NiCE (NASDAQ:NICE) Given Average Recommendation of “Hold” by Brokerages

Shares of NiCE (NASDAQ:NICE) have received an average rating of “Hold” from the fourteen analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $129.50.

Several analysts recently issued reports on NICE shares. Rosenblatt Securities reiterated a “buy” rating and set a $130.00 target price on shares of NiCE in a research report on Thursday, August 6th. Weiss Ratings restated a “sell (d+)” rating on shares of NiCE in a research note on Wednesday, June 24th. Wedbush cut their price objective on shares of NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. Citigroup reissued a “neutral” rating on shares of NiCE in a report on Thursday, August 6th. Finally, DA Davidson upped their target price on shares of NiCE from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th.

NiCE Price Performance

Shares of NICE stock opened at $105.26 on Friday. NiCE has a one year low of $83.10 and a one year high of $153.68. The company’s fifty day moving average price is $101.11 and its 200-day moving average price is $101.37. The company has a market capitalization of $6.15 billion, a price-to-earnings ratio of 15.32, a PEG ratio of 1.14 and a beta of 0.75.

NiCE (NASDAQ:NICE) last issued its earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.07. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The company had revenue of $782.29 million during the quarter, compared to the consensus estimate of $766.27 million. During the same quarter in the prior year, the firm posted $3.01 EPS. NiCE’s quarterly 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. Equities research analysts expect that NiCE will post 8.66 earnings per share for the current fiscal year.

Insider Buying and Selling at NiCE

In other news, VP Udi Dayan sold 500 shares of NiCE stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $100.00, for a total value of $50,000.00. Following the sale, the vice president directly owned 500 shares of the company’s stock, valued at approximately $50,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.02% of the stock is currently owned by insiders.

Hedge Funds Weigh In On NiCE

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Saturna Capital Corp raised its holdings in NiCE by 0.8% in the fourth quarter. Saturna Capital Corp now owns 18,892 shares of the technology company’s stock valued at $2,136,000 after acquiring an additional 150 shares in the last quarter. Allworth Financial LP increased its position in shares of NiCE by 24.6% in the 2nd quarter. Allworth Financial LP now owns 871 shares of the technology company’s stock valued at $79,000 after purchasing an additional 172 shares during the last quarter. Frank Rimerman Advisors LLC raised its holdings in shares of NiCE by 7.8% in the 1st quarter. Frank Rimerman Advisors LLC now owns 2,603 shares of the technology company’s stock valued at $287,000 after purchasing an additional 189 shares in the last quarter. Summitry LLC lifted its position in shares of NiCE by 5.6% during the 1st quarter. Summitry LLC now owns 4,081 shares of the technology company’s stock worth $450,000 after purchasing an additional 215 shares during the last quarter. Finally, Plan A Wealth LLC lifted its position in shares of NiCE by 14.2% during the 2nd quarter. Plan A Wealth LLC now owns 2,299 shares of the technology company’s stock worth $209,000 after purchasing an additional 286 shares during the last quarter. 63.34% of the stock is owned by institutional investors.

About NiCE

NICE Ltd. (NASDAQ: NICE) is a technology company that develops cloud-based software and artificial intelligence solutions for customer experience, contact centers and enterprise operations. Its platforms help organizations manage customer interactions across voice, digital and other channels, while providing analytics, workflow automation and workforce engagement tools.

The company’s portfolio includes NICE CXone, a cloud platform for contact center operations, and Enlighten, an artificial intelligence framework designed for customer and employee interactions.