Tenable (NASDAQ:TENB) Updates FY 2025 Earnings Guidance

Tenable (NASDAQ:TENB - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.520-1.600 for the period, compared to the consensus 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 Performance

Tenable stock traded up $0.38 during mid-day trading on Friday, hitting $40.23. The company had a trading volume of 1,744,615 shares, compared to its average volume of 1,209,002. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $4.83 billion, a price-to-earnings ratio of -134.10 and a beta of 0.87. The company's fifty day moving average is $41.38 and its 200-day moving average is $41.28. Tenable has a 12-month low of $35.25 and a 12-month high of $52.50.

Tenable (NASDAQ:TENB - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.08 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%. Equities research analysts predict that Tenable will post 0.18 EPS for the current year.

Wall Street Analyst Weigh In

TENB has been the topic of a number of recent analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $50.00 price target on shares of Tenable in a research report on Thursday. Jefferies Financial Group lifted 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. Piper Sandler reduced their price objective on shares of Tenable from $55.00 to $50.00 and set an "overweight" rating for the company in a research report on Thursday, October 31st. Scotiabank lifted their target price on shares of Tenable from $44.00 to $45.00 and gave the company a "sector perform" rating in a research report on Tuesday, January 21st. Finally, Westpark Capital restated a "hold" rating on shares of Tenable in a research report on Thursday, October 31st. Seven equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has 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 an average target price of $49.67.

Insider Buying and Selling

In other news, COO Mark C. Thurmond sold 2,343 shares of Tenable stock in a transaction that occurred 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 sale, the chief operating officer now owns 37,188 shares of the company's stock, valued at approximately $1,589,415.12. The trade was a 5.93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Amit Yoran sold 4,828 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $40.72, for a total value of $196,596.16. Following the completion of the transaction, the chief executive officer now owns 45,171 shares of the company's stock, valued at $1,839,363.12. The trade was a 9.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 21,463 shares of company stock worth $894,042. 4.30% of the stock is owned by corporate insiders.

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.