William Blair Forecasts Tenable's Q2 Earnings (NASDAQ:TENB)

Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) - Stock analysts at William Blair issued their Q2 2026 earnings estimates for shares of Tenable in a research report issued to clients and investors on Thursday, February 6th. William Blair analyst J. Ho forecasts that the company will earn $0.08 per share for the quarter. The consensus estimate for Tenable's current full-year earnings is $0.18 per share. William Blair also issued estimates for Tenable's Q3 2026 earnings at $0.15 EPS, Q4 2026 earnings at $0.22 EPS and FY2026 earnings at $0.49 EPS.

TENB has been the subject of several other research reports. Robert W. Baird dropped their price objective on shares of Tenable from $53.00 to $50.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Needham & Company LLC reissued a "buy" rating and issued a $50.00 price target on shares of Tenable in a research note on Thursday, February 6th. Westpark Capital reissued a "hold" rating on shares of Tenable in a research note on Thursday, October 31st. Piper Sandler dropped their price target on shares of Tenable from $55.00 to $50.00 and set an "overweight" rating for the company in a research note on Thursday, October 31st. Finally, Jefferies Financial Group increased their price target on shares of Tenable from $40.00 to $45.00 and gave the company a "hold" rating in a research note on Thursday, December 19th. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $49.67.

Tenable Price Performance

NASDAQ TENB traded down $0.08 during trading hours on Monday, hitting $39.52. 624,970 shares of the company's stock traded hands, compared to its average volume of 1,158,044. Tenable has a 52-week low of $35.25 and a 52-week high of $51.97. The company has a market capitalization of $4.75 billion, a PE ratio of -131.73 and a beta of 0.87. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.28 and a quick ratio of 1.28. The firm's 50-day moving average is $41.24 and its 200-day moving average is $41.23.

Tenable (NASDAQ:TENB - Get Free Report) last announced its quarterly earnings data 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 net margin of 4.03% and a negative return on equity of 2.07%.

Institutional Investors Weigh In On Tenable

Hedge funds and other institutional investors have recently modified their holdings of the company. Covestor Ltd raised its holdings in shares of Tenable by 84.5% in the 3rd quarter. Covestor Ltd now owns 631 shares of the company's stock valued at $26,000 after purchasing an additional 289 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Tenable by 858.2% in 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 in the last quarter. Larson Financial Group LLC raised its holdings in shares of Tenable by 658.6% in the 3rd quarter. Larson Financial Group LLC now owns 751 shares of the company's stock valued at $30,000 after purchasing an additional 652 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Tenable in the 4th quarter valued at $38,000. Finally, Nisa Investment Advisors LLC grew its position in shares of Tenable by 74.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,753 shares of the company's stock valued at $108,000 after buying an additional 1,172 shares during the last quarter. 89.06% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Tenable news, Director Raymond Jr. Vicks sold 809 shares of the stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $38.52, for a total transaction of $31,162.68. Following the sale, the director now directly owns 8,659 shares in the company, valued at $333,544.68. This represents a 8.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Mark C. Thurmond sold 2,343 shares of the firm's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $42.74, for a total transaction of $100,139.82. Following the completion of the sale, the chief operating officer now owns 37,188 shares in the company, valued at $1,589,415.12. The trade was a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,463 shares of company stock worth $894,042 in the last ninety days. 4.30% of the stock is owned by corporate 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.