N-able (NYSE:NABL) Issues Quarterly Earnings Results, Misses Estimates By $0.04 EPS

N-able (NYSE:NABL) released its earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04), FiscalAI reports. N-able had a negative net margin of 1.31% and a positive return on equity of 4.17%. The business had revenue of $130.27 million during the quarter, compared to the consensus estimate of $127.07 million. During the same period last year, the business posted $0.10 EPS. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis.

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

• Company reported solid financials with ARR of $540M (8% constant‑currency growth), Q4 revenue and full‑year revenue up ~9% CC, and adjusted EBITDA margin of 30%; 2026 guide targets ~8‑9% ARR growth and higher unlevered free cash flow.
• Product and AI momentum: the Adlumin integration is ahead of plan, the AI SOC now automates ~90% of identified threats (vs. 70% a year ago), and the AI workflow assistant Enzo is in limited preview while DRaaS and Google Workspace protection are planned to expand the data‑protection TAM.
• Go‑to‑market and upmarket traction: customers contributing >$50K ARR rose ~14% to 2,671 and now represent ~61% of ARR, while VAR expansion and strong greenfield adoption (~75% of new lands entering security ops) support cross‑sell and new logo growth.
• Execution and margin risks remain: gross margin compressed to ~81% (from 84% prior year), guidance assumes FX and successful commercialization of AI SKUs plus seasonal strength later in the year, and net leverage is ~1.9x, all of which could pressure results if execution slips.

N-able Stock Performance

NABL traded down $0.64 during trading on Thursday, hitting $4.68. The stock had a trading volume of 2,854,392 shares, compared to its average volume of 1,363,918. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.27 and a quick ratio of 1.27. The company has a 50 day moving average price of $6.70 and a 200-day moving average price of $7.42. N-able has a one year low of $4.66 and a one year high of $10.41. The firm has a market cap of $871.47 million, a price-to-earnings ratio of -155.90 and a beta of 0.60.

Institutional Investors Weigh In On N-able

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Defiance ETFs LLC acquired a new position in shares of N-able in the fourth quarter valued at about $8,954,000. Ameriprise Financial Inc. raised its stake in N-able by 516.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,274,744 shares of the company’s stock worth $10,325,000 after purchasing an additional 1,068,061 shares in the last quarter. Bank of America Corp DE boosted its holdings in N-able by 271.8% in the 2nd quarter. Bank of America Corp DE now owns 679,119 shares of the company’s stock valued at $5,501,000 after purchasing an additional 496,461 shares during the period. Marshall Wace LLP grew its position in shares of N-able by 435.1% during the 2nd quarter. Marshall Wace LLP now owns 521,675 shares of the company’s stock worth $4,226,000 after purchasing an additional 424,190 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of N-able by 7.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,296,098 shares of the company’s stock worth $32,136,000 after purchasing an additional 282,584 shares in the last quarter. Institutional investors and hedge funds own 96.35% of the company’s stock.

Analyst Upgrades and Downgrades

NABL has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of N-able from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 6th. Zacks Research cut N-able from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Weiss Ratings restated a “sell (d)” rating on shares of N-able in a research note on Thursday, January 22nd. B. Riley Financial started coverage on N-able in a research report on Friday, January 23rd. They set a “buy” rating and a $10.00 price target on the stock. Finally, Royal Bank Of Canada upped their price objective on N-able from $9.00 to $10.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $9.45.

N-able News Roundup

Here are the key news stories impacting N-able this week:

• Positive Sentiment: Revenue beat and growth — Q4 revenue was $130.27M vs. ~ $127M consensus, up ~11.8% year-over-year, which investors initially rewarded. Read More.
• Positive Sentiment: Improved top‑line outlook — management issued Q1 revenue guidance of $131.0–$132.0M (above the ~$128.5M consensus) and FY 2026 revenue guidance of $554.0–$559.0M (roughly in line to slightly above consensus), providing forward revenue visibility. Read More.
• Neutral Sentiment: Earnings call and transcript available — full management commentary and the Q&A are posted, useful for digging into churn, ARPU, margin drivers and FY assumptions. Read More.
• Neutral Sentiment: Company provided slide deck and recording for the quarter — helpful for verifying the revenue/growth drivers cited by management. Read More.
• Negative Sentiment: EPS miss and profitability concerns — reported EPS was $0.06 vs a ~$0.10 consensus (and vs $0.10 a year ago), highlighting margin pressure despite revenue growth. Read More.
• Negative Sentiment: Negative net margin — the company reported a negative net margin (~‑1.3%), underscoring that top‑line gains have not yet translated to consistent bottom‑line profitability. Read More.
• Negative Sentiment: Volatility/profit‑taking risk — the strong initial move higher after the revenue beat likely prompted short‑term profit taking once EPS miss and margin details were digested, contributing to the stock trading lower on the day. Read More.

N-able Company Profile

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.