Track market-moving stories before they get noisy

HOBOKEN, N.J.--(BUSINESS WIRE)-- #AI--NiCE (Nasdaq: NICE) today announced it has been named a Leader in the 2026 Gartner Magic Quadrant for Contact Center as a Service (CCaaS). NiCE was placed furthest of any provider for its Completeness of Vision. The promise of AI has given the contact center a new mandate. As AI agents begin resolving issues end to end, and consumers deploy personal AI agents of their own to interact with brands, enterprises must run AI and human agents together, with the governa.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nice (NICE - Free Report) .

Nice currently has an average brokerage recommendation (ABR) of 2.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 15 brokerage firms. An ABR of 2.00 indicates Buy.

Of the 15 recommendations that derive the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 46.7% and 6.7% of all recommendations.

Brokerage Recommendation Trends for NICE

Check price target & stock forecast for Nice here>>>

The ABR suggests buying Nice, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Is NICE Worth Investing In?In terms of earnings estimate revisions for Nice, the Zacks Consensus Estimate for the current year has declined 0.1% over the past month to $11.18.

Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Nice. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, it could be wise to take the Buy-equivalent ABR for Nice with a grain of salt.

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Nice (NICE - Free Report) closed the most recent trading day at $115.02, moving -2.1% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.06%. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw a decrease of 0.44%.

The software company's stock has climbed by 19.67% in the past month, exceeding the Computer and Technology sector's gain of 4.85% and the S&P 500's gain of 2.36%.

Market participants will be closely following the financial results of Nice in its upcoming release. The company is forecasted to report an EPS of $2.78, showcasing a 12.58% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $786.5 million, up 7.44% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $11.18 per share and a revenue of $3.18 billion, representing changes of -9.11% and +8.07%, respectively, from the prior year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Nice. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.06% downward. Currently, Nice is carrying a Zacks Rank of #4 (Sell).

From a valuation perspective, Nice is currently exchanging hands at a Forward P/E ratio of 10.51. This signifies a discount in comparison to the average Forward P/E of 20.96 for its industry.

It's also important to note that NICE currently trades at a PEG ratio of 0.99. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.21.

The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 94, placing it within the top 39% of over 250 industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Nice (NICE - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Shares of this software company have returned +19.7% over the past month versus the Zacks S&P 500 composite's +1.3% change. The Zacks Internet - Software industry, to which Nice belongs, has gained 9.8% over this period. Now the key question is: Where could the stock be headed in the near term?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Nice is expected to post earnings of $2.78 per share, indicating a change of -12.6% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $11.18 points to a change of -9.1% from the prior year. Over the last 30 days, this estimate has changed -0.1%.

For the next fiscal year, the consensus earnings estimate of $12.75 indicates a change of +14.1% from what Nice is expected to report a year ago. Over the past month, the estimate has remained unchanged.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Nice is rated Zacks Rank #4 (Sell).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For Nice, the consensus sales estimate for the current quarter of $786.5 million indicates a year-over-year change of +7.4%. For the current and next fiscal years, $3.18 billion and $3.48 billion estimates indicate +8.1% and +9.2% changes, respectively.

Last Reported Results and Surprise HistoryNice reported revenues of $782.29 million in the last reported quarter, representing a year-over-year change of +7.6%. EPS of $2.7 for the same period compares with $3.01 a year ago.

Compared to the Zacks Consensus Estimate of $767.17 million, the reported revenues represent a surprise of +1.97%. The EPS surprise was +2.66%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Nice is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nice. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nice (NICE - Free Report) .

Nice currently has an average brokerage recommendation (ABR) of 2.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 15 brokerage firms. An ABR of 2.00 indicates Buy.

Of the 15 recommendations that derive the current ABR, seven are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 46.7% and 6.7% of all recommendations.

Brokerage Recommendation Trends for NICE

Check price target & stock forecast for Nice here>>>

The ABR suggests buying Nice, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.

In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.

With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.

ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.

Is NICE Worth Investing In?Looking at the earnings estimate revisions for Nice, the Zacks Consensus Estimate for the current year has declined 0.1% over the past month to $11.18.

Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Nice. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, it could be wise to take the Buy-equivalent ABR for Nice with a grain of salt.

HOBOKEN, N.J.--(BUSINESS WIRE)--NiCE (Nasdaq: NICE) today announced it has been positioned in the Leaders category in the IDC MarketScape: Worldwide Agentic Contact Center–as-a-Service Platforms 2026 Vendor Assessment (doc #US54117326, August 2026). We believe NiCE's position underscores the strength of its unified CX AI platform, bringing CXone and NiCE Cognigy together to orchestrate every interaction across AI agents, human agents and enterprise workflows. This unified approach enables organ.

NICE Ltd. remains a Buy, with AI-driven growth and a low valuation underpinning the investment thesis. AI and Self-Service ARR surged 52% year-over-year, now 15% of cloud revenue, signaling robust demand and platform relevance. Margin compression persists as NICE invests in AI and expansion, but strong cash flow and buybacks provide downside protection.

On September 28, 2026, NICE Ltd NICE shares fell 3.3% to a current price of $109.09, continuing a downward trend with a 52-week range between $83.10 and $149.29.

GF Value™ verdict: Shares are currently 50.1% undervalued compared to a GF Value™ estimate of $218.55.GF Score™ of 85/100 indicates a strong overall performance.Notable signal: Insider activity shows a net sale of $0.1M over the past 12 months, with no purchasing activity.Is NICE Overvalued or Undervalued?The current price of NICE Ltd at $109.09 presents a significant opportunity for investors, as it is estimated to be 50.1% undervalued according to the GF Value™ of $218.55. This valuation highlights a considerable margin of safety, suggesting that the stock could be a compelling buy for those looking for undervalued opportunities. GF Value™ is a proprietary intrinsic value estimate from GuruFocus, derived from analyzing historical trading multiples, past business growth, and future performance forecasts. With NICE's GF Value™ indicating significant undervaluation, investors might find potential upside in the stock.

However, caution is warranted given the recent price performance trends, including a 25.2% decline over the past year and a YTD decrease of 3.5%. While the GF Valuation label categorizes NICE as significantly undervalued, potential investors should consider the broader market conditions and company performance metrics before making investment decisions.

How Does NICE's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)15.8x37.7x (5-Year Median)Forward P/E8.6xN/ANICE's current P/E ratio of 15.8x is significantly below its 5-year median of 37.7x, indicating that it is trading at a much lower valuation than its historical average. This analysis agrees with the GF Value™ conclusion of being undervalued, suggesting that the stock could have considerable upside potential as it returns to its historical P/E levels.

