NICE Ltd.: Undervalued SaaS With Growing AI Revenue

  • NICE delivered strong Q1 2025 results, with 12% cloud revenue growth and 26% GAAP EPS growth, driven by increased AI and cloud adoption. AI-powered CXone platform and Enlighten AI are key growth drivers, with recent partnerships and upselling boosting contract sizes and customer satisfaction. Valuation remains attractive: NICE trades below SaaS peers on EV/EBITDA despite higher margins and growth, and announced a $500M share repurchase.