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NICE Faces Growth Challenges Amid AI Disruption and Cloud Slowdown

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Globes · Aug 5, 2026

What happened

Israeli software firm NICE reported Q2 results showing revenue growth but slowing AI and cloud segments, leading to stock declines and profit drops. The company is investing heavily in AI integration and geographic expansion while maintaining cautious guidance for 2023 and aiming for long-term growth by 2028.

01NICE’s stock fell 8% in New York after Q2 results revealed slowing AI and cloud growth.
02AI segment generated $362 million annually but grew only 5% quarter-over-quarter.
03Cloud revenue grew 12% year-over-year, showing minimal quarterly improvement.
04NICE secured a $670 million eight-year contract with the UK tax authority.
05Profit margins declined due to aggressive pricing to transition customers to AI systems.
06CEO Scott Russell targets $3.5 billion revenue by 2028 with geographic expansion plans.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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Scott Russell