What Does NICE's GF Score™ Tell Us?The GF Score™ is a comprehensive measure that evaluates a company's financial health and market performance across different dimensions. NICE Ltd's score of 85/100 indicates a robust performance, with particular strengths in profitability and growth. However, its lower valuation and momentum ranks suggest areas for improvement.

MetricRatingGF Score™85Financial Strength7/10Profitability9/10Growth10/10Valuation4/10Momentum2/10NICE's strong profitability and growth scores reflect the company's solid earnings and future potential. However, its lower valuation and momentum ranks indicate that while the company remains fundamentally strong, it is currently facing challenges in market performance. These mixed signals highlight the need for careful analysis and consideration of market factors impacting NICE's stock price.

What Are Gurus and Insiders Doing with NICE?Currently, 8 gurus hold positions in NICE Ltd, with 4 gurus adding to their positions and 7 trimming their holdings in recent quarters. This mixed activity suggests a cautious approach among institutional investors regarding the stock's future performance. The fact that insiders have sold $0.1M of shares without any buying activity could indicate a lack of confidence in the stock's short-term performance, which is crucial information for potential investors.

This guru and insider activity is significant as it provides insights into market sentiment not readily available from other financial analysis sources. The presence of both buying and trimming among gurus reflects a nuanced perspective on NICE's potential, which investors should consider alongside the company's fundamental metrics.

What This Means for InvestorsBased on the GF Value™ assessment, NICE Ltd appears to be significantly undervalued at its current price of $109.09, presenting a potentially attractive opportunity for investors. However, the recent trends in share price, coupled with insider selling and mixed guru activity, suggest a cautious approach may be warranted. For further insights and detailed analysis, please visit the NICE Ltd NICE stock page and explore the GF Value™ page.

Frequently Asked QuestionsWhat is NICE's GF Score™?

NICE's GF Score™ is 85/100, indicating a strong overall performance based on various financial metrics.

Is NICE overvalued or undervalued?

NICE is currently undervalued according to the GF Value™ estimate, which suggests a significant upside potential.

What is NICE's P/E ratio?

The P/E ratio for NICE is 15.8x, which is substantially below its 5-year median of 37.7x, indicating it is trading at a lower valuation compared to its historical performance.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Nice (NICE - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this software company have returned +3.7%, compared to the Zacks S&P 500 composite's +1% change. During this period, the Zacks Internet - Software industry, which Nice falls in, has gained 13.6%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, Nice is expected to post earnings of $2.78 per share, indicating a change of -12.6% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $11.18 points to a change of -9.1% from the prior year. Over the last 30 days, this estimate has remained unchanged.

For the next fiscal year, the consensus earnings estimate of $12.75 indicates a change of +14% from what Nice is expected to report a year ago. Over the past month, the estimate has remained unchanged.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Nice is rated Zacks Rank #4 (Sell).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.

For Nice, the consensus sales estimate for the current quarter of $786.5 million indicates a year-over-year change of +7.4%. For the current and next fiscal years, $3.18 billion and $3.48 billion estimates indicate +8.1% and +9.2% changes, respectively.

Last Reported Results and Surprise HistoryNice reported revenues of $782.29 million in the last reported quarter, representing a year-over-year change of +7.6%. EPS of $2.7 for the same period compares with $3.01 a year ago.

Compared to the Zacks Consensus Estimate of $767.17 million, the reported revenues represent a surprise of +1.97%. The EPS surprise was +2.66%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Nice is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nice. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

HOBOKEN, N.J.--(BUSINESS WIRE)--NiCE (Nasdaq: NICE) today announced that Merlin Entertainments, a world leader in branded entertainment destinations, is leveraging NiCE's industry-leading CX AI platform, CXone, to power AI-driven guest experiences across its global portfolio, including world-renowned brands such as LEGOLAND® Resorts. Merlin operates more than 140 attractions across 24 countries, combining LEGOLAND resorts, Madame Tussauds, and SEA LIFE with regional thrill parks; in 2025 they w.

Nice (NICE - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this software company have returned -4%, compared to the Zacks S&P 500 composite's -0.8% change. During this period, the Zacks Internet - Software industry, which Nice falls in, has gained 1.8%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, Nice is expected to post earnings of $2.78 per share, indicating a change of -12.6% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

The consensus earnings estimate of $11.18 for the current fiscal year indicates a year-over-year change of -9.1%. This estimate has remained unchanged over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $12.75 indicates a change of +14% from what Nice is expected to report a year ago. Over the past month, the estimate has remained unchanged.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Nice.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For Nice, the consensus sales estimate for the current quarter of $786.5 million indicates a year-over-year change of +7.4%. For the current and next fiscal years, $3.18 billion and $3.48 billion estimates indicate +8.1% and +9.2% changes, respectively.

Last Reported Results and Surprise HistoryNice reported revenues of $782.29 million in the last reported quarter, representing a year-over-year change of +7.6%. EPS of $2.7 for the same period compares with $3.01 a year ago.

Compared to the Zacks Consensus Estimate of $767.17 million, the reported revenues represent a surprise of +1.97%. The EPS surprise was +2.66%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Nice is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Nice. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

American Capital Management Inc. bought a new position in shares of NiCE (NASDAQ:NICE – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 136,644 shares of the technology company’s stock, valued at approximately $12,414,000. American Capital Management Inc. owned approximately 0.23% of NiCE as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Tower Research Capital LLC TRC purchased a new stake in NiCE in the 2nd quarter valued at $40,000. Manchester Capital Management LLC purchased a new position in shares of NiCE during the 4th quarter worth $39,000. V Square Quantitative Management LLC acquired a new position in shares of NiCE during the 1st quarter valued at about $40,000. Legal & General Group Plc acquired a new position in shares of NiCE during the 2nd quarter valued at about $65,000. Finally, Western Wealth Management LLC purchased a new stake in shares of NiCE in the first quarter valued at about $44,000. 63.34% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NiCE In related news, VP Udi Yehuda Dayan sold 500 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $100.00, for a total value of $50,000.00. Following the completion of the sale, the vice president owned 500 shares in the company, valued at $50,000. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.02% of the company’s stock.

Analysts Set New Price Targets NICE has been the subject of several analyst reports. Wedbush lowered their price objective on NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, June 10th. Citigroup restated a “neutral” rating on shares of NiCE in a research report on Thursday, August 6th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $130.00 price target on shares of NiCE in a research note on Thursday, August 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of NiCE in a report on Wednesday, June 24th. Finally, Morgan Stanley cut their price objective on NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. Seven 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, the company presently has a consensus rating of “Hold” and an average target price of $129.50. Read Our Latest Research Report on NiCE

NiCE Price Performance NiCE stock opened at $101.10 on Thursday. NiCE has a 1-year low of $83.10 and a 1-year high of $153.68. The stock has a market cap of $5.91 billion, a PE ratio of 14.72, a P/E/G ratio of 1.08 and a beta of 0.74. The stock’s fifty day moving average is $97.01 and its two-hundred day moving average is $101.94.

