NICE (NASDAQ:NICE) Issues Earnings Results

NICE (NASDAQ:NICE) posted its quarterly earnings data on Thursday. The technology company reported $2.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.96 by ($0.71), Zacks reports. NICE had a return on equity of 16.17% and a net margin of 16.18%. The firm had revenue of $721.60 million during the quarter, compared to the consensus estimate of $718.47 million. NICE updated its FY 2025 guidance to 12.130-12.330 EPS and its Q1 2025 guidance to 2.780-2.880 EPS.

NICE Stock Up 1.2 %

NICE opened at $155.39 on Friday. The business has a 50 day moving average price of $170.08 and a two-hundred day moving average price of $172.91. The company has a market cap of $9.77 billion, a PE ratio of 22.99, a P/E/G ratio of 1.07 and a beta of 1.06. NICE has a 52 week low of $147.38 and a 52 week high of $270.73.

Analysts Set New Price Targets

Several equities research analysts recently commented on NICE shares. Jefferies Financial Group reaffirmed a “hold” rating and set a $200.00 price objective (down from $215.00) on shares of NICE in a research report on Thursday, December 19th. DA Davidson lowered their price objective on NICE from $300.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, November 15th. Northland Securities lowered their price target on NICE from $275.00 to $250.00 and set an “outperform” rating on the stock in a report on Friday, November 15th. Rosenblatt Securities lowered their price target on NICE from $225.00 to $200.00 and set a “buy” rating on the stock in a report on Friday. Finally, Barclays decreased their price objective on NICE from $286.00 to $226.00 and set an “overweight” rating on the stock in a report on Friday. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, NICE currently has a consensus rating of “Moderate Buy” and an average target price of $239.60.

About NICE

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.