Cantor Fitzgerald Forecasts NICE FY2025 Earnings

NICE Ltd. (NASDAQ:NICE) – Equities researchers at Cantor Fitzgerald issued their FY2025 earnings estimates for NICE in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey anticipates that the technology company will post earnings per share of $9.96 for the year. Cantor Fitzgerald has a “Hold” rating and a $176.00 price objective on the stock. The consensus estimate for NICE’s current full-year earnings is $8.82 per share.

Other analysts have also recently issued research reports about the stock. Royal Bank of Canada reissued an “outperform” rating and set a $260.00 price objective on shares of NICE in a report on Friday, November 15th. Citigroup raised their price objective on shares of NICE from $330.00 to $334.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Northland Securities cut their target price on shares of NICE from $275.00 to $250.00 and set an “outperform” rating on the stock in a report on Friday, November 15th. StockNews.com raised shares of NICE from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Finally, DA Davidson cut their target price on shares of NICE from $300.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Four investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $253.93.

NICE Trading Down 0.3 %

NICE stock opened at $164.98 on Wednesday. NICE has a twelve month low of $151.52 and a twelve month high of $270.73. The company’s 50 day moving average is $175.69 and its two-hundred day moving average is $174.17. The stock has a market cap of $10.37 billion, a P/E ratio of 25.54, a PEG ratio of 1.14 and a beta of 1.06.

Institutional Investors Weigh In On NICE

Several institutional investors and hedge funds have recently made changes to their positions in the business. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of NICE by 21.6% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,575,645 shares of the technology company’s stock worth $273,642,000 after buying an additional 279,375 shares in the last quarter. Vulcan Value Partners LLC lifted its holdings in NICE by 49.7% in the 2nd quarter. Vulcan Value Partners LLC now owns 1,188,371 shares of the technology company’s stock valued at $204,168,000 after purchasing an additional 394,715 shares in the last quarter. CCLA Investment Management lifted its holdings in NICE by 14.1% in the 4th quarter. CCLA Investment Management now owns 704,494 shares of the technology company’s stock valued at $119,517,000 after purchasing an additional 87,003 shares in the last quarter. American Capital Management Inc. lifted its holdings in NICE by 1.4% in the 3rd quarter. American Capital Management Inc. now owns 540,311 shares of the technology company’s stock valued at $93,836,000 after purchasing an additional 7,303 shares in the last quarter. Finally, Parnassus Investments LLC lifted its holdings in NICE by 1.5% in the 3rd quarter. Parnassus Investments LLC now owns 517,039 shares of the technology company’s stock valued at $89,794,000 after purchasing an additional 7,635 shares in the last quarter. 63.34% of the stock is currently owned by hedge funds and other institutional investors.

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.