What is DA Davidson’s Estimate for Tenable FY2026 Earnings?

Tenable Holdings, Inc. (NASDAQ:TENB) – Investment analysts at DA Davidson reduced their FY2026 earnings estimates for shares of Tenable in a research report issued to clients and investors on Monday, February 10th. DA Davidson analyst R. Kessinger now expects that the company will post earnings of $0.42 per share for the year, down from their prior estimate of $0.54. The consensus estimate for Tenable’s current full-year earnings is $0.18 per share.

Several other research analysts have also recently commented on the stock. Morgan Stanley reiterated an “equal weight” rating and set a $47.00 price target (down previously from $50.00) on shares of Tenable in a report on Monday, December 2nd. Barclays boosted their price target on shares of Tenable from $45.00 to $48.00 and gave the stock an “equal weight” rating in a report on Thursday, February 6th. Needham & Company LLC restated a “buy” rating and issued a $50.00 target price on shares of Tenable in a report on Thursday, February 6th. Jefferies Financial Group upped their target price on shares of Tenable from $40.00 to $45.00 and gave the company a “hold” rating in a report on Thursday, December 19th. Finally, Scotiabank upped their target price on shares of Tenable from $44.00 to $45.00 and gave the company a “sector perform” rating in a report on Tuesday, January 21st. Seven equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $49.67.

Tenable Price Performance

Shares of TENB opened at $39.60 on Tuesday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.88. Tenable has a fifty-two week low of $35.25 and a fifty-two week high of $51.97. The company has a market cap of $4.76 billion, a P/E ratio of -132.00 and a beta of 0.87. The firm’s 50 day moving average price is $41.24 and its 200 day moving average price is $41.23.

Tenable (NASDAQ:TENB) last announced its 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 2.07% and a negative net margin of 4.03%.

Hedge Funds Weigh In On Tenable

Several hedge funds have recently added to or reduced their stakes in TENB. Creative Planning increased its holdings in Tenable by 12.1% during the 2nd quarter. Creative Planning now owns 9,541 shares of the company’s stock valued at $416,000 after acquiring an additional 1,031 shares in the last quarter. Claro Advisors LLC grew its holdings in shares of Tenable by 160.4% during the third quarter. Claro Advisors LLC now owns 16,278 shares of the company’s stock worth $660,000 after buying an additional 10,028 shares in the last quarter. Tempus Wealth Planning LLC purchased a new stake in shares of Tenable during the third quarter worth about $285,000. Vanderbilt University grew its holdings in shares of Tenable by 7.2% during the third quarter. Vanderbilt University now owns 138,849 shares of the company’s stock worth $5,626,000 after buying an additional 9,273 shares in the last quarter. Finally, Pinnacle Associates Ltd. grew its holdings in shares of Tenable by 1.0% during the third quarter. Pinnacle Associates Ltd. now owns 294,080 shares of the company’s stock worth $11,916,000 after buying an additional 3,004 shares in the last quarter. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Amit Yoran sold 4,828 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $40.72, for a total value of $196,596.16. Following the completion of the transaction, the chief executive officer now owns 45,171 shares in the company, valued at $1,839,363.12. This trade represents a 9.66 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Mark C. Thurmond sold 2,343 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $42.74, for a total transaction of $100,139.82. Following the completion of the transaction, the chief operating officer now owns 37,188 shares of the company’s stock, valued at $1,589,415.12. This represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,463 shares of company stock worth $894,042. 4.30% of the stock is owned by insiders.

About Tenable

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.