10 Best Mid Cap Tech Stocks to Buy Now

4. Nice Ltd. (NASDAQ:NICE

Upside Potential: 38.8%

Market Capitalization: $8.84 Billion

Number of Hedge Fund Holders: 28

Nice Ltd. (NASDAQ:NICE) is a Software-as-a-service company that provides its client companies cloud-based software solutions to improve customer experience, security, and operational efficiency.

The company also offers automation solutions to make processes more efficient. This includes automating tasks that would normally require human input. Nice Ltd. (NASDAQ:NICE)  also offers software to its customers to help with fraud prevention and security for financial transactions and customer identity protection, among other areas.

The company has been growing at a steady pace of just over 13% annually over the last five years. Its revenue for the fiscal year 2024 stood at $2.74 billion. Moreover, it has been able to increase its net margin during each year in that period. As of fiscal year 2024, it stood at 16.2%.  The company saw solid performance in the Financial Crime and Compliance sector.

On February 21, 2025, Cantor Fitzgerald analyst Thomas Blakey reduced its price target from $175 to $161. The analyst maintained a Neutral rating on the stock.