FY2025 EPS Estimates for NICE Lowered by Cantor Fitzgerald

NICE Ltd. (NASDAQ:NICE) – Analysts at Cantor Fitzgerald cut their FY2025 earnings per share estimates for shares of NICE in a research note issued on Friday, February 21st. Cantor Fitzgerald analyst T. Blakey now anticipates that the technology company will earn $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 (NASDAQ:NICE) last announced 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.

Other research analysts have also issued research reports about the company. Jefferies Financial Group reaffirmed a “hold” rating and set a $200.00 price objective (down previously from $215.00) on shares of NICE in a research report on Thursday, December 19th. DA Davidson reduced their price objective on NICE from $300.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Northland Securities reduced their price objective on NICE from $275.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday, November 15th. Rosenblatt Securities reduced their price objective on NICE from $225.00 to $200.00 and set a “buy” rating for the company in a research report on Friday. Finally, Oppenheimer lowered NICE from an “outperform” rating to a “market perform” rating in a report on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, NICE currently has an average rating of “Moderate Buy” and an average price target of $235.29.

NICE Stock Up 1.2 %

NICE stock opened at $155.39 on Monday. NICE has a twelve month low of $147.38 and a twelve month high of $270.73. The firm has a market cap of $9.77 billion, a PE ratio of 22.99, a price-to-earnings-growth ratio of 1.07 and a beta of 1.06. The business has a 50 day moving average of $170.08 and a 200 day moving average of $173.01.

Hedge Funds Weigh In On NICE

A number of institutional investors and hedge funds have recently modified their holdings of NICE. Avion Wealth purchased a new position in NICE during the fourth quarter valued at $25,000. Tradewinds Capital Management LLC purchased a new position in NICE during the fourth quarter valued at $25,000. Anchor Investment Management LLC lifted its position in NICE by 200.0% during the fourth quarter. Anchor Investment Management LLC now owns 150 shares of the technology company’s stock valued at $25,000 after purchasing an additional 100 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in NICE by 208.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Finally, McIlrath & Eck LLC lifted its position in NICE by 56.9% during the fourth quarter. McIlrath & Eck LLC now owns 160 shares of the technology company’s stock valued at $27,000 after purchasing an additional 58 shares in the last quarter. 63.34% of the stock is currently owned by hedge funds and other institutional investors.

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.