Wedbush Research Analysts Cut Earnings Estimates for Tenable

Tenable Holdings, Inc. (NASDAQ:TENB) – Equities research analysts at Wedbush dropped their Q2 2025 earnings per share estimates for Tenable in a research note issued on Wednesday, April 30th. Wedbush analyst D. Ives now forecasts that the company will post earnings per share of ($0.05) for the quarter, down from their previous forecast of $0.02. The consensus estimate for Tenable’s current full-year earnings is $0.12 per share. Wedbush also issued estimates for Tenable’s Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.00 EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.09 EPS, Q3 2026 earnings at $0.10 EPS, Q4 2026 earnings at $0.13 EPS and FY2026 earnings at $0.38 EPS.

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

Several other research firms have also recently weighed in on TENB. Jefferies Financial Group dropped their price target on shares of Tenable from $45.00 to $37.00 and set a “hold” rating for the company in a research note on Monday, March 31st. Needham & Company LLC reduced their target price on Tenable from $50.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, April 30th. Truist Financial decreased their price target on Tenable from $48.00 to $45.00 and set a “buy” rating on the stock in a research note on Monday, March 31st. Barclays reduced their price objective on shares of Tenable from $40.00 to $33.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Tenable from $53.00 to $43.00 and set an “overweight” rating for the company in a research note on Monday, April 28th. Seven analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Tenable currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.44.

Tenable Trading Down 0.4 %

Shares of TENB opened at $31.13 on Monday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.88. The firm has a 50-day moving average price of $34.21 and a 200 day moving average price of $38.65. Tenable has a 12-month low of $28.75 and a 12-month high of $49.18. The firm has a market capitalization of $3.74 billion, a P/E ratio of -103.77 and a beta of 0.83.

Insider Activity at Tenable

In other news, CEO Stephen A. Vintz sold 6,681 shares of the firm’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $38.16, for a total transaction of $254,946.96. Following the sale, the chief executive officer now owns 316,523 shares of the company’s stock, valued at approximately $12,078,517.68. This trade represents a 2.07 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mark C. Thurmond sold 1,341 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $39.56, for a total value of $53,049.96. Following the completion of the transaction, the chief executive officer now directly owns 41,266 shares of the company’s stock, valued at $1,632,482.96. This trade represents a 3.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 14,128 shares of company stock valued at $539,256 over the last 90 days. 1.50% of the stock is owned by corporate insiders.

Institutional Trading of Tenable

Several institutional investors have recently modified their holdings of TENB. Arizona State Retirement System raised its stake in shares of Tenable by 1.0% during the fourth quarter. Arizona State Retirement System now owns 34,560 shares of the company’s stock worth $1,361,000 after purchasing an additional 332 shares during the last quarter. Summit Investment Advisors Inc. increased its stake in Tenable by 3.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 12,336 shares of the company’s stock valued at $486,000 after buying an additional 390 shares during the period. Oppenheimer & Co. Inc. raised its position in 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 last quarter. Xponance Inc. lifted its stake in shares of Tenable by 6.6% in the 1st quarter. Xponance Inc. now owns 9,021 shares of the company’s stock worth $316,000 after acquiring an additional 562 shares during the period. Finally, Tidal Investments LLC boosted its holdings in shares of Tenable by 1.8% in the fourth quarter. Tidal Investments LLC now owns 32,082 shares of the company’s stock valued at $1,263,000 after acquiring an additional 564 shares in the last quarter. Hedge funds and other institutional investors own 89.06% of the company’s stock.

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.