Nice Ltd. (NICE)
NASDAQ:NICE
Want to see NICE full AI Analyst Report?
Top Page
NICE
(NASDAQ:NICE)
Select Model
Select Model
Rating:70Outperform
Price Target:
$102.00
▼(-3.09% Downside)
Action:Reiterated
Date:05/09/26
The score is supported by high-quality fundamentals (strong margins, improved profitability, and an exceptionally low-leverage balance sheet) and a largely constructive earnings outlook with solid cloud/AI drivers and backlog growth. These positives are tempered by weak technical trend signals and a relatively high P/E alongside guidance for near-term margin and EPS pressure from planned investments.
Positive Factors
Very low leverage / strong balance sheet
An extremely low debt-to-equity (~0.02) and sizable equity base provide durable financial flexibility. This capital structure supports continued M&A, buybacks, and R&D funding without stressing liquidity, lowering bankruptcy risk and enabling multi-quarter investments in AI and international expansion.
Negative Factors
Planned investments to pressure near-term margins and EPS
Management's planned front-loaded investments in COGS, R&D and go-to-market will meaningfully compress margins and EPS in the near term. If revenue conversion lags, these time‑bound investments could delay return to prior profitability levels and constrain free cash flow for several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage / strong balance sheet
An extremely low debt-to-equity (~0.02) and sizable equity base provide durable financial flexibility. This capital structure supports continued M&A, buybacks, and R&D funding without stressing liquidity, lowering bankruptcy risk and enabling multi-quarter investments in AI and international expansion.
Read all positive factors
NICE (NICE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.40B
Dividend YieldN/A
Average Volume (3M)760.07K
Price to Earnings (P/E)35.4
Beta (1Y)1.13
Revenue Growth9.29%
EPS Growth18.05%
CountryUS
Employees8,726
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)8.56
Shares Outstanding58,442,986
10 Day Avg. Volume774,476
30 Day Avg. Volume760,072
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)1.82
Price to Sales (P/S)2.39
P/FCF Ratio10.02
Enterprise Value/Market Cap0.97
Enterprise Value/Revenue1.73
Enterprise Value/Gross Profit2.64
Enterprise Value/Ebitda6.21
Forecast
1Y Price Target
$135.36Price Target Upside28.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)11.07
Revenue Forecast (FY)$3.18B
NICE Business Overview & Revenue Model
Company Description
NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform that supports contact centers ranging from small single sites to distributed remo...
How the Company Makes Money
NICE primarily makes money by selling software and cloud services that support contact centers and customer experience operations, as well as solutions for financial crime and compliance. Its revenue model typically includes: (1) Cloud subscriptio...
NICE Earnings Call Summary
Earnings Call Date:Feb 19, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Aug 13, 2026
Earnings Call Sentiment Positive
The call conveyed strong execution and multiple concrete growth drivers — meeting full-year targets, accelerating cloud and AI ARR growth, meaningful international traction, a strengthened balance sheet (debt-free), and active capital returns. Management also laid out targeted investments in 2026 to accelerate AI integration and go-to-market capabilities, which will pressure near-term margins and EPS. While there are clear near-term headwinds (cash reduction from the Cognigy acquisition, planned investment-driven margin cadence, and slower growth in the Financial Crime & Compliance segment), the highlights (AI momentum, backlog growth, international acceleration, and balance sheet actions) materially outweigh the lowlights, supporting a positive outlook with execution risks to monitor.Positive Updates
Met Full-Year Targets with Strong Financial Results
Full year 2025 total revenue of $2.945B, up 8% year-over-year; full year cloud revenue up 13% YoY (12% excluding Cognigy); delivered non-GAAP EPS of $12.30 at the high end of guidance; free cash flow margin of 21% exceeded guidance.
Negative Updates
EPS Guidance Below Prior-Year Non-GAAP EPS
Full year 2026 non-GAAP EPS guidance of $10.85–$11.05 compares to 2025 non-GAAP EPS of $12.30, implying a year-over-year decline in EPS (~11–12% at midpoint).
Read all updates
Q4-2025 Updates
Positive
Negative
Met Full-Year Targets with Strong Financial Results
Full year 2025 total revenue of $2.945B, up 8% year-over-year; full year cloud revenue up 13% YoY (12% excluding Cognigy); delivered non-GAAP EPS of $12.30 at the high end of guidance; free cash flow margin of 21% exceeded guidance.
