Tenable Holdings, Inc. (NASDAQ:TENB) Receives $30.50 Average Price Target from Analysts

Shares of Tenable Holdings, Inc. (NASDAQ:TENB) have earned an average rating of “Hold” from the twenty-one research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $30.50.

A number of equities research analysts recently issued reports on TENB shares. Needham & Company LLC reissued a “buy” rating and issued a $28.00 price objective on shares of Tenable in a research note on Thursday, February 5th. DA Davidson lowered their price target on Tenable from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Stifel Nicolaus set a $24.00 price objective on shares of Tenable in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Tenable in a report on Thursday, January 22nd. Finally, Morgan Stanley set a $30.00 target price on shares of Tenable in a research note on Thursday, December 18th.

Tenable Stock Performance

Shares of Tenable stock opened at $16.54 on Thursday. Tenable has a 12 month low of $15.85 and a 12 month high of $35.93. The stock has a market cap of $1.90 billion, a PE ratio of -55.13 and a beta of 0.67. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.09. The business has a fifty day simple moving average of $20.76 and a 200-day simple moving average of $24.91.

Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.06. The business had revenue of $260.53 million for the quarter, compared to the consensus estimate of $251.79 million. Tenable had a negative net margin of 3.61% and a positive return on equity of 0.20%. Tenable’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.41 earnings per share. Tenable has set its FY 2026 guidance at 1.810-1.900 EPS and its Q1 2026 guidance at 0.390-0.420 EPS. On average, sell-side analysts anticipate that Tenable will post 0.12 EPS for the current fiscal year.

Insider Buying and Selling

In other Tenable news, Director Arthur W. Coviello, Jr. acquired 12,000 shares of Tenable stock in a transaction dated Monday, February 9th. The stock was bought at an average cost of $21.50 per share, with a total value of $258,000.00. Following the completion of the transaction, the director owned 51,731 shares of the company’s stock, valued at $1,112,216.50. The trade was a 30.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Quarry LP bought a new stake in shares of Tenable during the third quarter valued at approximately $25,000. Elevation Point Wealth Partners LLC bought a new position in Tenable in the second quarter worth $37,000. Kemnay Advisory Services Inc. bought a new position in Tenable in the fourth quarter worth $28,000. Signaturefd LLC boosted its stake in Tenable by 312.9% during the fourth quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock worth $29,000 after buying an additional 948 shares in the last quarter. Finally, Exchange Traded Concepts LLC acquired a new stake in Tenable during the third quarter worth $45,000. Institutional investors and hedge funds own 89.06% of the company’s stock.

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.