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NICE Ltd (IL:NICE)
:NICE
Top Page
Nice
(OTC:NICE)
80Outperform
Nice (NICE) vs. S&P 500 (SPY)
Market Cap
$36.09B
Dividend YieldN/A
Average Volume (3M)112.28K
Price to Earnings (P/E)22.8
Beta (1Y)0.26
Revenue Growth15.37%
EPS Growth31.43%
CountryIL
Employees8,726
SectorTechnology
Sector Strength65
IndustrySoftware - Application
Share Statistics
EPS (TTM)1070.70
Shares Outstanding63,249,844
10 Day Avg. Volume84,722
30 Day Avg. Volume112,280
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit22.65
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering0
Nice Business Overview & Revenue Model
Company DescriptionNICE Ltd. is a globally recognized enterprise software company that specializes in providing solutions for customer engagement, financial crime and compliance, and enterprise software. The company operates in sectors such as customer experience, risk management, and compliance, offering a range of products and services including cloud-based and on-premises solutions for contact centers, analytics, robotic process automation, and more. NICE's innovative technologies help organizations improve customer service, enhance compliance, and optimize business performance.
How the Company Makes MoneyNICE Ltd. generates revenue primarily through the sale of its software solutions and services. The company offers both perpetual licenses and subscription-based models, with a growing emphasis on cloud-based solutions that provide recurring revenue. Key revenue streams include software licenses, subscription fees, maintenance and support services, and professional services such as consulting and implementation. Additionally, NICE partners with various technology and service providers to expand its market reach and enhance its product offerings, contributing to its overall revenue growth.
Nice Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 2.38B | 2.18B | 1.92B | 1.65B | 1.57B | Gross Profit |
| 1.61B | 1.50B | 1.30B | 1.09B | 1.04B | EBIT |
| 435.23M | -335.17M | 263.91M | 242.05M | 238.72M | EBITDA |
| 598.32M | 525.59M | 448.00M | 424.07M | 411.95M | Net Income Common Stockholders |
| 338.30M | 265.94M | 199.22M | 196.35M | 185.90M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.41B | 1.57B | 1.42B | 1.46B | 439.10M | Total Assets |
| 5.12B | 4.86B | 4.66B | 4.23B | 3.61B | Total Debt |
| 782.97M | 777.46M | 878.52M | 795.89M | 589.90M | Net Debt |
| 271.17M | 247.86M | 499.86M | 353.63M | 361.58M | Total Liabilities |
| 1.76B | 1.80B | 1.83B | 1.64B | 1.35B | Stockholders Equity |
| 3.34B | 3.04B | 2.83B | 2.56B | 2.26B |
| Cash Flow | Free Cash Flow | |||
| 477.25M | 397.82M | 394.61M | 417.02M | 312.19M | Operating Cash Flow |
| 561.43M | 479.71M | 461.82M | 480.31M | 374.16M | Investing Cash Flow |
| -293.58M | -152.35M | -261.50M | -465.07M | -344.29M | Financing Cash Flow |
| -290.27M | -164.50M | -261.82M | 196.84M | -42.66M |
Nice Technical Analysis
Neutral
58270.00
Price Trends
55514.60
Positive
58280.20
Negative
61767.80
Negative
Market Momentum
425.68
Negative
57.53
Neutral
83.77
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:NICE, the sentiment is Neutral. The current price of 58270 is above the 20-day moving average (MA) of 56467.50, above the 50-day MA of 55514.60, and below the 200-day MA of 61767.80, indicating a neutral trend. The MACD of 425.68 indicates Negative momentum. The RSI at 57.53 is Neutral, neither overbought nor oversold. The STOCH value of 83.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IL:NICE.
Nice Peers Comparison
Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Performance Comparison
IL:NICE
Nice
58,270.00
-26,280.00
-31.08%
PERI
Perion Network
9.66
-2.62
-21.34%
SPNS
Sapiens
28.39
-3.74
-11.64%
Nice Earnings Call Summary
Earnings Call Date:Feb 20, 2025
(Q4-2024)
| % Change Since: -6.78%|
Next Earnings Date:May 15, 2025
Earnings Call Sentiment Positive
The earnings call highlighted significant achievements in cloud revenue growth, operating income, and AI leadership with the CXone Mpower platform. However, challenges such as expected seasonal revenue declines, deployment delays in large enterprise deals, and ongoing declines in on-premise revenue were noted. Despite these challenges, the overall outlook remains positive, driven by strong financial performance and strategic positioning in the AI space.Q4-2024 Updates
Positive Updates
Record Cloud Revenue Growth
NICE's cloud revenue grew 24% year-over-year to $534 million in Q4 2024, marking the highest cloud growth on the largest cloud revenue base in the industry. Additionally, cloud revenue represented a record 74% of the total revenue.
Strong Operating Income and EPS Growth
Operating income increased by 22% to $227 million, with the operating margin expanding by 150 basis points to 31.5%. EPS surged 28% year-over-year to $3.02 for Q4 2024.
Robust Free Cash Flow Generation
NICE generated $250 million in operating cash flow in Q4 and a total of $833 million for 2024, marking nearly a 50% increase over the prior year.
AI Leadership with CXone Mpower
CXone Mpower platform, featuring Agentic AI, has been included in 97% of large enterprise deals over $1 million ARR in 2024, indicating strong market adoption.
Negative Updates
Seasonal Revenue Decline Expected in Q1 2025
The first quarter of 2025 is expected to see a sequential decline in revenue due to seasonal factors, with guidance suggesting a range of $693 million to $703 million, representing 6% year-over-year growth at the midpoint.
Slower Customer Ramp-Up
Large enterprise deals are taking longer to deploy, which may result in short-term delays in revenue recognition. This has been factored into the 12% cloud revenue growth guidance for 2025.
Continued Decline in On-Premise Revenue
The transition from on-premise to cloud solutions continues to impact the overall revenue growth, with on-premise services expected to decline further.
Company Guidance
During the fourth quarter of 2024, NICE reported substantial financial achievements, surpassing the high end of revenue guidance and reaching the top end of the EPS range. The company experienced a 24% year-over-year increase in cloud revenue, amounting to $534 million, and a sequential growth of 6.8% from Q3 to Q4. Operating income grew by 22% to $227 million, enhancing the operating margin by 150 basis points to 31.5%. Furthermore, NICE achieved a 28% rise in EPS, reaching $3.02 for the quarter. The company's free cash flow for 2024 totaled $733 million, reflecting a nearly 50% increase over the previous year. Looking ahead to 2025, NICE anticipates a 7% growth in total revenue, with cloud revenue projected to rise by 12%, and expects a 10% increase in EPS. The guidance reflects the company's strategic focus on expanding its AI and cloud platform capabilities while maintaining robust profitability.Nice Corporate Events
NICE to Announce Q4 2024 Financial Results and Host Teleconference
Feb 13, 2025
NICE announced it will report its fourth quarter 2024 financial results on February 20, 2025, with a teleconference scheduled for later that day to discuss the findings. This announcement underscores NICE’s commitment to transparency and may impact investor perceptions and market positioning, as stakeholders gain insights into the company’s financial health and strategic direction.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.