<p>NICE（TASE:NICE）悄然转变为一个逆向投资故事，尽管收入和净利润持续稳定增长，但过去一年股价下跌约 45%。</p>
<p>请查看我们对 NICE 的最新分析。</p>
<p>这种背景有助于解释最近一个月约 8% 的股价回报为何更像是长期低迷的股东回报中的短期反弹，而不是情绪的全面转变。</p>
<p>如果 NICE 让你重新思考增长和估值可能如何重新对齐，现在可能是探索高增长科技和人工智能股票作为潜在替代品的好时机。</p>
<p>随着基本面仍在增长，而股价远低于分析师目标，NICE 现在是否成为一个显而易见的被低估的人工智能和云客户体验领导者，还是市场已经在折扣其未来增长？</p>
<h2>最受欢迎的叙述：52.6% 被低估</h2>
<p>NICE 最近收盘价为₪355.3，而叙述的公允价值接近₪750，这一差距取决于持续的盈利扩张和更高的未来盈利假设。</p>
<blockquote>
<p><em>对人工智能驱动的客户体验解决方案需求的快速增长，体现在人工智能和自助服务年收入增长 42% 以及即将整合 Cognigy 的对话式人工智能能力，提供了持续增加高利润、经常性云收入和扩展 ARPU 的可见性。</em></p>
</blockquote>
<p>阅读完整叙述。</p>
<p>想看看是什么推动了这种激进的上行案例吗？它依赖于复合订阅增长、上升的利润率和假设持久领导地位的未来盈利倍数。想知道哪些具体预测将这一差距转变为看似合理的公允价值，而不是空想？继续阅读以了解那些承担重任的假设。</p>
<p><strong>结果：公允价值为₪750.02（被低估）</strong></p>
<p>完整阅读叙述，了解预测背后的内容。</p>
<p>然而，来自重云投资的持续利润压力和收购客户的高流失率可能会减缓盈利进展，并挑战这一乐观的估值路径。</p>
<p>了解这一 NICE 叙述的关键风险。</p>
<h2>自建 NICE 叙述</h2>
<p>如果你对这个故事有不同看法，或者想自己进行数字压力测试，你可以在几分钟内构建个性化的论点：按你的方式来。</p>
<p>你对 NICE 研究的一个很好的起点是我们的分析，强调 4 个关键回报和 1 个可能影响你投资决策的重要警示信号。</p>
<h2>准备好更多高信念的想法了吗？</h2>
<p>在你继续之前，考虑通过新鲜的数据驱动短名单锁定你的下一个观察名单候选者，许多投资者可能要到稍后才会审查。</p>
<ul>
<li>通过针对这些 3627 只财务状况良好的便士股票，识别早期动量，这些股票已经凭借现有的收入实力和改善的资产负债表支持其小市值。</li>
<li>通过关注这些 24 只参与模型训练、推理工作负载和自动化相关需求的人工智能便士股票，探索人工智能基础设施主题。</li>
<li>通过筛选这些 913 只基于现金流的被低估股票，审查潜在的价值机会，这些股票的现金流和基本面似乎强于当前市场预期。</li>
</ul>
<p><em>这篇文章由 Simply Wall St 撰写，内容一般。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成买入或卖出任何股票的推荐，也未考虑你的目标或财务状况。我们的目标是为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
<p>移动基础设施用于国防和灾难</p>
<p>下一波机器人技术不是类人型的。它是完全自主的塔楼，在 30 分钟内提供 5G、ISR 和雷达，随处可达。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>由 CiTech 赞助</p>

NICE

<p>NICE (TASE:NICE) 在过去一年中股价下跌了 45%，尽管其收入和净利润持续增长。最近股价月度上涨 8% 被视为短期反弹。分析师认为 NICE 被低估，合理价值为 ₪750.02，主要受益于人工智能和云客户体验的增长。然而，风险包括利润率压力和客户流失。投资者被鼓励探索高增长的科技和人工智能股票作为替代选择</p>

