N-ableNABL
About: N-able Inc is a provider of cloud-based software solutions for managed service providers (MSPs), enabling them to support digital transformation and growth for small and medium-sized enterprises. With a flexible technology platform and powerful integrations, N-able makes it easy for MSPs to monitor, manage, and protect their end-customer systems, data, and networks. The company's growing portfolio of management, security, automation, and data protection solutions is built for IT services management professionals. Geographically, the majority of revenue is from the United States. it also has a presence in the United Kingdom and all other International regions.
Employees: 1,635
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
42% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 24
16% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 62
13% more funds holding in top 10
Funds holding in top 10: 8 [Q2] → 9 (+1) [Q3]
4% more funds holding
Funds holding: 192 [Q2] → 200 (+8) [Q3]
0.56% less ownership
Funds ownership: 97.34% [Q2] → 96.78% (-0.56%) [Q3]
14% less capital invested
Capital invested by funds: $2.74B [Q2] → $2.34B (-$397M) [Q3]
78% less call options, than puts
Call options by funds: $25K | Put options by funds: $112K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Scotiabank Patrick Colville 48% 1-year accuracy 20 / 42 met price target | 17%upside $11 | Sector Perform Maintained | 21 Jan 2025 |
RBC Capital Matthew Hedberg 67% 1-year accuracy 147 / 219 met price target | 27%upside $12 | Outperform Maintained | 21 Jan 2025 |
Needham Mike Cikos 60% 1-year accuracy 57 / 95 met price target | 75%upside $16.50 | Buy Reiterated | 22 Nov 2024 |