NiCE (NASDAQ:NICE) Earns “Neutral” Rating from Cantor Fitzgerald

NiCE (NASDAQ:NICE)‘s stock had its “neutral” rating reaffirmed by stock analysts at Cantor Fitzgerald in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $104.00 price objective on the technology company’s stock. Cantor Fitzgerald’s price objective suggests a potential upside of 17.35% from the stock’s previous close.

Several other research firms have also recently commented on NICE. Morgan Stanley cut their price objective on shares of NiCE from $148.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Citigroup dropped their target price on shares of NiCE from $119.00 to $100.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. Citizens Jmp lowered their price target on NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a research report on Thursday, May 7th. Jefferies Financial Group restated a “hold” rating on shares of NiCE in a research note on Thursday, February 19th. Finally, Royal Bank Of Canada cut their price objective on NiCE from $150.00 to $130.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, NiCE presently has an average rating of “Hold” and an average price target of $134.50.

NiCE Price Performance

NASDAQ:NICE opened at $88.62 on Wednesday. NiCE has a fifty-two week low of $84.38 and a fifty-two week high of $180.61. The stock has a market capitalization of $5.36 billion, a PE ratio of 10.51, a price-to-earnings-growth ratio of 0.95 and a beta of 0.78. The business’s 50-day simple moving average is $99.50 and its 200-day simple moving average is $107.69.

NiCE (NASDAQ:NICE) last posted its earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.52 by $0.12. The business had revenue of $768.62 million during the quarter, compared to analysts’ expectations of $760.94 million. NiCE had a return on equity of 17.42% and a net margin of 17.57%.NiCE’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.87 EPS. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. On average, research analysts expect that NiCE will post 9.08 earnings per share for the current year.

NiCE declared that its board has authorized a stock buyback plan on Thursday, February 19th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 9.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Hedge Funds Weigh In On NiCE

Several 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 in the second quarter valued at about $40,000. Manchester Capital Management LLC acquired a new stake in NiCE during the fourth quarter worth approximately $39,000. V Square Quantitative Management LLC bought a new stake in NiCE in the first quarter worth approximately $40,000. Legal & General Group Plc acquired a new position in NiCE in the second quarter valued at approximately $65,000. Finally, Western Wealth Management LLC bought a new position in shares of NiCE during the 1st quarter worth approximately $44,000. Institutional investors and hedge funds own 63.34% of the company’s stock.

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.