William Blair Has Bearish Forecast for Tenable Q2 Earnings

Tenable Holdings, Inc. (NASDAQ:TENB) – Equities researchers at William Blair reduced their Q2 2025 earnings estimates for shares of Tenable in a research report issued on Wednesday, April 30th. William Blair analyst J. Ho now expects that the company will post earnings per share of ($0.05) for the quarter, down from their previous estimate of ($0.01). The consensus estimate for Tenable’s current full-year earnings is $0.12 per share. William Blair also issued estimates for Tenable’s Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.00 EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.12 EPS, Q4 2026 earnings at $0.20 EPS and FY2026 earnings at $0.38 EPS.

A number of other equities analysts have also recently issued reports on TENB. Stifel Nicolaus dropped their price target on shares of Tenable from $45.00 to $30.00 and set a “hold” rating on the stock in a research note on Wednesday, April 30th. Westpark Capital reissued a “hold” rating on shares of Tenable in a report on Wednesday, April 30th. Barclays dropped their price objective on shares of Tenable from $40.00 to $33.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 30th. Jefferies Financial Group decreased their price target on shares of Tenable from $45.00 to $37.00 and set a “hold” rating on the stock in a research report on Monday, March 31st. Finally, Cantor Fitzgerald began coverage on shares of Tenable in a research report on Monday, March 31st. They set an “overweight” rating and a $50.00 price objective for the company. Seven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $40.44.

Tenable Stock Down 0.4 %

TENB stock opened at $31.13 on Monday. Tenable has a twelve month low of $28.75 and a twelve month high of $49.18. The firm has a market cap of $3.74 billion, a PE ratio of -103.77 and a beta of 0.83. The business has a 50 day moving average of $34.21 and a 200 day moving average of $38.65. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.88.

Tenable (NASDAQ:TENB) last announced its earnings results on Tuesday, April 29th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. Tenable had a negative net margin of 4.03% and a negative return on equity of 2.07%. The firm had revenue of $239.14 million for the quarter, compared to analysts’ expectations of $234.12 million. During the same quarter in the previous year, the business posted $0.25 EPS. The company’s quarterly revenue was up 10.7% on a year-over-year basis.

Hedge Funds Weigh In On Tenable

A number of large investors have recently added to or reduced their stakes in the company. Barclays PLC grew its position in shares of Tenable by 31.9% in the 3rd quarter. Barclays PLC now owns 731,626 shares of the company’s stock worth $29,646,000 after buying an additional 177,048 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Tenable during the third quarter worth $282,000. Tidal Investments LLC lifted its holdings in shares of Tenable by 19.4% during the 3rd quarter. Tidal Investments LLC now owns 31,518 shares of the company’s stock valued at $1,277,000 after purchasing an additional 5,116 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Tenable by 7.3% in the 3rd quarter. Franklin Resources Inc. now owns 448,586 shares of the company’s stock worth $18,984,000 after purchasing an additional 30,530 shares in the last quarter. Finally, Nordea Investment Management AB grew its stake in Tenable by 10.4% during the 4th quarter. Nordea Investment Management AB now owns 267,519 shares of the company’s stock worth $10,489,000 after buying an additional 25,247 shares during the last quarter. 89.06% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Tenable news, Director Linda Kay Zecher sold 2,500 shares of the stock in a transaction on 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 owns 353 shares of the company’s stock, valued at approximately $13,061. This trade represents a 87.63 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Mark C. Thurmond sold 1,341 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $39.56, for a total value of $53,049.96. Following the completion of the transaction, the chief executive officer now directly owns 41,266 shares of the company’s stock, valued at approximately $1,632,482.96. The trade was a 3.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,128 shares of company stock worth $539,256. 1.50% of the stock is currently owned by company 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.