N-able (NYSE:NABL) Announces Quarterly Earnings Results

N-able (NYSE:NABL) released its quarterly earnings results on Monday. The company reported $0.10 EPS for the quarter, hitting analysts’ consensus estimates of $0.10, FiscalAI reports. The business had revenue of $138.22 million during the quarter, compared to analysts’ expectations of $138.08 million. N-able had a negative net margin of 0.88% and a positive return on equity of 3.54%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.11 EPS.

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

• Q2 ARR reached $544 million, up 6% year over year, while revenue increased 6% to $138 million and adjusted EBITDA was $40 million, representing a 29% margin.
• N-Able lowered its 2026 outlook to revenue of $539 million–$542 million and ARR of $562 million–$565 million, citing weaker-than-expected UEM and EDR renewal rates, pricing pressure, and near-term disruption from its go-to-market leadership transition.
• The company said its largest renewal cohort produced rates in the mid-80% range versus the previously expected high-80% range, with customers sometimes reducing quantities or prices and some EDR customers moving to competitors.
• N-Able plans to reduce headcount by approximately 6%, lowering annualized operating expenses by $11 million–$13 million, while maintaining a 29%–30% full-year adjusted EBITDA margin and $116 million–$120 million of unlevered free cash flow.
• Data protection and security operations continued to outperform, with data protection ARR above $200 million and leading net new ARR growth; the company expects new offerings including DRaaS, Google Workspace Backup, Incident Response, and FedRAMP EDR to support growth into 2027.

N-able Trading Down 1.7%

Shares of NABL stock opened at $3.15 on Wednesday. The stock has a market capitalization of $594.34 million, a PE ratio of -157.75 and a beta of 0.50. N-able has a 1-year low of $2.92 and a 1-year high of $8.73. The business has a 50-day moving average of $3.98 and a 200 day moving average of $4.54. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.26 and a quick ratio of 1.26.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on NABL shares. Weiss Ratings restated a “sell (d)” rating on shares of N-able in a research report on Friday, July 17th. Royal Bank Of Canada cut N-able from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from $6.00 to $4.00 in a research note on Tuesday. BMO Capital Markets cut their price objective on N-able from $6.00 to $3.75 and set a “market perform” rating for the company in a report on Tuesday. Scotiabank decreased their price objective on N-able from $5.75 to $3.65 and set a “sector perform” rating on the stock in a report on Tuesday. Finally, Wall Street Zen raised N-able from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $5.08.

Institutional Trading of N-able

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Invesco Ltd. boosted its stake in shares of N-able by 11.7% during the fourth quarter. Invesco Ltd. now owns 371,226 shares of the company’s stock valued at $2,777,000 after purchasing an additional 38,879 shares during the period. State of Tennessee Department of Treasury raised its holdings in N-able by 103.2% during the 4th quarter. State of Tennessee Department of Treasury now owns 34,381 shares of the company’s stock valued at $257,000 after buying an additional 17,461 shares during the last quarter. XTX Topco Ltd purchased a new stake in N-able during the 4th quarter valued at $117,000. Zacks Investment Management purchased a new stake in N-able during the 4th quarter valued at $519,000. Finally, VARCOV Co. bought a new stake in N-able in the 4th quarter worth $337,000. Institutional investors own 96.35% of the company’s stock.

About N-able

N-able (NYSE:NABL) is a cloud-based software provider specializing in solutions for managed service providers (MSPs). The company’s platform offers remote monitoring and management (RMM), backup and disaster recovery, endpoint detection and response (EDR), security information and event management (SIEM), and automation tools. By integrating these services into a unified interface, N-able enables MSPs to streamline IT operations, enhance security posture, and deliver proactive maintenance across on-premises, cloud, and hybrid environments.

Headquartered in Toronto, Canada, N-able traces its origins to the managed services division of SolarWinds before completing a spin-off and initial public offering in mid-2021.