Tenable (NASDAQ:TENB) Releases Q1 2026 Earnings Guidance

Tenable (NASDAQ:TENB) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.390-0.420 for the period, compared to the consensus earnings per share estimate of 0.260. The company issued revenue guidance of $257.0 million-$260.0 million, compared to the consensus revenue estimate of $256.3 million. Tenable also updated its FY 2026 guidance to 1.810-1.900 EPS.

Tenable Stock Down 1.6%

Shares of NASDAQ:TENB traded down $0.33 during trading on Wednesday, reaching $19.72. 4,688,469 shares of the stock traded hands, compared to its average volume of 1,749,104. Tenable has a 52-week low of $19.55 and a 52-week high of $43.68. The stock has a 50-day moving average of $23.93 and a two-hundred day moving average of $27.64. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market cap of $2.35 billion, a P/E ratio of -73.04 and a beta of 0.63.

Tenable (NASDAQ:TENB) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.06. The firm had revenue of $260.53 million for the quarter, compared to analysts’ expectations of $251.79 million. The firm’s revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the company posted $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 expect that Tenable will post 0.12 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on TENB shares. Needham & Company LLC decreased their price objective on shares of Tenable from $38.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Barclays cut their price target on shares of Tenable from $33.00 to $28.00 and set an “equal weight” rating on the stock in a report on Monday, January 5th. Canaccord Genuity Group lowered their price target on Tenable from $45.00 to $40.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Cantor Fitzgerald restated an “overweight” rating and issued a $30.00 target price on shares of Tenable in a research note on Friday, January 30th. Finally, Jefferies Financial Group dropped 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Tenable presently has an average rating of “Moderate Buy” and a consensus target price of $34.41.

Insiders Place Their Bets

In other news, Director A Brooke Seawell sold 115,000 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $24.82, for a total value of $2,854,300.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.50% of the company’s stock.

Key Headlines Impacting Tenable

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Q4 results beat expectations — non‑GAAP EPS $0.48 vs. consensus $0.42 and revenue $260.5M (up 11% YoY), signaling stronger demand for Tenable One. Tenable (TENB) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management posted materially better guidance: Q1 non‑GAAP EPS $0.39–$0.42 vs. consensus ~$0.26 and FY non‑GAAP EPS $1.81–$1.90 vs. consensus ~1.20 — a bullish signal for near‑term profitability and margin expansion. Tenable Reports Strong Q4 and Full Year 2025 Financial Results, Increases Share Repurchase Authorization by $150 Million
• Positive Sentiment: Board increased share‑repurchase authorization by $150M (total available ~$338M) and repurchased shares in 2025 — a shareholder‑friendly move that supports EPS and reduces float. Tenable Reports Strong Q4 and Full Year 2025 Financial Results, Increases Share Repurchase Authorization by $150 Million
• Positive Sentiment: Broker/credit upgrades — Zacks moved TENB to a stronger buy stance and S&P Global upgraded the credit rating to BB, both supportive of investor sentiment. Zacks.com Tenable Reports Strong Q4 and Full Year 2025 Financial Results, Increases Share Repurchase Authorization by $150 Million
• Neutral Sentiment: Mixed analyst view remains — some brokerages still rate the stock “hold,” so market reaction may be uneven as investors re‑price expectations. Tenable Holdings, Inc. (NASDAQ:TENB) Given Average Rating of “Hold” by Brokerages
• Negative Sentiment: GAAP results and liquidity show caution: full‑year GAAP net loss persisted and cash + short‑term investments fell to ~$402M from $577M a year earlier — a potential concern if growth or buybacks consume more cash. Tenable Reports Strong Q4 and Full Year 2025 Financial Results, Increases Share Repurchase Authorization by $150 Million
• Negative Sentiment: Insider selling activity and heavy trading volume today may reflect profit‑taking and concern over valuation despite the beat — keep an eye on continued insider activity and volume patterns. Tenable Reports Strong Q4 and Full Year 2025 Financial Results, Increases Share Repurchase Authorization by $150 Million

Hedge Funds Weigh In On Tenable

Several institutional investors and hedge funds have recently modified their holdings of the company. Quarry LP purchased a new stake in Tenable in the 3rd quarter worth approximately $25,000. Horizon Investments LLC bought a new stake in Tenable during the third quarter valued at about $45,000. Cerity Partners LLC bought a new position in Tenable in the 2nd quarter worth approximately $272,000. Vise Technologies Inc. bought a new stake in shares of Tenable in the third quarter valued at about $249,000. Finally, Captrust Financial Advisors raised its stake in shares of Tenable by 32.4% in the second quarter. Captrust Financial Advisors now owns 10,821 shares of the company’s stock valued at $366,000 after purchasing an additional 2,646 shares in the last quarter. Hedge funds and other institutional investors own 89.06% of the company’s stock.

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.