N-able (NYSE:NABL) Shares Gap Down – Here’s Why

N-able, Inc. (NYSE:NABL) gapped down before the market opened on Monday . The stock had previously closed at $4.99, but opened at $3.25. N-able shares last traded at $3.3150, with a volume of 826,375 shares traded.

More N-able News

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

• Positive Sentiment: N-able reported second-quarter adjusted earnings of $0.10 per share, matching consensus, while revenue of $138.22 million slightly exceeded estimates and increased 5.3% year over year. N-able Announces Second Quarter 2026 Results
• Positive Sentiment: Needham maintained a Buy rating and projects approximately 26.8% upside from the recent share price, although its price target was reduced to $4.00 from $6.50. Benzinga analyst coverage
• Neutral Sentiment: Management continues to target approximately a 30% adjusted EBITDA margin in 2026 while navigating a go-to-market transition, suggesting a focus on profitability even as growth expectations are reset. N-able 2026 outlook
• Negative Sentiment: N-able cut third-quarter revenue guidance to $134.5 million-$135.5 million, well below the $142.0 million consensus estimate. Full-year 2026 revenue guidance of $539 million-$542 million is also below the $556.3 million consensus, indicating weaker near-term demand or execution than analysts expected. N-able Q2 earnings and guidance
• Negative Sentiment: The company disclosed a material weakness in revenue-related controls, raising the risk of reporting errors, potential restatements, additional compliance costs and investor concern. N-able flags material weakness in revenue controls
• Negative Sentiment: Although quarterly revenue grew, earnings declined from $0.11 per share in the prior-year quarter, and N-able continues to report a negative net margin. The combination of slower guidance and control weaknesses is likely driving the pressure on NABL.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Zacks Research lowered shares of N-able from a “hold” rating to a “strong sell” rating in a report on Thursday, July 16th. Needham & Company LLC cut their price objective on shares of N-able from $6.50 to $4.00 and set a “buy” rating on the stock in a report on Tuesday. BMO Capital Markets decreased their price objective on shares of N-able from $6.00 to $3.75 and set a “market perform” rating for the company in a research report on Tuesday. Scotiabank lowered their target price on N-able from $5.75 to $3.65 and set a “sector perform” rating for the company in a research note on Tuesday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of N-able in a research report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $5.08.

N-able Price Performance

The company has a debt-to-equity ratio of 0.49, a current ratio of 1.26 and a quick ratio of 1.26. The business’s 50-day moving average price is $3.98 and its two-hundred day moving average price is $4.54. The firm has a market cap of $594.34 million, a price-to-earnings ratio of -157.75 and a beta of 0.50.

N-able (NYSE:NABL) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. N-able had a negative net margin of 0.88% and a positive return on equity of 3.54%. The firm had revenue of $138.22 million for the quarter, compared to analysts’ expectations of $138.08 million. During the same period in the prior year, the company posted $0.11 earnings per share. The firm’s quarterly revenue was up 5.3% on a year-over-year basis. On average, research analysts forecast that N-able, Inc. will post 0.22 EPS for the current fiscal year.

Hedge Funds Weigh In On N-able

Several hedge funds and other institutional investors have recently modified their holdings of NABL. Hantz Financial Services Inc. increased its holdings in shares of N-able by 179.8% in the 4th quarter. Hantz Financial Services Inc. now owns 3,277 shares of the company’s stock worth $25,000 after acquiring an additional 2,106 shares during the period. PNC Financial Services Group Inc. boosted its stake in N-able by 93.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,976 shares of the company’s stock valued at $30,000 after purchasing an additional 1,924 shares during the period. EverSource Wealth Advisors LLC grew its position in N-able by 1,970.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,789 shares of the company’s stock worth $31,000 after purchasing an additional 3,606 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in N-able in the 1st quarter worth about $48,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in N-able in the 4th quarter worth about $85,000. Institutional investors and hedge funds own 96.35% of the company’s stock.

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.