NCR Atleos (NYSE:NATL) Releases Earnings Results, Beats Expectations By $0.27 EPS

NCR Atleos (NYSE:NATL) released its earnings results on Thursday. The company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.27, FiscalAI reports. The business had revenue of $1.15 billion during the quarter. NCR Atleos had a return on equity of 84.80% and a net margin of 3.11%.The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.11 earnings per share.

Here are the key takeaways from NCR Atleos’ conference call:

• Brink’s announced a proposed $6.6 billion acquisition of NCR Atleos consisting of $30 cash plus 0.1574 Brink’s shares per Atleos share, with an expected close in Q1 2027 and a roughly 12-month timeline to completion.
• The companies expect the combined business to generate about $10 billion of revenue and ~$2 billion of Adjusted EBITDA (near 20% margins), with the purchase at ~7x 2026 EBITDA falling below 6x after an expected $200 million annual run-rate of cost synergies and projected >35% EPS accretion in year one and ~ $1 billion annual free cash flow.
• Management says the deal is strategically complementary — NCR Atleos brings ~600,000 ATMs, software and ATM-as-a-Service scale that should deepen Brink’s ATM managed services (AMS) and Digital Retail Solutions (DRS) offerings and enable cross-selling, route densification and cost optimization.
• The transaction is subject to customary regulatory and shareholder approvals and integration execution risks (potential distraction), will be funded with cash and a committed bridge facility, and Brink’s plans to reach net leverage of 2–3x EBITDA by end of 2027 while managing the integration.

NCR Atleos Trading Up 9.9%

Shares of NYSE NATL traded up $4.14 on Friday, reaching $46.01. 3,340,188 shares of the company traded hands, compared to its average volume of 459,303. The stock has a market capitalization of $3.40 billion, a PE ratio of 25.85 and a beta of 0.97. NCR Atleos has a fifty-two week low of $22.30 and a fifty-two week high of $46.55. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 8.43. The company has a 50 day moving average of $39.38 and a 200 day moving average of $38.48.

Key Headlines Impacting NCR Atleos

Here are the key news stories impacting NCR Atleos this week:

• Positive Sentiment: Q4 results beat estimates: NATL reported $1.49 EPS (above consensus) and revenue of $1.15B, with solid cash generation and improved free cash flow—key fundamentals that support a higher bid valuation. NCR Atleos Q4 Press Release
• Positive Sentiment: Acquisition announced: The Brink’s Company agreed to acquire NCR Atleos in a cash-and-stock transaction (~$6.6B reported) — an acquisition premium and the strategic logic (scale in ATM network) are primary drivers pushing NATL shares higher. Brinks to acquire NCR Atleos for $6.6 billion
• Neutral Sentiment: DA Davidson kept a Neutral rating but cut its price target to $50 (from $60), implying modest upside vs. current levels — this tempers enthusiasm by lowering analyst reference value. DA Davidson rating/price target note
• Neutral Sentiment: The company highlighted strong 2025 cash flow, adjusted free cash flow and share repurchases in its 2025 results release, supporting the deal rationale and valuation context. NCR Atleos Reports Strong Results in 2025
• Negative Sentiment: Shareholder-law firm probes: Multiple firms (Ademi LLP, Halper Sadeh LLC) have opened investigations into whether the transaction provides a fair price to NATL shareholders — potential litigation or pushback could delay closing or affect deal terms. Ademi Firm investigation Halper Sadeh investigation

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NATL. Allspring Global Investments Holdings LLC bought a new stake in NCR Atleos in the third quarter valued at about $3,942,000. New York State Common Retirement Fund raised its position in shares of NCR Atleos by 844.6% during the 3rd quarter. New York State Common Retirement Fund now owns 211,109 shares of the company’s stock valued at $8,299,000 after acquiring an additional 188,760 shares in the last quarter. Villanova Investment Management Co LLC raised its position in shares of NCR Atleos by 52.3% during the 3rd quarter. Villanova Investment Management Co LLC now owns 171,310 shares of the company’s stock valued at $6,734,000 after acquiring an additional 58,844 shares in the last quarter. K.J. Harrison & Partners Inc bought a new position in NCR Atleos during the third quarter worth $3,112,000. Finally, XTX Topco Ltd acquired a new position in NCR Atleos in the second quarter worth $1,595,000. Institutional investors and hedge funds own 88.66% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. DA Davidson reiterated a “neutral” rating and issued a $50.00 target price (down from $60.00) on shares of NCR Atleos in a research note on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NCR Atleos in a report on Thursday, January 22nd. Wall Street Zen cut shares of NCR Atleos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Wedbush reiterated an “outperform” rating and issued a $45.00 price objective on shares of NCR Atleos in a report on Friday, November 7th. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $44.00.

About NCR Atleos

NCR Atleos Corporation operates as a financial technology company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Self-Service Banking, Network, and Telecommunications & Technology (T&T). The Self-Service Banking segment offers solutions, including a line of automated teller machine (ATM) and interactive teller machine (ITM) hardware and software, as well as related installation, maintenance, and managed and professional services; and solutions to manage and run the ATM channel end-to-end for financial institutions comprising back office, cash management, software management and ATM deployment, and others.