Tenable (NASDAQ:TENB) Releases FY 2026 Earnings Guidance

Tenable (NASDAQ:TENB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.810-1.900 for the period, compared to the consensus earnings per share estimate of 1.200. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Tenable also updated its Q1 2026 guidance to 0.390-0.420 EPS.

Tenable Trading Up 0.2%

Shares of NASDAQ:TENB traded up $0.04 during midday trading on Thursday, reaching $19.76. 11,369,610 shares of the company’s stock were exchanged, compared to its average volume of 2,180,685. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of -73.19 and a beta of 0.63. Tenable has a fifty-two week low of $19.15 and a fifty-two week high of $43.68. The firm’s 50 day simple moving average is $23.93 and its two-hundred day simple moving average is $27.64. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.94 and a quick ratio of 0.94.

Tenable (NASDAQ:TENB) last announced its earnings results on Wednesday, February 4th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.06. The company had revenue of $260.53 million for the quarter, compared to analysts’ expectations of $251.79 million. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period last year, the business earned $0.41 EPS. Tenable has set its FY 2026 guidance at 1.810-1.900 EPS and its Q1 2026 guidance at 0.390-0.420 EPS. As a group, sell-side analysts forecast that Tenable will post 0.12 EPS for the current fiscal year.

Analyst Ratings Changes

TENB has been the topic of a number of research reports. Scotiabank decreased their price target on Tenable from $31.00 to $23.00 and set a “sector perform” rating on the stock in a research note on Thursday. Canaccord Genuity Group set a $33.00 target price on Tenable in a report on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and set a $30.00 price target on shares of Tenable in a research note on Friday, January 30th. Jefferies Financial Group reduced their price target on shares of Tenable from $29.00 to $24.00 and set a “hold” rating on the stock in a research report on Monday. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Tenable from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.94.

Insider Buying and Selling

In other news, Director A Brooke Seawell sold 115,000 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $24.82, for a total transaction of $2,854,300.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is owned by corporate insiders.

Tenable News Roundup

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Q4 beat and bullish guidance — Tenable reported Q4 revenue of $260.5M (+11% YoY) and non‑GAAP EPS $0.48, topping estimates; management issued FY‑2026 EPS guidance of $1.81–$1.90 (well above prior consensus) and Q1 EPS guidance of $0.39–$0.42, supporting stronger near‑term earnings visibility. Tenable Q4 Release & Call
• Positive Sentiment: Large buyback increase — company expanded repurchase authorization by $150M (total remaining authorization $338M) and repurchased shares in Q4, a capital return action that supports EPS and signals management confidence. Quiver: Repurchase Increase
• Positive Sentiment: Product/market momentum — company highlights AI‑powered Tenable One driving record enterprise platform wins and platform consolidation demand, supporting durable recurring revenue and customer expansion. Yahoo Finance: Q4 Deep Dive
• Positive Sentiment: Analyst upgrades/positive takes — Zacks moved TENB to “strong‑buy” and several bullish writeups (including a Seeking Alpha piece framing TENB as a deep‑value/security leader at ~12x FY26 P/E) add investor interest. Zacks Upgrade Seeking Alpha: Deep Value
• Neutral Sentiment: Market reaction coverage — multiple outlets report the stock “jumped” after results; that media attention can amplify intraday flow but doesn’t change fundamentals. MSN: Tenable Jumps
• Negative Sentiment: Analyst price‑target trims — TD Cowen cut its PT from $45 to $38 (still a buy) and Wedbush cut $42→$32 (outperform); such cuts can limit near‑term upside despite maintained positive ratings. Benzinga: TD Cowen PT Cut The Fly: Wedbush PT Cut
• Negative Sentiment: Cash decline, GAAP loss and insider selling — cash & short‑term investments fell to $402.2M (from $577.2M a year ago) partly due to acquisitions and buybacks; GAAP net loss persists, and recent disclosed insider sales (multiple executives) may worry some investors about share supply/liquidity. Quiver: Cash/Insider Notes

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in TENB. CIBC Bancorp USA Inc. purchased a new position in Tenable in the third quarter worth $378,000. Danske Bank A S purchased a new position in Tenable in the 3rd quarter valued at approximately $840,000. CANADA LIFE ASSURANCE Co raised its holdings in Tenable by 37.6% during the third quarter. CANADA LIFE ASSURANCE Co now owns 616,210 shares of the company’s stock worth $18,375,000 after purchasing an additional 168,340 shares during the last quarter. Woodline Partners LP boosted its position in Tenable by 21.5% during the third quarter. Woodline Partners LP now owns 125,092 shares of the company’s stock worth $3,648,000 after purchasing an additional 22,128 shares in the last quarter. Finally, Dark Forest Capital Management LP purchased a new position in shares of Tenable in the third quarter valued at $806,000. 89.06% of the stock is owned by hedge funds and other institutional investors.

About Tenable

Tenable Holdings, Inc is a global cybersecurity company specializing in vulnerability management and continuous threat exposure assessment. Headquartered in Columbia, Maryland, Tenable was founded in 2002 by Ron Gula and Jack Huffard to address the growing need for proactive network security solutions. Over the years, the company has evolved from a pioneer in open-source vulnerability scanning to a leading provider of comprehensive security platforms that help organizations identify, investigate and prioritize cyber risks across on-premises, cloud and operational technology environments.

At the core of Tenable’s product suite is Nessus, one of the industry’s most widely adopted vulnerability scanners.