Nice reported strong earnings but the market reacted negatively, despite growth in key areas

From Yahoo Finance: 2025-05-15 13:09:00

Specialized cloud platform provider Nice reported strong earnings, with a 12% increase in core cloud unit sales and a 39% growth in AI-related sales. Despite this, the market reacted negatively to the news. Nice also announced a $500 million buyback plan after repurchasing $250 million worth of shares in Q1. The company’s cloud platforms cater to customer experience, financial crime, compliance, and public safety, with revenue from AI and self-service rising by 39% in Q1. Nice is trading at 18 times free cash flow and remains a leader in its niche markets, making it a potential growth stock.



Read more at Yahoo Finance: Why Nice Stock Sank Today