NiCE (NASDAQ:NICE – Get Free Report) last posted its earnings results on Wednesday, August 5th. The technology company reported $2.70 EPS for the quarter, beating analysts’ consensus estimates of $2.63 by $0.07. The firm had revenue of $782.29 million for the quarter, compared to the consensus estimate of $766.27 million. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The company’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm posted $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. On average, research analysts expect that NiCE will post 8.7 earnings per share for the current fiscal year.

NiCE Profile (Free Report)

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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Bank of America Corp DE raised its holdings in NiCE (NASDAQ:NICE – Free Report) by 27.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 173,896 shares of the technology company’s stock after buying an additional 37,865 shares during the quarter. Bank of America Corp DE owned 0.29% of NiCE worth $19,174,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Manchester Capital Management LLC acquired a new position in NiCE during the 4th quarter worth approximately $39,000. V Square Quantitative Management LLC bought a new position in shares of NiCE during the 1st quarter worth approximately $40,000. Tower Research Capital LLC TRC purchased a new stake in shares of NiCE during the 2nd quarter valued at $40,000. Legal & General Group Plc bought a new stake in NiCE in the second quarter worth about $65,000. Finally, MidFirst Bank bought a new position in shares of NiCE during the 4th quarter valued at approximately $69,000. 63.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In NICE has been the subject of several analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $130.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Wedbush dropped their target price on NiCE from $120.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 10th. DA Davidson raised their price target on NiCE from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Morgan Stanley reduced their price target on NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $104.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $129.50.

Get Our Latest Report on NICE NiCE Trading Up 1.4% Shares of NASDAQ:NICE opened at $100.93 on Thursday. The stock has a market capitalization of $5.90 billion, a P/E ratio of 14.69, a price-to-earnings-growth ratio of 1.07 and a beta of 0.74. The stock’s 50-day moving average price is $95.63 and its 200-day moving average price is $102.26. NiCE has a 12-month low of $83.10 and a 12-month high of $153.68.

NiCE (NASDAQ:NICE – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.07. NiCE had a return on equity of 15.46% and a net margin of 13.86%.The business had revenue of $782.29 million for the quarter, compared to analyst estimates of $766.27 million. During the same period last year, the company earned $3.01 EPS. NiCE’s revenue for the quarter was up 7.7% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. As a group, research analysts predict that NiCE will post 8.7 EPS for the current year.

Insider Activity In other news, VP Udi Yehuda Dayan sold 500 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $100.00, for a total transaction of $50,000.00. Following the transaction, the vice president directly owned 500 shares of the company’s stock, valued at approximately $50,000. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.02% of the stock is owned by insiders.

About NiCE (Free Report)

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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NICE Ltd earns a buy rating, driven by AI-powered growth, global scale, and low leverage despite near-term earnings headwinds. NICE's CXone platform benefits from rising enterprise demand for AI-driven customer engagement, with proven global penetration and Fortune 100 clientele. Revenue diversification and steady 5-year growth differentiate NICE from smaller tech peers, though North American exposure remains a concentration risk.

HOBOKEN, N.J.--(BUSINESS WIRE)--NiCE (Nasdaq: NICE) today announced that Currys plc, the U.K.'s leading omnichannel technology retailer, is improving customer engagement with the NiCE CXone platform. By seamlessly connecting customer interactions across every stage of the journey, from purchase to ownership and support, NiCE has played a role in supporting Currys' double-digit improvements in customer satisfaction and quality. This transformation is helping the retailer deliver more personalize.

Posted by Defense World Staff on Aug 9th, 2026

Cetera Investment Advisers lifted its position in NiCE (NASDAQ:NICE – Free Report) by 121.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,233 shares of the technology company’s  stock after purchasing an additional 11,093 shares during the quarter. Cetera Investment Advisers’ holdings in NiCE were worth $2,231,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC purchased a new stake in shares of NiCE in the 2nd quarter valued at about $40,000. Manchester Capital Management LLC purchased a new position in shares of NiCE during the fourth quarter worth approximately $39,000. V Square Quantitative Management LLC bought a new stake in NiCE in the first quarter worth $40,000. Legal & General Group Plc purchased a new position in NiCE in the 2nd quarter worth approximately $65,000. Finally, MidFirst Bank bought a new stake in NiCE during the 4th quarter valued at $69,000. Institutional investors own 63.34% of the company’s stock.

NiCE  Stock Performance Shares of NiCE stock opened at $101.85 on Friday. NiCE has a one year low of $83.10 and a one year high of $153.68. The stock’s fifty day moving average is $94.39 and its 200 day moving average is $102.98. The stock has a market cap of $5.95 billion, a P/E ratio of 14.83, a P/E/G ratio of 1.05 and a beta of 0.74.

NiCE (NASDAQ:NICE – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.07. NiCE had a net margin of 13.86% and a return on equity of 15.46%. The business had revenue of $782.29 million during the quarter, compared to analyst estimates of $766.27 million. During the same period in the prior year, the business posted $3.01 earnings per share. The company’s revenue was up 7.7% on a year-over-year basis. 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 predict that NiCE will post 9.11 EPS for the current year.

Wall Street Analyst Weigh In Several analysts have commented on NICE shares. DA Davidson lifted their price objective on NiCE from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday. Cantor Fitzgerald restated a “neutral” rating and issued a $104.00 target price on shares of NiCE in a research note on Wednesday, June 10th. Royal Bank Of Canada restated an “outperform” rating and set a $130.00 price target on shares of NiCE in a research report on Wednesday, June 10th. Morgan Stanley reduced their target price on shares of NiCE from $148.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Finally, Citizens Jmp lowered their price target on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating for the company in a research report on Thursday, May 7th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $129.50.

Check Out Our Latest Stock Report on NiCE

NiCE Profile (Free Report)

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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NICE Ltd. (NICE) Q2 2026 Earnings Call August 5, 2026 8:30 AM EDT

Company Participants

Ryan Gilligan - Vice President of Investor Relations
Scott Russell - Chief Executive Officer
Beth Gaspich - Chief Financial Officer

Conference Call Participants

Sitikantha Panigrahi - Mizuho Securities Co., Ltd., Research Division
Rishi Jaluria - RBC Capital Markets, Research Division
Julian Serafini
Ryan Abbott - Piper Sandler & Co., Research Division
Tyler Radke - Citigroup Inc., Research Division
Willow Miller - William Blair & Company L.L.C., Research Division
Patrick Walravens - Citizens JMP Securities, LLC, Research Division
Elizabeth Elliott - Morgan Stanley, Research Division
Catharine Trebnick - Rosenblatt Securities Inc., Research Division

Presentation

Operator

Welcome to the NICE conference call discussing second quarter 2026 results, and thank you all for holding. [Operator Instructions] Following management's formal presentation, instructions will be given for the question-and-answer session. As a reminder, this conference is being recorded August 5, 2026.

