Wall Street Analysts Predict a 25.46% Upside in N-able (NABL): Here's What You Should Know

Core Viewpoint - N-able (NABL) shares have increased by 1.5% recently, closing at $7.62, with analysts suggesting a potential upside of 25.5% based on a mean price target of $9.56 [1] Price Targets - The average price target consists of four estimates ranging from $8.75 to $10.00, with a standard deviation of $0.59, indicating a potential increase of 14.8% to 31.2% from the current price [2] - A low standard deviation suggests a strong agreement among analysts regarding the price targets, which can be a useful starting point for further research [9] Earnings Estimates - Analysts are optimistic about NABL's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 22.2%, with no negative revisions [12] Zacks Rank - NABL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential for upside [13] Conclusion on Price Targets - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [14]