Nice (NICE)

• Market cap: $10.6B
• 1 day: 2.25%
• 5 days: 2.46%
• 1 month: -9.10%
• 3 months: -2.28%
• 6 months: -5.04%
• Year to date: -0.17%
• 1 year: -17.68%
• 5 years: 3.90%
• 10 years: 233.48%

About: Nice is an enterprise software company that serves the customer engagement and financial crime and compliance markets. The company provides data analytics-based solutions through both a cloud platform and on-premises infrastructure. Within customer engagement, Nice's CXone platform delivers solutions focused on contact center software and workforce engagement management, or WEM. Contact center offerings include solutions for digital self-service, customer journey and experience optimization, and compliance. WEM products optimize call center efficiency, leveraging data and AI analytics for call volume forecasting and agent scheduling. Within financial crime and compliance, Nice offers risk and investigation management, fraud prevention, anti-money laundering, and compliance solutions.

Employees: 8,384

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

23% more repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 120

21% more call options, than puts

Call options by funds: $308M | Put options by funds: $256M

4% less capital invested

Capital invested by funds: $6.87B [Q2] → $6.6B (-$263M) [Q3]

7% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 60

1.35% less ownership

Funds ownership: 62.71% [Q2] → 61.36% (-1.35%) [Q3]

2% less funds holding

Funds holding: 401 [Q2] → 392 (-9) [Q3]

14% less funds holding in top 10

Funds holding in top 10: 14 [Q2] → 12 (-2) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $200 18% upside
• Avg. target: $254 50% upside
• High target: $334 97% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Jefferies Samad Samana 64% 1-year accuracy 9 / 14 met price target	18% upside $200	Hold Downgraded	19 Dec 2024
DA Davidson Gil Luria 59% 1-year accuracy 27 / 46 met price target	33% upside $225	Buy Maintained	15 Nov 2024
RBC Capital Rishi Jaluria 48% 1-year accuracy 38 / 79 met price target	54% upside $260	Outperform Reiterated	15 Nov 2024
Northland Capital Markets Michael Latimore 37% 1-year accuracy 10 / 27 met price target	48% upside $250	Outperform Maintained	15 Nov 2024
Citigroup Tyler Radke 59% 1-year accuracy 36 / 61 met price target	97% upside $334	Buy Maintained	13 Nov 2024