Equities Analysts Offer Predictions for Tenable Q2 Earnings

Tenable Holdings, Inc. (NASDAQ:TENB) – Stock analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for Tenable in a research note issued to investors on Wednesday, April 30th. DA Davidson analyst R. Kessinger anticipates that the company will post earnings of ($0.04) per share for the quarter. DA Davidson currently has a “Neutral” rating and a $28.00 price target on the stock. The consensus estimate for Tenable’s current full-year earnings is $0.12 per share. DA Davidson also issued estimates for Tenable’s FY2025 earnings at $0.07 EPS.

TENB has been the topic of several other research reports. Wells Fargo & Company cut their price objective on shares of Tenable from $50.00 to $40.00 and set an “overweight” rating for the company in a report on Wednesday. Barclays reduced their price target on shares of Tenable from $40.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Scotiabank lowered their price target on Tenable from $45.00 to $30.00 and set a “sector perform” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. reduced their price target on Tenable from $53.00 to $43.00 and set an “overweight” rating on the stock in a research report on Monday, April 28th. Finally, Stifel Nicolaus lowered their price target on Tenable from $45.00 to $30.00 and set a “hold” rating for the company in a report on Wednesday. Seven analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.44.

Tenable Price Performance

NASDAQ TENB opened at $30.77 on Friday. The stock’s fifty day moving average price is $34.47 and its 200 day moving average price is $38.83. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market cap of $3.70 billion, a price-to-earnings ratio of -102.57 and a beta of 0.88. Tenable has a 1 year low of $28.75 and a 1 year high of $49.18.

Tenable (NASDAQ:TENB) last issued its earnings results on Tuesday, April 29th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.08. Tenable had a negative net margin of 4.03% and a negative return on equity of 2.07%. The business had revenue of $239.14 million for the quarter, compared to the consensus estimate of $234.12 million. During the same period in the prior year, the firm earned $0.25 EPS. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year.

Insider Activity

In other Tenable news, CEO Stephen A. Vintz sold 6,681 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $38.16, for a total transaction of $254,946.96. Following the transaction, the chief executive officer now directly owns 316,523 shares of the company’s stock, valued at $12,078,517.68. This represents a 2.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Mark C. Thurmond sold 3,606 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $38.48, for a total value of $138,758.88. Following the sale, the chief executive officer now directly owns 74,295 shares of the company’s stock, valued at $2,858,871.60. The trade was a 4.63 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,128 shares of company stock worth $539,256 over the last 90 days. 1.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Tenable

A number of institutional investors have recently added to or reduced their stakes in the company. Arizona State Retirement System grew its position in Tenable by 1.0% during the 4th quarter. Arizona State Retirement System now owns 34,560 shares of the company’s stock worth $1,361,000 after acquiring an additional 332 shares during the last quarter. Summit Investment Advisors Inc. boosted its holdings in Tenable by 3.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 12,336 shares of the company’s stock valued at $486,000 after acquiring an additional 390 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of Tenable by 3.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 15,650 shares of the company’s stock worth $616,000 after buying an additional 450 shares during the period. Xponance Inc. grew its position in shares of Tenable by 6.6% during the 1st quarter. Xponance Inc. now owns 9,021 shares of the company’s stock worth $316,000 after buying an additional 562 shares during the period. Finally, Tidal Investments LLC raised its stake in shares of Tenable by 1.8% during the fourth quarter. Tidal Investments LLC now owns 32,082 shares of the company’s stock worth $1,263,000 after buying an additional 564 shares during the last quarter. 89.06% of the stock is owned by institutional investors and hedge funds.

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.