NiCE (NASDAQ:NICE) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Shares of NiCE (NASDAQ:NICE) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $100.78 and traded as high as $116.48. NiCE shares last traded at $112.17, with a volume of 404,505 shares traded.

Analyst Upgrades and Downgrades

NICE has been the topic of a number of research analyst reports. Citigroup restated a “neutral” rating on shares of NiCE in a research report on Thursday, August 6th. Royal Bank Of Canada upped their price target on shares of NiCE from $130.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, September 24th. DA Davidson upped their price target on shares of NiCE from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Rosenblatt Securities reiterated a “buy” rating and issued a $130.00 price target on shares of NiCE in a research note on Thursday, August 6th. Finally, Weiss Ratings upgraded NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, NiCE has a consensus rating of “Moderate Buy” and a consensus price target of $132.23.

NiCE Stock Down 2.4%

The stock has a market capitalization of $6.56 billion, a price-to-earnings ratio of 16.33, a price-to-earnings-growth ratio of 1.22 and a beta of 0.76. The stock has a 50 day moving average price of $107.50 and a 200 day moving average price of $100.78.

NiCE (NASDAQ:NICE) last released its quarterly earnings data on Wednesday, August 5th. The technology company reported $2.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.07. The company 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%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Sell-side analysts forecast that NiCE will post 8.66 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other NiCE news, VP Udi Dayan sold 500 shares of the company’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 completion of the transaction, the vice president directly owned 500 shares in the company, valued at approximately $50,000. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.02% of the stock is owned by insiders.

Hedge Funds Weigh In On NiCE

Several large investors have recently modified their holdings of the business. Principal Financial Group Inc. grew its stake in shares of NiCE by 1,637.6% in the first quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock worth $504,874,000 after purchasing an additional 4,315,414 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in NiCE by 16.8% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock valued at $113,366,000 after purchasing an additional 148,113 shares during the period. Kopernik Global Investors LLC acquired a new stake in NiCE in the first quarter valued at $27,670,000. Sei Investments Co. raised its position in NiCE by 10.6% during the 1st quarter. Sei Investments Co. now owns 194,717 shares of the technology company’s stock worth $21,468,000 after purchasing an additional 18,631 shares during the last quarter. Finally, Bank of America Corp DE raised its position in NiCE by 27.8% during the 1st quarter. Bank of America Corp DE now owns 173,896 shares of the technology company’s stock worth $19,174,000 after purchasing an additional 37,865 shares during the last quarter. Institutional investors own 63.34% of the company’s stock.

NiCE Company Profile

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.