DA Davidson Has Bearish Estimate for Tenable FY2026 Earnings

Tenable Holdings, Inc. (NASDAQ:TENB) – Research analysts at DA Davidson cut their FY2026 earnings per share estimates for Tenable in a research note issued on Monday, February 10th. DA Davidson analyst R. Kessinger now anticipates that the company will post earnings per share of $0.42 for the year, down from their previous estimate of $0.54. The consensus estimate for Tenable’s current full-year earnings is $0.18 per share.

Tenable (NASDAQ:TENB) last released its quarterly 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 net margin of 4.03% and a negative return on equity of 2.07%.

Other analysts have also recently issued research reports about the stock. Piper Sandler dropped their price objective on shares of Tenable from $55.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, October 31st. Jefferies Financial Group boosted their price objective on Tenable from $40.00 to $45.00 and gave the stock a “hold” rating in a research note on Thursday, December 19th. Westpark Capital reaffirmed a “hold” rating on shares of Tenable in a research note on Thursday, October 31st. Scotiabank boosted their price target on shares of Tenable from $44.00 to $45.00 and gave the company a “sector perform” rating in a research report on Tuesday, January 21st. Finally, Robert W. Baird cut their price objective on shares of Tenable from $53.00 to $50.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Seven analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Tenable has an average rating of “Moderate Buy” and an average target price of $49.67.

Tenable Price Performance

Shares of Tenable stock opened at $40.85 on Tuesday. Tenable has a twelve month low of $35.25 and a twelve month high of $52.50. The firm’s 50-day moving average price is $41.38 and its 200 day moving average price is $41.28. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.88.

Institutional Trading of Tenable

Hedge funds and other institutional investors have recently bought and sold shares of the company. Covestor Ltd boosted its holdings in shares of Tenable by 84.5% in the 3rd quarter. Covestor Ltd now owns 631 shares of the company’s stock valued at $26,000 after buying an additional 289 shares during the period. Larson Financial Group LLC raised its stake in shares of Tenable by 658.6% during the third quarter. Larson Financial Group LLC now owns 751 shares of the company’s stock valued at $30,000 after purchasing an additional 652 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of Tenable during the fourth quarter valued at about $38,000. Nisa Investment Advisors LLC grew its position in Tenable by 74.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,753 shares of the company’s stock valued at $108,000 after buying an additional 1,172 shares in the last quarter. Finally, Pacer Advisors Inc. increased its stake in Tenable by 30.3% during the 4th quarter. Pacer Advisors Inc. now owns 2,823 shares of the company’s stock valued at $111,000 after buying an additional 657 shares during the period. 89.06% of the stock is owned by institutional investors.

Insider Activity at Tenable

In related news, COO Mark C. Thurmond sold 2,209 shares of Tenable stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $40.72, for a total value of $89,950.48. Following the completion of the sale, the chief operating officer now owns 35,480 shares in the company, valued at approximately $1,444,745.60. The trade was a 5.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Raymond Jr. Vicks sold 809 shares of the stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $38.52, for a total transaction of $31,162.68. Following the transaction, the director now owns 8,659 shares in the company, 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. Over 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.