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

Shares of N-able, Inc. (NYSE:NABL) have earned a consensus rating of “Moderate Buy” from the five brokerages that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $9.3125.

A number of research analysts recently weighed in on the company. Wall Street Zen raised N-able from a “hold” rating to a “buy” rating in a research report on Friday. Scotiabank reaffirmed a “sector perform” rating and set a $8.75 price objective (up previously from $8.30) on shares of N-able in a research report on Friday, August 8th.

Insider Buying and Selling

In related news, EVP Michael I. Adler sold 31,728 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $7.72, for a total transaction of $244,940.16. Following the completion of the transaction, the executive vice president owned 468,555 shares of the company’s stock, valued at $3,617,244.60. This trade represents a 6.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ann Johnson sold 34,568 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $7.70, for a total value of $266,173.60. Following the transaction, the director directly owned 37,424 shares of the company’s stock, valued at approximately $288,164.80. This trade represents a 48.02% decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted 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 purchasing an additional 3,205 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in N-able during the 4th quarter valued at $29,000. Tower Research Capital LLC TRC boosted its stake in N-able by 67.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,251 shares of the company’s stock valued at $30,000 after purchasing an additional 1,309 shares during the last quarter. PNC Financial Services Group Inc. boosted 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 purchasing an additional 2,943 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted 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 purchasing an additional 3,606 shares during the last quarter. Institutional investors own 96.35% of the company’s stock.

N-able Stock Up 0.8%

Shares of NYSE:NABL opened at $7.91 on Wednesday. N-able has a 52-week low of $6.07 and a 52-week high of $13.12. The firm has a market capitalization of $1.48 billion, a P/E ratio of 395.45 and a beta of 0.62. The stock has a 50 day moving average price of $7.96 and a 200-day moving average price of $7.75. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.24 and a current ratio of 1.24.

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 the consensus estimate of $0.09 by $0.02. N-able had a return on equity of 4.13% and a net margin of 0.59%.The firm had revenue of $131.25 million during the quarter, compared to analyst estimates of $125.87 million. During the same quarter in the prior year, the company earned $0.14 EPS. The business’s revenue was up 9.9% compared to the same quarter last year. N-able has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities research analysts anticipate 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.