NICE Gains From Stronger AI Demand, Cognigy Acquisition, Oppenheimer Says

MT Newswires Live

Yesterday

NICE (NICE) is seeing stronger AI-driven demand, with the Cognigy acquisition providing further growth potential, Oppenheimer said in a note Wednesday.

The investment firm said its November 2024 downgrade reflected slower cloud growth, AI disruption concerns and rising competition from major hyperscalers. Since then, NICE has missed estimates while investing in AI and integrating Cognigy, which the firm views as a positive acquisition.

Oppenheimer said AI is now becoming a tailwind. The company reported record AI bookings in Q2, with nearly every CXone enterprise deal including AI, and about 75% of Cognigy bookings tied to CXone, according to the note.

AI and Self-Service annual recurring revenue reached $362 million, up 52% year-over-year, with AI accounting for 15% of cloud revenue, the firm added.

"COVID headwinds are behind it and AI is improving its service and demand. Hyperscaler/CRM competition is a risk, but migration inertia is high," the firm said.

Oppenheimer upgraded NICE to outperform from perform, and set a price target at $150.

NICE shares were up about 5.5% in Wednesday trading.

Price: 112.63, Change: +5.82, Percent Change: +5.45

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2671785910"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2671785910\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2671785910?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-30 23:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2671785910","market":"fut","top_or_hot":-1,"title":"NICE Gains From Stronger AI Demand, Cognigy Acquisition, Oppenheimer Says","media":"MT Newswires Live","content":"<html><body><p> NICE (NICE) is seeing stronger AI-driven demand, with the Cognigy acquisition providing further growth potential, Oppenheimer said in a note Wednesday.</p><p>The investment firm said its November 2024 downgrade reflected slower cloud growth, AI disruption concerns and rising competition from major hyperscalers. Since then, NICE has missed estimates while investing in AI and integrating Cognigy, which the firm views as a positive acquisition.</p><p>Oppenheimer said AI is now becoming a tailwind. The company reported record AI bookings in Q2, with nearly every CXone enterprise deal including AI, and about 75% of Cognigy bookings tied to CXone, according to the note.</p><p>AI and Self-Service annual recurring revenue reached $362 million, up 52% year-over-year, with AI accounting for 15% of cloud revenue, the firm added.</p><p>\"COVID headwinds are behind it and AI is improving its service and demand. Hyperscaler/CRM competition is a risk, but migration inertia is high,\" the firm said.</p><p>Oppenheimer upgraded NICE to outperform from perform, and set a price target at $150.</p><p>NICE shares were up about 5.5% in Wednesday trading.</p><p>Price: 112.63, Change: +5.82, Percent Change: +5.45</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NICE Gains From Stronger AI Demand, Cognigy Acquisition, Oppenheimer Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNICE Gains From Stronger AI Demand, Cognigy Acquisition, Oppenheimer Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-30 23:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> NICE (NICE) is seeing stronger AI-driven demand, with the Cognigy acquisition providing further growth potential, Oppenheimer said in a note Wednesday.</p><p>The investment firm said its November 2024 downgrade reflected slower cloud growth, AI disruption concerns and rising competition from major hyperscalers. Since then, NICE has missed estimates while investing in AI and integrating Cognigy, which the firm views as a positive acquisition.</p><p>Oppenheimer said AI is now becoming a tailwind. The company reported record AI bookings in Q2, with nearly every CXone enterprise deal including AI, and about 75% of Cognigy bookings tied to CXone, according to the note.</p><p>AI and Self-Service annual recurring revenue reached $362 million, up 52% year-over-year, with AI accounting for 15% of cloud revenue, the firm added.</p><p>\"COVID headwinds are behind it and AI is improving its service and demand. Hyperscaler/CRM competition is a risk, but migration inertia is high,\" the firm said.</p><p>Oppenheimer upgraded NICE to outperform from perform, and set a price target at $150.</p><p>NICE shares were up about 5.5% in Wednesday trading.</p><p>Price: 112.63, Change: +5.82, Percent Change: +5.45</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4543","symbol_name":"AI","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2671785910","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2671785910","pubTimestamp":1790782625,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"NICE (NICE) is seeing stronger AI-driven demand, with the Cognigy acquisition providing further growth potential, Oppenheimer said in a note Wednesday.The investment firm said its November 2024 downgr","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4543":"AI","CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","ARTY":"ISHARES FUTURE AI & TECH ETF","AGIX":"通用人工智能 ETF-AGIX","VTHR":"Vanguard Russell 3000 ETF","BK4566":"资本集团","NICE":"NICE系统","QTOC":"Innovator Growth Accelerated Plus ETF - October","AIPO":"Defiance AI and Power Infrastructure ETF","BK4023":"应用软件","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC"},"translate_title":"奥本海默表示，人工智能需求强劲、收购 Cognigy 带来了不错的收益","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARTY":1.5,"CHAT":1.5,"AGIX":1.5,"VTHR":1.5,"QTOC":1.5,"NICE":1,"AIPO":1.5},"content_text":"NICE (NICE) is seeing stronger AI-driven demand, with the Cognigy acquisition providing further growth potential, Oppenheimer said in a note Wednesday.The investment firm said its November 2024 downgrade reflected slower cloud growth, AI disruption concerns and rising competition from major hyperscalers. Since then, NICE has missed estimates while investing in AI and integrating Cognigy, which the firm views as a positive acquisition.Oppenheimer said AI is now becoming a tailwind. The company reported record AI bookings in Q2, with nearly every CXone enterprise deal including AI, and about 75% of Cognigy bookings tied to CXone, according to the note.AI and Self-Service annual recurring revenue reached $362 million, up 52% year-over-year, with AI accounting for 15% of cloud revenue, the firm added.\"COVID headwinds are behind it and AI is improving its service and demand. Hyperscaler/CRM competition is a risk, but migration inertia is high,\" the firm said.Oppenheimer upgraded NICE to outperform from perform, and set a price target at $150.NICE shares were up about 5.5% in Wednesday trading.Price: 112.63, Change: +5.82, Percent Change: +5.45","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}