NICE Ltd. (NASDAQ:NICE) is among the tech stocks to sell according to billionaires. Billionaire stake fell from roughly $116.45 million in Q4 2025 to $40.58 million in Q1 2026, a drop of about $75.87 million.
That pullback came alongside a more cautious analyst view following a closer look at NICE Ltd. (NASDAQ:NICE)’s strategy.
On June 10, 2026, Wedbush lowered its price target on NICE Ltd. (NASDAQ:NICE) to $100 from $120 while keeping a “Neutral” rating on the shares. The call followed the firm’s attendance at NICE’s 2026 Investor Day at Nice World, where management outlined the company’s shift from a seat-based CCaaS provider toward an orchestrated CX-AI platform, with the recently acquired Cognigy now natively integrated into CXone.
CEO Scott Russell told investors the market opportunity is expanding rather than zero-sum, pointing to expanding personal and enterprise AI agents that are driving up interaction volumes, along with an on-premise customer base that has yet to migrate.
Wedbush said it came away more constructive on the platform vision and the AI monetization data presented at the event. Even so, the firm cited a persistent gap between that narrative and NICE Ltd. (NASDAQ:NICE)’s mid-single-digit reported revenue growth rates as the reason it remains on the sidelines.
Wedbush added that many questions still remain about growth and the AI challenges ahead, which it said warrant a lower multiple.
NICE Ltd. (NASDAQ:NICE) offers enterprise software solutions in the areas of financial crime compliance and customer engagement. The company leverages artificial intelligence (AI) to enhance the global customer experience, compliance, and operations.
While we acknowledge the risk and potential of NICE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NICE and that has 10,000% upside potential, check out our report about the cheapest AI stock.
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