DA Davidson Weighs in on NICE's Q1 Earnings (NASDAQ:NICE)

NICE Ltd. (NASDAQ:NICE - Free Report) - Analysts at DA Davidson issued their Q1 2025 earnings estimates for NICE in a research note issued to investors on Friday, February 21st. DA Davidson analyst G. Luria forecasts that the technology company will earn $2.24 per share for the quarter. DA Davidson has a "Buy" rating and a $225.00 price objective on the stock. The consensus estimate for NICE's current full-year earnings is $9.85 per share. DA Davidson also issued estimates for NICE's FY2025 earnings at $9.79 EPS.

NICE (NASDAQ:NICE - Get Free Report) last released its earnings results on Thursday, February 20th. The technology company reported $2.25 earnings per share for the quarter, missing analysts' consensus estimates of $2.96 by ($0.71). The business had revenue of $721.60 million during the quarter, compared to the consensus estimate of $718.47 million. NICE had a net margin of 16.18% and a return on equity of 16.17%.

A number of other research firms have also recently issued reports on NICE. Piper Sandler restated a "neutral" rating on shares of NICE in a research note on Thursday, November 14th. Barclays decreased their target price on shares of NICE from $286.00 to $226.00 and set an "overweight" rating on the stock in a report on Friday, February 21st. Oppenheimer lowered shares of NICE from an "outperform" rating to a "market perform" rating in a report on Friday, November 15th. Rosenblatt Securities decreased their price target on shares of NICE from $225.00 to $200.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $200.00 price target (down from $215.00) on shares of NICE in a report on Thursday, December 19th. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $231.64.

NICE Price Performance

NICE stock traded down $1.90 during trading hours on Monday, reaching $142.99. The stock had a trading volume of 889,429 shares, compared to its average volume of 653,448. The stock has a market capitalization of $8.99 billion, a PE ratio of 21.15, a price-to-earnings-growth ratio of 1.07 and a beta of 1.06. The stock has a 50-day simple moving average of $168.07 and a 200 day simple moving average of $172.70. NICE has a fifty-two week low of $142.77 and a fifty-two week high of $270.73.

Hedge Funds Weigh In On NICE

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV boosted its position in NICE by 208.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company's stock worth $26,000 after purchasing an additional 100 shares during the period. Avion Wealth bought a new stake in NICE in the fourth quarter valued at $25,000. Tradewinds Capital Management LLC bought a new stake in shares of NICE during the 4th quarter valued at $25,000. Anchor Investment Management LLC raised its position in shares of NICE by 200.0% in the 4th quarter. Anchor Investment Management LLC now owns 150 shares of the technology company's stock worth $25,000 after purchasing an additional 100 shares during the last quarter. Finally, McIlrath & Eck LLC raised its position in shares of NICE by 56.9% in the 4th quarter. McIlrath & Eck LLC now owns 160 shares of the technology company's stock worth $27,000 after purchasing an additional 58 shares during the last quarter. Institutional investors own 63.34% of the company's stock.

NICE Company Profile

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