Needham & Company LLC Forecasts Strong Price Appreciation for N-able (NYSE:NABL) Stock

N-able (NYSE:NABL) had its target price hoisted by equities researchers at Needham & Company LLC from $4.00 to $6.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC‘s price objective suggests a potential upside of 24.35% from the stock’s previous close.

Several other analysts also recently commented on NABL. Scotiabank reduced their price objective on shares of N-able from $5.75 to $3.65 and set a “sector perform” rating for the company in a research report on Tuesday, August 11th. Weiss Ratings reiterated a “sell (d)” rating on shares of N-able in a research report on Thursday, October 15th. Wall Street Zen raised shares of N-able from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. BMO Capital Markets reduced their price target on shares of N-able from $6.00 to $3.75 and set a “market perform” rating for the company in a report on Tuesday, August 11th. Finally, Royal Bank Of Canada lowered shares of N-able from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $6.00 to $4.00 in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, N-able presently has a consensus rating of “Hold” and a consensus price target of $6.04.

N-able Trading Down 1.9%

Shares of NABL traded down $0.10 during mid-day trading on Thursday, reaching $4.83. 1,975,965 shares of the company were exchanged, compared to its average volume of 1,339,007. N-able has a 52 week low of $2.92 and a 52 week high of $8.54. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market capitalization of $911.49 million, a PE ratio of -96.50 and a beta of 0.39. The business has a 50 day simple moving average of $4.41 and a two-hundred day simple moving average of $4.47.

N-able (NYSE:NABL) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. N-able had a positive return on equity of 3.55% and a negative net margin of 0.88%. The company had revenue of $137.45 million for the quarter, compared to analyst estimates of $135.03 million. During the same period in the previous year, the firm earned $0.13 earnings per share. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. On average, analysts predict that N-able will post 0.23 earnings per share for the current fiscal year.

N-able declared that its Board of Directors has initiated a share repurchase program on Friday, August 28th that permits the company to buy back $50 million in shares. This repurchase authorization permits the company to buy up to 6.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Institutional Trading of N-able

Several hedge funds have recently bought and sold shares of NABL. Signaturefd LLC raised its holdings in N-able by 165.3% during the third quarter. Signaturefd LLC now owns 9,332 shares of the company’s stock worth $38,000 after buying an additional 5,815 shares during the last quarter. Counterpoint Mutual Funds LLC acquired a new position in shares of N-able during the third quarter valued at about $605,000. AXQ Capital LP bought a new stake in shares of N-able during the second quarter worth about $190,000. Lexington Partners L.P. bought a new stake in shares of N-able during the second quarter worth about $4,550,312. Finally, Bank of America Corp DE raised its holdings in shares of N-able by 17.3% in the 1st quarter. Bank of America Corp DE now owns 713,869 shares of the company’s stock worth $3,334,000 after acquiring an additional 105,518 shares during the last quarter. Institutional investors and hedge funds own 96.35% of the company’s stock.

N-able News Summary

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

• Positive Sentiment: N-able reported Q3 earnings of $0.12 per share, above analyst estimates, and revenue of $137.45 million, also ahead of expectations. Revenue increased 4.4% year over year. N-able Announces Third Quarter 2026 Results
• Positive Sentiment: Needham raised its price target from $4 to $6 and reiterated a Buy rating, signaling improved expectations for the shares. N-able Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Scotiabank lifted its target from $3.65 to $5.45, while keeping a Sector Perform rating. Scotiabank Raises N-able Price Target
• Neutral Sentiment: RBC raised its target from $4 to $5 but maintained a Sector Perform rating, indicating a more measured view than Needham’s Buy call. RBC Price Target and Rating
• Negative Sentiment: Quarterly EPS was below the year-ago $0.13, despite beating estimates, which may temper the otherwise positive earnings reaction. N-able Q3 2026 Earnings Call Transcript

About N-able

N-able, Inc is a software company that provides technology solutions to managed service providers (MSPs). Its platform helps MSPs monitor, manage, secure and support the information technology environments of small and midsize businesses through cloud-based tools and services.

The company’s offerings include remote monitoring and management software, endpoint security, backup and disaster recovery, email security, password management, and other cybersecurity and data protection solutions.