Analysts Set Tenable Holdings, Inc. (NASDAQ:TENB) PT at $29.16

Tenable Holdings, Inc. (NASDAQ:TENB) has been assigned an average recommendation of “Hold” from the twenty analysts that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $29.1579.

A number of analysts recently commented on TENB shares. Susquehanna decreased their target price on Tenable from $40.00 to $26.00 and set a “positive” rating for the company in a research report on Friday, May 1st. Jefferies Financial Group boosted their target price on Tenable from $22.00 to $27.00 and gave the company a “hold” rating in a research report on Friday, May 22nd. Barclays boosted their target price on Tenable from $21.00 to $27.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. 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 report on Thursday, April 30th. Finally, William Blair lowered Tenable from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 28th.

Tenable Stock Performance

NASDAQ:TENB opened at $26.80 on Tuesday. The company has a fifty day moving average of $22.49 and a 200-day moving average of $22.40. The firm has a market capitalization of $2.96 billion, a P/E ratio of -268.00 and a beta of 0.99. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.42. Tenable has a twelve month low of $15.73 and a twelve month high of $35.69.

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

Institutional Trading of Tenable

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