Tenable (NASDAQ:TENB) Hits New 52-Week Low – Here’s Why

Tenable Holdings, Inc. (NASDAQ:TENB) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $19.58 and last traded at $20.05, with a volume of 2594250 shares changing hands. The stock had previously closed at $22.02.

Key Stories Impacting Tenable

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Q4 results beat and upbeat guidance — Tenable reported Q4 revenue and EPS above estimates and issued FY26 and Q1 guidance well ahead of street expectations, which underpins the rally and signals better near-term profitability. Tenable Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: AI/security platform momentum — Management cited AI-driven demand and Tenable One platform wins (record new enterprise platform customers), supporting the view of recurring revenue strength and platform consolidation upside. TENB Q4 Deep Dive: AI Security Demand, Platform Consolidation Drive Momentum
• Positive Sentiment: Analyst support remains — Several firms reaffirm or maintain constructive ratings (Needham reaffirmed buy with $28 PT; JPMorgan, TD Cowen and Wedbush still have overweight/buy/outperform ratings despite trimming targets), providing a supportive analyst backdrop. Benzinga analyst notes
• Neutral Sentiment: Price-target cuts but still upside — Multiple shops trimmed targets (Wedbush $42→$32; TD Cowen $45→$38; JPMorgan $40→$35) but these levels still imply substantial upside from current prices, indicating lowered enthusiasm on valuation while preserving positive thesis for growth. Benzinga — PT changes TickerReport on TD Cowen
• Negative Sentiment: DA Davidson lowers to neutral — DA Davidson cut its target and moved to a “neutral” rating, which is a downgrade in sentiment and could cap near-term upside if other shops follow. Benzinga — DA Davidson note
• Neutral Sentiment: Value/longer-term bull case highlighted — Independent write-ups argue the stock looks attractively valued on FY26 multiples given recurring revenue and margin improvement, which may attract fundamental investors even if some analysts trim targets. Seeking Alpha — Deep value thesis

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Morgan Stanley set a $30.00 target price on Tenable in a research report on Thursday, December 18th. Canaccord Genuity Group set a $33.00 price target on shares of Tenable in a research note on Thursday. DA Davidson dropped their target price on Tenable from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday. TD Cowen dropped their price objective on Tenable from $45.00 to $38.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Truist Financial set a $27.00 target price on shares of Tenable in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.94.

Tenable Stock Up 7.4%

The firm has a market cap of $2.53 billion, a price-to-earnings ratio of -70.76 and a beta of 0.63. The firm has a fifty day simple moving average of $23.80 and a 200-day simple moving average of $27.59. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.94 and a current ratio of 0.94.

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

Insiders Place Their Bets

In other Tenable news, Director A Brooke Seawell sold 115,000 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $24.82, for a total value of $2,854,300.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Leonteq Securities AG bought a new position in Tenable in the fourth quarter valued at about $184,000. GSA Capital Partners LLP boosted its stake in shares of Tenable by 127.3% in the 4th quarter. GSA Capital Partners LLP now owns 71,916 shares of the company’s stock valued at $1,692,000 after purchasing an additional 40,275 shares in the last quarter. ProShare Advisors LLC grew its holdings in shares of Tenable by 4.7% during the 4th quarter. ProShare Advisors LLC now owns 22,208 shares of the company’s stock valued at $523,000 after purchasing an additional 997 shares during the last quarter. Versor Investments LP acquired a new position in Tenable during the 4th quarter worth approximately $582,000. Finally, Swiss Life Asset Management Ltd bought a new position in shares of Tenable in the 4th quarter valued at $284,000. 89.06% of the stock is owned by institutional investors.

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.