Tenable (NASDAQ:TENB) Updates FY 2025 Earnings Guidance

Tenable (NASDAQ:TENB) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.520-1.600 for the period, compared to the consensus EPS estimate of 1.450. The company issued revenue guidance of $971.0 million-$981.0 million, compared to the consensus revenue estimate of $982.9 million. Tenable also updated its Q1 2025 guidance to 0.280-0.300 EPS.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Robert W. Baird dropped their target price on shares of Tenable from $53.00 to $50.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Piper Sandler cut their price objective on Tenable from $55.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, October 31st. Barclays lowered their target price on Tenable from $49.00 to $45.00 and set an “equal weight” rating on the stock in a report on Thursday, October 31st. Morgan Stanley reissued an “equal weight” rating and issued a $47.00 price target (down from $50.00) on shares of Tenable in a report on Monday, December 2nd. Finally, Westpark Capital reaffirmed a “hold” rating on shares of Tenable in a research note 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 given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Tenable currently has an average rating of “Moderate Buy” and an average target price of $50.25.

Tenable Stock Up 0.4 %

TENB traded up $0.19 during trading hours on Wednesday, reaching $43.21. 2,404,854 shares of the stock traded hands, compared to its average volume of 1,112,059. Tenable has a fifty-two week low of $35.25 and a fifty-two week high of $53.50. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market cap of $5.19 billion, a price-to-earnings ratio of -84.73 and a beta of 0.87. The firm’s fifty day simple moving average is $41.43 and its two-hundred day simple moving average is $41.33.

Tenable (NASDAQ:TENB) last announced its earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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, analysts forecast that Tenable will post -0.02 earnings per share for the current fiscal year.

Insider Buying and Selling at Tenable

In related news, CFO Stephen A. Vintz sold 2,801 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $40.72, for a total value of $114,056.72. Following the completion of the sale, the chief financial officer now directly owns 281,536 shares of the company’s stock, valued at $11,464,145.92. The trade was a 0.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Raymond Jr. Vicks sold 809 shares of the stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $38.52, for a total value of $31,162.68. Following the transaction, the director now directly owns 8,659 shares in the company, valued at approximately $333,544.68. This represents a 8.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,463 shares of company stock valued at $894,042 in the last three months. Corporate insiders own 4.30% 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.