16 Analysts Assess NICE: What You Need To Know
Portfolio Pulse from Benzinga Insights
Over the past three months, 16 analysts have shared their evaluations of NICE (NASDAQ:NICE), revealing a range of outlooks from bullish to bearish. The average 12-month price target has dropped by 8.61% to $266.56. Analysts have adjusted their ratings and price targets, with several lowering their estimates. NICE has shown positive financial performance with a 15.29% revenue growth rate, a net margin of 16.13%, and a strong ROE of 3.13%.
August 13, 2024 | 12:02 pm
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NEUTRAL IMPACT
Analysts have mixed outlooks on NICE, with a recent average price target of $266.56, down 8.61% from the previous average. Despite this, NICE has shown strong financial performance with a 15.29% revenue growth rate, a net margin of 16.13%, and a strong ROE of 3.13%.
The mixed analyst ratings and lowered price targets suggest uncertainty about NICE's short-term stock performance. However, the company's strong financial metrics, including revenue growth and profitability, provide a positive counterbalance. This results in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100