NiCE (NASDAQ:NICE) Shares Gap Up on Strong Earnings

NiCE (NASDAQ:NICE) gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $98.50, but opened at $106.39. NiCE shares last traded at $108.40, with a volume of 719,134 shares traded.

The technology company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.01. The company had revenue of $786.50 million for the quarter, compared to the consensus estimate of $779.95 million. NiCE had a return on equity of 17.71% and a net margin of 19.48%.NiCE’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the business earned $3.02 earnings per share. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on NICE. Royal Bank Of Canada dropped their price objective on shares of NiCE from $190.00 to $175.00 and set an “outperform” rating for the company in a research note on Tuesday, November 18th. Morgan Stanley lowered their target price on NiCE from $193.00 to $160.00 and set an “overweight” rating on the stock in a report on Tuesday, November 18th. Wedbush cut NiCE from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $170.00 to $120.00 in a report on Monday, December 8th. Barclays reduced their price objective on NiCE from $200.00 to $165.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 19th. Finally, Citizens Jmp set a $200.00 price objective on NiCE in a research note on Friday, November 14th. Seven analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, NiCE currently has an average rating of “Hold” and a consensus target price of $156.42.

Hedge Funds Weigh In On NiCE

Several institutional investors have recently added to or reduced their stakes in NICE. Corient Private Wealth LLC lifted its position in NiCE by 49.8% during the fourth quarter. Corient Private Wealth LLC now owns 15,258 shares of the technology company’s stock worth $1,705,000 after buying an additional 5,070 shares during the period. Corecam AG purchased a new position in shares of NiCE during the 4th quarter worth about $1,809,000. EP Wealth Advisors LLC purchased a new position in shares of NiCE during the 4th quarter worth about $375,000. XTX Topco Ltd boosted its position in shares of NiCE by 31.9% in the fourth quarter. XTX Topco Ltd now owns 15,051 shares of the technology company’s stock worth $1,701,000 after acquiring an additional 3,641 shares during the last quarter. Finally, Inspire Investing LLC grew its holdings in NiCE by 33.1% in the fourth quarter. Inspire Investing LLC now owns 1,976 shares of the technology company’s stock valued at $223,000 after purchasing an additional 491 shares during the period. 63.34% of the stock is currently owned by institutional investors and hedge funds.

NiCE Stock Up 11.3%

The business’s fifty day moving average is $111.16 and its 200-day moving average is $125.08. The stock has a market capitalization of $6.93 billion, a PE ratio of 12.47, a P/E/G ratio of 1.45 and a beta of 0.96.

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.