Tenable (NASDAQ:TENB) Issues FY 2026 Earnings Guidance

Tenable (NASDAQ:TENB) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.160-2.190 for the period, compared to the consensus EPS estimate of 1.690. The company issued revenue guidance of $1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Tenable also updated its Q4 2026 guidance to 0.560-0.580 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TENB shares. Wells Fargo & Company raised their target price on shares of Tenable from $38.00 to $45.00 and gave the company an “equal weight” rating in a research note on Friday. DA Davidson set a $44.00 price target on Tenable in a research report on Thursday. Wall Street Zen upgraded Tenable from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 17th. Stephens restated a “positive” rating on shares of Tenable in a research note on Thursday. Finally, Susquehanna raised their price objective on Tenable from $36.00 to $55.00 and gave the company a “positive” rating in a research report on Thursday. Ten analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $46.25.

Tenable Stock Performance

NASDAQ:TENB opened at $50.75 on Friday. The stock has a market cap of $5.59 billion, a P/E ratio of 390.41 and a beta of 1.01. The stock has a 50 day simple moving average of $38.02 and a 200 day simple moving average of $28.77. The company has a current ratio of 1.04, a quick ratio of 0.79 and a debt-to-equity ratio of 1.78. Tenable has a 1-year low of $15.73 and a 1-year high of $53.22.

Tenable (NASDAQ:TENB) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.12. Tenable had a return on equity of 28.72% and a net margin of 1.48%. The business had revenue of $276.39 million during the quarter, compared to the consensus estimate of $271.58 million. During the same period in the previous year, the company posted $0.42 EPS. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. Research analysts anticipate that Tenable will post 0.50 earnings per share for the current year.

Key Tenable News

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Tenable reported third-quarter EPS of $0.63, above the $0.51 consensus estimate, while revenue of $276.4 million also exceeded expectations and increased 9.5% year over year. Tenable Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: The company raised fourth-quarter guidance to EPS of $0.56–$0.58 and revenue of $277 million–$280 million, ahead of consensus estimates of $0.42 and $276.5 million, respectively. Full-year 2026 EPS guidance was raised to $2.16–$2.19 versus the $1.69 consensus, providing the strongest near-term catalyst. Tenable Raises 2026 Earnings Guidance
• Positive Sentiment: Needham and Susquehanna raised their price targets to $55 and maintained positive or buy-equivalent ratings. Canaccord also increased its target to $54 and assigned a buy rating, reflecting optimism about earnings momentum and Tenable One adoption. Tenable Guidance Announcement
• Neutral Sentiment: Analysts continue to lift targets following the earnings report, but Stephens reaffirmed a hold rating and Wells Fargo maintained equal weight. Their targets of $48 and $45 remain below the recent trading level, signaling more cautious views despite the upward revisions. Stephens Reaffirms Hold Rating
• Negative Sentiment: Wedbush warned that vendor bundling and potential cybersecurity-industry consolidation could pressure Tenable’s competitive position. Commentary also notes that the stock has already experienced a substantial rally, increasing valuation and profit-taking concerns. Tenable Faces Consolidation Risk

About Tenable

Tenable is a cybersecurity company that helps organizations identify, assess and reduce cyber risk across their technology environments. Its exposure management platform is designed to provide visibility into vulnerabilities and other security exposures affecting cloud systems, applications, endpoints, networks, operational technology, Internet of Things devices and identities.

The company’s product portfolio includes Nessus, a widely used vulnerability assessment solution, and Tenable One, an exposure management platform that brings together vulnerability management, cloud security, identity exposure and related capabilities.