With a stock price of $3.70, N-able, Inc. (NYSE:NABL) is among the 8 Best Up and Coming Penny Stocks to Buy Now.
On May 8, Scotiabank raised its price target on N-able, Inc. (NYSE:NABL) to $5.75 from $5.25 while maintaining a Sector Perform rating
The firm noted that the company delivered a quarter characterized by solid annual recurring revenue growth and healthy profitability, although management’s 2026 guidance did not move materially higher, leading the analyst to maintain a balanced view on the stock. The same day, Needham lowered its price target on N-able, Inc. (NYSE:NABL) to $6.50 from $8 but reiterated a Buy rating on the shares. Despite the reduced target, the continued Buy recommendation indicates confidence in the company’s long-term prospects, particularly given its recurring revenue model and strategic position within the managed services software ecosystem.
N-able, Inc. (NYSE:NABL) is a global software company that provides cloud-based IT management, remote monitoring and management, cybersecurity, and automation solutions designed primarily for Managed Service Providers. Its platform helps IT service providers manage, secure, and support customer technology environments more efficiently while benefiting from recurring subscription-based revenue streams. The company is headquartered in Burlington, Massachusetts, was founded in 2000, and became publicly traded in 2021.