What is Scotiabank’s Estimate for Tenable FY2026 Earnings?

Tenable Holdings, Inc. (NASDAQ:TENB) – Investment analysts at Scotiabank raised their FY2026 earnings per share estimates for Tenable in a report issued on Tuesday, August 4th. Scotiabank analyst P. Colville now anticipates that the company will post earnings of $0.50 per share for the year, up from their prior estimate of $0.47. Scotiabank currently has a “Sector Outperform” rating and a $50.00 price target on the stock. The consensus estimate for Tenable’s current full-year earnings is $0.50 per share.

Tenable (NASDAQ:TENB) last released its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.04. Tenable had a return on equity of 14.90% and a net margin of 0.65%.The business had revenue of $268.51 million for the quarter, compared to analyst estimates of $264.87 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. Tenable’s revenue was up 8.6% on a year-over-year basis. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS.

Other equities research analysts have also recently issued research reports about the company. Robert W. Baird set a $34.00 price objective on Tenable in a research note on Thursday, April 30th. Jefferies Financial Group lowered their target price on shares of Tenable from $35.00 to $30.00 and set a “hold” rating on the stock in a report on Thursday, July 30th. Canaccord Genuity Group upped their price target on shares of Tenable from $30.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. William Blair lowered shares of Tenable from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 28th. Finally, Truist Financial cut their price target on shares of Tenable from $40.00 to $30.00 and set a “hold” rating for the company in a research note on Thursday, July 30th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $34.68.

Tenable Stock Up 0.5%

TENB stock opened at $36.17 on Friday. The company has a market cap of $3.98 billion, a price-to-earnings ratio of 723.54 and a beta of 0.94. Tenable has a twelve month low of $15.73 and a twelve month high of $43.67. The business has a 50 day moving average price of $32.93 and a two-hundred day moving average price of $25.00. The company has a quick ratio of 0.85, a current ratio of 0.79 and a debt-to-equity ratio of 1.78.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TENB. Arrowstreet Capital Limited Partnership raised its position in shares of Tenable by 175.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,732,271 shares of the company’s stock valued at $63,131,000 after purchasing an additional 2,375,587 shares during the period. UBS Group AG lifted its stake in shares of Tenable by 327.6% during the 4th quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock worth $72,768,000 after buying an additional 2,369,402 shares during the last quarter. Norges Bank bought a new stake in shares of Tenable during the 4th quarter worth about $44,542,000. SEB Asset Management AB bought a new stake in shares of Tenable during the 1st quarter worth about $18,935,000. Finally, First Trust Advisors LP grew its stake in Tenable by 31.8% in the 4th quarter. First Trust Advisors LP now owns 4,243,625 shares of the company’s stock valued at $99,852,000 after buying an additional 1,023,671 shares during the last quarter. 89.06% of the stock is currently owned by institutional investors.

About Tenable

Tenable Holdings, Inc is a global cybersecurity company specializing in vulnerability management and continuous threat exposure assessment. Headquartered in Columbia, Maryland, Tenable was founded in 2002 by Ron Gula and Jack Huffard to address the growing need for proactive network security solutions. Over the years, the company has evolved from a pioneer in open-source vulnerability scanning to a leading provider of comprehensive security platforms that help organizations identify, investigate and prioritize cyber risks across on-premises, cloud and operational technology environments.

At the core of Tenable’s product suite is Nessus, one of the industry’s most widely adopted vulnerability scanners.