Core Insights - The presentation is part of NICE's 2025 Capital Markets Day, highlighting the company's strategic vision and opportunities for growth [1][2] - Key speakers include the CEO, President of CX, Chief AI Officer, and a customer representative from Lufthansa, indicating a focus on customer experience and technology [2][3] Group 1 - The event is introduced by Ryan Gilligan, Vice President of Investor Relations, emphasizing the importance of the day [1] - Scott Russell, the CEO, will present his vision and the company's opportunities, setting the stage for future growth [2] - The agenda includes insights from various executives, showcasing NICE's commitment to innovation and customer service [2][3] Group 2 - The inclusion of a customer perspective from Nick Allgaier of Lufthansa highlights the company's focus on real-world applications of its technology [3] - The presentation will conclude with financial insights from Beth Gaspich, the CFO, indicating a comprehensive overview of the company's performance and future outlook [3]

Core Viewpoint - NiCE's stock experienced a significant decline of nearly 13% following multiple analyst price target cuts, contrasting sharply with the S&P 500's 0.8% drop [1][2]. Analyst Reactions - Six analysts reduced their fair value assessments for NiCE after the company's recent Capital Markets Day [2][7]. - Elizabeth Porter from Morgan Stanley lowered her price target from $193 to $160 while maintaining an overweight recommendation [3]. Strategic Concerns - Analysts expressed concerns regarding NiCE's aggressive investment in artificial intelligence (AI), which is expected to negatively impact the company's margins and free cash flow in the near term [4]. - The company is focusing on niche areas like call center automation, but its competitive position in these segments is not considered unassailable [5]. Investment Sentiment - There is growing wariness among investors regarding companies heavily investing in AI due to the associated costs [5]. - NiCE was not included in a recent list of top stock recommendations by The Motley Fool Stock Advisor, which identified ten better investment opportunities [6].

Core Points - U.S. stock futures are lower, with Dow futures down approximately 200 points [1] - Helmerich and Payne Inc reported a fourth-quarter loss of 1 cent per share, with quarterly sales of $1.012 billion, exceeding analyst expectations of $973.678 million [1] - Helmerich and Payne shares fell 7% to $25.69 in pre-market trading [1] Company Movements - Alpha Technology Group Ltd shares decreased by 19% to $17.50 after a significant surge of 132% on Monday [4] - Invivyd Inc shares fell 13.4% to $2.46 following the announcement of a $125 million public offering [4] - Nice Ltd shares dropped 7.3% to $112.00 after a 9% decline on the previous day [4] - H World Group Ltd shares fell 6.7% to $41.95 despite reporting better-than-expected third-quarter results [4] - Fulcrum Therapeutics Inc shares decreased by 6.6% to $9.01 after a 12% gain on Monday [4] - Rocket Pharmaceuticals Inc shares declined 6% to $2.86 [4] - OBOOK Holdings Inc shares fell 5.6% to $7.53 [4] - Iperionx Ltd shares decreased by 5% to $33.00 [4] - Home Depot Inc shares slipped 2% to $351.01 after reporting worse-than-expected third-quarter adjusted EPS and lowering FY25 adjusted EPS outlook [4]

Market Overview - The Tel Aviv Stock Exchange showed mixed results with the Tel Aviv 35 Index increasing by 0.12% to 3,451.39 points, while the Tel Aviv 125 Index decreased by 0.22% to 3,497.86 points, and the BlueTech Global Index fell by 0.49% to 594.70 points [1] - The All Bond corporate bond index rose by 0.05% to 419.75 points, with total turnover reaching NIS 3.83 billion in equities and NIS 5.11 billion in bonds [1] Foreign Exchange Market - The shekel-dollar rate was set 0.185% higher at NIS 3.241/$, while the shekel-euro rate decreased by 0.051% to NIS 3.759/€ [2] Company Performance - Elbit Systems Ltd. led the market with a significant rise of 6.97%, attributed to a major new deal, marking the largest increase on the Tel Aviv 35 Index [3] - Other notable gainers included Delek Group, which rose by 1.99%, Tower Semiconductor Ltd. with a 0.50% increase, Phoenix Financial up by 3.01%, and Enlight Renewable Energy rising by 2.21% [3] Decliners - Nice experienced the largest decline on the Tel Aviv 35 Index, falling by 2.23% [4] - Other banks that saw declines include Bank Leumi down by 1.17%, Bank Hapoalim down by 1.38%, Mizrahi Tefahot Bank down by 1.69%, and Israel Discount Bank down by 1.80% [4]

