What is DA Davidson’s Estimate for Tenable FY2026 Earnings?

Tenable Holdings, Inc. (NASDAQ:TENB) – Research analysts at DA Davidson cut their FY2026 EPS estimates for shares of Tenable in a research report issued to clients and investors on Thursday, July 31st. DA Davidson analyst R. Kessinger now forecasts that the company will post earnings per share of $0.30 for the year, down from their prior forecast of $0.33. DA Davidson has a “Neutral” rating and a $34.00 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 earnings results on Wednesday, July 30th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.04. The firm had revenue of $247.30 million for the quarter, compared to the consensus estimate of $242.15 million. Tenable had a negative return on equity of 3.22% and a negative net margin of 4.74%. The firm’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.31 EPS.

TENB has been the subject of a number of other research reports. Wedbush lifted their target price on Tenable from $40.00 to $42.00 and gave the stock an “outperform” rating in a report on Thursday. Stephens cut shares of Tenable from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 1st. Wall Street Zen raised shares of Tenable from a “buy” rating to a “strong-buy” rating in a report on Saturday. Jefferies Financial Group reissued a “hold” rating and set a $38.00 target price (up previously from $37.00) on shares of Tenable in a report on Thursday. Finally, Needham & Company LLC boosted their target price on shares of Tenable from $35.00 to $42.00 and gave the company a “buy” rating in a research report on Thursday. Eight research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.06.

Tenable Stock Down 2.4%

Tenable stock opened at $30.57 on Monday. The business’s 50-day simple moving average is $32.91 and its two-hundred day simple moving average is $35.01. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $3.73 billion, a PE ratio of -82.62 and a beta of 0.76. Tenable has a fifty-two week low of $28.75 and a fifty-two week high of $45.44.

Insider Buying and Selling

In other news, CEO Mark C. Thurmond sold 5,577 shares of the company’s stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $31.98, for a total transaction of $178,352.46. Following the completion of the transaction, the chief executive officer directly owned 75,210 shares of the company’s stock, valued at $2,405,215.80. This represents a 6.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Stephen A. Vintz sold 6,499 shares of the stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $31.98, for a total value of $207,838.02. Following the transaction, the chief executive officer owned 331,394 shares in the company, valued at $10,597,980.12. This trade represents a 1.92% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 20,815 shares of company stock valued at $669,797. 1.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Tenable

Large investors have recently added to or reduced their stakes in the stock. Kayne Anderson Rudnick Investment Management LLC acquired a new position in shares of Tenable during the fourth quarter valued at approximately $35,000. Byrne Asset Management LLC increased its position in shares of Tenable by 115.4% during the first quarter. Byrne Asset Management LLC now owns 1,357 shares of the company’s stock worth $47,000 after purchasing an additional 727 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in Tenable in the 4th quarter valued at $53,000. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Tenable in the 1st quarter valued at $69,000. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in Tenable by 743.3% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 2,471 shares of the company’s stock valued at $86,000 after purchasing an additional 2,178 shares in the last quarter. 89.06% of the stock is currently owned by institutional investors and hedge funds.

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.