NiCE (NASDAQ:NICE) Issues Earnings Results, Beats Estimates By $0.07 EPS

NiCE (NASDAQ:NICE) released its quarterly earnings data on Wednesday. The technology company reported $2.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.07, FiscalAI reports. The business had revenue of $782.29 million during the quarter, compared to analyst estimates of $766.27 million. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.01 EPS. NiCE updated its FY 2026 guidance to 11.060-11.260 EPS and its Q3 2026 guidance to 2.730-2.830 EPS.

Here are the key takeaways from NiCE’s conference call:

• Q2 revenue exceeded expectations at $782 million, up 8% year over year, while non-GAAP EPS of $2.70 reached the high end of guidance.
• Cloud and AI momentum remained strong, with cloud revenue up 12.6%, AI ARR up 52%, cloud backlog up 19%, and AI backlog up 72%; the company also reported record AI bookings and major eight-figure enterprise wins, including HMRC.
• NICE reiterated its full-year revenue outlook and raised 2026 EPS guidance to $11.06-$11.26, reflecting expectations for operating margins at the high end of the previously stated 25%-26% range. Management also reaffirmed its medium-term growth targets.
• Management acknowledged a lag between strong AI bookings and revenue recognition as large customers take time to prepare data governance and operating models for production deployments. Cloud net revenue retention was 106%, reflecting the impact of targeted strategic renewals and some customer migration dynamics.
• International revenue was a major growth driver, particularly in EMEIA, while legacy services revenue declined 11% as customers migrate from on-premise deployments to the cloud; stronger-than-expected on-premise demand in some non-CX businesses may create near-term mix and timing variability.

NiCE Stock Performance

Shares of NASDAQ:NICE traded down $1.89 on Thursday, hitting $97.46. The company’s stock had a trading volume of 492,819 shares, compared to its average volume of 744,678. The company has a market capitalization of $5.70 billion, a price-to-earnings ratio of 11.55, a price-to-earnings-growth ratio of 1.07 and a beta of 0.74. NiCE has a 12 month low of $83.10 and a 12 month high of $156.37. The stock’s 50-day moving average is $94.08 and its two-hundred day moving average is $103.09.

Analyst Ratings Changes

NICE has been the subject of several analyst reports. Cantor Fitzgerald reissued a “neutral” rating and set a $104.00 price target on shares of NiCE in a report on Wednesday, June 10th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $130.00 price objective on shares of NiCE in a report on Wednesday, June 10th. Citizens Jmp cut their price objective on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a research report on Thursday, May 7th. DA Davidson set a $115.00 target price on shares of NiCE in a research note on Thursday. Finally, Rosenblatt Securities restated a “buy” rating and issued a $130.00 price target on shares of NiCE in a research note on Thursday. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $129.50.

Trending Headlines about NiCE

Here are the key news stories impacting NiCE this week:

• Positive Sentiment: NiCE reported second-quarter adjusted EPS of $2.70, above the $2.63 analyst consensus, while revenue of $782.3 million also exceeded estimates of $766.3 million. Revenue increased approximately 8% year over year, led by 12.6% growth in cloud revenue to $609.0 million. NiCE second-quarter 2026 results
• Positive Sentiment: Full-year 2026 adjusted EPS guidance of $11.06 to $11.26 is above the $10.69 consensus forecast, signaling management remains confident in profitability. Rosenblatt Securities reaffirmed its “buy” rating and set a $130 price target, implying substantial upside from recent trading levels. Rosenblatt Securities rating
• Positive Sentiment: NiCE is extending its AI customer-experience platform to the AWS European Sovereign Cloud, targeting regulated European markets. The partnership could expand NiCE’s addressable market and strengthen its position in compliance-sensitive cloud deployments. NiCE AWS European Sovereign Cloud announcement
• Neutral Sentiment: Concentrix and Currys won NiCE’s International CX Excellence Award for customer-engagement improvements. The recognition supports NiCE’s industry visibility and customer outcomes but is unlikely to have a material near-term effect on revenue or valuation. Concentrix and Currys win NiCE CX Excellence Award
• Negative Sentiment: Third-quarter revenue guidance of $780 million to $790 million is below the $795.3 million consensus estimate, creating a near-term growth concern. Although the EPS forecast of $2.73 to $2.83 exceeds expectations, investors may be placing greater emphasis on the softer revenue outlook.
• Negative Sentiment: Quarterly EPS declined from $3.01 a year earlier, despite higher revenue. The stock also remains below its 200-day moving average, reflecting lingering concerns about growth and earnings momentum.

Hedge Funds Weigh In On NiCE

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC acquired a new position in NiCE during the 2nd quarter valued at about $40,000. Legal & General Group Plc bought a new stake in shares of NiCE during the 2nd quarter worth about $65,000. Steward Partners Investment Advisory LLC lifted its stake in shares of NiCE by 14.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 845 shares of the technology company’s stock worth $96,000 after acquiring an additional 106 shares during the period. Kestra Advisory Services LLC bought a new position in shares of NiCE in the fourth quarter valued at approximately $98,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of NiCE by 81.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,083 shares of the technology company’s stock valued at $122,000 after acquiring an additional 485 shares in the last quarter. Institutional investors own 63.34% of the company’s stock.

About NiCE

NiCE Ltd is a global software provider specializing in solutions for customer engagement, financial crime prevention, public safety, workforce optimization and border security. Its product offerings include cloud-native and on-premises platforms that leverage advanced analytics, artificial intelligence and automation to help organizations enhance customer experiences, streamline operations and ensure regulatory compliance. NiCE’s portfolio addresses the needs of contact centers, financial institutions, government agencies and enterprises across a broad range of industries.

In customer engagement, NiCE delivers tools for omnichannel interaction management, real-time and historical analytics, workforce management, and quality management.