NiCE (NASDAQ:NICE) Stock Has Average Price Target of $132.23 According to Analysts

NiCE (NASDAQ:NICE) has been given a consensus rating of “Moderate Buy” by the fifteen analysts that are covering the firm, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $132.23.

Several brokerages have recently weighed in on NICE. Rosenblatt Securities reissued a “buy” rating and issued a $130.00 price target on shares of NiCE in a research note on Thursday, August 6th. Royal Bank Of Canada raised their price objective on NiCE from $130.00 to $145.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. Oppenheimer raised NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research note on Wednesday, September 30th. Citigroup reaffirmed a “neutral” rating on shares of NiCE in a research note on Thursday, August 6th. Finally, DA Davidson upped their target price on NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, August 6th.

Insider Transactions at NiCE

In other news, VP Udi Dayan sold 500 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $50,000. The trade was a 50.00% decrease in their position. 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 Investors Weigh In On NiCE

Several large investors have recently modified their holdings of the company. Engineers Gate Manager LP lifted its holdings in NiCE by 292.1% in the second quarter. Engineers Gate Manager LP now owns 38,353 shares of the technology company’s stock valued at $3,484,000 after buying an additional 28,571 shares during the period. Sei Investments Co. boosted its position in NiCE by 10.6% during the first quarter. Sei Investments Co. now owns 194,717 shares of the technology company’s stock valued at $21,468,000 after acquiring an additional 18,631 shares during the last quarter. American Capital Management Inc. bought a new stake in NiCE during the second quarter valued at $12,414,000. Principal Financial Group Inc. boosted its position in NiCE by 1,637.6% during the first quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock valued at $504,874,000 after acquiring an additional 4,315,414 shares during the last quarter. Finally, Kopernik Global Investors LLC acquired a new stake in NiCE during the 1st quarter worth about $27,670,000. 63.34% of the stock is currently owned by institutional investors and hedge funds.

NiCE Stock Up 0.2%

Shares of NiCE stock opened at $117.49 on Tuesday. NiCE has a twelve month low of $83.10 and a twelve month high of $138.58. The stock has a market cap of $6.87 billion, a price-to-earnings ratio of 17.10, a P/E/G ratio of 1.27 and a beta of 0.76. The company’s fifty day moving average is $106.18 and its 200 day moving average is $100.68.

NiCE (NASDAQ:NICE) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.07. The business had revenue of $782.29 million during the quarter, compared to the consensus estimate of $766.27 million. NiCE had a return on equity of 15.46% and a net margin of 13.86%. NiCE’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the business 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 analysts anticipate that NiCE will post 8.66 earnings per share for the current fiscal year.

About NiCE

NiCE Ltd., formerly known as NICE-Systems, is an Israeli technology company that provides cloud-based software and artificial intelligence solutions for customer experience and business operations. Its platforms help organizations manage customer interactions across contact centers and digital channels, while supporting employee engagement, workflow automation, analytics and decision-making.

The company’s portfolio includes CXone, a cloud customer experience platform that combines contact center, workforce management, quality management, analytics and automation capabilities.