What is Scotiabank’s Estimate for Tenable FY2026 Earnings?

Tenable Holdings, Inc. (NASDAQ:TENB) – Research analysts at Scotiabank lifted their FY2026 EPS estimates for shares of Tenable in a report released on Wednesday, February 11th. Scotiabank analyst P. Colville now expects that the company will post earnings of $0.40 per share for the year, up from their prior forecast of $0.27. Scotiabank has a “Sector Perform” rating and a $23.00 price objective on the stock. The consensus estimate for Tenable’s current full-year earnings is $0.12 per share.

A number of other brokerages have also commented on TENB. Barclays dropped their price target on Tenable from $33.00 to $28.00 and set an “equal weight” rating on the stock in a report on Monday, January 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Tenable in a research report on Thursday, January 22nd. JPMorgan Chase & Co. cut their price target on shares of Tenable from $40.00 to $35.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. UBS Group reduced their price target on shares of Tenable from $43.00 to $37.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Finally, Wall Street Zen raised shares of Tenable from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 25th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $31.94.

Tenable Price Performance

Shares of NASDAQ TENB opened at $22.55 on Friday. The company has a market capitalization of $2.69 billion, a PE ratio of -75.16 and a beta of 0.63. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.03. The stock’s 50 day moving average price is $23.28 and its 200-day moving average price is $27.13. Tenable has a twelve month low of $19.15 and a twelve month high of $39.99.

Tenable (NASDAQ:TENB) last announced its earnings results on Wednesday, February 4th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.42 by $0.06. Tenable had a negative net margin of 3.61% and a positive return on equity of 0.20%. The company had revenue of $260.53 million during the quarter, compared to the consensus estimate of $251.79 million. During the same quarter in the prior year, the company posted $0.41 earnings per share. The firm’s revenue for the quarter was up 10.5% on a year-over-year basis. Tenable has set its FY 2026 guidance at 1.810-1.900 EPS and its Q1 2026 guidance at 0.390-0.420 EPS.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its position in shares of Tenable by 11.5% during the first 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 during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Tenable by 5.6% during 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 worth $11,436,000 after acquiring an additional 17,349 shares during the period. Jane Street Group LLC increased its holdings in Tenable by 83.6% during the 1st quarter. Jane Street Group LLC now owns 112,594 shares of the company’s stock worth $3,939,000 after acquiring an additional 51,266 shares during the period. KLP Kapitalforvaltning AS lifted its stake in Tenable by 6.9% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 24,900 shares of the company’s stock worth $841,000 after purchasing an additional 1,600 shares in the last quarter. Finally, CWM LLC boosted its holdings in Tenable by 59.0% in the 2nd quarter. CWM LLC now owns 9,224 shares of the company’s stock valued at $312,000 after purchasing an additional 3,423 shares during the period. Institutional investors own 89.06% of the company’s stock.

Insider Activity at Tenable

In related news, Director Arthur W. Coviello, Jr. bought 12,000 shares of the company’s stock in a transaction on Monday, February 9th. The shares were purchased at an average price of $21.50 per share, for a total transaction of $258,000.00. Following the completion of the transaction, the director directly owned 51,731 shares in the company, valued at approximately $1,112,216.50. The trade was a 30.20% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director A Brooke Seawell sold 115,000 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $24.82, for a total value of $2,854,300.00. The SEC filing for this sale provides additional information. 1.50% of the stock is currently owned by company insiders.

About Tenable

Tenable Holdings, Inc is a global cybersecurity company specializing in vulnerability management and continuous threat exposure assessment. Headquartered in Columbia, Maryland, Tenable was founded in 2002 by Ron Gula and Jack Huffard to address the growing need for proactive network security solutions. Over the years, the company has evolved from a pioneer in open-source vulnerability scanning to a leading provider of comprehensive security platforms that help organizations identify, investigate and prioritize cyber risks across on-premises, cloud and operational technology environments.

At the core of Tenable’s product suite is Nessus, one of the industry’s most widely adopted vulnerability scanners.