Cantor Fitzgerald Issues Negative Outlook for NICE Earnings

NICE Ltd. (NASDAQ:NICE) – Research analysts at Cantor Fitzgerald decreased their FY2025 earnings per share estimates for NICE in a research report issued on Friday, February 21st. Cantor Fitzgerald analyst T. Blakey now expects that the technology company will post earnings of $9.90 per share for the year, down from their previous estimate of $9.96. Cantor Fitzgerald currently has a “Neutral” rating and a $161.00 target price on the stock. The consensus estimate for NICE’s current full-year earnings is $9.85 per share.

NICE has been the topic of several other reports. DA Davidson reduced their price objective on NICE from $300.00 to $225.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. Northland Securities reduced their price objective on NICE from $275.00 to $250.00 and set an “outperform” rating on the stock in a research note on Friday, November 15th. Oppenheimer cut NICE from an “outperform” rating to a “market perform” rating in a research note on Friday, November 15th. StockNews.com cut NICE from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 17th. Finally, Rosenblatt Securities dropped their target price on NICE from $225.00 to $200.00 and set a “buy” rating for the company in a research report on Friday. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, NICE currently has a consensus rating of “Moderate Buy” and a consensus price target of $235.29.

NICE Price Performance

Shares of NASDAQ NICE opened at $155.39 on Monday. The business’s 50 day moving average is $170.08 and its two-hundred day moving average is $173.01. NICE has a 1-year low of $147.38 and a 1-year high of $270.73. The stock has a market capitalization of $9.77 billion, a P/E ratio of 22.99, a PEG ratio of 1.07 and a beta of 1.06.

NICE (NASDAQ:NICE) last issued its earnings results on Thursday, February 20th. The technology company reported $2.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.96 by ($0.71). 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.

Institutional Trading of NICE

Large investors have recently modified their holdings of the company. Bruni J V & Co. Co. purchased a new stake in shares of NICE in the third quarter valued at approximately $22,849,000. Asset Management One Co. Ltd. boosted its holdings in shares of NICE by 13.5% in the third quarter. Asset Management One Co. Ltd. now owns 47,214 shares of the technology company’s stock valued at $8,200,000 after purchasing an additional 5,629 shares during the period. Clear Creek Financial Management LLC boosted its holdings in shares of NICE by 106.5% in the fourth quarter. Clear Creek Financial Management LLC now owns 4,303 shares of the technology company’s stock valued at $731,000 after purchasing an additional 2,219 shares during the period. Kopion Asset Management LLC purchased a new stake in NICE during the fourth quarter worth $7,433,000. Finally, Parnassus Investments LLC lifted its holdings in NICE by 1.5% during the third quarter. Parnassus Investments LLC now owns 517,039 shares of the technology company’s stock worth $89,794,000 after buying an additional 7,635 shares during the period. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NICE Company Profile

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.