Tenable (TENB) Expected to Announce Earnings on Tuesday

Tenable (NASDAQ:TENB) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect Tenable to post earnings of $0.28 per share and revenue of $234.12 million for the quarter. Tenable has set its FY 2025 guidance at 1.520-1.600 EPS and its Q1 2025 guidance at 0.280-0.300 EPS.

Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.26). Tenable had a negative return on equity of 2.07% and a negative net margin of 4.03%. On average, analysts expect Tenable to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tenable Trading Up 0.8 %

NASDAQ:TENB opened at $32.98 on Monday. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of -109.93 and a beta of 0.88. Tenable has a 1 year low of $29.99 and a 1 year high of $49.18. The stock has a fifty day moving average price of $35.18 and a two-hundred day moving average price of $39.15. 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 firm’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 sale, the director now directly owns 353 shares in the company, valued at approximately $13,061. This trade represents a 87.63 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Stephen A. Vintz sold 6,681 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $38.16, for a total value of $254,946.96. Following the completion of the transaction, the chief executive officer now owns 316,523 shares of the company’s stock, valued at approximately $12,078,517.68. This represents a 2.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,128 shares of company stock valued at $539,256 over the last three months. 1.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TENB has been the topic of several research reports. Cantor Fitzgerald started coverage on shares of Tenable in a research report on Monday, March 31st. They issued an “overweight” rating and a $50.00 price target on the stock. Morgan Stanley lowered their target price on Tenable from $40.00 to $30.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 16th. Barclays cut their price target on Tenable from $48.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday, April 14th. Jefferies Financial Group reduced their target price on shares of Tenable from $45.00 to $37.00 and set a “hold” rating on the stock in a report on Monday, March 31st. Finally, Scotiabank raised their price objective on Tenable from $44.00 to $45.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 21st. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $46.72.

Tenable Company Profile

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.