Tenable (NASDAQ:TENB) Releases FY 2025 Earnings Guidance

Tenable (NASDAQ:TENB) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.520-1.600 for the period, compared to the consensus 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.

Analysts Set New Price Targets

TENB has been the topic of a number of analyst reports. Robert W. Baird cut their price target on shares of Tenable from $53.00 to $50.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Westpark Capital reissued a “hold” rating on shares of Tenable in a report on Thursday, October 31st. Needham & Company LLC reissued a “buy” rating and issued a $50.00 price target on shares of Tenable in a research note on Thursday. Morgan Stanley reissued an “equal weight” rating and issued a $47.00 price objective (down previously from $50.00) on shares of Tenable in a research note on Monday, December 2nd. Finally, Stifel Nicolaus lowered Tenable from a “buy” rating to a “hold” rating and dropped their price target for the stock from $46.00 to $45.00 in a report on Friday, January 17th. Seven analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $50.44.

Tenable Stock Performance

Shares of NASDAQ TENB traded up $0.51 during trading on Friday, reaching $40.36. 181,379 shares of the company traded hands, compared to its average volume of 1,131,569. The stock has a market cap of $4.85 billion, a P/E ratio of -79.43 and a beta of 0.87. 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’s fifty day simple moving average is $41.45 and its 200 day simple moving average is $41.34. Tenable has a 12-month low of $35.25 and a 12-month high of $52.50.

Tenable (NASDAQ:TENB) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.26). Tenable had a negative net margin of 6.82% and a negative return on equity of 6.21%. As a group, research analysts anticipate 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 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 approximately $11,464,145.92. This represents a 0.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Mark C. Thurmond sold 2,343 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 value of $100,139.82. Following the sale, the chief operating officer now directly owns 37,188 shares of the company’s stock, valued at $1,589,415.12. This trade represents a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,463 shares of company stock worth $894,042. 4.30% of the stock is 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.