William Blair Brokers Lower Earnings Estimates for Tenable

Tenable Holdings, Inc. (NASDAQ:TENB) – Equities researchers at William Blair lowered their Q2 2025 earnings estimates for shares of Tenable in a report issued on Wednesday, April 30th. William Blair analyst J. Ho now anticipates that the company will post earnings per share of ($0.05) for the quarter, down from their previous estimate of ($0.01). The consensus estimate for Tenable’s current full-year earnings is $0.12 per share. William Blair also issued estimates for Tenable’s Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.00 EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.12 EPS, Q4 2026 earnings at $0.20 EPS and FY2026 earnings at $0.38 EPS.

Tenable (NASDAQ:TENB) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. Tenable had a negative net margin of 4.03% and a negative return on equity of 2.07%. The firm had revenue of $239.14 million during the quarter, compared to analysts’ expectations of $234.12 million. During the same period last year, the company earned $0.25 earnings per share. The business’s revenue was up 10.7% on a year-over-year basis.

Several other brokerages have also recently issued reports on TENB. Scotiabank cut their target price on Tenable from $45.00 to $30.00 and set a “sector perform” rating on the stock in a research report on Wednesday, April 30th. Robert W. Baird reduced their target price on shares of Tenable from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, April 30th. JPMorgan Chase & Co. dropped their price target on shares of Tenable from $53.00 to $43.00 and set an “overweight” rating on the stock in a research report on Monday, April 28th. Wells Fargo & Company reduced their price objective on shares of Tenable from $50.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday, April 30th. Finally, Barclays dropped their target price on shares of Tenable from $40.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 30th. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $40.44.

Tenable Price Performance

TENB stock opened at $31.13 on Monday. The company has a market capitalization of $3.74 billion, a P/E ratio of -103.77 and a beta of 0.83. Tenable has a 52-week low of $28.75 and a 52-week high of $49.18. The business has a 50-day simple moving average of $34.21 and a two-hundred day simple moving average of $38.65. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.28 and a current ratio of 1.28.

Insider Buying and Selling at Tenable

In related news, Director Linda Kay Zecher sold 2,500 shares of the business’s stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $37.00, for a total transaction of $92,500.00. Following the completion of the transaction, the director now directly owns 353 shares in the company, valued at $13,061. The trade was a 87.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Mark C. Thurmond sold 1,341 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $39.56, for a total value of $53,049.96. Following the completion of the sale, the chief executive officer now directly owns 41,266 shares in the company, valued at approximately $1,632,482.96. The trade was a 3.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 14,128 shares of company stock valued at $539,256 in the last quarter. 1.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Tenable

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Tenable by 858.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 642 shares of the company’s stock valued at $25,000 after acquiring an additional 575 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in Tenable during the fourth quarter valued at about $35,000. SBI Securities Co. Ltd. bought a new position in shares of Tenable during the fourth quarter valued at about $38,000. Byrne Asset Management LLC increased its holdings in shares of Tenable by 115.4% in the first quarter. Byrne Asset Management LLC now owns 1,357 shares of the company’s stock worth $47,000 after buying an additional 727 shares during the period. Finally, Johnson Financial Group Inc. bought a new stake in Tenable in the fourth quarter valued at approximately $53,000. 89.06% of the stock is owned by hedge funds and other institutional investors.

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.