Tenable (NASDAQ:TENB – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.280-0.300 for the period, compared to the consensus estimate of 0.330. The company issued revenue guidance of $232.0 million-$234.0 million, compared to the consensus revenue estimate of $235.8 million. Tenable also updated its FY 2025 guidance to 1.520-1.600 EPS.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on TENB. Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Tenable in a research note on Thursday. Scotiabank upped their price objective on Tenable from $44.00 to $45.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 21st. Westpark Capital reiterated a “hold” rating on shares of Tenable in a research note on Thursday, October 31st. Morgan Stanley reiterated an “equal weight” rating and issued a $47.00 price objective (down from $50.00) on shares of Tenable in a research note on Monday, December 2nd. Finally, Piper Sandler cut their price target on shares of Tenable from $55.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday, October 31st. Seven equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $50.44.
Read Our Latest Analysis on TENB
Tenable Stock Up 1.3 %
Tenable (NASDAQ:TENB – Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.26). Tenable had a negative return on equity of 6.21% and a negative net margin of 6.82%. As a group, research analysts expect that Tenable will post -0.02 EPS for the current fiscal year.
Insider Activity
In other Tenable news, CFO Stephen A. Vintz sold 3,180 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $42.74, for a total transaction of $135,913.20. Following the completion of the sale, the chief financial officer now directly owns 285,045 shares in the company, valued at approximately $12,182,823.30. This trade represents a 1.10 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Raymond Jr. Vicks sold 809 shares of the firm’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $38.52, for a total value of $31,162.68. Following the sale, the director now directly owns 8,659 shares of the company’s stock, valued at $333,544.68. This trade represents a 8.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,463 shares of company stock valued at $894,042 in the last 90 days. 4.30% of the stock is currently owned by insiders.
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.
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