N-ableNABL
NABL
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
31% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 26
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]
0.64% less ownership
Funds ownership: 97.27% [Q2] → 96.63% (-0.64%) [Q3]
15% less capital invested
Capital invested by funds: $2.74B [Q2] → $2.34B (-$399M) [Q3]
78% less call options, than puts
Call options by funds: $25K | Put options by funds: $112K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
55%
upside
Avg. target
$15.75
63%
upside
High target
$16.50
71%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Needham Mike Cikos 56% 1-year accuracy 55 / 99 met price target | 71%upside $16.50 | Buy Reiterated | 22 Nov 2024 |
RBC Capital Matthew Hedberg 70% 1-year accuracy 147 / 209 met price target | 55%upside $15 | Outperform Reiterated | 21 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
N-able Named a Top 50 Human Resources Team Award Winner by OnCon
BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service, and security solutions, today announced it has been recognized as a winner for the Top 50 Human Resources Team at the 2024 OnCon Icon Awards. The OnCon Icon Awards celebrate the outstanding achievements of top organizations and teams worldwide. This prestigious recognition is determined through peer and com.
Neutral
Business Wire
2 weeks ago
N-able Unveils New Additions to Technology Alliance Program–Empowering Partners to Enhance Efficiency and Capitalize on New Cybersecurity Opportunities
BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service, and security solutions, today announced additional vendors have joined its Technology Alliance Program (TAP), strengthening the N-able Ecoverse vision by contributing to the harmonization and transformation of modern IT management. N-able TAP continues to unite industry-leading technology companies to enhan.
Neutral
Seeking Alpha
1 month ago
N-Able: Poor Near-Term Growth Outlook Continues To Weigh On The Stock
N-able is currently facing significant transitionary headwinds, including pricing pressure and contract duration shifts, which are impacting its near-term growth outlook. I believe the market is primarily focused on the near-term growth outlook, leading to a valuation decline despite the company's positive medium-term growth potential. Given the current market dynamics and near-term challenges, a hold rating is recommended for N-able. Investors should wait for positive signs of growth inflection before considering a more bullish stance.
Neutral
Business Wire
1 month ago
N-able Acquires Existing Strategic Partner Adlumin, Adding Cloud-Native XDR and MDR Capabilities to Its End-to-End Security and IT Management Platform
BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global software company helping IT services providers deliver security, remote monitoring and management, and data protection as-a-service solutions, today announced that it has acquired Adlumin, Inc., an award-winning provider of an enterprise-grade security operations platform for organizations of all sizes. Building upon Adlumin's and N-able's existing proven partnership providing extended detection and response (XDR) capabilit.
Positive
Zacks Investment Research
1 month ago
Down -17.14% in 4 Weeks, Here's Why N-able (NABL) Looks Ripe for a Turnaround
N-able (NABL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Neutral
Business Wire
1 month ago
N-able Adds Three Leaders to Further Strengthen its Global Channel Strategy
BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service, and security solutions, has welcomed Jonathan Bartholomew, Vice President of Channel Sales; Paul Monaghan, Vice President of EMEA Sales; and Andy Hudson, Vice President of International Marketing. These key hires underscore the expanding support N-able has for the rapidly growing IT services market and its.
Neutral
Seeking Alpha
1 month ago
N-able, Inc. (NABL) Q3 2024 Earnings Call Transcript
N-able, Inc. (NYSE:NABL ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Griffin Gyr - Investor Relations Manager John Pagliuca - President and Chief Executive Officer Tim O'Brien - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Essex - JPMorgan Michael Richards - RBC Capital Markets Jason Ader - William Blair Michael Cikos - Needham & Company Operator Hello, everyone, and welcome to the N-able Third Quarter 2024 Earnings Call. My name is Chach, and I'll be coordinating your call today.
Positive
Zacks Investment Research
1 month ago
N-able (NABL) Q3 Earnings and Revenues Surpass Estimates
N-able (NABL) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.09 per share a year ago.
Neutral
Business Wire
1 month ago
N-able Announces Third Quarter 2024 Results
BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service and security solutions, today reported results for its third quarter ended September 30, 2024. “IT keeps businesses running and our software helps keep IT systems running and secure for small and medium sized enterprises and MSPs across the globe,” said N-able president and CEO John Pagliuca. “We made conside.
Neutral
Business Wire
1 month ago
N-able Announces New Fortified Copies Feature in Cove Data Protection—Driving Stronger Ransomware Protection
BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as a service, and security solutions, has announced Fortified Copies from Cove Data Protection. With this update, Cove has taken a fresh approach to backup immutability—adding another layer of protection for servers, workstations, and Microsoft 365 backups. Immutability is built into the Cove architecture as an automatic.
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