I would now like turn this call over to Mr. Ryan Gilligan, Vice President, Investor Relations at NICE. Please go ahead.

Ryan Gilligan
Vice President of Investor Relations

Thank you, operator. With me on today's call are Scott Russell, Chief Executive Officer and Beth Gaspich, Chief Financial Officer.

Before we start, I would like to point out that some of the statements made on this call will constitute forward-looking statements in accordance with the safe harbor provision of the Private Securities Litigation Reform Act of 1995, please be advised that the company's actual results could differ materially from these forward-looking statements. Additional information regarding the factors that could cause actual results or performance of the company to differ materially is contained in the section entitled Risk Factors in Item 3 of the company's 2025 annual report on Form 20-F as filed with the Securities and Exchange Commission on February 26, 2026.

During today's call, we will present a

NEWARK, Calif., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, and its client Currys, the U.K.'s leading omnichannel technology retailer, have won the NiCE 2026 International CX Excellence Award for Excellence in Engagement Orchestration (EMEA), recognizing their success in transforming customer engagement with intelligent orchestration and personalized experiences.

Presented at NiCE World London, the award recognizes organizations redefining customer experience through tech-powered operations, intelligent orchestration, and innovation that delivers measurable business impact.

Concentrix earned the award for helping Currys use NiCE CXone to transform its operations into a modern engagement ecosystem, connecting customer interactions across the entire lifecycle from purchase and delivery to installation, support, repairs, and ongoing ownership. The solution unified engagement across channels, turning nearly six million annual customer interactions into actionable insights with double-digit gains including the company's Net Promoter Score.

"Together with Concentrix and NiCE, we've reimagined how we connect with customers across their entire journey," said Chris Stroud, Director of Customer Management Centre, Currys. "Concentrix helped us turn powerful technology into measurable business outcomes, ongoing innovation, and stronger customer loyalty with a foundation for the future."

"The future of customer experience is being built in real time, as rapidly changing customer expectations redefine how brands engage, resolve issues, and build lasting loyalty," said Chris Caldwell, President & CEO, Concentrix. "We're honored to be recognized by NiCE for our work with Currys. This award reflects what's possible when powerful technology, operational expertise, and a shared commitment to innovation come together to create meaningful outcomes for customers."

The recognition further highlights the growing strategic relationship between Concentrix and NiCE. Concentrix recently achieved Platinum status in NiCE's 360 Partner Program, reflecting the companies' deep experience delivering orchestrated customer experience solutions in complex enterprise and regulated environments.

"Together, NiCE and Concentrix help organizations modernize the ways they engage with customers," said Darren Rushworth, President, NiCE International. "By combining enterprise-grade agentic solutions with deep integration, orchestration, and operational expertise, we're helping businesses create customer experiences that are more connected, more intelligent, and more effective from start to finish."

About Currys
Currys plc is a leading omnichannel retailer of technology products and services, operating online and through 702 stores in 6 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us. In the UK & Ireland we trade as Currys and in the UK we operate our own mobile virtual network, iD Mobile. In the Nordics we trade under the Elkjøp brand. We're the market leader in all markets, able to serve all households and employing more than 25,000 capable and committed colleagues. We help everyone enjoy amazing technology by making it easy for customers to discover, choose, afford and get the most from the right products and services. With our scale, expertise and extensive repair, distribution and support networks, we are uniquely placed to serve millions of customers across our markets. We are also committed to giving technology a longer life through repair, recycling and reuse, while reducing our environmental impact and working toward net zero emissions by 2040. Through energy-efficient products and partnerships with charitable organisations, we help more people benefit from amazing technology.

About NiCE
NiCE (NASDAQ: NICE) is transforming the world with AI that puts people first. Our purpose-built AI-powered platforms automate engagements into proactive, safe, intelligent actions, empowering individuals and organizations to innovate and act, from interaction to resolution. Trusted by organizations throughout 150+ countries worldwide, NiCE's platforms are widely adopted across industries connecting people, systems, and workflows to work smarter at scale, elevating performance across the organization, delivering proven measurable outcomes.

About us: Powering a World That Works
Concentrix (NASDAQ: CNXC), is the Fortune 500® technology and services company, helping the world's best brands create intelligent operations that perform in the real world. We design, build, and run integrated human and AI solutions, harnessing the insight from billions of real-world interactions to help 2000+ of the world's most complex organizations solve their toughest business challenges. Backed by 20+ years of operational experience and battle tested AI, we're the intelligent transformation partner that helps clients across every major industry move from ambition to measurable, scalable performance. Virtually everywhere. Visit concentrix.com to learn more. 

Media Contact:
Marketing & Communications
Concentrix Corporation
[email protected]

From Fortune. ©2026 Fortune Media (USA) Corporation. All rights reserved. Used under license. Fortune and Fortune 500 are registered trademarks of Fortune Media (USA) Corporation and are used under license. Fortune and Fortune Media (USA) Corporation are not affiliated with, and do not endorse products or services of, Concentrix.

Safe Harbor Statement
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding the company's capabilities and positioning to deliver business outcomes and solve challenges for its clients, and statements that include words such as believe, expect, may, will, provide, could and should and other similar expressions. These forward-looking statements are inherently uncertain and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, risks related to the company's ability to successfully execute its strategy, competitive conditions in the company's industry, and other factors contained in the Company's Annual Report on Form 10-K for the fiscal year ended November 30, 2025 filed with the Securities and Exchange Commission and subsequent SEC filings. We do not undertake a duty to update forward-looking statements, which speak only as of the date on which they are made.

Copyright 2026 Concentrix Corporation and its subsidiaries. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product and services names and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries.

HOBOKEN, N.J.--(BUSINESS WIRE)--NiCE (NASDAQ: NICE) today announced results for the second quarter ended June 30, 2026, as compared to the corresponding period of the previous year.

Second Quarter 2026 Financial Highlights*

GAAP

Non-GAAP

Total revenue was $782.3 million and increased 7.6%

Total revenue was $782.3 million and increased 7.6%

Cloud revenue was $609.0 million and increased 12.6%

Cloud revenue was $609.0 million and increased 12.6%

Operating income was $104.0 million with operating margin of 13.3%

Operating income was $198.0 million with operating margin of 25.3%

Diluted EPS was $1.40

Diluted EPS was $2.70

Net cash provided by operating activities was $122.7 million

  *For all periods presented, there were no adjustments to the GAAP revenue, and thus the non-GAAP revenue is equal to the GAAP revenue presented.

