Tenable Holdings, Inc. (NASDAQ:TENB) Given Consensus Recommendation of “Hold” by Analysts

Shares of Tenable Holdings, Inc. (NASDAQ:TENB) have received a consensus rating of “Hold” from the twenty analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $34.6842.

A number of research firms have recently commented on TENB. Wall Street Zen upgraded shares of Tenable from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Susquehanna raised their price target on shares of Tenable from $26.00 to $36.00 and gave the company a “positive” rating in a report on Thursday. Truist Financial reduced their price target on shares of Tenable from $40.00 to $30.00 and set a “hold” rating for the company in a research report on Thursday. Stifel Nicolaus boosted their price target on shares of Tenable from $26.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday. Finally, Wells Fargo & Company decreased their target price on Tenable from $43.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Thursday.

Tenable News Roundup

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Tenable exceeded Q2 expectations, reporting adjusted EPS of $0.51 versus the $0.47 consensus and revenue of $268.51 million versus estimates of $264.87 million. Revenue increased 8.6% year over year. Tenable Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management issued stronger-than-expected EPS guidance, forecasting Q3 EPS of $0.49–$0.52 versus the $0.42 consensus and full-year EPS of $1.95–$2.00 versus the $1.66 consensus. The outlook reflects momentum in Tenable One, artificial intelligence offerings and customer expansion. TENB Q2 Earnings Beat and Outlook Raised
• Positive Sentiment: Needham raised its price target to $36 from $30 and Canaccord Genuity increased its target to $36 from $30; both firms maintained or initiated a “buy” view. Needham Raises Tenable Price Target
• Neutral Sentiment: Wells Fargo lowered its target to $35 from $43 while retaining an “equal weight” rating, and Barclays and Truist reaffirmed “hold” ratings. Truist separately reduced its target to $30 from $40, signaling limited near-term conviction.
• Negative Sentiment: Piper Sandler cut its rating on Tenable, adding to investor concerns that the improved outlook may already be reflected in the stock’s valuation. Piper Sandler Cuts Tenable Rating

Tenable Price Performance

Shares of NASDAQ TENB opened at $32.64 on Wednesday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.85 and a current ratio of 0.85. Tenable has a fifty-two week low of $15.73 and a fifty-two week high of $43.67. The stock has a market cap of $3.60 billion, a PE ratio of 652.93 and a beta of 0.94. The stock has a fifty day moving average of $32.10 and a 200-day moving average of $24.62.

Tenable (NASDAQ:TENB) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. Tenable had a return on equity of 13.58% and a net margin of 0.65%.The business had revenue of $268.51 million for the quarter, compared to analysts’ expectations of $264.87 million. During the same quarter in the prior year, the firm posted $0.34 EPS. The firm’s quarterly revenue 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. Equities research analysts anticipate that Tenable will post 0.5 earnings per share for the current year.

Institutional Trading of Tenable

Several hedge funds and other institutional investors have recently bought and sold shares of TENB. Vanguard Group Inc. raised its holdings in Tenable by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock valued at $363,009,000 after buying an additional 465,039 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Tenable by 11.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,179,473 shares of the company’s stock worth $209,354,000 after acquiring an additional 713,291 shares during the last quarter. First Trust Advisors LP grew its holdings in Tenable by 31.8% in the 4th quarter. First Trust Advisors LP now owns 4,243,625 shares of the company’s stock worth $99,852,000 after acquiring an additional 1,023,671 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Tenable by 175.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,732,271 shares of the company’s stock valued at $63,131,000 after acquiring an additional 2,375,587 shares during the period. Finally, Shapiro Capital Management LLC increased its position in shares of Tenable by 38.8% in the third quarter. Shapiro Capital Management LLC now owns 3,612,353 shares of the company’s stock valued at $105,336,000 after acquiring an additional 1,010,230 shares during the period. Institutional investors own 89.06% of the company’s stock.

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.