NEWEarnings
NICE (NICE) Shares See Price Target Cut to $100 Amid Growth Concerns
Published on 6/20/2026
AI Summary
NICE Ltd. (NASDAQ:NICE) experienced a decline in billionaire stake from approximately $116.45 million in Q4 2025 to $40.58 million in Q1 2026, totaling a loss of about $75.87 million. On June 10, 2026, Wedbush lowered its price target on NICE shares from $120 to $100 while maintaining a 'Neutral' rating. This adjustment follows concerns regarding NICE's mid-single-digit revenue growth rates compared to its ambitious AI platform strategy. Analysts noted that despite promising potential in AI monetization, questions about growth and challenges remain, impacting market perceptions.
