NYSE · NABL

N-able, Inc.

Technology · Information Technology Services

$4.02▲ 4.42% ($0.17)at close

After hours$4.10▲ 1.99%5:05 PM ET

52-week

$2.92$8.74

Market cap

$757.28M

P/E

-163.41

EPS (TTM)

-$0.02

Next earnings

Nov 5, 2026

No multiple

What the market price implies · Reverse DCF

To support a price of $4.02, this model requires revenue to grow by 3.97%/yr over the next 10 years, compounded annually.

Historical revenue grew by 10.23%/yr over the past 4 years. The required annual growth rate is 6.25 percentage points lower.

Selected forecast · Base scenario

5.54%/yr · actual 10-year annualized revenue growth

Year 1 growth: 8.68%

Market-implied · Base operating assumptions + edited margins

3.97%/yr · flat 10-year annualized revenue growth

Reverse DCF solves revenue growth itself using Base operating assumptions and your edited margins. Changing forecast growth alone does not change the implied rate. This is a model-implied requirement, not an analyst forecast.

Valuation

Recommended · Revenue & margin DCF

Price used

$4.02

Estimated value / share

$4.81

Base scenario

This estimate is 19.75% above the price used.

USD · TTM ending 2026-06-30

Year 1 growth 8.68% · Ending margin 10.73% · Discount rate 7.55%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 17, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 17, 2026, 10:21 PM UTC · cache

Why this method?

FCFF is positive, but it is still too unstable and too short-lived to anchor even a normalized FCFF DCF. Use revenue and margin assumptions instead of compounding current FCFF.

Is FCFF positive and has it been for 3+ consecutive years? 4 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 218.7%.

Do you have 5+ years of positive FCFF history? Only 4 consecutive positive FCFF years are available.

Price vs Fundamentals

Why The Stock Is Moving

Likely multiple compressionModerate confidence

1Y Price: -50.55%Revenue (TTM): 10.67%FCF (TTM): 1.8%P/FCF: 6th pct

What changed

The stock fell 50.55% over the last year. Revenue grew 10.67% over the trailing twelve months. Operating margin moved from 10.75% to 10.73%. Free cash flow grew 1.8% 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 6th 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 10.73%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.

Performance

Return analysis

Company profile

N-able, Inc. furnishes cloud-powered software offerings specifically for managed service providers (MSPs) across the United States, the United Kingdom, and globally.

CEOJohn Pagliuca

SectorTechnology

IndustryInformation Technology Services

Employees1,978

IPO dateJul 19, 2021

https://www.n-able.com

Market multiples

Forward P/E—

EV/EBITDA21.26

Enterprise value$1.75B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth5.31%

Gross margin (FY2025)76.81%▼5.9ppvs FY2024

Operating margin (FY2025)11.28%▼6.4ppvs FY2024

ROE-0.58%▲1.6ppvs FY2025

Analyst consensus

RatingHold

Target price$4.47▲11.19%

Buy

Hold

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

Nov 5, 2026

Q4 FY26 · EPS est $0.11 · Revenue est $135.03M

View

NYSE · NABL

N-able, Inc.

Technology · Information Technology Services

$4.02▲ 4.42% ($0.17)at close

After hours$4.10▲ 1.99%5:05 PM ET

52-week

$2.92$8.74

Market cap

$757.28M

P/E

-163.41

EPS (TTM)

-$0.02

Next earnings

Nov 5, 2026

No multiple

What the market price implies · Reverse DCF

To support a price of $4.02, this model requires revenue to grow by 3.97%/yr over the next 10 years, compounded annually.

Historical revenue grew by 10.23%/yr over the past 4 years. The required annual growth rate is 6.25 percentage points lower.

Selected forecast · Base scenario

5.54%/yr · actual 10-year annualized revenue growth

Year 1 growth: 8.68%

Market-implied · Base operating assumptions + edited margins

3.97%/yr · flat 10-year annualized revenue growth

Valuation

Recommended · Revenue & margin DCF

Price used

$4.02

Estimated value / share

$4.81

Base scenario

This estimate is 19.75% above the price used.

USD · TTM ending 2026-06-30

Year 1 growth 8.68% · Ending margin 10.73% · Discount rate 7.55%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 17, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 17, 2026, 10:21 PM UTC · cache

Why this method?

FCFF is positive, but it is still too unstable and too short-lived to anchor even a normalized FCFF DCF. Use revenue and margin assumptions instead of compounding current FCFF.

Is FCFF positive and has it been for 3+ consecutive years? 4 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 218.7%.

Do you have 5+ years of positive FCFF history? Only 4 consecutive positive FCFF years are available.

Price vs Fundamentals

Why The Stock Is Moving

Likely multiple compressionModerate confidence

1Y Price: -50.55%Revenue (TTM): 10.67%FCF (TTM): 1.8%P/FCF: 6th pct

What changed

The stock fell 50.55% over the last year. Revenue grew 10.67% over the trailing twelve months. Operating margin moved from 10.75% to 10.73%. Free cash flow grew 1.8% over the trailing twelve months.

What the market seems to be pricing

What would invalidate this read

This read changes if operating margin (currently 10.73%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.

Performance

Return analysis

Company profile

N-able, Inc. furnishes cloud-powered software offerings specifically for managed service providers (MSPs) across the United States, the United Kingdom, and globally.

CEOJohn Pagliuca

SectorTechnology

IndustryInformation Technology Services

Employees1,978

IPO dateJul 19, 2021

https://www.n-able.com

Market multiples

Forward P/E—

EV/EBITDA21.26

Enterprise value$1.75B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth5.31%

Gross margin (FY2025)76.81%▼5.9ppvs FY2024

Operating margin (FY2025)11.28%▼6.4ppvs FY2024

ROE-0.58%▲1.6ppvs FY2025

Analyst consensus

RatingHold

Target price$4.47▲11.19%

Buy

Hold

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

Nov 5, 2026

Q4 FY26 · EPS est $0.11 · Revenue est $135.03M

View