Tenable (NASDAQ:TENB) Issues 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

Shares of Tenable stock traded up $0.19 on Wednesday, reaching $43.21. The stock had a trading volume of 2,404,854 shares, compared to its average volume of 1,112,059. The business’s 50 day moving average is $41.43 and its two-hundred day moving average is $41.33. 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 has a 1 year low of $35.25 and a 1 year high of $53.50. The company has a market cap of $5.19 billion, a P/E ratio of -84.73 and a beta of 0.87.

Tenable (NASDAQ:TENB) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.26). Tenable had a negative net margin of 6.82% and a negative return on equity of 6.21%. As a group, research analysts anticipate that Tenable will post -0.02 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TENB. 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. 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. Scotiabank lifted their price objective on shares of Tenable from $44.00 to $45.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 21st. Piper Sandler lowered their price target on Tenable from $55.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, October 31st. Finally, Westpark Capital reiterated a “hold” rating on shares of Tenable in a research report on Thursday, October 31st. Seven research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $50.25.

Insider Buying and Selling at Tenable

In related news, Director Raymond Jr. Vicks sold 809 shares of the firm’s stock in a transaction 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 completion of the sale, the director now owns 8,659 shares of the company’s stock, valued at $333,544.68. This trade represents a 8.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Stephen A. Vintz sold 2,801 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $40.72, for a total transaction of $114,056.72. Following the transaction, the chief financial officer now directly owns 281,536 shares in the company, valued at approximately $11,464,145.92. The trade was a 0.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,463 shares of company stock worth $894,042. 4.30% of the stock is currently 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.