Nice (NICE) is set to release third-quarter 2024 results on Nov. 14.For the to-be-reported quarter, NICE expects non-GAAP revenues between $676 million and $686 million, indicating 13% year-over-year growth at the midpoint.The Zacks Consensus Estimate for revenues is pegged at $682.67 million, indicating an increase of 13.52% from the year-ago quarter’s reported figure.Non-GAAP earnings are estimated in the $2.62-2.72 per share band, suggesting 18% year-over-year growth at the midpoint.The consensus mark fo ...

Wall Street analysts forecast that Nice (NICE) will report quarterly earnings of $2.68 per share in its upcoming release, pointing to a year-over-year increase of 18.1%. It is anticipated that revenues will amount to $682.67 million, exhibiting an increase of 13.5% compared to the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial project ...

Core Viewpoint - The average brokerage recommendation (ABR) for Nice (NICE) is 1.07, indicating a strong buy sentiment from analysts, but caution is advised as brokerage recommendations may not reliably predict stock price movements [2][3][11]. Brokerage Recommendations - Nice has an ABR of 1.07, with 14 out of 15 recommendations classified as Strong Buy and one as Buy, translating to 93.3% and 6.7% respectively [2]. - Despite the strong ABR, studies suggest limited success of brokerage recommendations in guiding investors towards stocks with the highest price increase potential [3][8]. Analyst Bias - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings, with five "Strong Buy" recommendations for every "Strong Sell" [4][8]. - This bias indicates a misalignment of interests between brokerage firms and retail investors, potentially misleading investors regarding future stock price movements [5][8]. Zacks Rank Comparison - Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, which are correlated with near-term stock price movements [6][9]. - The Zacks Rank is more timely and reflects current earnings estimates, unlike the ABR, which may not be up-to-date [10]. Current Earnings Estimates - The Zacks Consensus Estimate for Nice remains unchanged at $10.73 over the past month, suggesting stable analyst views on the company's earnings prospects [11]. - The unchanged consensus estimate has resulted in a Zacks Rank of 3 (Hold) for Nice, indicating a cautious approach despite the favorable ABR [12].

Nice (NICE) closed the latest trading day at $169.49, indicating a -1.41% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 0.61%, and the technology-centric Nasdaq decreased by 0.33%.Heading into today, shares of the software company had gained 0.51% over the past month, lagging the Computer and Technology sector's gain of 2.1% and outpacing the S&P 500's gain of 0.41% in that time.Market participants will be closely ...

In the latest market close, Nice (NICE) reached $177.55, with a -0.31% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.05%. Elsewhere, the Dow lost 0.02%, while the tech-heavy Nasdaq added 0.18%.Heading into today, shares of the software company had gained 6.68% over the past month, outpacing the Computer and Technology sector's gain of 3.5% and the S&P 500's gain of 2.76% in that time.Investors will be eagerly watching for the performance of Nice in ...

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Nice (NICE) ended the recent trading session at $165.60, demonstrating a -0.63% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.71% for the day. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 0.6%. Shares of the software company have appreciated by 3.73% over the course of the past month, underperforming the Computer and Technology sector's gain of 9.96% and the S&P 500's gain of 6.41%. The investment community will ...

Investors interested in Internet - Software stocks are likely familiar with Nice (NICE) and Informatica Inc. (INFA) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, an ...

Nice's (NICE) shares have declined 14.2% in the year-to-date period compared with the Zacks InternetSoftware industry's growth of 25.3% and the broader Zacks Computer & Technology sector's return of 24.2%. The underperformance can be attributed to strong competition from other industry players like Five9 (FIVN) , Salesforce and 8X8, who are expanding their portfolio in the CX market. In June, Five9 announced an enhanced collaboration with Salesforce, integrating AI-powered solutions to enhance customer expe ...

In the latest trading session, Nice (NICE) closed at $166.98, marking a +0.48% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.17%. At the same time, the Dow lost 0.44%, and the techheavy Nasdaq lost 0.04%. The software company's shares have seen an increase of 0.4% over the last month, not keeping up with the Computer and Technology sector's gain of 1.41% and the S&P 500's gain of 1.25%. Market participants will be closely following the financial results of Nice in its upcoming ...