Piper Sandler Reiterates Neutral Rating on NICE Ltd (NICE)

NICE Ltd. (NASDAQ:NICE) is one of the Best Affordable Stocks to Buy According to Analysts. On December 23, Piper Sandler reiterated a Neutral rating on NICE Ltd. (NASDAQ:NICE) with a $122 price target. Earlier on December 16, Siti Panigrahi from Mizuho Securities also reiterated a Buy rating on the stock with a $150 price target.

Piper Sandler noted that they are skeptical regarding the company’s potential to meet its Cloud targets for 2028 without significant mergers and acquisitions. The firm added that the recent acquisition of Cognigy is a strategic move that has placed NICE Ltd. (NASDAQ:NICE) attractively in the conversational AI market.

A data scientist sitting in front of a monitor to review the performance of AI-driven digital business solutions.

According to Piper Sandler, the key growth drivers for the company include expansion, significant M&A activity, and new businesses. The firm added that for the company to achieve its aggressive targets, it needs to employ a combination approach applying all the growth drivers.

That said, NICE Ltd. (NASDAQ:NICE) is set to release its fiscal Q4 2025 results on February 19. Wall Street expects the company to post roughly $779.94 million in revenue along with $2.83 in GAAP EPS.

Here’s what Parnassus Value Equity Fund stated regarding NICE Ltd. (NASDAQ:NICE) in its third quarter 2025 investor letter:

“NICE Ltd. (NASDAQ:NICE), a software company providing contact center solutions, lost investor confidence due to concerns over AI disruption. However, we believe that the company should see AI transform their business model and drive long-term growth.”

​NICE Ltd. (NASDAQ:NICE) is an international enterprise software provider that provides software that helps businesses improve customer interactions and prevent financial crimes.

While we acknowledge the potential of NICE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NICE and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.