Royal Bank Of Canada Issues Positive Forecast for N-able (NYSE:NABL) Stock Price

N-able (NYSE:NABL) had its target price upped by Royal Bank Of Canada from $4.00 to $5.00 in a research report released on Friday morning,Benzinga reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

Other analysts also recently issued research reports about the stock. Zacks Research raised shares of N-able from a “strong sell” rating to a “hold” rating in a report on Friday, August 14th. Weiss Ratings reissued a “sell (d)” rating on shares of N-able in a research note on Thursday, October 15th. Wall Street Zen upgraded shares of N-able from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Scotiabank raised their target price on N-able from $3.65 to $5.45 and gave the company a “sector perform” rating in a report on Friday. Finally, BMO Capital Markets decreased their price target 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. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $6.04.

N-able Price Performance

NYSE NABL traded down $0.10 during midday trading on Friday, hitting $4.83. The company had a trading volume of 1,975,965 shares, compared to its average volume of 1,339,007. The firm has a 50-day moving average price of $4.41 and a 200-day moving average price of $4.47. The company has a market capitalization of $911.49 million, a PE ratio of -96.50 and a beta of 0.39. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.48. N-able has a twelve month low of $2.92 and a twelve month high of $8.54.

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

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

Institutional Investors Weigh In On N-able

Several hedge funds and other institutional investors have recently made changes to their positions in NABL. Signaturefd LLC increased its position in N-able by 165.3% during the 3rd quarter. Signaturefd LLC now owns 9,332 shares of the company’s stock worth $38,000 after purchasing an additional 5,815 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in N-able in the first quarter valued at approximately $48,000. PNC Financial Services Group Inc. boosted its position in N-able by 251.7% in the first quarter. PNC Financial Services Group Inc. now owns 13,983 shares of the company’s stock valued at $65,000 after buying an additional 10,007 shares in the last quarter. Fifth Third Bancorp boosted its position in N-able by 988.2% in the first quarter. Fifth Third Bancorp now owns 19,414 shares of the company’s stock valued at $91,000 after buying an additional 17,630 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of N-able during the first quarter worth $92,000. 96.35% of the stock is owned by institutional investors.

N-able News Roundup

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.