NiCE (NASDAQ:NICE) Given New $170.00 Price Target at Citizens Jmp
by Amy Steele · The Cerbat GemNiCE (NASDAQ:NICE – Get Free Report) had its target price cut by equities researchers at Citizens Jmp from $200.00 to $170.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “market outperform” rating on the technology company’s stock. Citizens Jmp’s target price points to a potential upside of 76.11% from the company’s current price.
Other equities research analysts also recently issued reports about the stock. Rosenblatt Securities reissued a “buy” rating and issued a $155.00 price target on shares of NiCE in a report on Friday, February 20th. Citigroup downgraded shares of NiCE from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $184.00 to $119.00 in a report on Friday, April 10th. Wedbush reissued a “neutral” rating and issued a $120.00 price target on shares of NiCE in a report on Friday, February 20th. Zacks Research raised shares of NiCE from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Finally, Piper Sandler reissued a “neutral” rating and issued a $124.00 price target on shares of NiCE in a report on Monday, February 23rd. Six investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $140.00.
NiCE Price Performance
Shares of NASDAQ NICE traded down $0.32 during trading on Thursday, hitting $96.53. The stock had a trading volume of 626,978 shares, compared to its average volume of 780,060. NiCE has a 12 month low of $94.65 and a 12 month high of $180.61. The company has a market capitalization of $5.83 billion, a PE ratio of 9.97, a PEG ratio of 1.46 and a beta of 0.82. The firm has a fifty day moving average of $111.66 and a two-hundred day moving average of $113.79.
NiCE (NASDAQ:NICE – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.12. The company had revenue of $768.62 million during the quarter, compared to analyst estimates of $760.94 million. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.87 earnings per share. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. On average, equities analysts expect that NiCE will post 8.89 earnings per share for the current fiscal year.
NiCE declared that its Board of Directors has approved a share repurchase plan on Thursday, February 19th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the technology company to purchase up to 9.6% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Manchester Capital Management LLC bought a new position in shares of NiCE in the fourth quarter worth approximately $39,000. V Square Quantitative Management LLC purchased a new position in NiCE during the first quarter valued at $40,000. Tower Research Capital LLC TRC purchased a new position in NiCE during the second quarter valued at $40,000. Richardson Financial Services Inc. lifted its position in NiCE by 65.3% during the third quarter. Richardson Financial Services Inc. now owns 329 shares of the technology company’s stock valued at $48,000 after buying an additional 130 shares during the period. Finally, Legal & General Group Plc purchased a new position in NiCE during the second quarter valued at $65,000. Institutional investors own 63.34% of the company’s stock.
NiCE News Roundup
Here are the key news stories impacting NiCE this week:
- Positive Sentiment: Q1 beat on revenue and EPS; cloud business grew ~14.6% and total revenue was up ~9.8% year‑over‑year — evidence of underlying demand strength. Press Release
- Positive Sentiment: Management raised FY 2026 non‑GAAP EPS guidance to $10.98–$11.18, above consensus, and gave Q2 non‑GAAP EPS guidance of $2.60–$2.70 (also above estimates), which supports full‑year profitability expectations over time. Slide Deck
- Neutral Sentiment: Analyst coverage remains constructive overall (multiple buy/overweight ratings and a median 6‑month target near $150), so longer‑term expectations vary across firms. QuiverQuant Coverage
- Neutral Sentiment: Coverage pieces comparing NICE to peers and discussing valuation are appearing, which could influence longer‑term flows but are not the immediate catalyst. Zacks: NICE vs GTLB
- Negative Sentiment: Margins compressed year‑over‑year (both GAAP and non‑GAAP), and GAAP EPS fell significantly (driven in part by acquisition amortization and integration costs) — raising near‑term profitability concerns. Earnings Call Transcript
- Negative Sentiment: Q2 revenue guidance ($761M–$771M) came in below Street revenue expectations, implying a near‑term deceleration that appears to have driven the immediate negative market reaction. QuiverQuant Analysis
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.