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N-able's price target cut amid Q2 growth and strategic shifts in cybersecurity market.

Market News
11 Aug 2026
Stuart Mooney
View Source
Bearish
pluang ai news

N-able's price target was lowered by Scotiabank from $5.75 to $3.65 following a revised full-year outlook due to weaker renewals in endpoint management and detection. Despite this, the company reported 6% growth in annual recurring revenue to $544 million and total revenue of $138.22 million in Q2 2026. N-able is responding with strategic changes, including appointing a new Chief Revenue Officer, aiming to strengthen its market position as its stock trades near a 52-week low. This reflects resilience amid cybersecurity challenges and evolving AI threats.

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