N

NiCE

Builds AI software for customer service

Overview

NiCE builds cloud software that lets businesses run customer service across phone calls, messaging and digital channels, alongside tools for financial crime prevention. Its CXone platform combines contact routing, automated self-service and workforce management so companies manage service teams and customer requests in one system. Cognigy supplies conversational AI agents, while Actimize analyzes transactions and communications for fraud and compliance teams. Customers pay through cloud subscriptions and usage fees, software licenses, support and implementation services. Founded in 1986, it maintains headquarters in Ra'anana, Israel, and Hoboken, New Jersey.

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About NiCE

Simplify's Rating
Why NiCE is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsConsultingEnterprise SoftwareAI & Machine Learning

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Ra'anana, Israel

Founded

1986

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Simplify's take

What believers are saying

  • Cloud demand supports expansion: NiCE reported 12.6% yearly cloud revenue growth in August 2026.
  • AI reaches major deals: February 2026 reporting put AI in every new seven-figure CXone deal during 2025.
  • Employees get scheduled flexibility: NiCE advertises three remote days weekly for roles covered by its hybrid model.

What critics are saying

  • Profitability weakened: NiCE's August 2026 report showed adjusted operating margin falling to 25.3% from 30.2% a year earlier.
  • Sales remain concentrated: the Americas supplied about 84% of NiCE's revenue in its 2025 annual report.
  • Actimize staff face ownership uncertainty: September 2026 reporting described exclusive sale talks with Brookfield.

What makes NiCE unique

  • NiCE protects specialized technology: its 2025 annual report lists 598 U.S. patents.
  • NiCE extends customer systems: CXone's marketplace contains over 200 pre-integrated apps.
  • NiCE measures soft skills at scale: Fifth Third uses behavior scoring across its 1,500-agent contact center.

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Funding

Total Funding

$158M

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison Coming Soon

Benefits

  • Hybrid Work Options
  • Flexible Work Hours

Stock Price

Company News

The Lincolnian Online
Nov 2nd, 2026
NiCE (NICE) expected to release earnings on Wednesday.

NiCE (NICE) expected to release earnings on Wednesday. NiCE (NASDAQ:NICE - Get Free Report) is projected to post its Q3 2026 results before the market opens on Wednesday, November 4th. Analysts expect NiCE to announce earnings of $2.78 per share and revenue of $785.75 million for the quarter. NiCE has set its FY 2026 guidance at 11.060-11.260 EPS and its Q3 2026 guidance at 2.730-2.830 EPS. Investors can find conference call details on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 8:30 AM ET. NiCE (NASDAQ:NICE - Get Free Report) last released its earnings results on Wednesday, August 5th. The technology company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.07. NiCE had a return on equity of 15.46% and a net margin of 13.86%. The company had revenue of $782.29 million for the quarter, compared to the consensus estimate of $766.27 million. During the same period in the previous year, the business earned $3.01 earnings per share. NiCE's quarterly revenue was up 7.7% compared to the same quarter last year. On average, analysts expect NiCE to post $8.60 EPS for the current fiscal year and $9.74 EPS for the next fiscal year. NiCE stock up 0.5%. NASDAQ:NICE traded up $0.60 during trading hours on Monday, hitting $114.36. 64,363 shares of the stock traded hands, compared to its average volume of 677,191. The stock has a 50 day moving average price of $110.66 and a 200 day moving average price of $105.11. The company has a market cap of $6.68 billion, a price-to-earnings ratio of 16.58, a price-to-earnings-growth ratio of 1.24 and a beta of 0.77. NiCE has a 1 year low of $83.10 and a 1 year high of $138.58. Insiders place their bets. In other NiCE news, VP Udi Dayan sold 500 shares of the business's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $100.00, for a total transaction of $50,000.00. Following the transaction, the vice president owned 500 shares in the company, valued at $50,000. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.02% of the stock is owned by company insiders. Wall street analysts forecast growth. NICE has been the subject of a number of research reports. DA Davidson upped their target price on shares of NiCE from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Rosenblatt Securities reaffirmed a "buy" rating and set a $130.00 price target on shares of NiCE in a research note on Thursday, August 6th. Yorkville Ives began coverage on shares of NiCE in a research report on Monday, October 5th. They set an "in-line" rating and a $125.00 price objective for the company. Weiss Ratings upgraded shares of NiCE from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, October 2nd. Finally, Oppenheimer upgraded shares of NiCE from a "market perform" rating to an "outperform" rating and set a $150.00 target price on the stock in a research report on Wednesday, September 30th. Eight equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $131.71. NiCE company profile. NICE Ltd. (NASDAQ: NICE) is a technology company that provides cloud-based software and artificial intelligence solutions for customer experience, employee engagement, and business operations. Its platforms help organizations manage customer interactions across voice, digital, and other communication channels while using analytics and automation to improve service and operational performance. The company's portfolio includes NICE CXone, a cloud customer experience platform that supports contact-center operations, workforce management, analytics, and digital engagement. Receive News & Ratings for NiCE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NiCE and related companies with MarketBeat.com's FREE daily email newsletter.

