Needham Reiterates Buy on N-able, Maintains $16.5 Price Target
$NABL
Computer Software: Prepackaged Software
Technology
Needham analyst Mike Cikos reiterates N-able (NYSE:NABL) with a Buy and maintains $16.5 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2024 | $14.00 → $13.50 | Market Perform | BMO Capital Markets |
| 1/24/2023 | $13.00 → $11.00 | Overweight → Neutral | JP Morgan |
| 12/29/2021 | $17.00 → $13.50 | Buy | Needham |
| 10/5/2021 | $14.00 | Market Perform | BMO Capital |
| 9/13/2021 | $18.00 | Outperform | RBC Capital |
| 9/7/2021 | Outperform | William Blair | |
| 8/26/2021 | $17.00 | Overweight | JP Morgan |
Acquisition Builds on Successful Partnership to Fuel Resilience Across the Full IT Environment and Strengthen the Security Posture of Customers Worldwide N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver security, remote monitoring and management, and data protection as-a-service solutions, today announced that it has acquired Adlumin, Inc., an award-winning provider of an enterprise-grade security operations platform for organizations of all sizes. Building upon Adlumin's and N-able's existing proven partnership providing extended detection and response (XDR) capabilities and managed detection and response (MDR) services, the acquisition will allow
TTM Dollar Based Net Revenue Retention Rate of 105% Updates Mid-Point of Full-Year 2024 Revenue Outlook to $462M Raises Full-Year 2024 Adjusted EBITDA Margin Outlook to 37% N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service and security solutions, today reported results for its third quarter ended September 30, 2024. "IT keeps businesses running and our software helps keep IT systems running and secure for small and medium sized enterprises and MSPs across the globe," said N-able president and CEO John Pagliuca. "We made considerable progress during the quarter as our product developmen
N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service, and security solutions, today announced that it will host a conference call to discuss its financial results for the third quarter of 2024 at 8:30 a.m. ET on November 7, 2024. A live webcast of the call will be available on the N-able Investor Relations website at http://investors.n-able.com. A replay of the webcast will be available on a temporary basis shortly after the event. N-able will issue its earnings release highlighting its third quarter results prior to the start of the conference call on November 7, 2024. About N-able N-able
4 - N-able, Inc. (0001834488) (Issuer)
4 - N-able, Inc. (0001834488) (Issuer)
4 - N-able, Inc. (0001834488) (Issuer)
BMO Capital Markets reiterated coverage of N-able with a rating of Market Perform and set a new price target of $13.50 from $14.00 previously
JP Morgan downgraded N-able from Overweight to Neutral and set a new price target of $11.00 from $13.00 previously
Needham reiterated coverage of N-able with a rating of Buy and set a new price target of $13.50 from $17.00 previously
N-able's (NYSE:NABL) short percent of float has risen 17.83% since its last report. The company recently reported that it has 1.07 million shares sold short, which is 1.52% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.14 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is imp
Gainers Cemtrex (NASDAQ:CETX) shares rose 14.2% to $0.45 during Thursday's pre-market session. The market value of their outstanding shares is at $4.7 million. Verb Tech (NASDAQ:VERB) stock rose 12.34% to $0.18. The company's market cap stands at $18.9 million. C3.ai (NYSE:AI) shares rose 11.62% to $26.7. The company's market cap stands at $3.2 billion. As per the news, the Q4 earnings report came out yesterday. Presto Automation (NASDAQ:PRST) shares rose 10.74% to $0.13. The market value of their outstanding shares is at $15.5 million. My Size (NASDAQ:MYSZ) shares increased by 8.69% to $3.75. The market value of their outstanding shares is at $2.4 million. N-able (NYSE:NABL) stock ros
Needham analyst Mike Cikos reiterates N-able (NYSE:NABL) with a Buy and maintains $16.5 price target.
SC 13D/A - N-able, Inc. (0001834488) (Subject)
SC 13G/A - N-able, Inc. (0001834488) (Subject)
SC 13G/A - N-able, Inc. (0001834488) (Subject)
8x8, Inc. (NASDAQ:EGHT), a leading business communications, CX, and Communications Platform as a Service provider, today announced the appointment of John Pagliuca, President and Chief Executive Officer at N-able (NYSE:NABL), to the Company's Board of Directors, effective November 18, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118269657/en/EGHT) announced that John Pagliuca has been appointed to the company's board of directors. (Photo: Business Wire)">8x8, Inc. (NASDAQ:EGHT) announced that John Pagliuca has been appointed to the company's board of directors. (Photo: Business Wire) Pagliuca has over 20 years of lead
Open MSP ecoverse provides a variety of technology integrations to deliver more efficiency, helping MSPs work smarter, not harder N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service, and security solutions, has shared the latest vendors to join its Technology Alliance Program (TAP), fostering more innovation within its open MSP ecoverse that helps deliver efficiency and more choice for better business outcomes. N-able TAP brings industry-leading technology companies together to further develop and integrate their solutions with the expansive solutions portfolio from N-able. This lets MSP
Company commitment to security, cloud, and data protection as-a-service is echoed by voting at premier IT awards for storage, cloud, and digitalization industries N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service, and security solutions has been awarded "Security Vendor of the Year" and "Backup and Archive Innovation of the Year" at the 13th annual SDC Awards ceremony held in London. The SDC Awards recognize and reward success and innovation in products and services from companies within the storage, cloud, and digitalization industries. Winners are selected by the voting public and read
8-K - N-able, Inc. (0001834488) (Filer)
10-Q - N-able, Inc. (0001834488) (Filer)
8-K - N-able, Inc. (0001834488) (Filer)
Acquisition Builds on Successful Partnership to Fuel Resilience Across the Full IT Environment and Strengthen the Security Posture of Customers Worldwide N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver security, remote monitoring and management, and data protection as-a-service solutions, today announced that it has acquired Adlumin, Inc., an award-winning provider of an enterprise-grade security operations platform for organizations of all sizes. Building upon Adlumin's and N-able's existing proven partnership providing extended detection and response (XDR) capabilities and managed detection and response (MDR) services, the acquisition will allow
8x8, Inc. (NASDAQ:EGHT), a leading business communications, CX, and Communications Platform as a Service provider, today announced the appointment of John Pagliuca, President and Chief Executive Officer at N-able (NYSE:NABL), to the Company's Board of Directors, effective November 18, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118269657/en/EGHT) announced that John Pagliuca has been appointed to the company's board of directors. (Photo: Business Wire)">8x8, Inc. (NASDAQ:EGHT) announced that John Pagliuca has been appointed to the company's board of directors. (Photo: Business Wire) Pagliuca has over 20 years of lead
Leadership expansion and corresponding in-market programs designed to help meet the unique needs of the evolving and diverse IT services channel N-able, Inc. (NYSE:NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service, and security solutions, has welcomed Jonathan Bartholomew, Vice President of Channel Sales; Paul Monaghan, Vice President of EMEA Sales; and Andy Hudson, Vice President of International Marketing. These key hires underscore the expanding support N-able has for the rapidly growing IT services market and its multi-layered channel with an active presence in 150 countries. These new additions to N