| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | 1 | — |
| total | individual payouts | |
|---|---|---|
| 2026 | ‡‡‡‡‡ |
|
| 2025 | ‡‡‡‡‡ |
|
| 2024 | ‡‡‡‡‡ |
|
| 2023 | ‡‡‡‡ |
|
| 2022 | ‡‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡‡ |
|
| 2019 | ‡‡‡‡ |
|
| 2018 | ‡‡‡‡ |
|
| 2017 | 0.16 |
—
|
| 2016 | 0.64 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 1,529.76 | 1,621.71 | 417.40 | 354.69 |
| Receivables | 585.15 | 643.99 | 737.95 | 836.59 |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 2,312.88 | 2,504.77 | 1,379.13 | 1,468.45 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 66.04 | 110.60 | 100.78 | 104.10 |
| ST’ Debt | 209.23 | 458.79 | — | — |
| Other | — | — | — | — |
| 1,120.32 | 1,474.42 | 887.63 | 1,104.90 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 768.62 | 782.29 | — | — |
—
|
| ’25 | 700.19 | 726.71 | 732.00 | 786.50 |
2,945.40
|
| ’24 | 659.31 | 664.40 | 689.96 | 721.60 |
2,735.27
|
| ’23 | 571.86 | 581.11 | 601.34 | 623.19 |
2,377.51
|
| ’22 | 527.43 | 530.58 | 554.72 | 568.56 |
2,181.29
|
| ’21 | 455.02 | 456.83 | 493.83 | 515.47 |
1,921.15
|
| ’20 | 410.43 | 393.18 | 409.83 | 434.58 |
1,648.02
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 179.25 | 122.66 | — | — |
—
|
| ’25 | 285.07 | 61.32 | 190.50 | 179.66 |
716.55
|
| ’24 | 254.49 | 169.67 | 158.96 | 249.52 |
832.64
|
| ’23 | 195.07 | 65.25 | 120.61 | 180.50 |
561.43
|
| ’22 | 192.71 | 16.03 | 94.27 | 176.71 |
479.72
|
| ’21 | 164.24 | 81.44 | 103.48 | 112.66 |
461.82
|
| ’20 | 154.82 | 59.58 | 99.03 | 166.87 |
480.31
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 148.79 | 93.12 | — | — |
—
|
| ’25 | 264.64 | 38.61 | 163.58 | 155.98 |
622.80
|
| ’24 | 228.03 | 147.98 | 131.73 | 225.14 |
732.87
|
| ’23 | 167.83 | 46.25 | 102.62 | 160.55 |
477.25
|
| ’22 | 172.46 | (2.34) | 74.77 | 152.94 |
397.83
|
| ’21 | 151.79 | 59.65 | 84.61 | 98.55 |
394.61
|
| ’20 | 135.90 | 41.85 | 85.25 | 154.03 |
417.02
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.77 | 1.40 | — | — |
—
|
| ’25 | 2.01 | 2.96 | 2.29 | 2.41 |
9.67
|
| ’24 | 1.60 | 1.76 | 1.86 | 1.54 |
6.76
|
| ’23 | 1.15 | 1.31 | 1.39 | 1.24 |
5.11
|
| ’22 | 0.87 | 0.99 | 1.07 | 1.07 |
4.00
|
| ’21 | 0.78 | 0.67 | 0.70 | 0.76 |
2.98
|
| ’20 | 0.71 | 0.68 | 0.76 | 0.83 |
2.98
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 164.65 | 149.54 | 151.52 | 99.00 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 306.12 | 231.54 | 270.73 | 180.61 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,926 | 8,384 | 8,726 | 9,626 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.28 | 0.28 | 0.31 | 0.31 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,181.29 | 2,377.51 | 2,735.27 | 2,945.40 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 68.66% | 67.69% | 66.75% | 66.41% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 345.33 | 457.70 | 604.83 | 704.02 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.83% | 19.25% | 22.11% | 23.90% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 265.95 | 338.30 | 442.59 | 612.10 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 189.45 | 174.46 | 196.99 | 201.72 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 34.19 | 37.39 | 43.09 | 47.25 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 4.17 | 5.32 | 6.97 | 9.82 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.52 | 8.83 | 13.12 | 11.50 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.28) | (1.32) | (1.57) | (1.50) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 6.24 | 7.51 | 11.54 | 9.99 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 47.90 | 52.75 | 56.76 | 62.19 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 63.79 | 63.59 | 63.48 | 62.33 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 45.82 | 36.23 | 24.37 | 11.51 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.59 | 5.16 | 3.94 | 2.39 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.99 | 3.65 | 2.99 | 1.82 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.12 | 4.79 | 3.68 | 2.56 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28.05 | 23.87 | 13.75 | 12.12 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 479.72 | 561.43 | 832.64 | 716.55 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (81.89) | (84.18) | (99.77) | (93.75) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 397.83 | 477.25 | 732.87 | 622.80 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,275.92 | 1,192.56 | 1,030.35 | 491.51 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 664.67 | 666.31 | 458.79 | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,029.19) | (863.45) | (1,162.92) | (417.40) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3,055.42 | 3,354.50 | 3,603.16 | 3,876.53 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.56% | 6.78% | 8.50% | 11.77% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.34% | 10.92% | 13.98% | 11.67% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.03% | 10.56% | 12.72% | 16.37% | — | — | — |
ROE
|
NICE Ltd. (NICE), a leader in AI-powered customer engagement and analytics software, has delivered impressive long-term growth with revenue compounding at ~13% CAGR from $1.02 billion in 2016 to $2.74 billion in 2024, driven by cloud adoption and digital transformation accelerated by COVID-19. The company boasts a fortress balance sheet with a $1.16 billion net cash position, free cash flow surging 54% to $733 million, and expanding profitability—EBT margins up to 22.11% and EPS rising 31% to $6.97—fueled by AI efficiencies and operational leverage, even as employee productivity soared 21%.
Despite fundamentals strengthening, NICE’s stock has compressed dramatically, down ~60% from 2021 highs amid macro headwinds, trading at historically low multiples like 24x PE, 3.94x PS, and 13.75x EV/FCF—versus peers and its own history—implying significant undervaluation after revenue more than doubled since 2020. Analyst forecasts project revenue reaching $3.53 billion by 2027 (~9% CAGR) and EPS around $10, with consensus price targets signaling ~52% upside potential (up to 93% high-end).
This setup positions NICE for a re-rating, mirroring post-dotcom SaaS recoveries, backed by AI roadmaps like Genie Copilot, robust ROIC at 14%, and Monte Carlo odds favoring outperformance—though risks like geopolitics, forex, and competition warrant monitoring Q1 2026 bookings.
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