Tenable (NASDAQ:TENB – Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. 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.
Wall Street Analyst Weigh In
A number of brokerages have commented on TENB. Piper Sandler decreased their price objective on Tenable from $55.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, October 31st. Needham & Company LLC restated a “buy” rating and issued a $50.00 target price on shares of Tenable in a research note on Monday, January 6th. Stifel Nicolaus downgraded shares of Tenable from a “buy” rating to a “hold” rating and reduced their target price for the company from $46.00 to $45.00 in a research note on Friday, January 17th. Morgan Stanley reissued an “equal weight” rating and issued a $47.00 price target (down previously from $50.00) on shares of Tenable in a report on Monday, December 2nd. Finally, Scotiabank upped their price target on Tenable from $44.00 to $45.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 21st. Seven analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Tenable presently has a consensus rating of “Moderate Buy” and an average price target of $50.25.
Get Our Latest Stock Analysis on TENB
Tenable Trading Up 0.4 %
Tenable (NASDAQ:TENB – Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.08 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%. Research analysts forecast that Tenable will post -0.02 earnings per share for the current fiscal year.
Insider Activity at Tenable
In other Tenable news, Director Raymond Jr. Vicks sold 809 shares of the company’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $38.52, for a total value of $31,162.68. Following the completion of the transaction, the director now owns 8,659 shares in the company, valued at $333,544.68. This represents a 8.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Amit Yoran sold 4,828 shares of the stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $40.72, for a total value of $196,596.16. Following the sale, the chief executive officer now directly owns 45,171 shares of the company’s stock, valued at approximately $1,839,363.12. This represents a 9.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,463 shares of company stock valued at $894,042. Corporate insiders own 4.30% of the company’s stock.
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.
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