Reading the tape
NYSE: NABL
N-able, Inc.
Technology · Information Technology Services
Market Cap
$1.04B
52w High
$9.04
52w Low
$4.15
P/E
-60.38
Volume
21.92K
Outstanding Shares
188.38M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -23.01%Revenue (TTM): 9.71%FCF (TTM): 27.47%P/FCF: 0th pct
What changed
The stock fell 23.01% over the last year. Revenue grew 9.71% over the trailing twelve months. Operating margin moved from 17.67% to 7.75%. Free cash flow grew 27.47% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 7.75%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
N-able, Inc. provides cloud-based software solutions for managed service providers (MSPs) in the United States, the United Kingdom, and internationally.
CEOJohn Pagliuca
SectorTechnology
IndustryInformation Technology Services
Employees1,800
IPO dateJul 19, 2021
Valuation
Forward P/E—
EV/EBITDA21.26
Enterprise value$1.75B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth11.81%
Gross margin77.87%▼7.11%vs FY2024
Operating margin7.75%▼36.19%vs FY2024
ROE-2.12%▼151.91%vs FY2024
Analyst consensus
RatingHold
Target price$5.38▼2.36%
2
Buy
3
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $0.09 · Revenue est $131.54M
View