Rosenblatt Reiterates Buy Rating for NICE Ltd. with $155 Target
Rosenblatt maintains its buy rating on NICE Ltd., setting a price target of $155.
Key Points
- Rosenblatt reiterated a buy rating on NICE Ltd., setting a price target of $155 as of June 10, 2026.
- NICE Ltd.'s shares traded near $88.71 with a market cap of approximately $5.2 billion and a forward P/E of 7.03.
- Principal Financial Group Inc. significantly increased its stake in NICE, while Wedbush maintained a hold rating with a $100 target.
Rosenblatt has reiterated its buy rating on NICE Ltd. (NasdaqGS: NICE), setting a price target of $155. This update was made on June 10, 2026, by analyst Catharine Trebnick. Shares of NICE Ltd. were trading around $88.71 at the time of the recommendation.
Other Institutional Activity in NICE Ltd.
Principal Financial Group Inc. significantly boosted its holdings in NICE Ltd., adding 4,315,414 shares for a total of 4,578,940 shares valued at approximately $504.9 million. Harding Loevner LP slightly reduced its position by 47,343 shares, ending with 2,533,246 shares worth about $279.3 million. Brandes Investment Partners, LP increased its stake by 1,522,382 shares, resulting in a total of 2,229,590 shares valued at roughly $245.8 million. FIL Ltd. added 323,520 shares, bringing its total to 2,055,657 shares valued at $226.7 million. Meanwhile, Clal Insurance Enterprises Holdings Ltd. and Menora Mivtachim Holdings Ltd. trimmed their positions slightly.
NICE Ltd. Stock Snapshot
Shares of NICE Ltd. traded near $88.71. The company has a market cap of approximately $5.2 billion and a P/E ratio of 10.52, with a forward P/E of 7.03. It has a beta of 0.007, indicating low volatility. The stock's 52-week range is between $84.38 and $175.00, with a 50-day moving average of $98.81 and a 200-day moving average of $116.07. NICE Ltd. maintains a current ratio of 1.23 and a quick ratio of 1.01, with a debt-to-equity ratio of 2.34.
Recent Earnings
NICE Ltd. reported revenues of approximately $3.01 billion, reflecting a growth of 9.8%. The company's net margin stands at 17.57%, with a return on equity of 14.76%. Earnings per share (EPS) were reported at $8.43. The next earnings report is expected on May 6, 2026.
Insider Buying and Selling at NICE Ltd.
On June 3, 2026, insider Ben-Shaoul Rimon purchased 3,036 shares at an average price of $0.2877. On the same day, Dan Michael Falk also bought 696 shares at $0.29. Both transactions were not planned under Rule 10b5-1. Additionally, Zehava Simon bought 696 shares on May 13, 2026, at $0.29.
Analysts Set New Price Targets
On June 10, 2026, Wedbush maintained its hold rating on NICE Ltd., setting a price target of $100. Cantor Fitzgerald reiterated a hold rating with a $104 target. Rosenblatt maintained its buy rating with a $155 target. The consensus among analysts is a buy rating, with a mean price target of $131.43 from 14 analysts.
About NICE Ltd.
NICE Ltd., headquartered in Ra'anana, Israel, is a leading provider of AI-powered cloud platforms for customer engagement and financial crime compliance. The company operates in two main segments: Customer Engagement and Financial Crime and Compliance. Its solutions help organizations automate services, enhance workforce capabilities with AI, and ensure compliance with financial regulations. With a workforce of around 9,626 employees, NICE Ltd. continues to innovate in AI and analytics for various markets.
Bottom Line
Rosenblatt's reiteration of a buy rating for NICE Ltd. with a $155 price target reflects confidence in the company's performance. Investors often watch these analyst ratings closely, though it's important to remember that such ratings are based on past data and may not reflect current conditions. As always, individual investment decisions should be made based on a comprehensive review of the company's financials and market conditions.
See Also
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