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 guidance of 1.520-1.600 for the period, compared to the consensus earnings per share 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 Up 1.3 %

TENB traded up $0.51 on Friday, hitting $40.36. The company had a trading volume of 181,379 shares, compared to its average volume of 1,131,569. 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 52-week low of $35.25 and a 52-week high of $52.50. The stock has a fifty day simple moving average of $41.45 and a 200-day simple moving average of $41.34. The firm has a market capitalization of $4.85 billion, a P/E ratio of -79.43 and a beta of 0.87.

Tenable (NASDAQ:TENB) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share 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, equities analysts expect that Tenable will post -0.02 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TENB. Scotiabank boosted their target price 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. Barclays upped their price target on shares of Tenable from $45.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday. Robert W. Baird decreased their target price on shares of Tenable from $53.00 to $50.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Westpark Capital reissued a “hold” rating on shares of Tenable in a research report on Thursday, October 31st. Finally, Piper Sandler decreased their price target on shares of Tenable from $55.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday, October 31st. Seven analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $50.44.

Insider Activity

In other news, COO Mark C. Thurmond sold 2,343 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $42.74, for a total value of $100,139.82. Following the transaction, the chief operating officer now directly owns 37,188 shares of the company’s stock, valued at approximately $1,589,415.12. This represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Stephen A. Vintz sold 2,801 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 transaction of $114,056.72. Following the transaction, the chief financial officer now directly owns 281,536 shares in the company, valued at $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 ninety days, insiders sold 21,463 shares of company stock valued at $894,042. 4.30% of the stock is currently owned by 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.