NICE Ltd. keeps strong growth but trades at deep discount with upside if margins improve

NICE Ltd. maintains a Strong Buy rating due to steady revenue growth, a 46% increase in AI annual recurring revenue, and a growing CXone backlog. Despite challenges like margin compression and integration costs, the company reaffirmed its 2026 revenue guidance and raised its non-GAAP EPS forecast to $11.12–$11.32. Its valuation remains significantly undervalued, with forward EV/EBITDA and P/E multiples over 50% below sector medians, suggesting substantial upside if margins recover. Continued international expansion and AI-driven growth are positive, but improving backlog conversion and margins are key to unlocking full valuation potential.

NICE Ltd. holds a market capitalization of $5.65 billion and an enterprise value of $5.38 billion as of Nov 07, 2026, 21:11 WIB. The stock is trading at USD 96.15 with a modest 0.16% increase on the day, supported by a trading volume of 611,457 shares on Pluang. This steady trading activity and valuation context provide a backdrop to the company's ongoing efforts in AI revenue growth and margin recovery.