NiCE (NASDAQ:NICE) Stock Has Consensus Target Price of $132.23 According to Brokerages

Shares of NiCE (NASDAQ:NICE) have earned an average recommendation of “Moderate Buy” from the fifteen brokerages that are presently covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $132.23.

NICE has been the subject of several research reports. Rosenblatt Securities reissued a “buy” rating and set a $130.00 price objective on shares of NiCE in a research note on Thursday, August 6th. Oppenheimer raised NiCE from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a report on Wednesday, September 30th. DA Davidson increased their price target on NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Weiss Ratings raised NiCE from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd. Finally, Royal Bank Of Canada boosted their price objective on NiCE from $130.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, September 24th.

Insider Activity at NiCE

In other news, VP Udi Dayan sold 500 shares of NiCE 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 directly owned 500 shares of the company’s stock, valued at $50,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.02% of the stock is currently owned by insiders.

Institutional Investors Weigh In On NiCE

Several hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in NiCE by 105.3% in the 3rd quarter. GAMMA Investing LLC now owns 1,008 shares of the technology company’s stock worth $112,000 after purchasing an additional 517 shares during the period. Farther Finance Advisors LLC raised its stake in NiCE by 36.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 928 shares of the technology company’s stock valued at $103,000 after purchasing an additional 247 shares during the period. Plan A Wealth LLC lifted its holdings in shares of NiCE by 26.8% in the third quarter. Plan A Wealth LLC now owns 2,914 shares of the technology company’s stock valued at $324,000 after purchasing an additional 615 shares in the last quarter. Engineers Gate Manager LP lifted its holdings in shares of 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 purchasing an additional 28,571 shares in the last quarter. Finally, Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in shares of NiCE in the second quarter worth $5,822,000. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NiCE Trading Up 0.8%

NASDAQ:NICE opened at $117.31 on Tuesday. NiCE has a twelve month low of $83.10 and a twelve month high of $140.18. The company has a 50-day moving average of $105.80 and a 200-day moving average of $100.56. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 17.08, a price-to-earnings-growth ratio of 1.26 and a beta of 0.76.

NiCE (NASDAQ:NICE) last released its earnings results on Wednesday, August 5th. The technology company reported $2.70 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.07. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The business had revenue of $782.29 million for the quarter, compared to the consensus estimate of $766.27 million. During the same period in the previous year, the firm earned $3.01 EPS. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. On average, research analysts forecast that NiCE will post 8.66 earnings per share for the current year.

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.