NICE 2025 Investor Day Summary Company Overview - NICE is a leader in customer experience (CX) with 27,000 customers globally, including major banks and Fortune 500 companies [10][11][31] - The company also leads in financial crime and compliance, protecting $5 trillion in daily transactions through its Actimize portfolio [10] Industry Insights - The customer experience market is experiencing significant growth, driven by increasing interaction volumes across various channels, including AI, digital, and voice [11][14][22] - Companies investing in CX outperform their peers, with proven benefits such as increased revenue and reduced operational costs [12][13] - NICE's AI volumes have grown by 65% in the last nine months, with digital interactions increasing in the mid-40% range [14] Key Points from the Presentation 1. **Market Opportunity**: The CX market is described as a "great market" with natural growth due to rising consumer interactions [5][11] 2. **Positioning**: NICE is well-positioned to capitalize on market opportunities through its AI capabilities and comprehensive product portfolio [6][22] 3. **Growth Drivers**: The company will focus on AI growth, automation of agentic AI, and expanding its CCAS (Contact Center as a Service) offerings [60][62] 4. **Financial Performance**: NICE reported a 49% growth in AI Annual Recurring Revenue (ARR) and is projected to reach nearly $3 billion in revenue by 2025 [27][28] 5. **Customer Success Stories**: Examples include Bose, which improved customer satisfaction by 30% and reduced operating costs by nearly 20% through NICE's platform [12][13] Leadership Changes - Arun Chandra has been appointed as COO, bringing experience from Walt Disney Corporation and Meta [4] Competitive Landscape - NICE Cognigy is recognized as a market leader in conversational AI for CX, with a strong focus on customer-driven journeys [28][51] - The company aims to capture market share from competitors by leveraging its AI-native platform and extensive customer base [53][54] Future Outlook - NICE anticipates doubling its total addressable market, currently estimated at $31 billion, within the next three years due to AI and CCAS market expansion [46] - The company emphasizes the importance of both human and AI interactions in delivering superior customer experiences [58][59] Conclusion - NICE is positioned for significant growth in the CX market, driven by its AI capabilities, customer-centric approach, and strategic leadership [60][61]

Financial Performance & Market Position - NiCE's total revenue reached $2.9 billion[10] - The company's recurring revenue amounted to $2.6 billion[10] - Cash from operations totaled $786 million[10] - Cloud revenue reached $2.2 billion[10] Customer Base & Reach - NiCE serves over 3,300 customers[10] - The company boasts a significant presence with over 85% of Fortune 100 companies as customers[10] - NiCE operates in over 150 countries[10] Workforce & Innovation - NiCE has a workforce of over 9,500 professionals[10] - The company invests heavily in research and development with over 25,000 professionals in R&D[10] Partner Ecosystem - NiCE has a broad partner ecosystem with over 400 global CX partners[30] - Partners are involved in 75% of wins[30]

Market Performance - The Tel Aviv Stock Exchange saw a rise today, with the Tel Aviv 35 Index increasing by 0.38% to a record 3,447.17 points and the Tel Aviv 125 Index rising by 0.41% to 3,505.73 points [1] - The All Bond corporate bond index rose by 0.04% to 419.53 points, while the BlueTech Global Index fell by 0.92% to 597.63 points [1] - Total turnover in equities reached NIS 1.42 billion and NIS 2.40 billion in bonds [1] Currency Exchange Rates - The shekel-dollar rate was set 0.81% higher at NIS 3.235/$, and the shekel-euro rate was set 0.926% higher at NIS 3.761/€ [2] Notable Stock Movements - Nice (Nasdaq: NICE; TASE:NICE) experienced the largest increase on the Tel Aviv 35 Index, rising by 5.61% [2] - Other notable gainers included Navitas Petroleum LP (TASE: NVPT) with a rise of 5.04% and Clal Insurance Enterprise Holdings (TASE: CLIS) increasing by 3.31% [2] - Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) rose by 0.50% [2] Banking Sector Performance - Bank Hapoalim (TASE: POLI) led the market with a rise of 1.59% and the highest trading turnover [3] - Other banks also saw gains, with Bank Leumi (TASE: LUMI) rising by 1.27%, Mizrahi Tefahot Bank increasing by 1.55%, and Israel Discount Bank (TASE: DSCT) rising by 2.19% [3] Declining Stocks - Camtek (Nasdaq: CAMT; TASE: CAMT) had the largest decline on the Tel Aviv 35 Index, falling by 4.73% [3] - Other notable decliners included Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) down by 4.08%, Nova Ltd. (Nasdaq: NVMI; TASE: NVMI) down by 3.89%, and Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) down by 2.47% [3]

