Cantor Fitzgerald Has Weak Outlook for NICE FY2025 Earnings

NICE Ltd. (NASDAQ:NICE) – Cantor Fitzgerald lowered their FY2025 EPS estimates for NICE in a research report issued on Friday, February 21st. Cantor Fitzgerald analyst T. Blakey now anticipates that the technology company will earn $9.90 per share for the year, down from their previous forecast of $9.96. Cantor Fitzgerald currently has a “Neutral” rating and a $161.00 target price on the stock. The consensus estimate for NICE’s current full-year earnings is $9.85 per share.

NICE (NASDAQ:NICE) last issued its quarterly earnings data 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 firm had revenue of $721.60 million during the quarter, compared to analyst estimates of $718.47 million. NICE had a return on equity of 16.17% and a net margin of 16.18%.

Several other research firms also recently weighed in on NICE. Oppenheimer downgraded shares of NICE from an “outperform” rating to a “market perform” rating in a report on Friday, November 15th. Barclays dropped their price objective on NICE from $286.00 to $226.00 and set an “overweight” rating for the company in a research note on Friday, February 21st. Royal Bank of Canada decreased their target price on NICE from $260.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, February 21st. Citigroup dropped their target price on NICE from $279.00 to $228.00 and set a “buy” rating for the company in a research report on Monday. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $200.00 price target (down from $215.00) on shares of NICE in a research note on Thursday, December 19th. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $231.64.

NICE Stock Performance

Shares of NICE stock opened at $151.56 on Monday. The business’s 50 day moving average price is $168.81 and its 200 day moving average price is $172.89. The company has a market cap of $9.53 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 1.07 and a beta of 1.06. NICE has a one year low of $147.38 and a one year high of $270.73.

Hedge Funds Weigh In On NICE

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NICE. McIlrath & Eck LLC boosted its position in shares of NICE by 56.9% in the fourth quarter. McIlrath & Eck LLC now owns 160 shares of the technology company’s stock worth $27,000 after buying an additional 58 shares during the period. Financial Perspectives Inc grew its stake in NICE by 11.6% during the 4th quarter. Financial Perspectives Inc now owns 635 shares of the technology company’s stock valued at $108,000 after acquiring an additional 66 shares in the last quarter. Richardson Financial Services Inc. increased its holdings in shares of NICE by 43.8% in the 4th quarter. Richardson Financial Services Inc. now owns 220 shares of the technology company’s stock valued at $38,000 after purchasing an additional 67 shares during the period. Dorsey & Whitney Trust CO LLC lifted its position in shares of NICE by 5.7% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 1,428 shares of the technology company’s stock worth $243,000 after purchasing an additional 77 shares in the last quarter. Finally, Berry Wealth Group LP boosted its holdings in shares of NICE by 5.2% during the fourth quarter. Berry Wealth Group LP now owns 1,616 shares of the technology company’s stock worth $274,000 after purchasing an additional 80 shares during the period. 63.34% of the stock is owned by institutional investors.

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.