N-able, Inc. (NYSE:NABL) Receives $9.31 Average Target Price from Analysts

N-able, Inc. (NYSE:NABL) has been assigned a consensus rating of “Hold” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $9.3125.

Several equities research analysts have commented on NABL shares. Wall Street Zen raised shares of N-able from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Scotiabank reaffirmed a “sector perform” rating and issued a $8.75 target price (up previously from $8.30) on shares of N-able in a research note on Friday, August 8th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of N-able in a research note on Saturday.

Insider Transactions at N-able

In related news, EVP Michael I. Adler sold 31,728 shares of N-able stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $7.72, for a total transaction of $244,940.16. Following the completion of the sale, the executive vice president owned 468,555 shares of the company’s stock, valued at approximately $3,617,244.60. The trade was a 6.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ann Johnson sold 34,568 shares of N-able stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $7.70, for a total transaction of $266,173.60. Following the sale, the director directly owned 37,424 shares of the company’s stock, valued at $288,164.80. The trade was a 48.02% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Institutional Trading of N-able

Hedge funds and other institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC boosted its holdings in shares of N-able by 1,030.5% during the 2nd quarter. Parallel Advisors LLC now owns 3,516 shares of the company’s stock worth $28,000 after buying an additional 3,205 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of N-able by 241.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,162 shares of the company’s stock worth $30,000 after buying an additional 2,943 shares during the period. EverSource Wealth Advisors LLC raised its stake in N-able by 1,970.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,789 shares of the company’s stock worth $31,000 after purchasing an additional 3,606 shares in the last quarter. Signaturefd LLC raised its stake in N-able by 1,410.3% in the 2nd quarter. Signaturefd LLC now owns 6,615 shares of the company’s stock worth $54,000 after purchasing an additional 6,177 shares in the last quarter. Finally, Ieq Capital LLC acquired a new stake in N-able in the 1st quarter worth about $72,000. Institutional investors own 96.35% of the company’s stock.

N-able Price Performance

Shares of NABL stock opened at $8.13 on Thursday. N-able has a 1 year low of $6.07 and a 1 year high of $13.04. The firm’s 50 day moving average is $7.96 and its 200-day moving average is $7.78. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 406.45 and a beta of 0.61. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.41.

N-able (NYSE:NABL) last announced its earnings results on Thursday, August 7th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. N-able had a net margin of 0.59% and a return on equity of 4.13%. The company had revenue of $131.25 million for the quarter, compared to analyst estimates of $125.87 million. During the same period in the prior year, the business earned $0.14 earnings per share. N-able’s quarterly revenue was up 9.9% on a year-over-year basis. N-able has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts forecast that N-able will post 0.27 EPS for the current fiscal year.

About N-able

N-able, Inc provides cloud-based software solutions for managed service providers in the United States, the United Kingdom, and internationally. The company's solutions enable MSPs to support digital transformation and growth within small and medium-sized enterprises. It provides software platform designed to be an integrated, enterprise-grade solution that serves as an operating system for its MSP partners and scales as their businesses grow.