Report
William Fitzsimmons
EUR 100.00 For Business Accounts Only

Nice is and will remain a market leader in the WEM and CCaaS industries.

Nice reported its second quarter of fiscal 2018, with both revenue and earnings on par with our expectations, and we are maintaining both our fair value estimate of $108 per share and narrow moat rating. Nice’s cloud revenue grew 27% year over year, continuing to encompass a growing portion of the firm’s total revenue. Longer term, the business is still on pace to produce $500 million in recurring cloud revenue by the end of fiscal 2018, led by the firm’s CXOne platform. We see Nice as a transit...
Underlying
NICE Systems Ltd (ADR)

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
William Fitzsimmons

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