Analysts Set N-able, Inc. (NYSE:NABL) Target Price at $9.31

N-able, Inc. (NYSE:NABL) has been given an average rating of “Hold” by the six brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $9.3125.

A number of research firms recently commented on NABL. Weiss Ratings reiterated a “sell (d)” rating on shares of N-able in a research note on Wednesday, October 8th. Scotiabank reiterated a “sector perform” rating and issued a $8.75 target price (up from $8.30) on shares of N-able in a research note on Friday, August 8th. Finally, Wall Street Zen upgraded shares of N-able from a “hold” rating to a “buy” rating in a research note on Friday, September 5th.

N-able Stock Down 6.2%

NABL stock opened at $7.67 on Thursday. The firm has a 50 day moving average of $7.98 and a 200 day moving average of $7.81. The stock has a market capitalization of $1.43 billion, a PE ratio of 383.44 and a beta of 0.61. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.41. N-able has a 52 week low of $6.07 and a 52 week high of $13.04.

N-able (NYSE:NABL) last released its earnings results on Thursday, August 7th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. The company had revenue of $131.25 million during the quarter, compared to analysts’ expectations of $125.87 million. N-able had a net margin of 0.59% and a return on equity of 4.13%. N-able’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the business earned $0.14 EPS. 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 earnings per share for the current year.

Insider Activity at N-able

In other N-able news, EVP Michael I. Adler sold 31,728 shares of N-able stock in a transaction that occurred on 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 directly owned 468,555 shares in the company, valued at approximately $3,617,244.60. The trade was a 6.34% decrease in their position. The sale was disclosed in a legal 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 that occurred on Monday, August 18th. The shares were sold at an average price of $7.70, for a total transaction of $266,173.60. Following the sale, the director owned 37,424 shares of the company’s stock, valued at approximately $288,164.80. The trade was a 48.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.50% of the company’s stock.

Institutional Trading of N-able

Institutional investors and hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC lifted its stake in N-able by 1,030.5% during the 2nd quarter. Parallel Advisors LLC now owns 3,516 shares of the company’s stock valued at $28,000 after acquiring an additional 3,205 shares during the period. PNC Financial Services Group Inc. lifted its stake in N-able by 241.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,162 shares of the company’s stock valued at $30,000 after acquiring an additional 2,943 shares during the period. EverSource Wealth Advisors LLC lifted its stake in N-able by 1,970.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,789 shares of the company’s stock valued at $31,000 after acquiring an additional 3,606 shares during the period. Signaturefd LLC increased its holdings in shares of N-able by 1,410.3% during the 2nd quarter. Signaturefd LLC now owns 6,615 shares of the company’s stock valued at $54,000 after purchasing an additional 6,177 shares in the last quarter. Finally, Ieq Capital LLC purchased a new position in shares of N-able during the 1st quarter valued at approximately $72,000. 96.35% of the stock is currently owned by institutional investors and hedge funds.

N-able Company Profile

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.