William Blair Issues Negative Estimate for Tenable Earnings

Tenable Holdings, Inc. (NASDAQ:TENB) – William Blair decreased their Q2 2025 EPS estimates for shares of Tenable in a report issued on Wednesday, April 30th. William Blair analyst J. Ho now anticipates that the company will earn ($0.05) per share for the quarter, down from their previous forecast of ($0.01). The consensus estimate for Tenable’s current full-year earnings is $0.12 per share. William Blair also issued estimates for Tenable’s Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.00 EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.12 EPS, Q4 2026 earnings at $0.20 EPS and FY2026 earnings at $0.38 EPS.

A number of other equities research analysts have also recently commented on TENB. Jefferies Financial Group dropped their price objective on shares of Tenable from $45.00 to $37.00 and set a “hold” rating on the stock in a research note on Monday, March 31st. Robert W. Baird cut their price objective on shares of Tenable from $44.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday, April 30th. Needham & Company LLC lowered their target price on shares of Tenable from $50.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, April 30th. Stephens began coverage on Tenable in a research note on Tuesday, April 1st. They issued an “equal weight” rating and a $42.00 price target for the company. Finally, Cantor Fitzgerald assumed coverage on Tenable in a research report on Monday, March 31st. They set an “overweight” rating and a $50.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $40.44.

Tenable Stock Up 1.6 %

Tenable stock opened at $31.26 on Monday. The business’s 50-day moving average price is $34.34 and its 200 day moving average price is $38.70. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.88. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of -104.20 and a beta of 0.83. Tenable has a 52 week low of $28.75 and a 52 week high of $49.18.

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

Insider Buying and Selling at Tenable

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

Hedge Funds Weigh In On Tenable

Hedge funds have recently bought and sold shares of the company. Norges Bank purchased a new stake in Tenable during the fourth quarter worth about $54,950,000. Shapiro Capital Management LLC lifted its holdings in Tenable by 647.5% during the 4th quarter. Shapiro Capital Management LLC now owns 1,060,055 shares of the company’s stock worth $41,745,000 after buying an additional 918,235 shares in the last quarter. Vanguard Group Inc. boosted its position in Tenable by 5.3% in the 4th quarter. Vanguard Group Inc. now owns 13,947,023 shares of the company’s stock valued at $549,234,000 after buying an additional 708,249 shares during the period. Penserra Capital Management LLC grew its stake in shares of Tenable by 47.6% in the first quarter. Penserra Capital Management LLC now owns 1,687,589 shares of the company’s stock worth $59,031,000 after acquiring an additional 544,375 shares in the last quarter. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of Tenable during the fourth quarter worth $15,653,000. Institutional investors and hedge funds 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.