“We executed well in the second quarter, delivering revenue above the high-end of our guidance range and reaching the high-end of our non-GAAP EPS range,” said Scott Russell, CEO of NiCE. “Underlying demand trends across our business continued to gain momentum during the second quarter as organizations increasingly consolidate their customer engagement needs on our AI-native CXone platform. This drove a record second quarter for new cloud ACV bookings, including an all-time record quarter for AI bookings with strong momentum at NiCE Cognigy. AI continues to become a more meaningful contributor to our business, with AI ARR reaching $362 million and now representing 15% of our cloud revenue. We are still in the early stages of a much broader AI adoption cycle across our customer base.”

Mr. Russell continued, “Enterprises are moving beyond AI experimentation and increasingly focusing on platforms that quickly deliver measurable outcomes in production environments. By embedding Cognigy natively into CXone, we're combining leading agentic AI with decades of CX expertise and data to deliver better enterprise outcomes. Through this native integration, we are accelerating innovation across our platform, growing partner engagement, and increasing adoption among large enterprises globally. NiCE remains strongly positioned to extend our leadership in CX AI and capture the significant opportunity ahead.”

GAAP Financial Highlights for the Second Quarter Ended June 30:

Revenues:
Second quarter 2026 total revenues increased 7.6% year over year to $782.3 million compared to $726.7 million for the second quarter of 2025.

Gross Profit:
Second quarter 2026 gross profit was $501.0 million compared to $485.1 million for the second quarter of 2025. Second quarter 2026 gross margin was 64.0% compared to 66.8% for the second quarter of 2025.

Operating Income:
Second quarter 2026 operating income was $104.0 million compared to $160.6 million for the second quarter of 2025. Second quarter 2026 operating margin was 13.3% compared to 22.1% for the second quarter of 2025.

Net Income:
Second quarter 2026 net income was $83.2 million compared to $187.4 million for the second quarter of 2025.
Second quarter 2026 net income margin was 10.6% compared to 25.8% for the second quarter of 2025.

Fully Diluted Earnings Per Share:
Fully diluted earnings per share for the second quarter of 2026 was $1.40 compared to $2.96 in the second quarter of 2025.

Cash Flow and Cash Balance:
Second quarter 2026 operating cash flow was $122.7 million. In the second quarter of 2026, $58.0 million was used for share repurchases. As of June 30, 2026, total cash and cash equivalents, and short-term investments were $354.7 million, with no outstanding debt.

Non-GAAP Financial Highlights for the Second Quarter Ended June 30:

Revenues:
Second quarter 2026 non-GAAP total revenues increased 7.6% year over year to $782.3 million compared to $726.7 million for the second quarter of 2025.

Gross Profit:
Second quarter 2026 non-GAAP gross profit was $535.4 million compared to $503.9 million for the second quarter of 2025. Second quarter 2026 non-GAAP gross margin was 68.4% compared to 69.3% for the second quarter of 2025.

Operating Income:
Second quarter 2026 non-GAAP operating income was $198.0 million compared to $219.7 million for the second quarter of 2025. Second quarter 2026 non-GAAP operating margin was 25.3% compared to 30.2% for the second quarter of 2025.

Net Income:
Second quarter 2026 non-GAAP net income was $160.5 million compared to $190.3 million for the second quarter of 2025. Second quarter 2026 non-GAAP net income margin totaled 20.5% compared to 26.2% for the second quarter of 2025.

Fully Diluted Earnings Per Share:
Second quarter 2026 non-GAAP fully diluted earnings per share was $2.70 compared to $3.01 for the second quarter of 2025.

Third Quarter and Full Year 2026 Guidance:

Third-Quarter 2026:
Third-quarter 2026 non-GAAP total revenues are expected to be in a range of $780 million to $790 million, representing 7.2% year over year growth at the midpoint.
Third-quarter 2026 non-GAAP fully diluted earnings per share are expected to be in a range of $2.73 to $2.83.

Full-Year 2026:
Full-year 2026 non-GAAP total revenues are reiterated and expected to be in a range of $3,170 million to $3,190 million, representing 8.0% year over year growth at the midpoint.
We are raising full-year 2026 non-GAAP fully diluted earnings per share which is now expected to be in a range of $11.06 to $11.26.

The above full year 2026 guidance continues to include the expectation of 13%-15% year over year growth in cloud revenue.

Quarterly Results Conference Call

NiCE management will host its earnings conference call today, August 5, 2026, at 8:30 AM ET, 13:30 GMT, 15:30 Israel, to discuss the results and the company's outlook. A live webcast and replay will be available on the Investor Relations page of the Company’s website. To access, please register by clicking here: https://www.nice.com/company/investors/ir-events.

Explanation of Non-GAAP measures
Non-GAAP financial measures are included in this press release. Non-GAAP financial measures consist of GAAP financial measures adjusted to exclude share-based compensation, amortization of acquired intangible assets, acquisition and divestiture related expenses, gains on intercompany foreign currency transactions, amortization of deferred financing costs, amortization of discount on debt, the tax effect of the Non-GAAP adjustments, and the tax rate impact resulting from the non-U.S. intercompany transaction.

The Company believes that these Non-GAAP financial measures, used in conjunction with the corresponding GAAP measures, provide investors with useful supplemental information about the ongoing financial performance of our business. Our management regularly uses our supplemental Non-GAAP financial measures internally to understand, manage and evaluate our business and to make financial, strategic and operating decisions. These Non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Our Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. These Non-GAAP financial measures may differ materially from the Non-GAAP financial measures used by other companies. Reconciliation between results on a GAAP and Non-GAAP basis is provided in a table immediately following the Consolidated Statements of Income. The Company provides guidance only on a Non-GAAP basis. A reconciliation of guidance from a GAAP to Non-GAAP basis is not available due to the unpredictability and uncertainty associated with future events that would be reported in GAAP results and would require adjustments between GAAP and Non-GAAP financial measures, including the impact of future possible business acquisitions. Accordingly, a reconciliation of the guidance based on Non-GAAP financial measures to corresponding GAAP financial measures for future periods is not available without unreasonable effort.

About NiCE
NiCE (NASDAQ: NICE) is transforming the world with AI that puts people first. Our purpose-built AI-powered platforms automate engagements into proactive, safe, intelligent actions, empowering individuals and organizations to innovate and act, from interaction to resolution. Trusted by organizations throughout 150+ countries worldwide, NiCE’s platforms are widely adopted across industries connecting people, systems, and workflows to work smarter at scale, elevating performance across the organization, delivering proven measurable outcomes.

