From Yahoo Finance: 2025-05-21 13:43:00

Citizens JMP Analyst Patrick Walravens maintains a Market Perform rating on NICE Ltd. (NASDAQ: NICE) with a price target of $300 after positive Q1 FY2025 earnings, with revenue reaching $700.13 million and EPS at $2.87, driven by a 12% increase in cloud revenue from AI offerings like CXone Mpower platform.

NICE CEO Scott Russell reports a 39% rise in AI and self-service revenue in Q1, reflecting market trend alignment towards automation and AI-driven customer service solutions. NICE raises full-year 2025 earnings guidance to $12.28-$12.48 and expects Q2 revenue between $709 million and $719 million, a 7% growth from last year.

NICE Ltd. (NASDAQ: NICE) provides AI-driven cloud platforms for business solutions, integrating AI and ML in customer experience, workforce optimization solutions, and contact centers. The company’s robust development and alignment with market trends highlight its potential for growth in the AI sector.

While acknowledging NICE’s growth potential, some AI stocks may offer higher returns with limited downside risk. For an AI stock with 100x upside potential, explore an alternative option to NICE. Check out our report on the cheapest AI stock for more promising investment opportunities.



Read more at Yahoo Finance: Citizens JMP Reiterates Market Perform Rating on NICE Ltd. (NICE)