NATL
TechnologyNCR Atleos Corporation · Software - Application · $3B
What is NCR Atleos Corporation?
NCR Atleos Corporation is a financial technology company focused on self-directed banking infrastructure. Spun off as an independent entity in 2023 and headquartered in Atlanta, it serves financial institutions, retailers, and consumers across global markets.
NCR Atleos generates revenue by providing ATM hardware, software, and managed services to banks, credit unions, and retailers. Its Allpoint network connects financial institutions and fintechs to a broad cash-access infrastructure. The company also offers ATM-as-a-service arrangements, handling back-office operations and cash management on behalf of clients. A telecommunications and technology segment rounds out the business, delivering managed network services to enterprise customers through partnerships with communications providers.
NCR Atleos was established as an independent public company in 2023, headquartered in Atlanta, Georgia.
- ATM hardware, software, and installation services
- ATM-as-a-service for financial institutions
- Allpoint cash-access network for banks and fintechs
- LibertyX Bitcoin buy-and-sell solution for consumers
- Managed network and infrastructure services for enterprises
Is NATL a Good Stock to Buy?
UQS Score rates NATL as Below Average overall.
The most constructive aspects of NATL's profile are its Valuation pillar, rated Attractive, and its Growth and Risk pillars, both rated Neutral. The Attractive valuation label suggests the market may already be pricing in many of the company's challenges, which could interest value-oriented investors willing to accept uncertainty.
Both the Quality and Moat pillars are rated Weak, pointing to below-average business durability and limited competitive insulation — meaningful concerns for long-term holders.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does NATL pay dividends?
No — NCR Atleos Corporation does not currently pay a dividend.
NATL does not currently pay a dividend. As a relatively recently independent company still building out its operational structure, capital is directed toward sustaining and developing its ATM network and managed-services platform rather than returning cash to shareholders through distributions.
When does NATL report earnings?
NCR Atleos reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
The company's Growth pillar is rated Neutral, reflecting a revenue trajectory that is neither accelerating sharply nor declining materially. Execution across its three operating segments — Self-Service Banking, Network, and T&T — drives the quarterly results investors monitor most closely.
For the most recent quarter's results and upcoming reporting dates, visit NCR Atleos's investor relations page directly.
NATL Price History
+86.4% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in NCR Atleos Corporation?
Based on NCR Atleos Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
NATL Long-term Outlook
With Growth rated Neutral and Risk also Neutral, NATL's near-term fundamental trajectory appears stable rather than expansionary. The business is not positioned as a high-growth fintech, but its recurring managed-services model provides some revenue predictability. Weak Quality and Moat ratings temper optimism about margin expansion or durable competitive gains. The Attractive Valuation label indicates the current price may reflect these limitations, leaving the risk-reward dependent on execution improvements.
Growth drivers
- Expansion of the Allpoint network to neobanks and fintechs seeking cash-access infrastructure
- Growth in ATM-as-a-service contracts as banks outsource ATM operations
- Managed network services demand from enterprise clients across industries
Key risks
- Weak Moat rating signals limited pricing power against larger or lower-cost competitors
- Weak Quality rating raises questions about capital efficiency and earnings consistency
- Secular decline in cash usage could pressure long-term ATM network volumes
NATL vs Peers
NCR Atleos operates in a broad fintech and technology-services landscape, where it can be benchmarked against other mid-market technology companies.
monday.com focuses on cloud-based work-management software, a high-growth SaaS model that contrasts sharply with NATL's hardware-anchored ATM services business.
Dave operates as a consumer neobank and fintech app, competing at the consumer financial-services layer where NATL's Allpoint network also touches end users seeking cash access.
SoundHound AI develops voice-AI technology for enterprises, representing a software-driven, AI-focused growth profile that differs fundamentally from NATL's physical ATM infrastructure model.
Frequently Asked Questions
What does NCR Atleos do?
NCR Atleos provides self-directed banking infrastructure, primarily ATM hardware, software, and managed services. It also operates the Allpoint cash-access network used by banks, credit unions, and fintechs, and offers managed network services to enterprise clients through its Telecommunications and Technology segment.
Does NATL pay dividends?
No, NATL does not currently pay a dividend. The company, having become independent in 2023, is focused on sustaining its ATM network and managed-services operations rather than distributing cash to shareholders at this stage.
