Scotiabank cuts N-Able stock price target on growth concerns

Scotiabank has reduced its price target for N-Able Inc. (NYSE:NABL) shares to $5.25 from $8.75, while maintaining a Sector Perform rating, citing growth concerns and unexciting top-line performance. The firm questioned the potential for outperformance given the 2026 guidance, which incorporates new products in the latter half of the year. Despite the essential nature of N-Able’s software, Scotiabank observed no AI-related tailwinds and noted that a top-line acceleration would be necessary for the stock to re-rate higher, a view it currently cannot confidently support in a fragmented software market.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)