Read all positive updates
Company Guidance
The company guided full-year 2026 total revenue of $3.170B–$3.190B (≈+8% at the midpoint), cloud revenue growth of 14.5%–15.0% (with Cognigy contributing ~200 bps), full‑year diluted EPS of $10.85–$11.05, and an effective tax rate of 20.5%–21.0%; Q1 2026 revenue was guided to $755M–$765M (≈+8.5% YoY at midpoint) with Q1 EPS of $2.45–$2.55. Management said incremental margin investments will be weighted to H1 2026 with operating margins improving in H2 to exit the year near the upper end of a 25%–26% range, expects Cognigy to be accretive within ~18 months, and cited supporting metrics behind the outlook including a 25% cloud backlog increase (22% ex‑Cognigy) and 109% cloud net revenue retention.NICE Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
92
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.01B | 2.95B | 2.74B | 2.38B | 2.18B | 1.92B |
| Gross Profit | 1.98B | 1.96B | 1.83B | 1.61B | 1.50B | 1.30B |
| EBITDA | 841.27M | 903.06M | 754.14M | 628.76M | 525.59M | 440.48M |
| Net Income | 529.50M | 612.10M | 442.59M | 338.30M | 265.94M | 199.22M |
Balance Sheet | ||||||
| Total Assets | 4.98B | 5.11B | 5.30B | 5.12B | 4.85B | 4.71B |
| Cash, Cash Equivalents and Short-Term Investments | 310.24M | 417.39M | 1.62B | 1.41B | 1.57B | 1.42B |
| Total Debt | 86.08M | 163.86M | 563.60M | 782.97M | 777.46M | 925.91M |
| Total Liabilities | 1.31B | 1.23B | 1.69B | 1.76B | 1.80B | 1.87B |
| Stockholders Equity | 3.68B | 3.88B | 3.59B | 3.34B | 3.04B | 2.83B |
Cash Flow | ||||||
| Free Cash Flow | 569.29M | 703.16M | 732.87M | 477.25M | 397.82M | 394.61M |
| Operating Cash Flow | 612.07M | 722.23M | 832.64M | 561.43M | 479.71M | 461.82M |
| Investing Cash Flow | 169.05M | 161.23M | -397.40M | -293.58M | -152.35M | -261.50M |
| Financing Cash Flow | -989.77M | -992.08M | -456.60M | -290.27M | -164.50M | -261.82M |
NICE Technical Analysis
Negative
105.25
Price Trends
104.83
Negative
109.50
Negative
119.44
Negative
Market Momentum
-3.71
Negative
44.63
Neutral
83.44
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NICE, the sentiment is Negative. The current price of 105.25 is above the 20-day moving average (MA) of 98.36, above the 50-day MA of 104.83, and below the 200-day MA of 119.44, indicating a bearish trend. The MACD of -3.71 indicates Negative momentum. The RSI at 44.63 is Neutral, neither overbought nor oversold. The STOCH value of 83.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NICE.
NICE Risk Analysis
NICE disclosed 42 risk factors in its most recent earnings report. NICE reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
NICE Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $5.40B | 35.38 | 14.03% | ― | 9.29% | 18.05% | |
70 Outperform | $4.04B | 29.59 | 10.69% | ― | 25.42% | 125.90% | |
69 Neutral | $5.74B | 54.82 | 50.21% | 0.16% | 3.50% | 75.14% | |
67 Neutral | $4.51B | -103.65 | -6.24% | ― | 25.81% | -2156.00% | |
65 Neutral | $4.42B | 57.22 | 35.35% | ― | 18.89% | -7.44% | |
63 Neutral | $5.67B | 224.68 | -9.44% | ― | 17.29% | 38.72% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
NICE
NICE
94.46
-65.48
-40.94%
CVLT
CommVault Systems
107.25
-67.18
-38.51%
PEGA
Pegasystems
34.35
-13.56
-28.30%
ESTC
Elastic
54.81
-37.44
-40.59%
MNDY
Monday.com
79.06
-220.06
-73.57%
GTLB
Gitlab
26.73
-21.27
-44.31%
NICE Corporate Events
NICE Highlights April 2026 String of AI, CX and Fraud-Prevention Milestones in New SEC Filing
May 7, 2026
In April 2026, NICE Ltd. filed a Form 6-K detailing a string of product, partnership and recognition announcements that underscore its expanding role in AI-driven customer experience and risk management. The filings highlight its focus on cloud-ba...
NICE Lifts 2026 EPS Outlook as AI and Cloud Drive First-Quarter Growth
May 6, 2026
NICE reported first-quarter 2026 results on May 6, 2026, with total revenue rising 9.8% year on year to $768.6 million, driven by 14.6% growth in cloud revenue to $603.4 million and a 66% surge in AI annual recurring revenue. The AI-native CX plat...
NICE Reschedules Special Shareholders’ Meeting to June 2, 2026
Apr 30, 2026
NICE Ltd. announced on April 30, 2026, that it has rescheduled its previously reported special general meeting of shareholders from May 28, 2026, to June 2, 2026, keeping the time and location at its Ra’anana headquarters unchanged. The reco...
NICE Calls May 28 Special Meeting to Vote on Executive and CEO Pay
Apr 24, 2026
NICE Ltd. has called a 2026 Special General Meeting of shareholders for May 28, 2026, in Ra’anana, Israel, with shareholders of record as of April 30, 2026 entitled to vote. The company has circulated proxy materials and voting cards to both...
NICE Unveils Agentic AI Breakthroughs for Cognigy at Nexus 2026
Apr 9, 2026
On March 10, 2026, NICE unveiled a suite of new Agentic AI capabilities for its NICE Cognigy platform at the Nexus 2026 CX AI summit in Hoboken. The enhancements are designed to help enterprises systematically discover automation opportunities in ...
NICE’s Cognigy Named Sole Customers’ Choice in Gartner 2025 Conversational AI Report
Mar 6, 2026
On February 3, 2026, NICE announced that its NiCE Cognigy platform was named the sole Customers’ Choice in Gartner’s 2025 Peer Insights “Voice of the Customer” for Enterprise Conversational AI Platforms, based entirely on v...
NICE Posts Double-Digit Cloud and AI Growth for 2025, Adds $600 Million Buyback and New Credit Line
Feb 19, 2026
On February 19, 2026, NICE reported that for the fourth quarter of 2025 total revenue rose 9% year over year to $786.5 million, with cloud revenue up 14% to $608.3 million and GAAP diluted EPS jumping 57% to $2.41, supported by a 66% surge in AI a...
NICE Actimize Named APAC Enterprise Fraud Leader as NICE Showcases January AI Milestones
Feb 9, 2026
In January 2026, NICE Ltd. reported a series of developments underscoring its push in AI-driven fraud prevention and customer experience platforms. The company highlighted growing global adoption across regulated industries and large member-based ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.