Trademark Note: NiCE and the NiCE logo are trademarks or registered trademarks of NICE. All other marks are trademarks of their respective owners. For a full list of NiCE trademarks, please see: http://www.nice.com/nice-trademarks.

Forward-Looking Statements
This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements may be identified by words such as “believe”, “expect”, “seek”, “may”, “will”, “intend”, “should”, “project”, “anticipate”, “plan”, and similar expressions. Forward-looking statements are based on the current beliefs, expectations and assumptions of the Company’s management regarding the future of the Company’s business, performance, future plans and strategies, projections, anticipated events and trends, the economic environment, and other future conditions. Examples of forward-looking statements include guidance regarding the Company’s revenue and earnings and the growth of our cloud, analytics and artificial intelligence business.

Forward looking statements are inherently subject to significant uncertainties, contingencies, and risks, including, economic, competitive and other factors, which are difficult to predict and many of which are beyond the control of management. The Company cautions that these statements are not guarantees of future performance, and investors should not place undue reliance on them. There are or will be important known and unknown factors and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. These factors, include, but are not limited to, risks associated with changes in economic and business conditions, competition, successful execution of the Company’s growth strategy, success and growth of the Company’s cloud Software-as-a-Service business, difficulties in making additional acquisitions or effectively integrating acquired operations, products, technologies and personnel, the Company’s dependency on third-party cloud computing platform providers, hosting facilities and service partners, rapid changes in technology and market requirements, the implementation of AI capabilities in certain products and services; decline in demand for the Company's products; inability to timely develop and introduce new technologies, products and applications, loss of market share, cyber security attacks or other security incidents, privacy concerns and legislation impacting the Company’s business, changes in currency exchange rates and interest rates, the effects of additional tax liabilities resulting from our global operations, the effect of unexpected events or geo-political conditions, including those arising from political instability or armed conflict that may disrupt our business and the global economy, our ability to recruit and retain qualified personnel, the effect of newly enacted or modified laws, regulation or standards on the Company and our products, and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the “SEC”).

You are encouraged to carefully review the section entitled “Risk Factors” in our latest Annual Report on Form 20-F and our other filings with the SEC for additional information regarding these and other factors and uncertainties that could affect our future performance. The forward-looking statements contained in this press release speak only as of the date hereof, and the Company undertakes no obligation to update or revise them, whether as a result of new information, future developments or otherwise, except as required by law.

  NICE LTD. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands

  June 30,

December 31,

2026

2025

Unaudited

Audited

  ASSETS

  CURRENT ASSETS:

Cash and cash equivalents

$

315,384

$

379,388

Short-term investments

39,306

38,010

Trade receivables

836,588

737,954

Prepaid expenses and other current assets

277,168

223,780

Total current assets

1,468,446

1,379,132

  LONG-TERM ASSETS:

Property and equipment, net

197,616

189,395

Deferred tax assets

173,258

198,213

Other intangible assets, net

515,880

587,599

Operating lease right-of-use assets

81,084

78,064

Goodwill

2,438,776

2,440,532

Prepaid expenses and other long-term assets

246,378

233,095

Total long-term assets

3,652,992

3,726,898

  TOTAL ASSETS

$

5,121,438

$

5,106,030

  LIABILITIES AND SHAREHOLDERS' EQUITY

  CURRENT LIABILITIES:

Trade payables

$

104,095

$

100,782

Deferred revenues and advances from customers

351,756

303,911

Current maturities of operating leases

14,032

13,742

Accrued expenses and other liabilities

635,019

469,192

  Total current liabilities

1,104,902

887,627

  LONG-TERM LIABILITIES:

Deferred revenues and advances from customers

48,547

61,392

Operating leases

74,187

75,059

Deferred tax liabilities

17,595

109,993

Other long-term liabilities

98,202

95,431

  Total long-term liabilities

238,531

341,875

  SHAREHOLDERS' EQUITY

Nice Ltd's equity

3,778,005

3,876,528

  TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

$

5,121,438

$

5,106,030

  NICE LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME

U.S. dollars in thousands (except per share amounts)

  Quarter ended

Year to date

June 30,

June 30,

2026

2025

2026

2025

Unaudited

Unaudited

Unaudited

Unaudited

  Revenue:

Cloud

$

609,049

$

540,822

$

1,212,414

$

1,067,145

Services

124,640

140,480

248,608

280,683

Product

48,604

45,410

89,888

79,076

Total revenue

782,293

726,712

1,550,910

1,426,904

  Cost of revenue:

Cloud

219,629

185,971

439,039

365,445

Services

55,129

48,254

103,399

94,497

Product

6,526

7,376

12,664

13,739

Total cost of revenue

281,284

241,601

555,102

473,681

  Gross profit

501,009

485,111

995,808

953,223

  Operating expenses:

Research and development, net

102,825

89,762

200,301

178,864

Selling and marketing

200,436

169,799

385,542

331,233

General and administrative

93,748

64,958

179,215

134,365

Total operating expenses

397,009

324,519

765,058

644,462

  Operating income

104,000

160,592

230,750

308,761

  Financial and other income, net

(3,606

)

(14,820

)

(22,924

)

(30,670

)

  Income before tax

107,606

175,412

253,674

339,431

Taxes on income

24,379

(11,992

)

123,633

22,737

Net income

$

83,227

$

187,404

$

130,041

$

316,694

    Earnings per share:

Basic

$

1.41

$

3.01

$

2.19

$

5.05

Diluted

$

1.40

$

2.96

$

2.17

$

4.97

  Weighted average shares outstanding:

Basic

58,818

62,160

59,366

62,754

Diluted

59,394

63,210

59,996

63,785

  NICE LTD. AND SUBSIDIARIES

CONSOLIDATED CASH FLOW STATEMENTS

U.S. dollars in thousands

Quarter ended

Year to date

June 30,

June 30,

2026

2025

2026

2025

Unaudited

Unaudited

Unaudited

Unaudited

  Operating Activities

  Net income

$

83,227

$

187,404

$

130,041

$

316,694

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization

62,374

44,612

124,216

88,053

Share-based compensation

52,668

37,310

88,060

80,647

Amortization of premium and discount and accrued interest on marketable securities

(90

)

(2,029

)

(199

)

(4,304

)

Deferred taxes, net

6,456

(3,757

)

(67,605

)

(25,294

)

Changes in operating assets and liabilities:

Trade Receivables, net

(69,242

)

(30,742

)

(99,383

)

(26,064

)

Prepaid expenses and other current assets

3,659

(14,846

)

12,849

13,709

Operating lease right-of-use assets

3,295

2,929

6,255

8,826

Trade payables

2,581

21,884

4,872

(31,407

)

Accrued expenses and other current liabilities

(3,351

)

(158,979

)

92,746

(109,461

)

