N-Able Q2 revenue slightly beats estimates on AI-powered cybersecurity growth

N-Able

10/08/2026 12:12

Overview
Cybersecurity platform's preliminary Q2 revenue grew 5.9%, slightly beating analyst expectations
Adjusted EPS for preliminary Q2 met consensus estimates
Company updated full-year 2026 ARR outlook to $562 mln–$565 mln

Outlook
N-able sees Q3 revenue between $134.5 mln and $135.5 mln
Company expects full-year 2026 revenue of $539 mln to $542 mln
N-able forecasts 2026 ARR of $562 mln to $565 mln

Result Drivers
AI-POWERED CAPABILITIES - Co said launch of Shadow AI Visibility and focus on AI-driven cybersecurity innovation supported growth
ORGANIZATIONAL CHANGES - Co cited appointment of new Chief Revenue Officer and realignment of resources to target priority opportunities
PARTNER-LED STRATEGY - Co said strengthening go-to-market leadership and expanding partner and channel ecosystem aimed to drive next phase of growth

Company press release: ID:nBw3vRfNPa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$138.20 mln
$137.95 mln (6 Analysts)
Q2 Adjusted EPS
Meet
$0.10
$0.10 (6 Analysts)
Q2 EPS
 
$0.01
 
Q2 Net Income
 
$1.80 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for N-Able Inc is $6.00, about 20.2% above its August 7 closing price of $4.99
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

Reuters Recommended Reads
Aug 7 - OpenAI flags possible critical cybersecurity risk in upcoming model, tightens controls
Aug 7 - Cloudflare shares jump after forecast raise on higher AI-driven spending 
Aug 10 - North Korean hacking group builds AI tools for cyberattacks, report says

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)