NiCE (NASDAQ:NICE) Issues Earnings Results

NiCE (NASDAQ:NICE) issued its earnings results on Wednesday. The technology company reported $2.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.07, FiscalAI reports. 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 17.42% and a net margin of 17.57%.The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the company earned $3.01 EPS. NiCE updated its FY 2026 guidance to 11.060-11.260 EPS and its Q3 2026 guidance to 2.730-2.830 EPS.

Here are the key takeaways from NiCE’s conference call:

• Q2 revenue exceeded expectations at $782 million, up 8% year over year, while non-GAAP EPS of $2.70 reached the high end of guidance.
• Cloud and AI momentum remained strong, with cloud revenue up 12.6%, AI ARR up 52%, cloud backlog up 19%, and AI backlog up 72%; the company also reported record AI bookings and major eight-figure enterprise wins, including HMRC.
• NICE reiterated its full-year revenue outlook and raised 2026 EPS guidance to $11.06-$11.26, reflecting expectations for operating margins at the high end of the previously stated 25%-26% range. Management also reaffirmed its medium-term growth targets.
• Management acknowledged a lag between strong AI bookings and revenue recognition as large customers take time to prepare data governance and operating models for production deployments. Cloud net revenue retention was 106%, reflecting the impact of targeted strategic renewals and some customer migration dynamics.
• International revenue was a major growth driver, particularly in EMEIA, while legacy services revenue declined 11% as customers migrate from on-premise deployments to the cloud; stronger-than-expected on-premise demand in some non-CX businesses may create near-term mix and timing variability.

NiCE Price Performance

Shares of NASDAQ:NICE traded down $4.18 during trading on Wednesday, hitting $99.11. 838,553 shares of the company were exchanged, compared to its average volume of 742,956. The firm’s 50 day moving average price is $93.92 and its 200-day moving average price is $103.20. NiCE has a 12-month low of $83.10 and a 12-month high of $156.37. The stock has a market capitalization of $5.79 billion, a P/E ratio of 11.76, a PEG ratio of 1.04 and a beta of 0.74.

Key Stories Impacting NiCE

Here are the key news stories impacting NiCE this week:

• Positive Sentiment: NiCE reported second-quarter revenue of $782.3 million, up 7.6% year over year and above the $766.3 million consensus estimate. Cloud revenue was particularly strong, rising 12.6% to $609.0 million, while adjusted EPS of $2.70 exceeded expectations by $0.07. NiCE Second-Quarter 2026 Results
• Positive Sentiment: Full-year 2026 adjusted EPS guidance of $11.06-$11.26 is above the $10.69 analyst consensus, suggesting management expects earnings to outperform current estimates. Full-year revenue guidance of approximately $3.2 billion is broadly in line with expectations. NiCE Earnings Report
• Positive Sentiment: NiCE’s customer-experience technology received external validation after Concentrix and Currys won the company’s 2026 International CX Excellence Award for using intelligent orchestration and personalized engagement. The award may support NiCE’s brand and enterprise sales efforts, although it does not directly affect near-term financial results. Concentrix and Currys Win NiCE CX Award
• Neutral Sentiment: Analyst-focused Zacks coverage highlighted NiCE’s valuation, positive earnings-estimate revisions and an average price target implying approximately 26% potential upside. These are sentiment indicators rather than new company-specific developments. NiCE Analyst Price Target Coverage
• Negative Sentiment: Third-quarter revenue guidance of $780 million-$790 million is below the $795.3 million consensus estimate, potentially raising concerns about near-term growth momentum. Although EPS guidance of $2.73-$2.83 is above expectations, quarterly earnings were down from $3.01 a year earlier, adding to investor caution.

Wall Street Analyst Weigh In

NICE has been the subject of several analyst reports. Citigroup reiterated a “market outperform” rating on shares of NiCE in a research report on Thursday, June 11th. DA Davidson raised shares of NiCE from a “neutral” rating to a “buy” rating and set a $110.00 target price for the company in a research note on Thursday, June 18th. Weiss Ratings reiterated a “sell (d+)” rating on shares of NiCE in a report on Wednesday, June 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $104.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Finally, Morgan Stanley lowered their target price on NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Eight research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $131.17.

Institutional Trading of NiCE

Institutional investors and hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new position in NiCE during the second quarter worth approximately $40,000. Legal & General Group Plc purchased a new stake in NiCE in the 2nd quarter valued at $65,000. Steward Partners Investment Advisory LLC boosted its stake in NiCE by 14.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 845 shares of the technology company’s stock worth $96,000 after purchasing an additional 106 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of NiCE during the fourth quarter worth about $98,000. Finally, Transamerica Financial Advisors LLC lifted its position in NiCE by 115.6% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 951 shares of the technology company’s stock worth $161,000 after acquiring an additional 510 shares during the period. 63.34% of the stock is owned by hedge funds and other institutional investors.

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.