NCR Atleos Corporation (NATL) AI Stock Analysis

NCR Atleos Corporation operates as a financial technology firm structured into three core segments: Self-Service Banking, Payments and Network, and Telecommunications and Technology. The company delivers self-directed banking solutions utilizing automated and interactive teller machine (ATM) technology, offering hardware, software, services, and access to the Allpoint network. In addition to self-service banking solutions, NCR Atleos Corporation provides managed network and infrastructure services to enterprise clients through direct partnerships with communications service providers and technology manufacturers. Its clientele includes financial institutions, merchants, manufacturers, retailers, and consumers across the United States, Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

Between FY2021 and FY2025, revenue expanded from $3.55B to $4.35B, reflecting a 5-year revenue CAGR of 7.8%. Annual revenue grew 18.7% in FY2021, 16.4% in FY2022, 1.5% in FY2023, 3.0% in FY2024, and 0.9% in FY2025. Operating margin improved from 7.0% in FY2021 to 11.0% in FY2025, while gross margin was 24.4% in FY2025. Net income moved from -$134.0M in FY2023 to $162.0M in FY2025, with FY2025 EPS reaching $4.00. For the trailing twelve months ended June 30, 2026, revenue totaled $4.42B and operating margin reached 15.0%. In the latest quarter, quarterly revenue growth was 0.1% year-over-year while quarterly earnings grew 65.4%.

As of June 30, 2026, NCR Atleos held $429.0M in cash and short-term investments against $2.94B in total debt, resulting in net debt of $2.51B. Shareholders' equity was $464.0M, yielding a debt-to-equity ratio of 6.33 and a current ratio of 1.03. Operating cash flow in FY2025 was $356.0M, generating free cash flow of $239.0M after capital expenditures of $117.0M. During FY2025, the company directed $28.0M toward share buybacks, while total assets stood at $5.66B.

NATL trades at a forward P/E of 7.4x and an EV to EBITDA multiple of 7.6x, both below the median of its US-listed Technology peers at 18.8x and 16.6x, respectively. The company's price-to-sales ratio of 0.8x is also below the peer median of 2.8x, while trailing P/E sits at 17.8x versus the peer median of 28.1x. Over the past year, NATL gained 24.7%, outperforming the S&P 500 (SPY) return of 16.8%.

All 3 covering analysts assign a Hold rating to NATL, with 0 Buy and 0 Sell ratings. The mean price target is $50.20, representing a 9.3% premium over the last close of $45.94. Consensus projections indicate current fiscal year EPS of $4.80 on revenue of $4.47B, followed by next fiscal year EPS of $5.36 on revenue of $4.65B. The company beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 4, 2026.

This page is an AI-written research summary of NCR Atleos Corporation (NATL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: NATL income statement, NATL balance sheet, NATL key metrics, NATL analyst forecast, NATL chart. See the NATL stock overview for the latest quote and news.