NICE Systems Ltd (NICE) PT Lowered to $265 at RBC Capital

NICE Systems Ltd (NICE) PT Lowered to $270 at BofA Securities

BofA Securities analyst Michael J. Funk lowered the price target on NICE Systems Ltd (NASDAQ: NICE) to $270.00 (from $300.00) while maintaining a Buy rating.

The analyst comments "Contact center software company NICE reported industry leading revenue growth of 15.3% YoY, but the announced CEO... More

NICE Systems Ltd (NICE) Added to DA Davidson STAMPEDE List

(Updated - May 17, 2024 5:09 AM EDT)

DA Davidson analyst Gil Luria reiterated a Buy rating and $300.00 price target on NICE Systems Ltd (NASDAQ: NICE).

The analyst comments "On the heels of our upgrade note, NICE reported strong results ahead of our expectations, albeit noisy given the acquisition of LiveVox which closed on... More

NICE Systems Ltd (NICE) PT Lowered to $300 at JMP Securities

JMP Securities analyst Patrick Walravens lowered the price target on NICE Systems Ltd (NASDAQ: NICE) to $300.00 (from $343.00) while maintaining a Market Outperform rating.... More

NICE (NICE) August calls active as share price down 13%

NICE (NASDAQ: NICE) 30-day option implied volatility is at 32; compared to its 52-week range of 25 to 77 with a focus on August calls as share price down 13%.

Morgan Stanley Reiterates Overweight Rating on NICE Systems Ltd (NICE)

Morgan Stanley analyst Nawar Cristini reiterated an Overweight rating and $290.00 price target on NICE Systems Ltd (NASDAQ: NICE).

The analyst comments "Continue to view NICE as leader in $26bn CCaaS / Convo AI opportunity, though CEO transition comes at inopportune time given debate... More

RBC Capital Reiterates Outperform Rating on NICE Systems Ltd (NICE)

RBC Capital analyst Rishi Jaluria reiterated an Outperform rating and $285.00 price target on NICE Systems Ltd (NASDAQ: NICE).

The analyst comments "NICE reported decent results, but guidance was mixed, leading shares down ~7% pre-market. Results were highlighted by 27% cloud growth or 18% organic (by our estimates), but FY24 total revenue guidance was maintained (with no comment on cloud revenue growth) and EPS guidance was slightly raised.... More

NICE Systems Ltd (NICE) PT Lowered to $230 at Jefferies

Jefferies analyst Samad Samana lowered the price target on NICE Systems Ltd (NASDAQ: NICE) to $230.00 (from $280.00) while maintaining a Buy rating.

The analyst comments "NICE shocked investors with a CEO transition and underwhelmed them with a low-quality, product rev driven 1Q24... More

NICE (NICE) Tops Q1 EPS by 13c; offers guidance

NICE (NASDAQ: NICE) reported Q1 EPS of $2.58, $0.13 better than the analyst estimate of $2.45. Revenue for the quarter came in at $659.3 million versus the consensus estimate of $655.4 million.

GUIDANCE:

NICE sees Q2 2024 EPS of $2.53-$2.63, versus the consensus of $2.54. NICE sees Q2... More

NICE (NICE) Announces CEO Resignation

NICE (Nasdaq: NICE) today announced a planned leadership transition. Barak Eilam, Chief Executive Officer, has informed the Board of Directors of his decision to step down from his position, effective December 31, 2024. Eilam will remain CEO until the end of the year, ensuring a smooth transition. He will actively participate in the search for his successor alongside the Board and collaborate with the new leader during a transition period. Furthermore, Eilam will continue to act in a strategic consulting capacity during the first half of 2025. The Board has initiated a CEO search to... More