NICE Ltd (NICE) Stock Hits Lowest Level Since 2019 as Wall Street Slashes Price Targets After AI-First Pivot
NICE Ltd. shares plunged over 15% Tuesday to their lowest since 2019 after the company announced a $160 million increase in AI spending and warned of lower 2026 margins at its Capital Markets Day. The sell-off followed strong Q3 results but triggered fresh analyst downgrades and erased recent gains, with NICE’s valuation now down more than 30% year-to-date.