Tenable (NASDAQ:TENB) Releases FY 2026 Earnings Guidance

Tenable (NASDAQ:TENB) updated its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.160-2.190 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

Several research analysts recently commented on TENB shares. Needham & Company LLC boosted their price target on Tenable from $36.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday. Scotiabank restated an “outperform” rating and issued a $60.00 price target on shares of Tenable in a research note on Thursday. Susquehanna raised their price objective on shares of Tenable from $36.00 to $55.00 and gave the stock a “positive” rating in a report on Thursday. Yorkville Ives started coverage on shares of Tenable in a research report on Tuesday, October 6th. They issued an “outperform” rating and a $45.00 target price for the company. Finally, JPMorgan Chase & Co. increased their price target on shares of Tenable from $40.00 to $41.00 and gave the stock an “overweight” rating in a research report on Thursday. Ten research 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. Based on data from MarketBeat, Tenable presently has an average rating of “Hold” and a consensus target price of $46.25.

Tenable Trading Down 2.0%

Shares of NASDAQ TENB opened at $50.75 on Friday. Tenable has a 12-month low of $15.73 and a 12-month high of $53.22. The company has a market cap of $5.59 billion, a price-to-earnings ratio of 390.41 and a beta of 1.01. The company has a current ratio of 1.04, a quick ratio of 0.79 and a debt-to-equity ratio of 1.78. The stock’s 50 day simple moving average is $38.02 and its 200 day simple moving average is $28.77.

Tenable (NASDAQ:TENB) last issued its earnings results on Wednesday, October 28th. The company reported $0.63 earnings per share for the quarter, topping 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 firm had revenue of $276.39 million for the quarter, compared to analyst estimates of $271.58 million. During the same period last year, the company earned $0.42 earnings per share. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. Equities research analysts expect that Tenable will post 0.58 EPS for the current year.

Tenable News Roundup

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

Tenable Company Profile

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.