in the prior year, the business posted $3.01 EPS. The business’s revenue was up 7.7% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. On average, sell-side analysts forecast that NiCE will post 8.66 earnings per share for the current fiscal year.

Insider Buying and Selling

In other NiCE news, VP Udi Dayan sold 500 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $100.00, for a total transaction of $50,000.00. Following the completion of the transaction, the vice president directly owned 500 shares of the company’s stock, valued at approximately $50,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.02% of the company’s stock.

Institutional Trading of NiCE

Hedge funds have recently made changes to their positions in the company. Saturna Capital Corp raised its stake in NiCE by 0.8% in the 4th quarter. Saturna Capital Corp now owns 18,892 shares of the technology company’s stock valued at $2,136,000 after acquiring an additional 150 shares during the period. Allworth Financial LP lifted its holdings in NiCE by 24.6% during the second quarter. Allworth Financial LP now owns 871 shares of the technology company’s stock valued at $79,000 after purchasing an additional 172 shares during the last quarter. Frank Rimerman Advisors LLC boosted its position in NiCE by 7.8% during the first quarter. Frank Rimerman Advisors LLC now owns 2,603 shares of the technology company’s stock worth $287,000 after purchasing an additional 189 shares during the period. Summitry LLC boosted its position in NiCE by 5.6% during the first quarter. Summitry LLC now owns 4,081 shares of the technology company’s stock worth $450,000 after purchasing an additional 215 shares during the period. Finally, Plan A Wealth LLC increased its stake in shares of NiCE by 14.2% in the second quarter. Plan A Wealth LLC now owns 2,299 shares of the technology company’s stock worth $209,000 after purchasing an additional 286 shares in the last quarter. 63.34% of the stock is currently owned by institutional investors.

NiCE Company Profile

NICE Ltd. (NASDAQ: NICE) is a technology company that develops cloud-based software and artificial intelligence solutions for customer experience, contact centers and enterprise operations. Its platforms help organizations manage customer interactions across voice, digital and other channels, while providing analytics, workflow automation and workforce engagement tools.

The company’s portfolio includes NICE CXone, a cloud platform for contact center operations, and Enlighten, an artificial intelligence framework designed for customer and employee interactions.