Business Wire
Oct 28th, 2026
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iTWire
Oct 26th, 2026
NiCE appoints Rajesh Shriyan as Chief Information Officer to accelerate enterprise-wide AI transformation.

NiCE appoints Rajesh Shriyan as Chief Information Officer to accelerate enterprise-wide AI transformation. NiCE | Published 26 Oct 2026 NiCE the world's leading AI-powered customer experience (CX) platform provider, today announced the appointment of Rajesh Shriyan as Chief Information Officer (CIO). Shriyan will lead NiCE's global information technology organisation, reporting directly to Arun Chandra, Chief Operating Officer of NiCE. Shriyan brings more than 25 years of enterprise technology leadership spanning AI, data, cloud, enterprise architecture, business applications and large-scale transformation. He joins NiCE from NetApp, where he most recently served as Vice President of AI, Data, Enterprise Architecture & Applications. "Rajesh has a proven record of turning AI and technology into measurable business outcomes at enterprise scale," said Arun Chandra, Chief Operating Officer, NiCE. "As NiCE helps the world's leading brands put AI at the center of every customer interaction, we are holding ourselves to the same standard. Rajesh's experience leading enterprise transformation and scaling responsible AI adoption makes him the right leader to strengthen our operational foundation as we enter our next phase of growth." At NetApp, Shriyan led a global organisation of technology leaders, architects, subject-matter experts and delivery partners. He scaled the company's AI Center of Excellence, delivered business-focused AI solutions, and enabled responsible AI adoption for more than 10,000 employees. Over a 15-year tenure at NetApp, he also served as Chief Architect, leading enterprise architecture and data analytics. Before NetApp, he spent more than a decade as an IT architect at Cisco Systems. As CIO, Shriyan will oversee NiCE's enterprise applications, data, infrastructure, and IT services. He will play a central role in advancing the company's internal AI transformation and modernizing core business processes, including its quote-to-cash operations. "NiCE is defining what AI-powered customer experience looks like, and I'm excited to help bring that same AI-first approach to how we run the company," said Rajesh Shriyan, Chief Information Officer, NiCE. "My focus will be on giving our teams the data, platforms and AI capabilities they need to move faster, work smarter and deliver even greater value to our customers and partners." Shriyan holds a Bachelor of Engineering from K. J. Somaiya College of Engineering in Mumbai. He is based in the Raleigh-Durham, North Carolina area. With this appointment, NiCE continues to build a leadership team that pairs deep AI expertise with operational discipline, advancing its vision of AI that puts people first.

TechDay
Oct 21st, 2026
NiCE named Gartner CCaaS leader as AI revenue jumps.

NiCE named Gartner CCaaS leader as AI revenue jumps. Thu, 22nd Oct 2026 NiCE has been named a Leader in the 2026 Gartner Magic Quadrant for Contact Centre as a Service and was placed furthest among providers for Completeness of Vision. The recognition comes as NiCE reported continued growth in its artificial intelligence business. AI annual recurring revenue reached USD $362 million in the second quarter, up 52% from a year earlier, and now accounts for 15% of cloud revenue. NiCE, which sells cloud-based customer service software, linked the ranking to a broader shift in the contact centre market as businesses combine AI tools with human agents in customer support operations. Demand, it said, is moving beyond pilot projects to larger deployments across enterprise operations. The quarter also marked a record period for AI bookings, driven by NiCE Cognigy, its AI offering for customer service automation. Several large organisations were cited as users of the technology in live production settings, including Openreach, Toyota, Lufthansa Group and Tripadvisor. At Openreach, NiCE said AI agents reduced missed appointments and inbound contact volumes by one-third. At Toyota, 95% of customers offered the AI service chose to book directly with an AI agent. Lufthansa Group uses AI agents to handle more than 16 million customer conversations a year, according to NiCE. Tripadvisor, meanwhile, moved AI voice agents from concept to live calls in 2.5 months. Market shift The contact centre software sector has become a focal point for AI investment as companies look to automate more customer interactions while keeping human staff involved in more complex cases. Vendors increasingly describe the next phase of the market as mixed environments in which AI systems and human agents work together on the same platform. That shift has also changed how suppliers talk about performance, with greater emphasis on business outcomes and handling end-to-end customer requests rather than simple measures such as call volumes or agent activity. Scott Russell, Chief Executive Officer of NiCE, said the company's experience serving large organisations had shaped its position in the market. "We got here by running customer service for the world's most demanding enterprises for decades, and by building the AI to match it," said Scott Russell, Chief Executive Officer, NiCE. Russell said the company sees customer service moving beyond the traditional contact centre model. "The contact center was where customer service lived. It is no longer where it ends. What matters now is one platform, where every interaction is handled by the right agent, human or AI, and every enterprise can run customer service as a single, accountable operation," he said. Enterprise focus The latest figures suggest NiCE is trying to show that AI adoption in customer service has reached a more commercial stage among large corporate buyers. By highlighting recurring revenue and named deployments, it is pointing to established contracts rather than early trials. That matters in a market where software groups are under pressure to show AI products can generate sustained revenue rather than experimental spending. Contact centre providers have been competing to demonstrate both technological progress and evidence of use at scale. NiCE said enterprises now need systems that combine AI agents, human agents, workflows and real-time context in a single operating model. It argued that customer service teams are being asked to manage AI securely and with stronger governance as automated interactions expand. The latest ranking gives NiCE a prominent position in a competitive CCaaS market, where providers are trying to win larger cloud contracts from global businesses. The company's comments and financial indicators suggest AI performance has become a central measure of that competition, with AI annual recurring revenue of USD $362 million and deployments at Openreach, Toyota, Lufthansa Group and Tripadvisor.

