Wedbush Sees Promise in NICE (NICE) AI Platform But Lowers Price Target On Growth Concerns

Wedbush Sees Promise in NICE (NICE) AI Platform But Lowers Price Target On Growth Concerns Faheem Tahir Sat, June 20, 2026 at 9:03 PM GMT+2 2 min read NICE NICE Ltd. (NASDAQ:NICE) is among the tech stocks to sell according to billionaires . Billionaire stake fell from roughly $116.

45 million in Q4 2025 to $40. 58 million in Q1 2026, a drop of about $75. 87 million.

That pullback came alongside a more cautious analyst view following a closer look at NICE Ltd. (NASDAQ:NICE)’s strategy. On June 10, 2026, Wedbush lowered its price target on NICE Ltd.

(NASDAQ:NICE) to $100 from $120 while keeping a “Neutral” rating on the shares. The call followed the firm’s attendance at NICE’s 2026 Investor Day at Nice World, where management outlined the company’s shift from a seat-based CCaaS provider toward an orchestrated CX-AI platform, with the recently acquired Cognigy now natively integrated into CXone. CEO Scott Russell told investors the market opportunity is expanding rather than zero-sum, pointing to expanding personal and enterprise AI agents that are driving up interaction volumes, along with an on-premise customer base that has yet to migrate.

Wedbush Sees Promise in NICE (NICE) AI Platform But Lowers Price Target On Growth Concerns Wedbush said it came away more constructive on the platform vision and the AI monetization data presented at the event. Even so, the firm cited a persistent gap between that narrative and NICE Ltd. (NASDAQ:NICE)’s mid-single-digit reported revenue growth rates as the reason it remains on the sidelines.

Wedbush added that many questions still remain about growth and the AI challenges ahead, which it said warrant a lower multiple. NICE Ltd. (NASDAQ:NICE) offers enterprise software solutions in the areas of financial crime compliance and customer engagement.

The company leverages artificial intelligence (AI) to enhance the global customer experience, compliance, and operations. While we acknowledge the potential of NICE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the   best short-term AI stock .

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