Tenable Holdings, Inc. (NASDAQ:TENB) Stock Now Rated “Hold” by Wall Street Analysts

Tenable Holdings, Inc. (NASDAQ:TENB) has received an average rating of “Hold” from the twenty research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $34.84.

A number of equities analysts recently weighed in on the company. Weiss Ratings upgraded Tenable from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Susquehanna upped their target price on shares of Tenable from $26.00 to $36.00 and gave the company a “positive” rating in a research note on Thursday, July 30th. Scotiabank upgraded shares of Tenable from a “sector perform” rating to a “sector outperform” rating and set a $50.00 target price on the stock in a research note on Monday, July 6th. Jefferies Financial Group dropped their target price on Tenable from $35.00 to $30.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. Finally, Wedbush lowered shares of Tenable from an “outperform” rating to an “underperform” rating and set a $29.00 price objective on the stock. in a research note on Thursday, September 10th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in Tenable during the 2nd quarter worth approximately $498,387,000. Arrowstreet Capital Limited Partnership lifted its stake in 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 buying an additional 2,375,587 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in Tenable in the second quarter valued at approximately $76,759,000. Renaissance Technologies LLC boosted its holdings in shares of Tenable by 140.8% in the first quarter. Renaissance Technologies LLC now owns 1,260,100 shares of the company’s stock valued at $21,315,000 after buying an additional 736,800 shares during the period. Finally, Freestone Grove Partners LP acquired a new position in shares of Tenable in the second quarter valued at approximately $42,489,000. 89.06% of the stock is owned by institutional investors and hedge funds.

Tenable Price Performance

Shares of Tenable stock opened at $37.20 on Monday. The business’s fifty day moving average price is $36.26 and its 200 day moving average price is $30.50. Tenable has a twelve month low of $15.73 and a twelve month high of $43.67. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.78. The stock has a market capitalization of $4.10 billion, a P/E ratio of 744.15 and a beta of 1.01.

Tenable (NASDAQ:TENB) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.04. Tenable had a return on equity of 14.90% and a net margin of 0.65%. The firm had revenue of $268.51 million during the quarter, compared to analyst estimates of $264.87 million. During the same period in the previous year, the company earned $0.34 earnings per share. Tenable’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. As a group, research analysts anticipate that Tenable will post 0.50 earnings per share for the current year.

About Tenable

Tenable Holdings, Inc (NASDAQ: TENB) is a cybersecurity company focused on exposure management, helping organizations identify, assess and reduce security risks across their technology environments. Its platform is designed to provide visibility into vulnerabilities and other exposures affecting networks, cloud infrastructure, applications, identities and operational technology.

The company’s product portfolio includes Tenable One, an exposure management platform, and Nessus, a widely used vulnerability assessment solution.