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Upturn AI Summary - About
NCR Atleos Corporation(NATL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NATL
10/20/2026: NATL (2-star) is currently NOT-A-BUY. Pass it for now.
NCR Atleos Corporation is a specialized financial technology company focused on managing global ATM networks, hardware, and service solutions. The company operates the extensive Allpoint surcharge-free network, which serves as a major competitive advantage. Its primary growth opportunity lies in the shift of financial institutions toward the ATM-as-a-Service model, which promises recurring revenue. However, the company faces material risks, including high debt levels, a structural decline in cash usage, and intense competition from digital payment alternatives. The stock is best suited for value-oriented investors who can monitor the company's ability to deleverage while effectively navigating the transition toward modern, managed self-service financial infrastructure.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is tied to the transition to managed services rather than explosive market expansion. |
| Momentum investor | Weak fit | Stock lacks consistent upward momentum signals and faces headwinds from broader cash-usage trends. |
| Value investor | Strong fit | The company may appear attractively valued if the ATM-as-a-Service model successfully stabilizes margins. |
| Dividend investor | Weak fit | No dividend is currently paid, as cash is prioritized for debt reduction. |
| Low-risk investor | Weak fit | High debt levels and industry-wide technological shifts create significant risk profile. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | As a relatively new standalone entity, the stock may experience significant price swings during market readjustments. |
| Valuation risk | Medium | Market pricing of the stock depends on the successful execution of the debt-reduction and service-growth strategy. |
| Competition risk (ATM/Fintech) | High | The company faces persistent competition from both legacy ATM manufacturers and modern digital payment alternatives. |
| Business quality | Medium | While the franchise is established, the long-term utility of the physical ATM model is under continuous scrutiny. |
| Dividend income | Low / none | There is no current dividend income to provide a buffer for long-term investors. |
| Execution risk | Medium / high | Successfully managing a massive hardware fleet while navigating a digital-first world requires precise operational execution. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 11.19% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/20/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.39B USD | Price to earnings Ratio 17.82 | 1Y Target Price 50.2 |
Price to earnings Ratio 17.82 | 1Y Target Price 50.2 | ||
Volume (30-day avg) 895.5K shares | Beta 0.57 | 52 Weeks Range 33.31 - 48.50 | Updated Date 10/20/2026 |
52 Weeks Range 33.31 - 48.50 | Updated Date 10/20/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.57 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| ATM-as-a-Service | Outsourced ATM network management and operational support. | They take over the headache of running ATMs for banks for a recurring fee. |
| Hardware Sales | Sales of new ATM units and specialized self-service kiosks. | The company sells the physical machines that banks use to dispense cash. |
| Network Services | Allpoint network access and transaction routing services. | They make money from the connections that allow users to access cash at various retail locations. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 17.82 | Forward PE 7.41 | Enterprise Value 5.89B | Price to Sales(TTM) 0.77 |
Enterprise Value 5.89B | Price to Sales(TTM) 0.77 | ||
Enterprise Value to Revenue 1.33 | Enterprise Value to EBITDA 7.65 | Shares Outstanding 73.90M | Shares Floating 73.36M |
Shares Outstanding 73.90M | Shares Floating 73.36M | ||
Percent Insiders 1.33 | Percent Institutions 99.31 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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