Royal Bank of Canada Acquires 5,360 Shares of NiCE $NICE

Royal Bank of Canada raised its holdings in shares of NiCE (NASDAQ:NICE) by 3.9% in the first quarter, HoldingsChannel reports. The firm owned 143,789 shares of the technology company’s stock after buying an additional 5,360 shares during the quarter. Royal Bank of Canada’s holdings in NiCE were worth $15,855,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Manchester Capital Management LLC purchased a new position in shares of NiCE during the fourth quarter valued at approximately $39,000. V Square Quantitative Management LLC purchased a new position in NiCE during the 1st quarter valued at $40,000. Tower Research Capital LLC TRC bought a new position in NiCE in the 2nd quarter worth $40,000. Legal & General Group Plc purchased a new stake in shares of NiCE in the 2nd quarter worth about $65,000. Finally, MidFirst Bank bought a new stake in shares of NiCE during the 4th quarter valued at about $69,000. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NiCE Price Performance

Shares of NASDAQ NICE opened at $97.11 on Friday. NiCE has a 1 year low of $83.10 and a 1 year high of $156.37. The firm has a 50-day moving average of $94.21 and a 200 day moving average of $102.98. The stock has a market cap of $5.68 billion, a P/E ratio of 14.14, a price-to-earnings-growth ratio of 1.03 and a beta of 0.74.

NiCE (NASDAQ:NICE) last announced its quarterly earnings data on Wednesday, August 5th. The technology company reported $2.70 earnings per share 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 15.43%. The business had revenue of $782.29 million for the quarter, compared to analysts’ expectations of $766.27 million. During the same quarter in the prior year, the company earned $3.01 earnings per share. The business’s revenue was up 7.7% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. Research analysts expect that NiCE will post 9.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Citigroup reiterated a “neutral” rating on shares of NiCE in a research report on Thursday. Morgan Stanley cut their price objective on NiCE from $148.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Wedbush reduced their target price on NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, June 10th. Rosenblatt Securities restated a “buy” rating and issued a $130.00 target price on shares of NiCE in a research note on Thursday. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $104.00 price target on shares of NiCE in a research report on Wednesday, June 10th. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $129.50.

Key Headlines Impacting NiCE

Here are the key news stories impacting NiCE this week:

• Positive Sentiment: NiCE reported second-quarter revenue of $782.3 million, up approximately 7.6% year over year and above the $766.3 million analyst consensus. Cloud revenue was particularly strong, increasing 12.6% to $609.0 million. Adjusted earnings per share of $2.70 also exceeded estimates of $2.63. NiCE second-quarter 2026 results
• Positive Sentiment: Management raised the quality of its full-year outlook: fiscal 2026 EPS guidance of $11.06-$11.26 is above the $10.69 consensus estimate. The company expects full-year revenue of approximately $3.2 billion, broadly in line with Wall Street expectations. NiCE earnings report
• Positive Sentiment: NiCE is extending its artificial-intelligence customer-experience platform to the AWS European Sovereign Cloud, supporting regulated European markets. The move could expand adoption among customers with strict data-residency and compliance requirements. NiCE AWS European Sovereign Cloud announcement
• Neutral Sentiment: Rosenblatt Securities reaffirmed its “Buy” rating and set a $130 price target, implying substantial upside from recent levels. However, the target is an analyst opinion rather than a new operating development. Rosenblatt NiCE rating
• 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. Although EPS guidance of $2.73-$2.83 exceeds the $2.68 consensus, quarterly EPS declined from $3.01 a year earlier, which may be weighing on the stock despite the earnings beat. NiCE key earnings metrics

About NiCE

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.