Analysts Offer Predictions for Tenable FY2026 Earnings

Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of Tenable in a report released on Monday, June 9th. Cantor Fitzgerald analyst J. Ruykhaver expects that the company will post earnings of $0.34 per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $50.00 price objective on the stock. The consensus estimate for Tenable's current full-year earnings is $0.12 per share.

A number of other analysts also recently commented on the stock. Westpark Capital reissued a "hold" rating on shares of Tenable in a report on Wednesday, April 30th. Jefferies Financial Group reduced their price target on shares of Tenable from $45.00 to $37.00 and set a "hold" rating for the company in a research report on Monday, March 31st. Wells Fargo & Company lowered their price target on Tenable from $50.00 to $40.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Barclays dropped their price objective on Tenable from $40.00 to $33.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 30th. Finally, DA Davidson decreased their target price on Tenable from $45.00 to $28.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 30th. Eight research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $40.44.

Tenable Price Performance

Shares of NASDAQ:TENB traded up $0.04 on Tuesday, reaching $31.86. 1,496,919 shares of the company were exchanged, compared to its average volume of 1,101,893. The company has a 50-day moving average of $32.24 and a 200-day moving average of $36.96. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.88. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of -106.20 and a beta of 0.79. Tenable has a 1-year low of $28.75 and a 1-year high of $49.18.

Tenable (NASDAQ:TENB - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.08. The firm had revenue of $239.14 million for the quarter, compared to analyst estimates of $234.12 million. Tenable had a negative return on equity of 2.07% and a negative net margin of 4.03%. Tenable's quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.25 earnings per share.

Insider Buying and Selling at Tenable

In related news, CEO Stephen A. Vintz sold 3,386 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $32.45, for a total transaction of $109,875.70. Following the sale, the chief executive officer now owns 328,008 shares in the company, valued at approximately $10,643,859.60. This trade represents a 1.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Mark C. Thurmond sold 2,483 shares of Tenable stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $32.45, for a total transaction of $80,573.35. Following the completion of the sale, the chief executive officer now directly owns 72,727 shares of the company's stock, valued at $2,359,991.15. The trade was a 3.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 19,845 shares of company stock worth $637,709. Corporate insiders own 1.50% of the company's stock.

Institutional Investors Weigh In On Tenable

Several hedge funds have recently made changes to their positions in TENB. Mirae Asset Global Investments Co. Ltd. lifted its position in Tenable by 21.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,082 shares of the company's stock worth $359,000 after buying an additional 1,603 shares during the period. Entropy Technologies LP increased its stake in shares of Tenable by 62.9% during the 4th quarter. Entropy Technologies LP now owns 13,708 shares of the company's stock valued at $540,000 after acquiring an additional 5,294 shares during the last quarter. Vontobel Holding Ltd. lifted its holdings in shares of Tenable by 18.3% during the 4th quarter. Vontobel Holding Ltd. now owns 202,809 shares of the company's stock worth $7,987,000 after acquiring an additional 31,359 shares during the period. Rhumbline Advisers boosted its position in shares of Tenable by 2.2% in the fourth quarter. Rhumbline Advisers now owns 165,650 shares of the company's stock worth $6,523,000 after acquiring an additional 3,554 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D grew its holdings in Tenable by 7.4% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 51,463 shares of the company's stock valued at $2,027,000 after purchasing an additional 3,551 shares during the period. Institutional investors and hedge funds own 89.06% of the company's stock.

About Tenable

Tenable Holdings, Inc provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization's IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities.