For 2025, Nice (NICE) sees revenue growth 7%-8%, with cloud revenue growth 12%-13%, operating margin 31%, FCF margin 19%-20%, and capital return 50%+. For 2026, Nice sees revenue growth 7%-9%, cloud revenue growth 13%-15%, operating margin 25%-26%, FCF margin 18%-19%, and capital return 50%+. For 2028, Nice sees revenue growth 12%-14%, cloud revenue growth 17%-19%, operating margin 26%-28%, FCF margin 20%-21%, and capital return 50%+. Comments taken from the company’s 2025 Capital Markets Day presentation.
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