Tenable’s (TENB) “Buy” Rating Reiterated at Needham & Company LLC

Tenable (NASDAQ:TENB)‘s stock had its “buy” rating reaffirmed by equities researchers at Needham & Company LLC in a report released on Thursday,Benzinga reports. They presently have a $28.00 price objective on the stock. Needham & Company LLC’s price objective would indicate a potential upside of 41.99% from the stock’s previous close.

Several other brokerages have also commented on TENB. Scotiabank lowered their price objective on shares of Tenable from $37.00 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, October 30th. Zacks Research upgraded Tenable from a “hold” rating to a “strong-buy” rating in a research note on Monday. Piper Sandler dropped their price target on Tenable from $40.00 to $35.00 and set an “overweight” rating on the stock in a research report on Monday, January 5th. DA Davidson reduced their price target on Tenable from $32.00 to $25.00 and set a “neutral” rating on the stock in a research note on Friday, January 30th. Finally, Canaccord Genuity Group set a $33.00 price objective on Tenable in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Tenable presently has an average rating of “Moderate Buy” and a consensus target price of $33.41.

Tenable Stock Performance

Shares of TENB stock opened at $19.72 on Thursday. The company has a market capitalization of $2.35 billion, a P/E ratio of -73.04 and a beta of 0.63. Tenable has a fifty-two week low of $19.55 and a fifty-two week high of $43.68. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a 50 day moving average price of $23.93 and a two-hundred day moving average price of $27.64.

Insider Activity

In other news, Director A Brooke Seawell sold 115,000 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $24.82, for a total transaction of $2,854,300.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Tenable

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TENB. Summit Global Investments raised its stake in shares of Tenable by 5.1% in the third quarter. Summit Global Investments now owns 12,930 shares of the company’s stock worth $377,000 after purchasing an additional 632 shares during the last quarter. IVC Wealth Advisors LLC boosted its position in shares of Tenable by 10.7% during the third quarter. IVC Wealth Advisors LLC now owns 7,344 shares of the company’s stock valued at $214,000 after buying an additional 711 shares during the last quarter. CI Investments Inc. increased its holdings in Tenable by 40.2% in the 3rd quarter. CI Investments Inc. now owns 2,487 shares of the company’s stock worth $73,000 after buying an additional 713 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Tenable by 9.4% in the 3rd quarter. Principal Financial Group Inc. now owns 9,300 shares of the company’s stock worth $271,000 after buying an additional 799 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co raised its position in Tenable by 5.2% in the 2nd quarter. Elo Mutual Pension Insurance Co now owns 16,535 shares of the company’s stock worth $559,000 after buying an additional 814 shares during the last quarter. 89.06% of the stock is owned by institutional investors.

Trending Headlines about Tenable

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Q4 results beat consensus — revenue $260.5M (+11% YoY) and non-GAAP EPS $0.48 vs. $0.42 expected, showing improving profitability and recurring subscription strength. Tenable Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Tenable raised near‑term and FY guidance — Q1 non‑GAAP EPS guide $0.39–0.42 and FY non‑GAAP EPS $1.81–1.90, well above street models, which drove the re‑rating. Tenable Holdings Inc (TENB) Q4 2025 Earnings Call Highlights
• Positive Sentiment: Board expanded share repurchase authorization by $150M (total remaining ~$338M) and management repurchased shares in Q4 — a direct capital-return boost that supports EPS and buyback-driven upside. Tenable Reports Strong Q4 and Full Year 2025 Financial Results
• Positive Sentiment: Management emphasized AI security demand and platform consolidation (Tenable One) as drivers of momentum and deeper customer engagement — thematic support for longer-term subscription growth. TENB Q4 Deep Dive: AI Security Demand, Platform Consolidation Drive Momentum
• Neutral Sentiment: Industry recognition and credit improvement — Gartner placements and S&P upgrade to BB provide credibility but are already reflected in sentiment. Earnings Call Highlights / Press Release
• Neutral Sentiment: Analyst activity: Zacks upgraded TENB to “strong-buy” while consensus remains mixed — useful momentum but watch divergence in price targets. Zacks Research Upgrade
• Negative Sentiment: GAAP losses persist and cash declined year‑over‑year — full‑year GAAP net loss ~$36.1M and cash + short-term investments down materially vs. year‑ago, which could constrain flexibility despite buybacks. Press Release / Financials
• Negative Sentiment: Disclosure change: Tenable is moving away from providing a specific calculated‑current‑billings target because of billing-duration distortions — reduces a metric some investors use to track cash/bookings momentum. Earnings Call Highlights / Guidance Note
• Negative Sentiment: Insider selling and balance-sheet leverage were noted in coverage summaries — investors should watch insider activity and leverage metrics as buybacks proceed. QuiverQuant Summary

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.