Royal Bank of Canada grew its holdings in shares of NiCE (NASDAQ:NICE – Free Report) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 143,789 shares of the technology company’s stock after acquiring an additional 5,360 shares during the quarter. Royal Bank of Canada owned about 0.24% of NiCE worth $15,855,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of NICE. Principal Financial Group Inc. lifted its position in NiCE by 1,637.6% during the first quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock valued at $504,874,000 after purchasing an additional 4,315,414 shares during the last quarter. RPD Fund Management LLC purchased a new stake in shares of NiCE during the 4th quarter valued at $100,154,000. Brandes Investment Partners LP purchased a new stake in shares of NiCE during the 4th quarter valued at $79,944,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of NiCE during the 3rd quarter worth $88,599,000. Finally, Kopernik Global Investors LLC purchased a new position in NiCE in the first quarter worth $27,670,000. Hedge funds and other institutional investors own 63.34% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have weighed in on NICE shares. 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. Wedbush reduced their price objective on NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 10th. Citigroup reissued a “neutral” rating on shares of NiCE in a report on Thursday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $130.00 target price on shares of NiCE in a research note on Wednesday, June 10th. Finally, DA Davidson increased their price target on shares of NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $129.50.
NiCE Price Performance
Shares of NICE stock opened at $97.11 on Friday. The business has a 50-day moving average of $94.21 and a 200 day moving average of $102.98. NiCE has a 1-year low of $83.10 and a 1-year high of $156.37. The stock has a market capitalization of $5.68 billion, a PE ratio of 14.14, a P/E/G ratio of 1.03 and a beta of 0.74.
NiCE (NASDAQ:NICE – Get Free Report) last announced its quarterly 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. The business had revenue of $782.29 million for the quarter, compared to analysts’ expectations of $766.27 million. NiCE had a return on equity of 15.43% and a net margin of 13.86%.The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm earned $3.01 EPS. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. Analysts anticipate that NiCE will post 9.08 EPS for the current year.
Trending Headlines about 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
NiCE 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.
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