Why Nice Stock Is Soaring Today
Shares of leading enterprise software provider Nice (NASDAQ: NICE) were up 11% as of 11 a.m. ET on Thursday following the company's fourth-quarter earnings release. Nice beat Wall Street's estimates on both the top and bottom lines, growing sales and adjusted earnings per share by 9% and 7%. While management's guidance for 8% sales growth and $11 in EPS for 2026 fell slightly short of analysts' expectations, the stock nonetheless popped thanks to a critical metric that stole the show.
With its stock down 15% in 2026 before today's move, Nice had sold off alongside an seemingly endless list of software stocks, as the market weighed whether they could survive AI's rise to prominence. However, CEO Scott Russell announced, "AI ARR increased 66% year over year to $328 million, and AI was included in 100% of our new seven-figure CXone deals for the full year 2025, underscoring strong enterprise demand for our AI-native platform." These strong AI-powered results seemed to have temporarily quelled the market's fears today.
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Source Fool.com
