N-able (NYSE:NABL) Price Target Lowered to $4.00 at Needham & Company LLC

Key Points

• Needham cut N-able’s price target from $6.50 to $4.00 but maintained a “buy” rating, implying roughly 24% upside from the prior close. Overall analyst sentiment remains cautious, with a consensus “Reduce” rating and average target of $5.85.
• N-able’s second-quarter results broadly met expectations, with EPS of $0.10 and revenue of $138.22 million, up 5.3% year over year. However, third-quarter and full-year revenue guidance fell well below analyst consensus, signaling slower near-term growth.
• The company disclosed a material weakness in revenue controls, raising concerns about potential accounting errors, restatements and remediation costs. Institutional investors own approximately 96.35% of the stock.

N-able (NYSE:NABL - Get Free Report) had its price objective cut by stock analysts at Needham & Company LLC from $6.50 to $4.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Needham & Company LLC's price objective points to a potential upside of 24.22% from the stock's previous close.

A number of other equities research analysts have also recently commented on NABL. Royal Bank Of Canada cut shares of N-able from an "outperform" rating to a "sector perform" rating and set a $4.00 target price for the company. in a report on Tuesday. Zacks Research cut N-able from a "hold" rating to a "strong sell" rating in a research report on Thursday, July 16th. Wall Street Zen raised N-able from a "hold" rating to a "buy" rating in a research note on Saturday, May 16th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of N-able in a research report on Friday, July 17th. Finally, Scotiabank boosted their target price on N-able from $5.25 to $5.75 and gave the company a "sector perform" rating in a report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, N-able currently has a consensus rating of "Reduce" and an average price target of $5.85.

N-able Price Performance

Shares of NYSE NABL opened at $3.22 on Tuesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.26 and a current ratio of 1.26. N-able has a fifty-two week low of $2.92 and a fifty-two week high of $8.73. The stock's 50-day simple moving average is $4.00 and its 200-day simple moving average is $4.57. The firm has a market capitalization of $606.58 million, a PE ratio of -64.40 and a beta of 0.50.

N-able (NYSE:NABL - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.10 EPS for the quarter, meeting analysts' consensus estimates of $0.10. N-able had a negative net margin of 1.99% and a positive return on equity of 3.40%. The firm had revenue of $138.22 million for the quarter, compared to the consensus estimate of $138.08 million. During the same period last year, the firm posted $0.11 EPS. The company's revenue was up 5.3% on a year-over-year basis. As a group, equities research analysts forecast that N-able will post 0.22 EPS for the current fiscal year.

Hedge Funds Weigh In On N-able

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. iSAM Funds UK Ltd boosted its holdings in N-able by 13.5% during the third quarter. iSAM Funds UK Ltd now owns 12,972 shares of the company's stock worth $101,000 after buying an additional 1,541 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of N-able by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,485 shares of the company's stock valued at $301,000 after purchasing an additional 1,825 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of N-able by 93.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,976 shares of the company's stock valued at $30,000 after purchasing an additional 1,924 shares during the period. Lazard Asset Management LLC lifted its position in shares of N-able by 0.7% in the second quarter. Lazard Asset Management LLC now owns 319,379 shares of the company's stock worth $2,586,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in shares of N-able by 179.8% during the fourth quarter. Hantz Financial Services Inc. now owns 3,277 shares of the company's stock worth $25,000 after purchasing an additional 2,106 shares during the period. 96.35% of the stock is owned by hedge funds and other institutional investors.

More N-able News

Here are the key news stories impacting N-able this week:

• Positive Sentiment: Second-quarter adjusted earnings were $0.10 per share, matching analyst expectations, while revenue of $138.22 million slightly exceeded the $138.08 million consensus estimate. Revenue increased 5.3% year over year, indicating continued top-line growth. N-able Announces Second Quarter 2026 Results
• Positive Sentiment: Management reiterated a goal of approximately 30% adjusted EBITDA margin for 2026, which may support the long-term profitability outlook as the company works through its go-to-market transition. N-able 2026 Revenue and EBITDA Margin Outlook
• Neutral Sentiment: N-able’s quarterly performance was broadly in line with expectations, although EPS declined from $0.11 in the comparable period last year to $0.10. The company also maintained full-year revenue guidance of $539 million to $542 million.
• Negative Sentiment: Third-quarter revenue guidance of $134.5 million to $135.5 million is well below the $142.0 million analyst consensus. Full-year guidance of $539 million to $542 million also trails the $556.3 million consensus, signaling slower near-term growth and likely contributing to the share-price decline. N-able Q2 Earnings and Guidance
• Negative Sentiment: The company disclosed a material weakness in revenue controls, raising the risk of accounting errors, financial restatements, remediation costs and investor concern. This disclosure adds governance and reporting uncertainty on top of the reduced outlook. N-able Material Weakness Disclosure

About N-able

N-able NYSE: NABL is a cloud-based software provider specializing in solutions for managed service providers (MSPs). The company’s platform offers remote monitoring and management (RMM), backup and disaster recovery, endpoint detection and response (EDR), security information and event management (SIEM), and automation tools. By integrating these services into a unified interface, N-able enables MSPs to streamline IT operations, enhance security posture, and deliver proactive maintenance across on-premises, cloud, and hybrid environments.

Headquartered in Toronto, Canada, N-able traces its origins to the managed services division of SolarWinds before completing a spin-off and initial public offering in mid-2021.

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