Analysts Set NiCE (NASDAQ:NICE) Target Price at $129.50

by · The Cerbat Gem

NiCE (NASDAQ:NICE – Get Free Report) has received an average recommendation of “Hold” from the fourteen analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $129.50.

Several equities research analysts have weighed in on NICE shares. Royal Bank Of Canada restated an “outperform” rating and issued a $130.00 price objective on shares of NiCE in a research report on Wednesday, June 10th. Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a research note on Wednesday, June 24th. DA Davidson raised their price target on shares of NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Wedbush dropped their target price on NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $130.00 price objective on shares of NiCE in a research report on Thursday, August 6th.

Get Our Latest Analysis on NiCE

NiCE Stock Performance

Shares of NiCE stock opened at $98.18 on Friday. The stock has a market capitalization of $5.74 billion, a price-to-earnings ratio of 14.29, a P/E/G ratio of 1.06 and a beta of 0.75. NiCE has a 1-year low of $83.10 and a 1-year high of $153.68. The firm’s 50-day moving average price is $100.49 and its two-hundred day moving average price is $101.62.

NiCE (NASDAQ:NICE – Get Free Report) last posted its earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.07. The company had revenue of $782.29 million during the quarter, compared to analysts’ expectations of $766.27 million. NiCE had a net margin of 13.86% and a return on equity of 15.46%. NiCE’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.01 earnings per share. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. As a group, equities research analysts predict that NiCE will post 8.66 EPS for the current year.

Insider Activity

In other news, VP Udi Dayan sold 500 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $100.00, for a total value of $50,000.00. Following the transaction, the vice president owned 500 shares of the company’s stock, valued at approximately $50,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.02% of the company’s stock.

Institutional Trading of NiCE

Several institutional investors and hedge funds have recently made changes to their positions in NICE. AQR Capital Management LLC bought a new position in shares of NiCE in the 1st quarter worth $226,000. Goldman Sachs Group Inc. grew its position in shares of NiCE by 81.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company’s stock worth $35,430,000 after buying an additional 103,342 shares during the period. Empowered Funds LLC acquired a new position in shares of NiCE during the 1st quarter worth about $892,000. Woodline Partners LP increased its stake in shares of NiCE by 18.7% in the 1st quarter. Woodline Partners LP now owns 20,140 shares of the technology company’s stock valued at $3,105,000 after acquiring an additional 3,178 shares during the last quarter. Finally, Legal & General Group Plc bought a new stake in shares of NiCE in the 2nd quarter valued at about $65,000. Institutional investors own 63.34% of the company’s stock.

About NiCE

(Get Free Report)

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.

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