Cantor Fitzgerald Forecasts Tenable FY2026 Earnings

Tenable Holdings, Inc. (NASDAQ:TENB) – Equities researchers at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of Tenable in a research report issued to clients and investors on Monday, June 9th. Cantor Fitzgerald analyst J. Ruykhaver forecasts that the company will post earnings per share of $0.34 for the year. Cantor Fitzgerald has a “Overweight” rating and a $50.00 price target on the stock. The consensus estimate for Tenable’s current full-year earnings is $0.12 per share.

Tenable (NASDAQ:TENB) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $239.14 million during the quarter, compared to analyst estimates of $234.12 million. During the same quarter last year, the business earned $0.25 EPS. The company’s revenue was up 10.7% compared to the same quarter last year.

Several other research analysts have also issued reports on TENB. JPMorgan Chase & Co. lowered their price target on shares of Tenable from $53.00 to $43.00 and set an “overweight” rating for the company in a report on Monday, April 28th. Stifel Nicolaus reduced their price objective on shares of Tenable from $45.00 to $30.00 and set a “hold” rating for the company in a research report on Wednesday, April 30th. Jefferies Financial Group reduced their price objective 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. Morgan Stanley reduced their price objective on shares of Tenable from $40.00 to $30.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 16th. Finally, DA Davidson reduced their price objective on shares of Tenable from $45.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, April 30th. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.44.

Tenable Stock Down 0.5%

Tenable stock opened at $32.40 on Tuesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.28 and a current ratio of 1.28. Tenable has a 52-week low of $28.75 and a 52-week high of $49.18. The firm has a 50 day moving average price of $32.25 and a two-hundred day moving average price of $37.15. The firm has a market cap of $3.96 billion, a price-to-earnings ratio of -108.00 and a beta of 0.79.

Insider Buying and Selling at Tenable

In related news, CEO Mark C. Thurmond sold 5,577 shares of the business’s stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $31.98, for a total value of $178,352.46. Following the transaction, the chief executive officer now directly owns 75,210 shares of the company’s stock, valued at approximately $2,405,215.80. The trade was a 6.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stephen A. Vintz sold 6,499 shares of the business’s stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $31.98, for a total transaction of $207,838.02. Following the completion of the transaction, the chief executive officer now directly owns 331,394 shares in the company, valued at $10,597,980.12. This trade represents a 1.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 19,845 shares of company stock worth $637,709. Corporate insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Tenable

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its holdings in shares of Tenable by 41.9% in the 4th quarter. Wells Fargo & Company MN now owns 67,831 shares of the company’s stock worth $2,671,000 after buying an additional 20,031 shares during the last quarter. Invesco Ltd. raised its stake in Tenable by 15.6% in the 4th quarter. Invesco Ltd. now owns 101,337 shares of the company’s stock valued at $3,991,000 after acquiring an additional 13,655 shares during the period. Teacher Retirement System of Texas raised its stake in Tenable by 64.5% in the 4th quarter. Teacher Retirement System of Texas now owns 23,933 shares of the company’s stock valued at $942,000 after acquiring an additional 9,385 shares during the period. Fisher Asset Management LLC raised its stake in Tenable by 17.1% in the 4th quarter. Fisher Asset Management LLC now owns 1,238,396 shares of the company’s stock valued at $48,768,000 after acquiring an additional 180,668 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in Tenable by 21.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,082 shares of the company’s stock valued at $359,000 after acquiring an additional 1,603 shares during the period. 89.06% of the stock is owned by hedge funds and other institutional investors.

Tenable Company Profile

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.