Tenable Holdings, Inc. (NASDAQ:TENB) Receives Average Rating of “Moderate Buy” from Analysts

Tenable Holdings, Inc. (NASDAQ:TENBGet Free Report) has been assigned an average rating of “Moderate Buy” from the twenty-one ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $31.9444.

Several brokerages have weighed in on TENB. Zacks Research raised Tenable from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. Piper Sandler decreased 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. UBS Group dropped their price target on Tenable from $43.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Morgan Stanley set a $30.00 price objective on shares of Tenable in a research note on Thursday, December 18th. Finally, Wedbush dropped their target price on shares of Tenable from $42.00 to $32.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th.

Read Our Latest Analysis on TENB

Tenable Stock Performance

NASDAQ TENB opened at $19.23 on Friday. The firm has a 50-day moving average price of $22.18 and a two-hundred day moving average price of $26.39. Tenable has a 12-month low of $17.27 and a 12-month high of $38.83. The company has a market capitalization of $2.29 billion, a P/E ratio of -64.10 and a beta of 0.63. 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 (NASDAQ:TENBGet Free Report) 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 company had revenue of $260.53 million for the quarter, compared to analysts’ expectations of $251.79 million. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period last year, the firm earned $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. Analysts anticipate that Tenable will post 0.12 earnings per share for the current year.

Insider Activity at Tenable

In other Tenable news, Director A Brooke Seawell sold 115,000 shares of the company’s stock in a transaction on Monday, December 15th. The stock was 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 Securities & Exchange Commission, which is available through this hyperlink. Also, Director Arthur W. Coviello, Jr. bought 12,000 shares of Tenable stock in a transaction on Monday, February 9th. The stock was acquired at an average cost of $21.50 per share, for a total transaction of $258,000.00. Following the acquisition, the director owned 51,731 shares in the company, valued at approximately $1,112,216.50. This represents a 30.20% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Summit Global Investments lifted its holdings 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 acquiring an additional 632 shares during the last quarter. IVC Wealth Advisors LLC increased its position in Tenable by 10.7% during the 3rd quarter. IVC Wealth Advisors LLC now owns 7,344 shares of the company’s stock worth $214,000 after purchasing an additional 711 shares in the last quarter. CI Investments Inc. increased its position in Tenable by 40.2% during the 3rd quarter. CI Investments Inc. now owns 2,487 shares of the company’s stock worth $73,000 after purchasing an additional 713 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Tenable by 9.4% in the 3rd quarter. Principal Financial Group Inc. now owns 9,300 shares of the company’s stock valued at $271,000 after purchasing an additional 799 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co boosted its position in Tenable by 5.2% in the second quarter. Elo Mutual Pension Insurance Co now owns 16,535 shares of the company’s stock valued at $559,000 after buying an additional 814 shares in the last quarter. Institutional investors own 89.06% of the company’s stock.

Tenable Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Tenable (NASDAQ:TENB)

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