N-able (NYSE:NABL) Releases Earnings Results, Beats Expectations By $0.02 EPS

N-able (NYSE:NABL) posted its quarterly earnings data on Thursday. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.10 by $0.02, FiscalAI reports. N-able had a positive return on equity of 3.74% and a negative net margin of 1.94%. The business had revenue of $137.45 million for the quarter, compared to the consensus estimate of $135.03 million. During the same quarter in the prior year, the business earned $0.13 earnings per share. N-able’s revenue for the quarter was up 4.4% on a year-over-year basis.

Here are the key takeaways from N-able’s conference call:

• N-able reported third-quarter ARR of $553 million and revenue of $137 million, both up 5% year over year; adjusted EBITDA was $43.6 million, or a 32% margin. Gross margin declined to 78% from 81% a year earlier, while constant-currency net revenue retention was 103%.
• Management highlighted momentum in data protection and security operations: Cove now protects more than 200,000 businesses and 4 million Microsoft 365 mailboxes, DRaaS exceeded $1 million in ARR within months of launch, and security operations passed $50 million in ARR. Google Workspace Backup also entered preview, with thousands of users added on its first day.
• Renewal rates were steady versus Q2, with no improvement yet, and management said gross retention has remained around the mid-80% range. The company expects near-term go-to-market variability and is counting on newer products, cross-selling, and customer acquisition to support future growth, while emphasizing it will wait for results before reflecting acceleration in guidance.
• For 2026, N-able expects constant-currency ARR growth of 5%, revenue growth of 5%, and an adjusted EBITDA margin of about 29%; management described 2026 ARR growth as a framing for 2027 as it invests in product innovation, go-to-market, and AI. The company also repurchased about 10.2 million shares for $38.7 million in Q3, while drawing a further $75 million term loan after quarter-end.

N-able Stock Performance

Shares of NYSE NABL traded down $0.10 during midday trading on Friday, hitting $4.83. The company’s stock had a trading volume of 1,975,965 shares, compared to its average volume of 1,313,848. The stock has a fifty day moving average price of $4.41 and a 200 day moving average price of $4.47. N-able has a one year low of $2.92 and a one year high of $8.54. The company has a current ratio of 1.11, a quick ratio of 1.30 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $911.49 million, a price-to-earnings ratio of -96.50 and a beta of 0.39.

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

Wall Street Analysts Forecast Growth

NABL has been the subject of a number of recent research reports. Weiss Ratings reissued a “sell (d)” rating on shares of N-able in a research report on Thursday, October 15th. BMO Capital Markets lowered their target price on N-able from $6.00 to $3.75 and set a “market perform” rating on the stock in a research note on Tuesday, August 11th. Scotiabank upped their price target on N-able from $3.65 to $5.45 and gave the company a “sector perform” rating in a research report on Friday. Wall Street Zen raised N-able from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Finally, Needham & Company LLC increased their price target on N-able from $4.00 to $6.00 and gave the stock a “buy” rating in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $6.04.

N-able announced that its board has initiated a stock repurchase plan on Friday, August 28th that allows the company to buy back $50 million in outstanding shares. This repurchase authorization allows the company to buy up to 6.7% of its shares through open market purchases. Share repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

N-able Company Profile

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.