Nice Ltd's stock surged 11.64% during intraday trading on Thursday, following the release of its fourth-quarter financial results that exceeded market expectations.
The company reported adjusted earnings per share of $3.24, beating consensus estimates, with revenue reaching $786.5 million. Strong demand for its AI-native platform drove a 66% year-over-year increase in AI annual recurring revenue, while cloud revenue grew 14%. The company also announced a new $600 million share repurchase program, signaling confidence in its financial position.
Positive guidance for 2026, with expected cloud revenue growth of 14.5%-15.0%, and an accelerating cloud backlog growth of 25% year-over-year further contributed to investor optimism, driving the significant price appreciation.