Core Insights - NICE reported adjusted earnings of $3.18 per share for Q3 2025, exceeding the Zacks Consensus Estimate by 0.32% and reflecting a 10% year-over-year increase [1] - Non-GAAP revenues reached $732 million, surpassing the consensus mark by 0.56% and increasing 6% year over year, primarily driven by the strength of its cloud business and customer base expansion [1][8] Revenue Breakdown - Revenues in the Americas were $618 million, up 5% year over year; EMEA revenues were $74 million, up 7% year over year; APAC revenues increased 19% year over year to $40 million [2] - Cloud revenues constituted 76.9% of total revenues at $562.9 million, beating the Zacks Consensus Estimate by 0.64% and rising 13% year over year [3] - Service revenues accounted for 18.9% of total revenues at $138.7 million, missing the consensus mark by 0.40% and declining 7.4% year over year [3] - Product revenues made up 4.1% of total revenues at $30.4 million, exceeding the consensus mark by 3.55% but decreasing 24.1% year over year [4] Operating Performance - Non-GAAP gross margin contracted 120 basis points to 69.9% in the reported quarter [5] - Research and development expenses as a percentage of revenues decreased 90 basis points year over year to 12.4% [5] - Non-GAAP operating margin contracted 50 basis points year over year to 31.5% [6] - Non-GAAP EBITDA margin contracted 40 basis points to 34.7% [6] Cash Flow and Balance Sheet - As of September 30, 2025, NICE had cash and cash equivalents of $455.9 million, down from $1.63 billion as of June 30, 2025 [9] - Cash flow from operations in Q3 was $190.5 million compared to $61.32 million in the prior quarter [9] - $40.6 million was allocated for share repurchase in Q3 2025 [9] Future Guidance - NICE projects non-GAAP revenues between $2.93 billion and $2.94 billion for the full year 2025, implying 7% year-over-year growth at the midpoint [10] - Non-GAAP earnings are estimated to be between $12.18 and $12.32 per share, suggesting 10% year-over-year growth at the midpoint [10]

Core Insights - Nice (NICE) reported $732 million in revenue for Q3 2025, a year-over-year increase of 6.1%, with an EPS of $3.18 compared to $2.88 a year ago, exceeding the Zacks Consensus Estimate of $727.92 million by 0.56% and the EPS estimate of $3.17 by 0.32% [1] Revenue Performance - Geographic Revenues: - Americas: $618 million, exceeding the estimated $614.1 million, with a year-over-year change of +5.3% [4] - Asia Pacific: $40 million, surpassing the estimated $39.86 million, with a year-over-year change of +17.7% [4] - EMEA: $74 million, above the estimated $73.33 million, with a year-over-year change of +7.3% [4] - Revenue by Business Model: - Cloud: $562.94 million, exceeding the estimated $559.35 million, with a year-over-year change of +12.6% [4] - Services: $138.71 million, slightly below the estimated $139.26 million, with a year-over-year change of -7.4% [4] - Product: $30.35 million, surpassing the estimated $29.31 million, with a year-over-year change of -24.1% [4] Stock Performance - Shares of Nice have returned -3.3% over the past month, while the Zacks S&P 500 composite has changed by +4.6%, indicating underperformance relative to the broader market [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the market in the near term [3]

Core Points - U.S. stocks experienced a decline, with the Dow Jones index dropping over 100 points on Thursday [1] - Spectrum Brands Holdings Inc reported a quarterly adjusted EPS of $2.61, significantly exceeding the analyst consensus estimate of $0.86 [1] - The company's quarterly sales were $733.500 million, which fell short of the analyst consensus estimate of $741.111 million [1] Company Performance - Spectrum Brands Holdings shares surged 13.2% to $60.28 following the earnings report [2] - Ondas Holdings Inc saw a 24.4% increase in shares to $6.86 after reporting better-than-expected third-quarter results and raising FY25 sales guidance [4] - Firefly Aerospace Inc's shares rose 21.7% to $22.29 after exceeding quarterly financial expectations and raising FY25 sales guidance [4] - Cellebrite DI Ltd shares increased by 21.7% to $19.44 after reporting strong third-quarter results and raising FY25 sales guidance [4] - Sealed Air Corp shares gained 19.9% to $43.60 [4] - Dillard's Inc reported better-than-expected quarterly results, leading to an 18.3% rise in shares to $720.00 [4] - Digi International Inc shares jumped 17.5% to $42.30 following positive quarterly results [4] - Sally Beauty Holdings Inc shares rose 17.5% to $17.27 after reporting upbeat quarterly results [4] - Tetra Tech Inc gained 11.9% to $36.31 following strong quarterly earnings [4] - On Holding AG shares increased by 7.4% to $44.58 after reporting positive third-quarter earnings and issuing FY2025 sales guidance above expectations [4] - Nice Ltd shares rose 6.3% to $132.14 following strong quarterly sales [4]