These Analysts Cut Their Forecasts On N-Able After Q2 Results

Benzinga Earnings
08/11

N-Able Inc (NYSE:NABL) reported in-line earnings for the second quarter on Tuesday.

The company posted quarterly earnings of 10 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $138.223 million which beat the analyst consensus estimate of $137.954 million.

N-able cut its FY2026 sales guidance from $554.000 million-$559.000 million to $539.000 million-$542.000 million.

“AI is reshaping the security landscape, making our mission to democratize cyber-defense more critical than ever,” said N-able president and CEO John Pagliuca. “We are taking decisive action across the business to better capture this demand. We welcomed Russell Rosa as our new Chief Revenue Officer, we are making organizational changes to align resources with our highest-priority opportunities, and we are sharpening our roadmaps to bring new products to market faster. Our award-winning platform protects approximately 500,000 businesses across the globe and our confidence in the road ahead remains strong.”

N-able shares fell 2.2% to trade at $3.14 on Tuesday.

These analysts made changes to their price targets on N-able following earnings announcement.

  • Needham analyst Mike Cikos maintained the stock with a Buy and lowered the price target from $6.5 to $4.
  • BMO Capital analyst Keith Bachman maintained the stock with a Market Perform and lowered the price target from $6 to $3.75.

Considering buying NABL stock? Here’s what analysts think:

Photo via Shutterstock

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