-- 独立系調査会社CFRAは、に対し、以下の調査レポートを提供しました。CFRAのアナリストは、以下のように見解をまとめています。NICEは、第1四半期の非GAAPベースの1株当たり利益（EPS）が2.64ドルとなり、市場予想を0.12ドル上回ったものの、前年同期の2.87ドルから8%減少しました。総売上高は7億6,860万ドルで、前年同期比10%増となり、ガイダンスと市場予想を上回りました。クラウド事業の売上高は6億340万ドルで、前年同期比14.6%増となりました。AI関連の年間経常収益は前年同期比66%増と急増し、CXoneエンタープライズ契約の100%にAIが組み込まれていることから、NICEのAIネイティブプラットフォームが広く採用されていることが示されました。しかしながら、非GAAPベースの営業利益率は前年同期比450ベーシスポイント低下し、26.0%となりました。これは、戦略的なAI投資とCognigy統合に伴う営業費用の増加を反映したものです。当社は、NICEがAI機能に投資しているため、利益率への圧力は一時的なものだと考えています。また、1億7,920万ドルの強力なキャッシュ創出により、2億5,300万ドルの自社株買いが実現し、経営陣がこの投資段階における資本還元に尽力していることが示されました。経営陣は、2026年通期のEPSガイダンスを10.85～11.05ドルから10.98～11.18ドルに引き上げ、予想を上回りました。また、売上高ガイダンスは31億7,000万ドル～31億9,000万ドルで据え置きました。NICEはまた、クラウドの成長率予想を前年比13～15%（従来は14.5～15%）に引き下げました。
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