Added to YB: 2024-06-07
Pitch date: 2024-06-06
NICE [bullish]
NICE Ltd.
-43.87%
current return
Author Info
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Company Info
NICE Ltd., together with its subsidiaries, provides AI-powered cloud platforms for customer engagement, and financial crime and compliance worldwide.
Market Cap
ILS 6.5B
Pitch Price
ILS 636.00
Price Target
275.00 (-23%)
Dividend
N/A
EV/EBITDA
7.34
P/E
12.03
EV/Sales
2.14
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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