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

Tenable Holdings, Inc. (NASDAQ:TENB) – Investment analysts at DA Davidson dropped their FY2026 EPS estimates for Tenable in a research note issued to 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 previous estimate of $0.54. The consensus estimate for Tenable’s current full-year earnings is $0.18 per share.

Tenable (NASDAQ:TENB) last released its quarterly earnings results 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 4.03% and a negative return on equity of 2.07%.

Several other equities research analysts have also recently commented on TENB. 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 research note on Monday, December 2nd. Westpark Capital reaffirmed a “hold” rating on shares of Tenable in a report on Thursday, October 31st. Needham & Company LLC restated a “buy” rating and set a $50.00 price target on shares of Tenable in a research note on Thursday, February 6th. Piper Sandler reduced their price target on shares of Tenable from $55.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, October 31st. Finally, Stifel Nicolaus lowered shares of Tenable from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $46.00 to $45.00 in a report on Friday, January 17th. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $49.67.

Tenable Trading Down 1.7 %

Shares of NASDAQ TENB opened at $40.16 on Tuesday. The business has a 50-day moving average price of $41.35 and a two-hundred day moving average price of $41.26. Tenable has a one year low of $35.25 and a one year high of $52.50. The firm has a market capitalization of $4.82 billion, a PE ratio of -133.87 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.

Institutional Investors Weigh In On Tenable

A number of large investors have recently added to or reduced their stakes in the stock. Covestor Ltd lifted its position in shares of Tenable by 84.5% during the 3rd quarter. Covestor Ltd now owns 631 shares of the company’s stock worth $26,000 after buying an additional 289 shares during the last quarter. Arizona State Retirement System grew its stake in Tenable by 1.0% in the fourth quarter. Arizona State Retirement System now owns 34,560 shares of the company’s stock valued at $1,361,000 after acquiring an additional 332 shares during the period. Oppenheimer & Co. Inc. raised its holdings in Tenable by 3.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 15,650 shares of the company’s stock worth $616,000 after buying an additional 450 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Tenable by 0.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 52,281 shares of the company’s stock worth $2,118,000 after purchasing an additional 457 shares in the last quarter. Finally, Olympiad Research LP lifted its stake in Tenable by 11.1% during the 3rd quarter. Olympiad Research LP now owns 5,287 shares of the company’s stock valued at $214,000 after acquiring an additional 528 shares in the last quarter. Institutional investors and hedge funds own 89.06% of the company’s stock.

Insider Activity at Tenable

In related news, COO Mark C. Thurmond sold 2,209 shares of Tenable stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $40.72, for a total transaction of $89,950.48. Following the completion of the sale, the chief operating officer now directly owns 35,480 shares of the company’s stock, valued at approximately $1,444,745.60. This trade represents a 5.86 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Amit Yoran sold 4,828 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $40.72, for a total transaction 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, 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.