When does NATL report earnings?
NCR Atleos follows a standard quarterly earnings cadence for US-listed companies. Specific upcoming report dates are not covered by our data source — check the company's investor relations page for the current schedule.
Is NATL a good stock to buy?
UQS Score rates NATL as Below Average, driven by Weak Quality and Moat pillars. The Attractive Valuation label and Neutral Growth and Risk ratings provide some balance, but the overall profile suggests meaningful fundamental challenges. The complete analyst view is available to Pro members.
Is NATL overvalued?
NATL's Valuation pillar is rated Attractive, suggesting the stock is not considered expensive relative to its fundamentals within the UQS framework. However, an attractive price alone does not offset concerns reflected in the Weak Quality and Moat ratings.
How does NATL compare to its competitors?
NATL's ATM-infrastructure model differs significantly from peers like monday.com, which is a SaaS business, and SoundHound AI, which is AI-focused. Dave Inc. overlaps at the consumer fintech layer. NATL's physical network assets are a differentiator, though its Weak Moat rating suggests limited competitive insulation overall.
What is NATL's market cap bracket?
NATL is classified as a mid-cap stock. This places it in a range that typically attracts both institutional and retail investors, though mid-cap companies can carry more volatility than large-cap peers in the same sector.
Who founded NCR Atleos?
NCR Atleos was created through the separation of NCR Corporation's ATM and banking-technology businesses. It began trading as an independent public company in 2023. Founding context for the parent NCR Corporation is widely publicly available and dates back much further.
Is NATL a long-term quality investment?
As a long-term quality indicator, NATL's Below Average UQS Score — anchored by Weak Quality and Moat pillars — suggests the business currently lacks the durability characteristics associated with high-quality long-term holdings. The Neutral Risk rating provides some stability, but sustained improvement in core pillars would be needed to change that picture.
What is the main competitive advantage of NCR Atleos?
NCR Atleos's primary competitive asset is its established ATM network infrastructure, including the Allpoint network, which gives financial institutions and fintechs ready-made cash-access reach. However, the UQS Moat pillar is rated Weak, indicating this advantage may not provide strong long-term pricing power or barriers to competition.
What sector does NATL belong to?
NATL is classified in the Technology sector, specifically within financial technology. Its business bridges physical ATM hardware and software with managed services, placing it at the intersection of traditional banking infrastructure and modern fintech delivery models.
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Pro Analysis
NATL — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 46.1 | 32.7 | 25.0 | 40.0 | 59.6 | 98.1 | -1.5 |
| May 7, 2026 | 47.6 | 38.9 | 25.0 | 40.0 | 59.6 | 98.1 | 0.0 |
| Apr 26, 2026 | 47.6 | 38.9 | 25.0 | 40.0 | 59.6 | 98.2 | 0.0 |
| Apr 19, 2026 | 47.6 | 38.9 | 25.0 | 40.0 | 59.6 | 98.0 | -0.1 |
| Apr 18, 2026 | 47.7 | 39.3 | 25.0 | 40.0 | 59.6 | 98.2 | 0.0 |
| Apr 11, 2026 | 47.7 | 39.3 | 25.0 | 40.0 | 59.6 | 97.8 | +0.1 |
| Apr 9, 2026 | 47.6 | 39.2 | 25.0 | 40.0 | 59.6 | 97.8 | -0.1 |
| Apr 8, 2026 | 47.7 | 39.4 | 25.0 | 40.0 | 59.6 | 97.8 | 0.0 |
| Apr 2, 2026 | 47.7 | 39.3 | 25.0 | 40.0 | 59.6 | 97.8 | — |
NATL — Pillar Breakdown
Quality
— 32.7/100 (25%)NCR Atleos Corporation currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 40.0/100 (20%)NCR Atleos Corporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 59.6/100 (15%)NCR Atleos Corporation maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 98.1/100 (15%)NCR Atleos Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 25/100 (25%)NCR Atleos Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for NATL.
Score Composition
Financial Data
More Stock Analysis
How is the NATL UQS Score Calculated?
The UQS (Unified Quality Score) for NCR Atleos Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses NCR Atleos Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether NCR Atleos Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.