It’s been this year, if the fourth quarter is released 2024 financial, technology company (TASE: NASDAQ: Great) provides real investment, and its price falls motivated. Now, Nice left the annual guidance of income without change, but it raises its guidance for net profit.
Great, that since the beginning of this year was led by Scott Russell (who replace Barak Elamam, the company has been completed by a decade of $ 12.28-12.48. The revenue guide remains at $ 2.918-2.938 billion. For the second quarter, the guide is close to the estimates of analysts, at $ 709-719 million income (7% growth) and income each part of $ 2.93-3.03.
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In the first quarter, it is good to overcome an estimate of analysis. The income grows 6.2% to $ 700 million. Gam-net net net net Gofit 21.5% up to $ 129 million, and non-goap net net profits grow at 7.9% to $ 185 million, or $ 2.87 per part.
“We are pleased to report another strong quarter. The Cloud revenue grows 12% of the first time, including increased growth in income increases,” Russell said. “We also sent the record cash flow to the first quarter, with cash from operations that improve financial development competitors to maintain financial growth to accelerate our long-term growth.” He added that “our self-esteem increases 39% year of year.”
Most of the analysts are positive in stock
At the end of the second quarter, Nice has $ 1.6 billion money, versus debt of $ 459 million. The company announced a shopping purchase program that costs $ 500 million. The price of Share’s flat for the year to date, and fell 25.7% in the last twelve months, in various reasons, between them, and the effect of AI. The NASDAQ company’s market cap and Tel Aviv is $ 10.7 billion. In the peak, at 2021, there is a market cap of $ 20 billion.
According to “The Wall Street Journal”, nineteen analyst covers cover, and most of them give the company positive rating. Fourteen “buy” / “outperform” ratings, five neutral, and do not recommend “sell.” Their price targets are from $ 153 to $ 300 (in 2021, the part of the above $ 300), the average $ 202, representing 19% premium at the present price of NASDAQ.
Published in Globes, Israel News in News – en.globes.co.il – On May 15, 2025.
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