N-able, Inc. (NABL)

Over the past six months, N-able's stock price has been impacted by several events. In November 2025, N-able reported strong third-quarter earnings, amended its credit agreement, delivered on CMMC 2.0 Readiness for N-central, and introduced a Cyber Warranty Program. In October 2025, N-able was honored with five workplace awards. In September 2025, N-able strengthened its security capabilities, launched Cat-MIP, announced its first annual Cyber Resilience Summit, and enhanced Cove Data Protection with Anomaly Detection as a Service. In August 2025, N-able confirmed that attackers exploited vulnerabilities in its N-central RMM platform and released a hotfix. In March 2025, shares of N-able fell sharply after the company announced its fourth-quarter and full-year 2024 results, which included a lower-than-expected revenue forecast.

N-able's revenue is primarily generated through software subscriptions and related services for IT service providers, suggesting a relatively stable demand rather than significant seasonality. The consistent reporting of strong annual recurring revenue (ARR) and year-over-year growth in subscription revenue indicates a continuous need for their cyber resilience platform and IT management solutions. The rising demand for cloud-based solutions and cybersecurity services also presents ongoing opportunities for N-able.

N-able, Inc. is a global software company providing cloud-based solutions for managed service providers (MSPs), enabling them to support the digital transformation and growth of small and medium-sized enterprises (SMEs). The company's platform is an integrated, enterprise-grade solution that serves as an operating system for its MSP partners. Its core solutions include Remote Monitoring and Management (RMM), Security Solutions offering a layered approach, and Data Protection as-a-Service providing backup and disaster recovery. Additionally, N-able offers professional services automation, automation and scripting management, password management policies, and reporting and analytics activities.

N-able, Inc. provides its cloud-based software solutions to managed service providers in the United States, the United Kingdom, and internationally. The majority of its revenue is generated from the United States, with North American MSPs contributing about 62% of the total partner revenue. The company maintains offices and support centers in key regions to facilitate continuous product development and localized customer service.

In the past year, N-able has received positive recognition for its workplace culture and leadership, including accolades for career growth, leadership teams, and inspiring workplace. However, N-able's reputation was impacted by a security incident in August 2025, where attackers exploited vulnerabilities in its N-central RMM platform. While N-able quickly addressed the issue, some MSP executives raised concerns about the company's communication during the incident.

N-able, Inc. operates with a mixed ownership structure, including institutional, insider, and retail investors. Institutional investors hold a significant portion of the company's stock, ranging from approximately 88.94% to 98.70%. Major institutional owners include Silver Lake Group LLC, Thoma Bravo LP, Blackrock Inc., The Vanguard Group Inc., Sunriver Management LLC, Dimensional Fund Advisors LP, and State Street Corp. Insider ownership ranges from approximately 0.79% to 49.23%. Slta IV GP LLC is noted as the largest individual N-able shareholder.