NCR Atleos (NATL) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.49
- Estimate
- $0.98
- Surprise
- +52.8%
- Revenue (period 2026-06-30)
- $1.10B
- Score at report (before → after)
- 6.0 → 6.0/10
Revenue source: xbrl.
How the report landed
NCR Atleos (NATL) beat the $0.98 estimate with diluted EPS of $1.49 — a large 52.8% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.0/10) to Sell at 6.0/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates NATL Sell at 6.1/10.
3 of the last 4 quarters beat the estimate; this quarter's +52.8% surprise compares with a +10.1% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Strong earnings beat streak (3/4)
- Attractive valuation
What argues against it
- Concentration risk — Geographic: outside United States (55.0%)
- Analyst target reached - limited upside remaining
- Near 52-week high (4.3% away)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $46.41
- Price target
- $53.37
- Stop
- $44.91
- Upside to target
- +15.0%
The stock trades at 18.1× trailing but 8.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.
NATL at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Application
- Market cap
- $3.43B
- P/E (fwd)
- 8.5
- P/E (ttm)
- 18.1
- 52-week range
- $33.31–$48.50
- Off 52-week high
- 4.3%
- RSI (14)
- 47
- Volume vs avg
- 0.44×
- Score today
- 6.1/10