Tenable (NASDAQ:TENB) Releases Q1 2025 Earnings Guidance

Tenable (NASDAQ:TENB) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.280-0.300 for the period, compared to the consensus estimate of 0.330. The company issued revenue guidance of $232.0 million-$234.0 million, compared to the consensus revenue estimate of $235.8 million. Tenable also updated its FY 2025 guidance to 1.520-1.600 EPS.

Tenable Price Performance

Tenable stock traded up $0.51 during mid-day trading on Friday, hitting $40.36. The stock had a trading volume of 181,379 shares, compared to its average volume of 1,131,569. The firm’s 50 day moving average is $41.45 and its 200 day moving average is $41.34. Tenable has a one year low of $35.25 and a one year high of $52.50. The firm has a market capitalization 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.

Tenable (NASDAQ:TENB) last announced its quarterly earnings data 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%. On average, sell-side analysts forecast that Tenable will post -0.02 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TENB has been the topic of a number of analyst reports. Jefferies Financial Group raised their price objective on shares of Tenable from $40.00 to $45.00 and gave the company a “hold” rating in a report on Thursday, December 19th. Scotiabank lifted 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. Westpark Capital restated a “hold” rating on shares of Tenable in a research report on Thursday, October 31st. Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 price target on shares of Tenable in a report on Thursday. Finally, Morgan Stanley reissued an “equal weight” rating and set a $47.00 price objective (down previously from $50.00) on shares of Tenable in a research note on Monday, December 2nd. Seven equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Tenable presently has a consensus rating of “Moderate Buy” and an average price target of $50.44.

Insider Transactions at Tenable

In other Tenable news, Director Raymond Jr. Vicks sold 809 shares of Tenable stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $38.52, for a total value of $31,162.68. Following the transaction, the director now directly owns 8,659 shares of the company’s stock, valued at $333,544.68. The trade was a 8.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Mark C. Thurmond sold 2,209 shares of Tenable stock in a transaction that occurred 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 sale, the chief operating officer now owns 35,480 shares in the company, valued at $1,444,745.60. This represents a 5.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 21,463 shares of company stock worth $894,042. 4.30% of the stock is owned by company 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.