IT Brief India
Oct 21st, 2026
NiCE named Gartner CCaaS leader as AI revenue jumps.

NiCE named Gartner CCaaS leader as AI revenue jumps. Wed, 21st Oct 2026 NiCE has been named a Leader in the 2026 Gartner Magic Quadrant for Contact Centre as a Service and was placed furthest among providers for Completeness of Vision. The recognition comes as NiCE reported continued growth in its artificial intelligence business. AI annual recurring revenue reached USD $362 million in the second quarter, up 52% from a year earlier, and now accounts for 15% of cloud revenue. NiCE, which sells cloud-based customer service software, linked the ranking to a broader shift in the contact centre market as businesses combine AI tools with human agents in customer support operations. Demand, it said, is moving beyond pilot projects to larger deployments across enterprise operations. The quarter also marked a record period for AI bookings, driven by NiCE Cognigy, its AI offering for customer service automation. Several large organisations were cited as users of the technology in live production settings, including Openreach, Toyota, Lufthansa Group and Tripadvisor. At Openreach, NiCE said AI agents reduced missed appointments and inbound contact volumes by one-third. At Toyota, 95% of customers offered the AI service chose to book directly with an AI agent. Lufthansa Group uses AI agents to handle more than 16 million customer conversations a year, according to NiCE. Tripadvisor, meanwhile, moved AI voice agents from concept to live calls in 2.5 months. Market shift The contact centre software sector has become a focal point for AI investment as companies look to automate more customer interactions while keeping human staff involved in more complex cases. Vendors increasingly describe the next phase of the market as mixed environments in which AI systems and human agents work together on the same platform. That shift has also changed how suppliers talk about performance, with greater emphasis on business outcomes and handling end-to-end customer requests rather than simple measures such as call volumes or agent activity. Scott Russell, Chief Executive Officer of NiCE, said the company's experience serving large organisations had shaped its position in the market. "We got here by running customer service for the world's most demanding enterprises for decades, and by building the AI to match it," said Scott Russell, Chief Executive Officer, NiCE. Russell said the company sees customer service moving beyond the traditional contact centre model. "The contact center was where customer service lived. It is no longer where it ends. What matters now is one platform, where every interaction is handled by the right agent, human or AI, and every enterprise can run customer service as a single, accountable operation," he said. Enterprise focus The latest figures suggest NiCE is trying to show that AI adoption in customer service has reached a more commercial stage among large corporate buyers. By highlighting recurring revenue and named deployments, it is pointing to established contracts rather than early trials. That matters in a market where software groups are under pressure to show AI products can generate sustained revenue rather than experimental spending. Contact centre providers have been competing to demonstrate both technological progress and evidence of use at scale. NiCE said enterprises now need systems that combine AI agents, human agents, workflows and real-time context in a single operating model. It argued that customer service teams are being asked to manage AI securely and with stronger governance as automated interactions expand. The latest ranking gives NiCE a prominent position in a competitive CCaaS market, where providers are trying to win larger cloud contracts from global businesses. The company's comments and financial indicators suggest AI performance has become a central measure of that competition, with AI annual recurring revenue of USD $362 million and deployments at Openreach, Toyota, Lufthansa Group and Tripadvisor.

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