Tenable (NASDAQ:TENB) Issues FY 2026 Earnings Guidance

Tenable (NASDAQ:TENB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.900-1.980 for the period, compared to the consensus EPS estimate of 1.580. 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 Q2 2026 guidance to 0.460-0.48 EPS.

Tenable Stock Performance

NASDAQ TENB traded down $0.24 on Friday, reaching $20.66. The stock had a trading volume of 279,748 shares, compared to its average volume of 2,946,692. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a fifty day moving average of $19.20 and a two-hundred day moving average of $23.10. Tenable has a 1-year low of $15.73 and a 1-year high of $35.69. The company has a market cap of $2.37 billion, a P/E ratio of -206.37 and a beta of 0.75.

Tenable (NASDAQ:TENB) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.06. Tenable had a positive return on equity of 7.32% and a negative net margin of 1.15%.The firm had revenue of $262.06 million for the quarter, compared to analyst estimates of $258.83 million. During the same period in the prior year, the firm posted $0.36 EPS. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. Tenable has set its FY 2026 guidance at 1.900-1.980 EPS and its Q2 2026 guidance at 0.460-0.48 EPS. On average, equities research analysts anticipate that Tenable will post 0.42 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Canaccord Genuity Group reduced their target price on Tenable from $33.00 to $28.00 and set a “buy” rating on the stock in a report on Thursday. Zacks Research lowered Tenable from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Wedbush reduced their target price on Tenable from $32.00 to $27.00 and set an “outperform” rating on the stock in a report on Thursday. William Blair lowered Tenable from an “outperform” rating to a “market perform” rating in a report on Tuesday. Finally, UBS Group reduced their target price on Tenable from $43.00 to $37.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $27.84.

Insider Activity

In related news, Director Arthur W. Coviello, Jr. acquired 12,000 shares of the stock in a transaction dated Monday, February 9th. The stock was bought at an average cost of $21.50 per share, for a total transaction of $258,000.00. Following the completion of the transaction, the director directly owned 51,731 shares of the company’s stock, valued at $1,112,216.50. The trade was a 30.20% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.70% of the stock is owned by company insiders.

Key Tenable News

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Q1 results beat and company raised FY and Q2 guidance — Tenable reported $0.47 EPS vs. $0.41 expected and revenue of $262.1M; management raised FY?2026 EPS and revenue guidance, signaling stronger-than-expected near?term profitability and top?line momentum. Tenable Announces First Quarter 2026 Financial Results
• Positive Sentiment: Product/strategy catalysts: Tenable outlined FY revenue targets (~$1.068B–$1.078B) tied to rollout of Hexa AI and new flex pricing — these initiatives could expand monetization and sustain recurring revenue growth if adoption accelerates. Tenable forecasts FY 2026 revenue as it rolls out Hexa AI and flex pricing
• Positive Sentiment: Market tailwinds: Analysts and coverage pieces note growing demand for exposure?management and AI?driven security tools, which supports Tenable’s addressable market and product relevance. TENB Q1 deep dive: Exposure management demand grows
• Neutral Sentiment: Primary filings and call materials are available for deeper due diligence — earnings transcript, slide deck and call highlight items investors should review to assess customer metrics and margin trajectory. Tenable Q1 2026 Earnings Transcript
• Negative Sentiment: Analyst skepticism and price?target cuts are weighing on the stock — several firms trimmed targets (Susquehanna, Canaccord, Needham) and William Blair downgraded coverage; independent notes also flagged slowing growth trends and a “worrying deceleration,” which is pressuring sentiment despite the beat. Benzinga coverage of analyst moves Tenable: Worrying Deceleration (Downgrade)

Hedge Funds Weigh In On Tenable

Hedge funds have recently made changes to their positions in the stock. State of Tennessee Department of Treasury bought a new position in shares of Tenable during the fourth quarter worth about $173,000. EP Wealth Advisors LLC acquired a new stake in Tenable during the fourth quarter worth approximately $223,000. Empowered Funds LLC acquired a new stake in Tenable during the fourth quarter worth approximately $91,000. Itau Unibanco Holding S.A. acquired a new stake in Tenable during the fourth quarter worth approximately $119,000. Finally, Advisors Asset Management Inc. grew its stake in Tenable by 356.7% during the fourth quarter. Advisors Asset Management Inc. now owns 4,051 shares of the company’s stock worth $95,000 after purchasing an additional 3,164 shares during the period. 89.06% of the stock is currently owned by institutional investors.

Tenable Company Profile

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.