JPMorgan Chase & Co. Cuts Tenable (NASDAQ:TENB) Price Target to $35.00

Tenable (NASDAQ:TENB) had its price target decreased by JPMorgan Chase & Co. from $40.00 to $35.00 in a research note issued to investors on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Other research analysts also recently issued reports about the company. Wedbush lowered their target price on Tenable from $42.00 to $32.00 and set an “outperform” rating for the company in a research report on Thursday. UBS Group decreased their price target on shares of Tenable from $43.00 to $37.00 and set a “buy” rating on the stock in a research note on Thursday. Stifel Nicolaus set a $24.00 price objective on shares of Tenable in a research note on Thursday. DA Davidson reduced their target price on shares of Tenable from $32.00 to $25.00 and set a “neutral” rating on the stock in a report on Friday, January 30th. Finally, Needham & Company LLC restated a “buy” rating and set a $28.00 target price on shares of Tenable in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Tenable presently has a consensus rating of “Moderate Buy” and an average price target of $31.94.

Tenable Stock Up 7.4%

TENB opened at $21.23 on Thursday. The company has a market capitalization of $2.53 billion, a PE ratio of -70.76 and a beta of 0.63. The firm has a 50-day simple moving average of $23.69 and a two-hundred day simple moving average of $27.46. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.03. Tenable has a 52 week low of $19.15 and a 52 week high of $41.00.

Tenable (NASDAQ:TENB) last issued its earnings results on Wednesday, February 4th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.06. Tenable had a positive return on equity of 0.20% and a negative net margin of 3.61%.The firm had revenue of $260.53 million for the quarter, compared to analysts’ expectations of $251.79 million. During the same period in the previous year, the firm posted $0.41 earnings per share. The business’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. Analysts forecast that Tenable will post 0.12 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director A Brooke Seawell sold 115,000 shares of the 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 the SEC website. Insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Quarry LP purchased a new stake in shares of Tenable in the third quarter worth approximately $25,000. Signaturefd LLC grew its position in 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. Elevation Point Wealth Partners LLC purchased a new stake in Tenable in the second quarter worth $37,000. Exchange Traded Concepts LLC purchased a new stake in Tenable in the third quarter worth $45,000. Finally, Horizon Investments LLC bought a new stake in shares of Tenable during the third quarter worth $45,000. Hedge funds and other institutional investors own 89.06% of the company’s stock.

Key Tenable News

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

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.