Deferred revenue

(13,144

)

(19,719

)

36,282

49,855

Operating lease liabilities

(6,398

)

(746

)

(9,841

)

(10,935

)

Amortization of discount on debt

-

428

-

849

Gains on intercompany foreign currency transactions

-

-

(17,835

)

-

Other

622

(2,427

)

1,445

(4,775

)

Net cash provided by operating activities

122,657

61,322

301,903

346,393

  Investing Activities

  Purchase of property and equipment

(7,838

)

(4,579

)

(17,214

)

(8,246

)

Purchase of Investments

(5,399

)

(24,687

)

(21,147

)

(74,141

)

Proceeds from sales of marketable investments

12,691

76,416

19,883

134,774

Capitalization of internal use software costs

(21,703

)

(18,137

)

(42,783

)

(34,903

)

Payments for business acquisitions, net of cash acquired

-

-

-

(36,466

)

Net cash used in investing activities

(22,249

)

29,013

(61,261

)

(18,982

)

  Financing Activities

  Proceeds from employee stock plans

11,533

333

11,590

1,008

Purchase of treasury shares

(57,954

)

(30,839

)

(311,204

)

(283,168

)

Payment of deferred financing costs

(833

)

-

(3,303

)

-

Net cash used in financing activities

(47,254

)

(30,506

)

(302,917

)

(282,160

)

  Effect of exchange rates on cash and cash equivalents

2,308

5,139

(562

)

6,286

  Net change in cash, cash equivalents and restricted cash

55,462

64,968

(62,837

)

51,537

Cash, cash equivalents and restricted cash, beginning of period

$

263,708

$

471,601

$

382,007

$

485,032

  Cash, cash equivalents and restricted cash, end of period

$

319,170

$

536,569

$

319,170

$

536,569

  Reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheet:

Cash and cash equivalents

$

315,384

$

535,050

$

315,384

$

535,050

Restricted cash included in other current assets

$

3,786

$

1,519

$

3,786

$

1,519

Total cash, cash equivalents and restricted cash shown in the statement of cash flows

$

319,170

$

536,569

$

319,170

$

536,569

  NICE LTD. AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP RESULTS

U.S. dollars in thousands (except per share amounts)

  Quarter ended

Year to date

June 30,

June 30,

2026

2025

2026

2025

GAAP revenues

$

782,293

$

726,712

$

1,550,910

$

1,426,904

Non-GAAP revenues

$

782,293

$

726,712

$

1,550,910

$

1,426,904

    GAAP cost of revenue

$

281,284

$

241,601

$

555,102

$

473,681

Amortization of acquired intangible assets on cost of cloud

(26,468

)

(13,202

)

(53,410

)

(28,605

)

Cost of cloud revenue adjustment (1)

(4,618

)

(3,293

)

(7,009

)

(6,471

)

Cost of services revenue adjustment (1)

(3,249

)

(2,241

)

(4,569

)

(4,696

)

Cost of product revenue adjustment (1)

(7

)

(21

)

(16

)

(43

)

Non-GAAP cost of revenue

$

246,942

$

222,844

$

490,098

$

433,866

    GAAP gross profit

$

501,009

$

485,111

$

995,808

$

953,223

Gross profit adjustments

34,342

18,757

65,004

39,815

Non-GAAP gross profit

$

535,351

$

503,868

$

1,060,812

$

993,038

    GAAP operating expenses

$

397,009

$

324,519

$

765,058

$

644,462

Research and development (1)

(7,852

)

(3,178

)

(11,134

)

(7,871

)

Sales and marketing (1)

(12,928

)

(13,258

)

(23,216

)

(28,672

)

General and administrative (1,2)

(29,681

)

(16,924

)

(49,266

)

(36,482

)

Amortization of acquired intangible assets

(9,153

)

(6,956

)

(18,308

)

(11,649

)

Non-GAAP operating expenses

$

337,395

$

284,203

$

663,134

$

559,788

    GAAP financial and other income, net

$

(3,606

)

$

(14,820

)

$

(22,924

)

$

(30,670

)

Amortization of discount on debt

-

(428

)

-

(849

)

Amortization of deferred financing costs

(275

)

-

(403

)

-

Gains on intercompany foreign currency transactions

-

-

17,835

-

Non-GAAP financial and other income, net

$

(3,881

)

$

(15,248

)

$

(5,492

)

$

(31,519

)

    GAAP taxes on income

$

24,379

$

(11,992

)

$

123,633

$

22,737

Tax adjustments re non-GAAP adjustments

16,997

56,627

(40,984

)

66,720

Non-GAAP taxes on income

$

41,376

$

44,635

$

82,649

$

89,457

    GAAP net income

$

83,227

$

187,404

$

130,041

$

316,694

Amortization of acquired intangible assets

35,621

20,158

71,718

40,254

Share-based compensation (1)

54,127

38,915

91,002

83,840

Acquisition and divestiture related expenses (2)

4,208

-

4,208

395

Amortization of discount on debt

-

428

-

849

Amortization of deferred financing costs

275

-

403

-

Gains on intercompany foreign currency transactions

-

-

(17,835

)

-

Tax adjustments re non-GAAP adjustments

(16,997

)

(56,627

)

40,984

(66,720

)

Non-GAAP net income

$

160,461

$

190,278

$

320,521

$

375,312

    GAAP diluted earnings per share

$

1.40

$

2.96

$

2.17

$

4.97

  Non-GAAP diluted earnings per share

$

2.70

$

3.01

$

5.34

$

5.88

  Shares used in computing GAAP diluted earnings per share

59,394

63,210

59,996

63,785

  Shares used in computing non-GAAP diluted earnings per share

59,394

63,210

59,996

63,785

  NICE LTD. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP RESULTS (continued)

U.S. dollars in thousands

  (1) Share-based compensation

Quarter ended

Year to date

June 30,

June 30,

2026

2025

2026

2025

  Cost of cloud revenue $

4,618

$

3,293

$

7,009

$

6,471

Cost of services revenue 3,249

2,241

4,569

4,696

Cost of product revenue 7

21

16

43

Research and development 7,852

3,178

11,134

7,871

Sales and marketing 12,928

13,258

23,216

28,672

General and administrative 25,473

16,924

45,058

36,087

$

54,127

$

38,915

$

91,002

$

83,840

      (2) Acquisition and divestiture related expenses

Quarter ended

Year to date

June 30,

June 30,

2026

2025

2026

2025

  General and administrative $

4,208

$

-

$

4,208

$

395

$

4,208

$

-

$

4,208

$

395

  NICE LTD. AND SUBSIDIARIES

RECONCILIATION OF GAAP NET INCOME TO NON-GAAP EBITDA

U.S. dollars in thousands

  Quarter ended

Year to date

June 30,

June 30,

2026

2025

2026

2025

Unaudited

Unaudited

Unaudited

Unaudited

  GAAP net income

$

83,227

$

187,404

$

130,041

$

316,694

Non-GAAP adjustments:

