NICE (NASDAQ:NICE) Announces Earnings Results, Misses Expectations By $0.71 EPS

NICE (NASDAQ:NICE) posted its earnings results on Thursday. The technology company reported $2.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.96 by ($0.71), Zacks reports. NICE had a net margin of 16.18% and a return on equity of 16.17%. The company had revenue of $721.60 million during the quarter, compared to analysts’ expectations of $718.47 million. NICE updated its FY 2025 guidance to 12.130-12.330 EPS and its Q1 2025 guidance to 2.780-2.880 EPS.

NICE Stock Up 1.2 %

Shares of NASDAQ:NICE opened at $155.39 on Friday. The company’s fifty day moving average is $170.08 and its two-hundred day moving average is $172.91. NICE has a 12-month low of $147.38 and a 12-month high of $270.73. The company has a market cap of $9.77 billion, a P/E ratio of 22.99, a price-to-earnings-growth ratio of 1.07 and a beta of 1.06.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on NICE shares. StockNews.com lowered NICE from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 17th. Rosenblatt Securities reduced their price target on NICE from $225.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday. Royal Bank of Canada reduced their price target on NICE from $260.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday. Citigroup reduced their price target on NICE from $315.00 to $279.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Northland Securities reduced their price target on NICE from $275.00 to $250.00 and set an “outperform” rating on the stock in a research note on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, NICE has an average rating of “Moderate Buy” and an average target price of $239.60.

About NICE

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.