What is Scotiabank’s Estimate for Tenable FY2026 Earnings?

Tenable Holdings, Inc. (NASDAQ:TENB) – Research analysts at Scotiabank lowered their FY2026 earnings estimates for Tenable in a report released on Wednesday, July 29th. Scotiabank analyst P. Colville now anticipates that the company will post earnings of $0.47 per share for the year, down from their previous forecast of $0.48. Scotiabank has a “Sector Outperform” rating and a $50.00 price target on the stock. The consensus estimate for Tenable’s current full-year earnings is $0.50 per share. Scotiabank also issued estimates for Tenable’s FY2027 earnings at $0.58 EPS.

A number of other research analysts have also weighed in on the company. Stifel Nicolaus raised their price objective on Tenable from $26.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, July 30th. Barclays dropped their target price on Tenable from $41.00 to $38.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Weiss Ratings raised Tenable from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, July 9th. TD Cowen raised their price target on Tenable from $38.00 to $44.00 and gave the company a “buy” rating in a report on Monday, July 13th. Finally, JPMorgan Chase & Co. lifted their price target on Tenable from $35.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $34.68.

Tenable Stock Performance

Shares of TENB opened at $35.94 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.42. The stock has a market cap of $3.96 billion, a P/E ratio of 718.94 and a beta of 0.94. The business’s 50 day moving average price is $32.49 and its 200-day moving average price is $24.80. Tenable has a 52 week low of $15.73 and a 52 week high of $43.67.

Tenable (NASDAQ:TENB) last announced its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. Tenable had a net margin of 0.65% and a return on equity of 13.58%. The business had revenue of $268.51 million during the quarter, compared to the consensus estimate of $264.87 million. During the same quarter last year, the firm earned $0.34 earnings per share. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS.

Hedge Funds Weigh In On Tenable

A number of hedge funds have recently added to or reduced their stakes in TENB. UBS Group AG increased its holdings in shares of Tenable by 327.6% in the 4th quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock worth $72,768,000 after purchasing an additional 2,369,402 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Tenable by 175.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,732,271 shares of the company’s stock valued at $63,131,000 after purchasing an additional 2,375,587 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Tenable by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock valued at $363,009,000 after purchasing an additional 465,039 shares in the last quarter. NewEdge Wealth LLC bought a new position in shares of Tenable during the fourth quarter valued at $754,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Tenable by 7.0% during the first quarter. Bank of New York Mellon Corp now owns 821,163 shares of the company’s stock valued at $13,890,000 after buying an additional 53,879 shares during the last quarter. 89.06% of the stock is currently owned by hedge funds and other 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.