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NICE

NICE
63
Software - Application · Technology
Price
$100.24
-0.13 (-0.13%)
Market Cap
$5.87B
Exchange
NASDAQ
Winston Score
63
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Strong
Growth
Good
Cash Flow
Exceptional
Stability
Exceptional
Valuation
Exceptional

Share count falling — buybacks

5.3% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 66.9M (2021) → 63.3M (2025)

Winston Score History

The full picture

NICE Ltd. is an Israeli software company that helps businesses manage customer service operations. Its main products include tools for call centers, workforce management, and compliance recording — software that helps companies track, analyze, and improve how their employees interact with customers. NICE serves banks, insurance companies, telecom providers, and large enterprises, and it is one of the leading providers of cloud-based contact center software in the world.

NICE makes money primarily through software subscriptions and cloud service contracts, with a growing share of revenue coming from its CXone cloud platform. The company operates globally, with strong presence in North America and Europe, and generates roughly $2.5 billion in annual revenue. Its competitive moat comes from deep integration into customer service workflows and high switching costs once its software is embedded in a company's operations. The key risk is intense competition from companies like Salesforce, Genesys, and Five9 as the contact center software market becomes increasingly crowded.

Politician Trades

2 trades / 12mo

2 Congressional buys and 0 sells on NICE in the last 12 months.

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Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+9.5% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-52.2% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$360M/ year

Flat (-0% vs prior year)

12.2% of revenue

In line with sector average (15%)

Steady R&D investment year-over-year

Insider Activity

0.3%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$358M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

NICE is growing revenue at 9% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
64.0%
Premium pricing power — 64.0% gross margin
Profit after running costs
Operating Margin
13.8%
Healthy — 13.8% operating margin
Return on the money invested
ROCE
15.1%
Strong — 15.1% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

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Growth

Sales growth
Sales YoY
+8.5%
Steady sales growth (+8.5% YoY)
Profit growth
EPS YoY
-18.0%
Earnings shrinking (-18.0% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

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Cash Flow

Profit that turns into cash
Cash Conversion
158%
Turns 158% of profit into real cash
Spare cash per sale
FCF Margin
19.7%
Converts sales into free cash efficiently (19.7%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

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Stability

What it owes vs what it owns
Debt / Equity
0.00
Conservative — low debt load (0.00)
Covers its interest
Interest Cover
100.00x
Comfortably covers interest (100.0x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
14.3x
Attractive valuation — P/E 14.3

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
+7.9
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (14.3 → 6.4)

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Dividends

Not applicable for this business.
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