Tenable (NASDAQ:TENB) Issues Q4 2026 Earnings Guidance

Tenable (NASDAQ:TENB) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.560-0.580 for the period, compared to the consensus earnings per share estimate of 0.420. The company issued revenue guidance of $277.0 million-$280.0 million, compared to the consensus revenue estimate of $276.5 million. Tenable also updated its FY 2026 guidance to 2.160-2.190 EPS.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TENB. Needham & Company LLC boosted their price target on Tenable from $36.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday. Barclays increased their target price on Tenable from $38.00 to $54.00 and gave the stock an “equal weight” rating in a report on Thursday. Truist Financial restated a “hold” rating and issued a $45.00 price target (up from $35.00) on shares of Tenable in a research note on Thursday. Scotiabank reiterated an “outperform” rating and set a $60.00 price target on shares of Tenable in a report on Thursday. Finally, UBS Group restated a “hold” rating on shares of Tenable in a research report on Thursday. Ten investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $45.90.

Tenable Trading Down 4.1%

Shares of NASDAQ TENB traded down $2.11 during midday trading on Friday, hitting $49.67. 1,116,636 shares of the company traded hands, compared to its average volume of 3,555,995. The stock has a 50-day moving average price of $37.69 and a 200 day moving average price of $28.64. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a market cap of $5.47 billion, a P/E ratio of 382.68 and a beta of 1.01. Tenable has a 12-month low of $15.73 and a 12-month high of $53.22.

Tenable (NASDAQ:TENB) last announced its earnings results on Wednesday, October 28th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.12. The firm had revenue of $276.39 million for the quarter, compared to analysts’ expectations of $271.58 million. Tenable had a net margin of 1.48% and a return on equity of 20.80%. The company’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.42 EPS. As a group, analysts expect that Tenable will post 0.50 earnings per share for the current year.

More Tenable News

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Tenable exceeded third-quarter expectations, reporting adjusted EPS of $0.63 versus the $0.51 consensus and revenue of $276.4 million versus $271.6 million expected. Revenue increased 9.5% year over year, while non-GAAP operating margin expanded to 27.1%. Tenable Announces Third Quarter 2026 Financial Results
• Positive Sentiment: The company raised fourth-quarter guidance to EPS of $0.56-$0.58, well above the $0.42 analyst consensus, and revenue of $277 million-$280 million, modestly ahead of expectations.
• Positive Sentiment: Full-year 2026 EPS guidance increased to $2.16-$2.19 from a consensus estimate of $1.69, while operating cash flow reached $72.5 million in the third quarter. Several firms raised their targets, including Canaccord Genuity to $54, and Needham and Susquehanna to $55, while maintaining bullish ratings.
• Neutral Sentiment: Analyst sentiment is mixed after the rally. JPMorgan raised its target to $41 but retained an Overweight rating, while Stephens lifted its target to $48 but maintained Equal Weight. These targets remain below the recent trading range.
• Negative Sentiment: Wedbush warned that cybersecurity-vendor bundling and potential industry consolidation could create competitive risks for Tenable, potentially limiting growth or pricing power. Tenable Faces Consolidation Risk Amid Cybersecurity Vendor Bundling
• Negative Sentiment: After a substantial recent advance, valuation and profit-taking concerns may be offsetting the earnings beat. The stock’s high earnings multiple leaves less room for disappointment, even with improved forecasts.

About Tenable

Tenable is a cybersecurity company that helps organizations identify, assess and reduce cyber risk across their technology environments. Its exposure management platform is designed to provide visibility into vulnerabilities and other security exposures affecting cloud systems, applications, endpoints, networks, operational technology, Internet of Things devices and identities.

The company’s product portfolio includes Nessus, a widely used vulnerability assessment solution, and Tenable One, an exposure management platform that brings together vulnerability management, cloud security, identity exposure and related capabilities.