Added to YB: 2024-06-07
Pitch date: 2024-06-06
NICE [bullish]
NICE Ltd.
-57.97%
current return
Author Info
No bio for this author
Company Info
NICE Ltd., together with its subsidiaries, provides AI-powered cloud platforms for customer engagement, and financial crime and compliance in the United States, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
ILS 5.0B
Pitch Price
ILS 636.00
Price Target
275.00 (+3%)
Dividend
N/A
EV/EBITDA
5.55
P/E
10.11
EV/Sales
1.59
Sector
Software
Category
growth
Oversold and Undervalued: Why NICE Ltd. Is Set for a Strong Rebound
NICE: Oversold (RSI 19) on concerns post-Q1. Guiding revs +15% to $2.7B (cloud organic +18%), $670M FCF, $1.1B cash, 11.5x '25 EV/FCF. $42M buyback of $300M auth. SBC 7% revs. AI deals +200%, ARPU +40%. 6/11 analyst day to alleviate fears on MSFT AI, CEO exit. Margins near $CRM at 69% cloud GM (75% in 3-5yr). Trough 15x fwd FCF (+25%), PT $275 (+72%) at 20x. AI upside.
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