As previously reported, Craig-Hallum analyst Jeremy Hamblin upgraded Napco Security (NSSC) to Buy from Hold with a $40 price target after an impressive Q4 beat with momentum carrying into FY26. The demand environment has markedly improved following the noise from tariffs with Equipment Revs normalizing while inventories have been significantly reduced. Most importantly, the company saw high margin Recurring Service Revs inflect higher in Q4 with the highest sequential growth in six quarters and momentum continuing through July with annualized RSR accelerating from Q3 and implying likely upside for Q1, the firm says.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NSSC:
- Napco Security upgraded to Buy from Hold at Lake Street
- Napco Security price target raised to $45 from $33 at DA Davidson
- Napco Security upgraded to Buy from Hold at Craig-Hallum
- Napco Security’s Compliance Challenges: Navigating the Costs and Risks of Public Company Operations
- NAPCO Security Technologies Reports Fiscal 2025 Results