Tenable (NASDAQ:TENB) Issues FY 2025 Earnings Guidance

Tenable (NASDAQ:TENB) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.520-1.600 for the period, compared to the consensus estimate of 1.450. The company issued revenue guidance of $971.0 million-$981.0 million, compared to the consensus revenue estimate of $982.9 million. Tenable also updated its Q1 2025 guidance to 0.280-0.300 EPS.

Tenable Stock Performance

NASDAQ:TENB traded up $0.19 during midday trading on Wednesday, reaching $43.21. 2,404,854 shares of the company traded hands, compared to its average volume of 1,112,059. The firm has a market capitalization of $5.19 billion, a price-to-earnings ratio of -84.73 and a beta of 0.87. The company has a fifty day moving average price of $41.43 and a 200 day moving average price of $41.33. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.28 and a quick ratio of 1.28. Tenable has a twelve month low of $35.25 and a twelve month high of $53.50.

Tenable (NASDAQ:TENB) last posted its 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 6.82% and a negative return on equity of 6.21%. On average, analysts expect that Tenable will post -0.02 EPS for the current fiscal year.

Analyst Ratings Changes

TENB has been the subject of several analyst reports. Westpark Capital reiterated a “hold” rating on shares of Tenable in a research report on Thursday, October 31st. Needham & Company LLC reiterated a “buy” rating and set a $50.00 price target on shares of Tenable in a research report on Monday, January 6th. Scotiabank raised their price target on Tenable from $44.00 to $45.00 and gave the company a “sector perform” rating in a report on Tuesday, January 21st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $47.00 price objective (down previously from $50.00) on shares of Tenable in a report on Monday, December 2nd. Finally, Barclays decreased their target price on shares of Tenable from $49.00 to $45.00 and set an “equal weight” rating for the company in a research report on Thursday, October 31st. Seven equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $50.25.

Insider Transactions at Tenable

In other Tenable news, CEO Amit Yoran sold 5,293 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $42.74, for a total value of $226,222.82. Following the completion of the transaction, the chief executive officer now directly owns 51,691 shares in the company, valued at $2,209,273.34. This trade represents a 9.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Raymond Jr. Vicks sold 809 shares of the business’s stock in a transaction that occurred 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 sale, the director now owns 8,659 shares in the company, valued at $333,544.68. This represents a 8.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,463 shares of company stock valued at $894,042 in the last three months. 4.30% of the stock is currently owned by corporate 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.