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Investing.com - DA Davidson has reiterated its Neutral rating and $150.00 price target on NICE Systems Ltd (NASDAQ:NICE) following the company’s third-quarter 2025 results. The price target represents about 13% upside from NICE’s current price of $133.19, though InvestingPro data suggests the stock is significantly undervalued based on its Fair Value assessment.
NICE Systems reported third-quarter top-line results that exceeded expectations, including one month of contributions from its Cognigy acquisition. Core cloud bookings increased by 13%, or 15% when including Cognigy, showing improvement compared to historical levels.
The company’s updated 2025 full-year guidance primarily reflects the impact of the Cognigy acquisition, which is expected to have a dilutive effect on operating margins in the near term.
DA Davidson maintained its Neutral rating and $150 price target, which represents 11 times the company’s projected 2026 free cash flow. InvestingPro data shows NICE has a strong 9% free cash flow yield and excellent financial health with a 3.17 overall score. The company also holds more cash than debt and has been aggressively buying back shares.
NICE Systems plans to provide commentary on its 2026 outlook and midterm financial framework during its upcoming capital markets day on Monday, November 17th. Investors can access NICE’s comprehensive Pro Research Report, along with 8 additional ProTips and extensive financial metrics through InvestingPro.
In other recent news, NICE Ltd. reported third-quarter revenue that surpassed analyst expectations. This positive financial performance has garnered attention from investors and market observers. Although the specific revenue figures were not disclosed, the fact that NICE exceeded the forecasts is a significant indicator of its current business momentum. The company’s shares were noted to have increased in pre-market trading following the announcement, reflecting investor confidence in the financial results. These developments are part of a broader landscape of recent activities and assessments concerning the company. As analysts continue to evaluate NICE’s performance, the latest earnings report stands out as a key highlight.
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