What is Scotiabank’s Estimate for Tenable FY2026 Earnings?

Tenable Holdings, Inc. (NASDAQ:TENB) – Equities researchers at Scotiabank increased their FY2026 EPS estimates for Tenable in a research note issued on Wednesday, February 11th. Scotiabank analyst P. Colville now anticipates that the company will earn $0.40 per share for the year, up from their previous forecast of $0.27. Scotiabank currently has a “Sector Perform” rating and a $23.00 target price on the stock. The consensus estimate for Tenable’s current full-year earnings is $0.12 per share.

Tenable (NASDAQ:TENB) last released its quarterly 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 business had revenue of $260.53 million for the quarter, compared to analysts’ expectations of $251.79 million. Tenable had a negative net margin of 3.61% and a positive return on equity of 0.20%. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.41 earnings per share. Tenable has set its FY 2026 guidance at 1.810-1.900 EPS and its Q1 2026 guidance at 0.390-0.420 EPS.

Several other equities analysts have also recently weighed in on TENB. JPMorgan Chase & Co. reduced their price target on Tenable from $40.00 to $35.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Wedbush cut their price target on shares of Tenable from $42.00 to $32.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Canaccord Genuity Group set a $33.00 price objective on Tenable in a research report on Thursday, February 5th. Truist Financial set a $27.00 target price on Tenable in a research note on Tuesday, January 20th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $30.00 target price on shares of Tenable in a research note on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $31.94.

Tenable Stock Performance

Shares of TENB opened at $22.12 on Friday. Tenable has a 12 month low of $19.15 and a 12 month high of $39.99. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of -73.73 and a beta of 0.63. The stock has a 50 day moving average of $23.36 and a 200 day moving average of $27.20. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.03.

Hedge Funds Weigh In On Tenable

A number of hedge funds have recently bought and sold shares of TENB. UBS Group AG grew its stake in shares of Tenable by 327.6% in the fourth quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock worth $72,768,000 after acquiring an additional 2,369,402 shares during the period. Norges Bank purchased a new position in Tenable in the fourth quarter worth about $44,542,000. Shapiro Capital Management LLC raised its position in Tenable by 38.8% in the third quarter. Shapiro Capital Management LLC now owns 3,612,353 shares of the company’s stock worth $105,336,000 after acquiring an additional 1,010,230 shares during the period. Marshall Wace LLP lifted its holdings in Tenable by 272.1% during the second quarter. Marshall Wace LLP now owns 1,237,173 shares of the company’s stock valued at $41,792,000 after purchasing an additional 904,662 shares in the last quarter. Finally, Barclays PLC boosted its position in shares of Tenable by 98.9% in the third quarter. Barclays PLC now owns 1,675,871 shares of the company’s stock worth $48,868,000 after purchasing an additional 833,125 shares during the period. Hedge funds and other institutional investors own 89.06% of the company’s stock.

Insider Activity

In related news, Director A Brooke Seawell sold 115,000 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $24.82, for a total value of $2,854,300.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Arthur W. Coviello, Jr. bought 12,000 shares of the stock in a transaction dated Monday, February 9th. The shares were acquired at an average price of $21.50 per share, with a total value of $258,000.00. Following the completion of the acquisition, the director directly owned 51,731 shares of the company’s stock, valued at approximately $1,112,216.50. The trade was a 30.20% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 1.50% 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.