Tenable Holdings, Inc. (NASDAQ:TENB) Receives Average Recommendation of “Hold” from Analysts

Tenable Holdings, Inc. (NASDAQ:TENB) has received an average rating of “Hold” from the twenty brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $28.1579.

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. dropped their price target on Tenable from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Stifel Nicolaus set a $24.00 price target on Tenable in a research note on Thursday, February 5th. Wall Street Zen raised Tenable from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Wells Fargo & Company boosted their target price on Tenable from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Finally, Barclays boosted their target price on Tenable from $21.00 to $27.00 and gave the company an “equal weight” rating in a research note on Tuesday.

Institutional Investors Weigh In On Tenable

A number of hedge funds and other institutional investors have recently modified their holdings of TENB. Quarry LP bought a new stake in shares of Tenable in the 3rd quarter valued at about $25,000. Kemnay Advisory Services Inc. bought a new stake in shares of Tenable in the 4th quarter valued at about $28,000. Signaturefd LLC lifted its stake in shares of Tenable by 312.9% in the 4th quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock valued at $29,000 after acquiring an additional 948 shares during the last quarter. Quadrant Capital Group LLC bought a new stake in shares of Tenable in the 4th quarter valued at about $38,000. Finally, Horizon Investments LLC bought a new stake in shares of Tenable in the 3rd quarter valued at about $45,000. Institutional investors own 89.06% of the company’s stock.

Tenable Trading Down 1.3%

Shares of TENB stock opened at $25.17 on Friday. 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 business has a 50-day moving average price of $19.84 and a two-hundred day moving average price of $22.34. Tenable has a 12-month low of $15.73 and a 12-month high of $35.69. The firm has a market cap of $2.78 billion, a P/E ratio of -251.70 and a beta of 0.87.

Tenable (NASDAQ:TENB) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.06. Tenable had a positive return on equity of 7.85% and a negative net margin of 1.15%.The firm had revenue of $262.06 million during the quarter, compared to analyst estimates of $258.83 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The company’s revenue was up 9.6% compared to the same quarter last year. Tenable has set its FY 2026 guidance at 1.900-1.980 EPS and its Q2 2026 guidance at 0.460-0.48 EPS. Equities analysts anticipate that Tenable will post 0.49 EPS for the current fiscal year.

About Tenable

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.