Depreciation and amortization 62,374

44,612

124,216

88,053

Share-based compensation 52,668

37,310

88,060

80,647

Financial and other income, net (3,606

)

(14,820

)

(22,924

)

(30,670

)

Acquisition and divestiture related expenses 4,208

-

4,208

395

Taxes on income 24,379

(11,992

)

123,633

22,737

Non-GAAP EBITDA

$

223,250

$

242,514

$

447,234

$

477,856

  NICE LTD. AND SUBSIDIARIES NON-GAAP RECONCILIATION - FREE CASH FLOW FROM CONTINUING OPERATIONS

U.S. dollars in thousands

  Quarter ended

Year to date

June 30,

June 30,

2026

2025

2026

2025

Unaudited

Unaudited

Unaudited

Unaudited

  Net cash provided by operating activities

$

122,657

$

61,322

$

301,903

$

346,393

  Purchase of property and equipment (7,838

)

(4,579

)

(17,214

)

(8,246

)

Capitalization of internal use software costs (21,703

)

(18,137

)

(42,783

)

(34,903

)

  Free Cash Flow (a)

$

93,116

$

38,606

$

241,906

$

303,244

  (a) Free cash flow from continuing operations is defined as operating cash flows from continuing operations less capital expenditures of the continuing operations and less capitalization of internal use software costs.

Nice (NICE - Free Report) closed the last trading session at $100.65, gaining 3.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $127.07 indicates a 26.3% upside potential.

The average comprises 14 short-term price targets ranging from a low of $100.00 to a high of $170.00, with a standard deviation of $26.51. While the lowest estimate indicates a decline of 0.7% from the current price level, the most optimistic estimate points to a 68.9% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.

While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.

But, for NICE, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.

Price, Consensus and EPS Surprise

Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.

While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?

They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.

However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.

That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.

Here's Why There Could be Plenty of Upside Left in NICEAnalysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 0%.

Moreover, NICE currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Therefore, while the consensus price target may not be a reliable indicator of how much NICE could gain, the direction of price movement it implies does appear to be a good guide.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Let's take a look at what these Wall Street heavyweights have to say about Nice (NICE - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

Nice currently has an average brokerage recommendation (ABR) of 1.94, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 16 brokerage firms. An ABR of 1.94 approximates between Strong Buy and Buy.

Of the 16 recommendations that derive the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 50% and 6.3% of all recommendations.

Brokerage Recommendation Trends for NICE

Check price target & stock forecast for Nice here>>>

While the ABR calls for buying Nice, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.

ABR Should Not Be Confused With Zacks RankIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.

Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.

In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Is NICE a Good Investment?In terms of earnings estimate revisions for Nice, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $11.1.

Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Nice. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Nice.

Nice (NICE - Free Report) ended the recent trading session at $98.88, demonstrating a -5.85% change from the preceding day's closing price. This change lagged the S&P 500's 1.66% gain on the day. Meanwhile, the Dow gained 1.19%, and the Nasdaq, a tech-heavy index, added 2.78%.

Shares of the software company have appreciated by 10.75% over the course of the past month, outperforming the Computer and Technology sector's loss of 7.65%, and the S&P 500's loss of 1.49%.

The investment community will be closely monitoring the performance of Nice in its forthcoming earnings report. The company is scheduled to release its earnings on August 5, 2026. The company is forecasted to report an EPS of $2.63, showcasing a 12.62% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $767.17 million, indicating a 5.57% growth compared to the corresponding quarter of the prior year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $11.1 per share and a revenue of $3.18 billion, indicating changes of -9.76% and +7.92%, respectively, from the former year.

Investors should also note any recent changes to analyst estimates for Nice. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Nice presently features a Zacks Rank of #3 (Hold).

In the context of valuation, Nice is at present trading with a Forward P/E ratio of 9.46. This expresses a discount compared to the average Forward P/E of 20.68 of its industry.

Also, we should mention that NICE has a PEG ratio of 0.89. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Internet - Software industry had an average PEG ratio of 1.18 as trading concluded yesterday.

The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 147, which puts it in the bottom 41% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

HOBOKEN, N.J.--(BUSINESS WIRE)--NICE Actimize, a NiCE (NASDAQ: NICE) business, has been recognized by Celent, a global research and advisory firm for the financial services industry, as a Luminary in its recently released report, “Know Your Customer Systems: Adverse Media Screening Technology Capabilities Matrix.” The report provided in-depth profiles and evaluations of the functionality and technology of 25 KYC/Adverse Media providers. Celent defines those placed in the Luminary category as ex.

HOBOKEN, N.J. & BELMONT, Calif.--(BUSINESS WIRE)--NiCE (Nasdaq: NICE) today announced a significant expansion of its long-standing partnership with RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered customer engagement. Under a new multi-year agreement, NiCE will resell RingCentral's unified communications as a service (UCaaS) solution, RingEXTM. In addition, the companies have extended their existing agreement to market and sell RingCentral Contact Center, powered by NiCE CXone, for a.

Nice (NICE - Free Report) closed the most recent trading day at $101.34, moving +1.19% from the previous trading session. This change outpaced the S&P 500's 0.19% loss on the day. Meanwhile, the Dow experienced a drop of 0.59%, and the technology-dominated Nasdaq saw a decrease of 0.05%.

The software company's shares have seen an increase of 18.27% over the last month, surpassing the Computer and Technology sector's loss of 4.32% and the S&P 500's gain of 0.55%.

Investors will be eagerly watching for the performance of Nice in its upcoming earnings disclosure. In that report, analysts expect Nice to post earnings of $2.63 per share. This would mark a year-over-year decline of 12.62%. Simultaneously, our latest consensus estimate expects the revenue to be $767.17 million, showing a 5.57% escalation compared to the year-ago quarter.

For the full year, the Zacks Consensus Estimates project earnings of $11.1 per share and a revenue of $3.18 billion, demonstrating changes of -9.76% and +7.92%, respectively, from the preceding year.

Any recent changes to analyst estimates for Nice should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Nice is holding a Zacks Rank of #3 (Hold) right now.

In terms of valuation, Nice is presently being traded at a Forward P/E ratio of 9.02. This denotes a discount relative to the industry average Forward P/E of 20.12.

Meanwhile, NICE's PEG ratio is currently 0.85. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Software industry had an average PEG ratio of 1.09 as trading concluded yesterday.

The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 91, positioning it in the top 37% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow NICE in the coming trading sessions, be sure to utilize Zacks.com.