Nice raises EPS guidance but stock slides

Earlier this year, when it issued in the fourth quarter of 2024, the technology company Nice (Tase: Nice; NISDAQ: NICE was disappointed by the hope of investors, and its share price decreased sharply. Now, NICE left annual revenue instructions unchanged, but raised its instructions to obtain a net profit.

NICE, which was at the beginning of this year headed by Scott Russell (who replaced Barack Ilam, who resigned after a decade as an executive president), provides customer relations management and risk management. The company expects inappropriate profits per share per year from 12.28-12.48 dollars, which is compared to the previous directives of 12.13-12.33 dollars. Revenue guidelines remain at 2.918-2.938 billion dollars. For the second quarter, the guidance is close to analysts estimates, reaching 709-719 million dollars (7 % growth) and arrow profits of $ 2.93-3.03.

In the first quarter, Nice won the estimation of consensus analysts. Revenue grew by 6.2 % to $ 700 million. The net profit based on GAAP grew by 21.5 % to 129 million dollars, and the net net profit of GAAP grew by 7.9 % to $ 185 million, or $ 2.87 per share.

“We are happy to report another strong quarter. The cloud revenues grew by 12 % in the first quarter compared to the same period last year, which prompted the continuation of profitability, including additional expansion in the operating margin and an increase of two numbers in the arrow’s profits.” “We also delivered standard quarterly cash flows in the first quarter, as money from operations increased to $ 285 million-an annual increase. He added that” artificial intelligence revenues and self-service revenues increased by 39 % on an annual basis. “

Most analysts are positive on stocks

At the end of the second quarter, Nice had $ 1.6 billion in cash, compared to debts of $ 459 million. The company has announced the stock replay program of up to $ 500 million. NICE share price is flat for the year so far, and has decreased by 25.7 % during the past twelve months, for various reasons, including Eillam’s departure, competition concerns and artificial intelligence effect. The maximum company market on the Nasdaq Stock Exchange and in Tel Aviv is $ 10.7 billion. In peak, in 2021, the market value was $ 20 billion.

According to “The Wall Street Journal”, it covers nineteen cute analysts, most of whom give the company a positive classification. Fourteen have “purchase” categories/”outperform”, five neutrality, none of them “selling”. The targets of the price range from $ 153 to $ 300 (in 2021, the share price exceeded $ 300), which is an average of $ 202, which represents a 19 % premium on the current price on the NASDAC.

It was published by Globes, Israel Business News – En.globes.co.il – on May 15, 2025.

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