<p>NICE (TASE:NICE) has quietly turned into a contrarian story, with the share price down roughly 45% over the past year even as revenue and net income continue to grow at a steady clip.</p>
<div class="lb-trans"><p>NICE（TASE:NICE）悄然转变为一个逆向投资故事，尽管收入和净利润持续稳定增长，但过去一年股价下跌约 45%。</p>
</div><p>See our latest analysis for NICE.</p>
<div class="lb-trans"><p>请查看我们对 NICE 的最新分析。</p>
</div><p>That backdrop helps explain why the recent 1 month share price return of about 8 percent looks more like a short term rebound within a longer stretch of weak total shareholder returns, rather than a full shift in sentiment just yet.</p>
<div class="lb-trans"><p>这种背景有助于解释最近一个月约 8% 的股价回报为何更像是长期低迷的股东回报中的短期反弹，而不是情绪的全面转变。</p>
</div><p>If NICE has you rethinking where growth and valuation might realign next, this could be a good moment to explore high growth tech and AI stocks as potential alternatives.</p>
<div class="lb-trans"><p>如果 NICE 让你重新思考增长和估值可能如何重新对齐，现在可能是探索高增长科技和人工智能股票作为潜在替代品的好时机。</p>
</div><p>With fundamentals still growing and the share price languishing well below analyst targets, is NICE now a mispriced AI and cloud CX leader in plain sight, or is the market already discounting its future growth?</p>
<div class="lb-trans"><p>随着基本面仍在增长，而股价远低于分析师目标，NICE 现在是否成为一个显而易见的被低估的人工智能和云客户体验领导者，还是市场已经在折扣其未来增长？</p>
</div><h2>Most Popular Narrative: 52.6% Undervalued</h2>
<div class="lb-trans"><h2>最受欢迎的叙述：52.6% 被低估</h2>
</div><p>With NICE last closing at ₪355.3 against a narrative fair value near ₪750, the gap hinges on sustained earnings expansion and richer future profitability assumptions.</p>
<div class="lb-trans"><p>NICE 最近收盘价为₪355.3，而叙述的公允价值接近₪750，这一差距取决于持续的盈利扩张和更高的未来盈利假设。</p>
</div><blockquote>
<p><em>The rapid growth in demand for AI-driven customer experience solutions, manifested by 42% year over year growth in AI and self-service ARR and the upcoming integration of Cognigy's conversational AI capabilities, provides visibility into sustained increases in high margin, recurring cloud revenue and expanded ARPU.</em></p>
</blockquote>
<div class="lb-trans"><blockquote>
<p><em>对人工智能驱动的客户体验解决方案需求的快速增长，体现在人工智能和自助服务年收入增长 42% 以及即将整合 Cognigy 的对话式人工智能能力，提供了持续增加高利润、经常性云收入和扩展 ARPU 的可见性。</em></p>
</blockquote>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>阅读完整叙述。</p>
</div><p>Want to see what powers that aggressive upside case? It hinges on compounding subscription growth, rising margins, and a future earnings multiple that assumes enduring leadership. Curious which specific forecasts turn that gap into a seemingly logical fair value, instead of wishful thinking? Read on to see the assumptions doing the heavy lifting.</p>
<div class="lb-trans"><p>想看看是什么推动了这种激进的上行案例吗？它依赖于复合订阅增长、上升的利润率和假设持久领导地位的未来盈利倍数。想知道哪些具体预测将这一差距转变为看似合理的公允价值，而不是空想？继续阅读以了解那些承担重任的假设。</p>
</div><p><strong>Result: Fair Value of ₪750.02 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：公允价值为₪750.02（被低估）</strong></p>
</div><p>Have a read of the narrative in full and understand what's behind the forecasts.</p>
<div class="lb-trans"><p>完整阅读叙述，了解预测背后的内容。</p>
</div><p>However, persistent margin pressure from heavy cloud investment and elevated churn in acquired customers could slow earnings progress and challenge that optimistic valuation path.</p>
<div class="lb-trans"><p>然而，来自重云投资的持续利润压力和收购客户的高流失率可能会减缓盈利进展，并挑战这一乐观的估值路径。</p>
</div><p>Find out about the key risks to this NICE narrative.</p>
<div class="lb-trans"><p>了解这一 NICE 叙述的关键风险。</p>
</div><h2>Build Your Own NICE Narrative</h2>
<div class="lb-trans"><h2>自建 NICE 叙述</h2>
</div><p>If you see the story differently or want to stress test the numbers yourself, you can build a personalized thesis in minutes: Do it your way.</p>
<div class="lb-trans"><p>如果你对这个故事有不同看法，或者想自己进行数字压力测试，你可以在几分钟内构建个性化的论点：按你的方式来。</p>
</div><p>A great starting point for your NICE research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.</p>
<div class="lb-trans"><p>你对 NICE 研究的一个很好的起点是我们的分析，强调 4 个关键回报和 1 个可能影响你投资决策的重要警示信号。</p>
</div><h2>Ready for more high conviction ideas?</h2>
<div class="lb-trans"><h2>准备好更多高信念的想法了吗？</h2>
</div><p>Before you move on, consider locking in your next watchlist candidates with fresh, data driven shortlists that many investors may not review until later.</p>
<div class="lb-trans"><p>在你继续之前，考虑通过新鲜的数据驱动短名单锁定你的下一个观察名单候选者，许多投资者可能要到稍后才会审查。</p>
</div><ul>
<li>Identify early momentum by targeting these 3627 penny stocks with strong financials that already support their small market caps with existing revenue strength and improving balance sheets.</li>
<li>Explore the AI infrastructure theme by focusing on these 24 AI penny stocks involved in model training, inference workloads, and automation-related demand.</li>
<li>Review potential value opportunities by screening for these 913 undervalued stocks based on cash flows where cash flows and fundamentals appear stronger than current market expectations.</li>
</ul>
<div class="lb-trans"><ul>
<li>通过针对这些 3627 只财务状况良好的便士股票，识别早期动量，这些股票已经凭借现有的收入实力和改善的资产负债表支持其小市值。</li>
<li>通过关注这些 24 只参与模型训练、推理工作负载和自动化相关需求的人工智能便士股票，探索人工智能基础设施主题。</li>
<li>通过筛选这些 913 只基于现金流的被低估股票，审查潜在的价值机会，这些股票的现金流和基本面似乎强于当前市场预期。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>这篇文章由 Simply Wall St 撰写，内容一般。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成买入或卖出任何股票的推荐，也未考虑你的目标或财务状况。我们的目标是为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>移动基础设施用于国防和灾难</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波机器人技术不是类人型的。它是完全自主的塔楼，在 30 分钟内提供 5G、ISR 和雷达，随处可达。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>由 CiTech 赞助</p>
</div>

NICE (TASE:NICE)：在股价下跌 45% 且盈利持续增长的情况下重新评估其估值