What is DA Davidson's Estimate for Tenable FY2026 Earnings?

Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) - Analysts at DA Davidson decreased their FY2026 EPS estimates for Tenable in a research note issued 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 - Get Free Report) last issued 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 return on equity of 2.07% and a negative net margin of 4.03%.

TENB has been the topic of a number of other reports. Needham & Company LLC reiterated a "buy" rating and set a $50.00 price objective on shares of Tenable in a research note on Thursday, February 6th. Stifel Nicolaus downgraded shares of Tenable from a "buy" rating to a "hold" rating and lowered their price target for the company from $46.00 to $45.00 in a report on Friday, January 17th. Westpark Capital reissued a "hold" rating on shares of Tenable in a research note on Thursday, October 31st. Barclays raised their price objective on shares of Tenable from $45.00 to $48.00 and gave the company an "equal weight" rating in a research report on Thursday, February 6th. Finally, Jefferies Financial Group upped their target price on shares of Tenable from $40.00 to $45.00 and gave the stock a "hold" rating in a report on Thursday, December 19th. Seven equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Tenable currently has an average rating of "Moderate Buy" and an average target price of $49.67.

Tenable Stock Performance

NASDAQ:TENB traded down $0.22 during mid-day trading on Tuesday, hitting $39.30. 205,794 shares of the company traded hands, compared to its average volume of 1,126,052. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.88. The stock's fifty day moving average price is $41.24 and its 200-day moving average price is $41.23. The firm has a market cap of $4.72 billion, a price-to-earnings ratio of -131.07 and a beta of 0.87. Tenable has a one year low of $35.25 and a one year high of $51.97.

Insider Buying and Selling

In other news, CFO Stephen A. Vintz sold 3,180 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $42.74, for a total transaction of $135,913.20. Following the sale, the chief financial officer now directly owns 285,045 shares in the company, valued at approximately $12,182,823.30. This represents a 1.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Raymond Jr. Vicks sold 809 shares of the stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $38.52, for a total transaction of $31,162.68. Following the completion of the transaction, the director now directly owns 8,659 shares of the company's stock, valued at approximately $333,544.68. The trade was a 8.54 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,463 shares of company stock worth $894,042. Corporate insiders own 4.30% of the company's stock.

Institutional Investors Weigh In On Tenable

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Tenable by 858.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 642 shares of the company's stock valued at $25,000 after purchasing an additional 575 shares during the last quarter. Covestor Ltd boosted its stake in Tenable by 84.5% during the third quarter. Covestor Ltd now owns 631 shares of the company's stock worth $26,000 after buying an additional 289 shares during the period. Larson Financial Group LLC increased its position in Tenable by 658.6% during the third quarter. Larson Financial Group LLC now owns 751 shares of the company's stock valued at $30,000 after acquiring an additional 652 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in shares of Tenable in the fourth quarter valued at $35,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Tenable in the 4th quarter worth about $38,000. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

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.