Q2 Earnings Forecast for Tenable Issued By DA Davidson

Tenable Holdings, Inc. (NASDAQ:TENB) – Equities researchers at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for Tenable in a report issued on Wednesday, April 30th. DA Davidson analyst R. Kessinger forecasts that the company will post earnings of ($0.04) per share for the quarter. DA Davidson currently has a “Neutral” rating and a $28.00 target price on the stock. The consensus estimate for Tenable’s current full-year earnings is $0.12 per share. DA Davidson also issued estimates for Tenable’s FY2025 earnings at $0.07 EPS.

Tenable (NASDAQ:TENB) last released its earnings results on Tuesday, April 29th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.08. The business had revenue of $239.14 million during the quarter, compared to analyst estimates of $234.12 million. Tenable had a negative net margin of 4.03% and a negative return on equity of 2.07%. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.25 earnings per share.

TENB has been the topic of a number of other reports. Scotiabank reduced their target price on shares of Tenable from $45.00 to $30.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Cantor Fitzgerald initiated coverage on shares of Tenable in a research report on Monday, March 31st. They set an “overweight” rating and a $50.00 price target on the stock. Wells Fargo & Company lowered their price objective on Tenable from $50.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday. Stifel Nicolaus reduced their target price on Tenable from $45.00 to $30.00 and set a “hold” rating on the stock in a research report on Wednesday. Finally, Stephens started coverage on Tenable in a research report on Tuesday, April 1st. They set an “equal weight” rating and a $42.00 price objective for the company. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $40.44.

Tenable Stock Up 0.1 %

NASDAQ TENB opened at $30.77 on Friday. The business’s fifty day simple moving average is $34.47 and its 200-day simple moving average is $38.80. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.88. The firm has a market cap of $3.70 billion, a PE ratio of -102.57 and a beta of 0.88. Tenable has a 52 week low of $28.75 and a 52 week high of $49.18.

Institutional Trading of Tenable

A number of hedge funds and other institutional investors have recently made changes to their positions in TENB. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Tenable by 858.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 642 shares of the company’s stock worth $25,000 after buying an additional 575 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of Tenable in the fourth quarter valued at approximately $35,000. SBI Securities Co. Ltd. purchased a new position in shares of Tenable during the fourth quarter worth approximately $38,000. Byrne Asset Management LLC increased its holdings in shares of Tenable by 115.4% in the 1st quarter. Byrne Asset Management LLC now owns 1,357 shares of the company’s stock valued at $47,000 after acquiring an additional 727 shares during the period. Finally, Johnson Financial Group Inc. purchased a new stake in Tenable in the 4th quarter valued at $53,000. Institutional investors and hedge funds own 89.06% of the company’s stock.

Insider Activity at Tenable

In other Tenable news, CEO Mark C. Thurmond sold 1,341 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $39.56, for a total transaction of $53,049.96. Following the sale, the chief executive officer now owns 41,266 shares of the company’s stock, valued at approximately $1,632,482.96. This trade represents a 3.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Linda Kay Zecher sold 2,500 shares of the company’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $37.00, for a total transaction of $92,500.00. Following the completion of the transaction, the director now owns 353 shares of the company’s stock, valued at approximately $13,061. The trade was a 87.63 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,128 shares of company stock valued at $539,256 over the last quarter. 1.50% 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.