Tenable (NASDAQ:TENB) Updates Q3 2025 Earnings Guidance

Key Points

• Tenable (NASDAQ:TENB) has updated its Q3 2025 earnings guidance with an EPS range of 0.360-0.370, below the consensus estimate of 0.382, and revenue guidance of $246.0 million-$248.0 million, above the consensus of $243.9 million.
• The stock price of Tenable dropped $0.66 to $32.24, with an increased trading volume of 2,796,452 shares compared to its average of 1,376,930 shares.
• Analysts remain optimistic, with Barclays raising its target price from $33.00 to $39.00 and a consensus rating of "Moderate Buy," indicating growing confidence in the company's performance.

Tenable (NASDAQ:TENB - Get Free Report) updated its third quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.360-0.370 for the period, compared to the consensus EPS estimate of 0.382. The company issued revenue guidance of $246.0 million-$248.0 million, compared to the consensus revenue estimate of $243.9 million. Tenable also updated its FY 2025 guidance to 1.450-1.530 EPS.

Analyst Ratings Changes

Several research firms recently issued reports on TENB. Morgan Stanley upped their price target on shares of Tenable from $28.00 to $32.00 and gave the company an "equal weight" rating in a report on Thursday. Wedbush upped their price target on shares of Tenable from $40.00 to $42.00 and gave the company an "outperform" rating in a report on Thursday. Robert W. Baird cut their price target on shares of Tenable from $44.00 to $40.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Needham & Company LLC upped their price target on shares of Tenable from $35.00 to $42.00 and gave the company a "buy" rating in a report on Thursday. Finally, JPMorgan Chase & Co. cut their price target on shares of Tenable from $53.00 to $43.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $41.06.

Tenable Stock Performance

NASDAQ TENB traded down $0.74 on Friday, hitting $30.57. The stock had a trading volume of 1,722,086 shares, compared to its average volume of 1,469,725. Tenable has a one year low of $28.75 and a one year high of $45.44. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.93. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of -82.62 and a beta of 0.76. The company's 50-day moving average is $32.91 and its two-hundred day moving average is $35.10.

Tenable (NASDAQ:TENB - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04. Tenable had a negative net margin of 4.74% and a negative return on equity of 3.22%. The company had revenue of $247.30 million for the quarter, compared to analyst estimates of $242.15 million. During the same quarter last year, the business earned $0.31 earnings per share. Tenable's revenue was up 11.8% compared to the same quarter last year. On average, analysts expect that Tenable will post 0.12 earnings per share for the current year.

Insider Buying and Selling at Tenable

In other Tenable news, CEO Mark C. Thurmond sold 2,483 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 value of $80,573.35. Following the sale, the chief executive officer owned 72,727 shares in the company, valued at approximately $2,359,991.15. This trade represents a 3.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Barron Anschutz sold 970 shares of the firm's stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $33.08, for a total transaction of $32,087.60. Following the completion of the sale, the insider owned 58,311 shares in the company, valued at $1,928,927.88. The trade was a 1.64% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,815 shares of company stock worth $669,797. 1.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Tenable

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Tenable by 5.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 326,924 shares of the company's stock valued at $11,436,000 after buying an additional 17,349 shares in the last quarter. Royal Bank of Canada grew its position in Tenable by 11.5% in the 1st quarter. Royal Bank of Canada now owns 124,839 shares of the company's stock valued at $4,367,000 after buying an additional 12,868 shares in the last quarter. Finally, Jane Street Group LLC grew its position in Tenable by 83.6% in the 1st quarter. Jane Street Group LLC now owns 112,594 shares of the company's stock valued at $3,939,000 after buying an additional 51,266 shares in the last quarter. Institutional investors 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.