Jefferies Financial Group Cuts Tenable (NASDAQ:TENB) Price Target to $24.00

Tenable (NASDAQ:TENB) had its price target trimmed by Jefferies Financial Group from $29.00 to $24.00 in a research report report published on Monday,Benzinga reports. The firm currently has a hold rating on the stock.

Several other brokerages have also issued reports on TENB. Barclays decreased their price target on shares of Tenable from $33.00 to $28.00 and set an “equal weight” rating for the company in a research note on Monday, January 5th. Canaccord Genuity Group reduced their price objective on Tenable from $45.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. JPMorgan Chase & Co. dropped their target price on shares of Tenable from $44.00 to $40.00 and set an “overweight” rating for the company in a report on Monday, October 27th. Needham & Company LLC reduced their price target on shares of Tenable from $38.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $30.00 price target on shares of Tenable in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Tenable has a consensus rating of “Moderate Buy” and an average price target of $34.41.

Tenable Stock Down 1.6%

Shares of NASDAQ:TENB opened at $19.72 on Monday. The firm has a market cap of $2.35 billion, a P/E ratio of -73.04 and a beta of 0.63. The business’s 50 day simple moving average is $23.93 and its two-hundred day simple moving average is $27.64. 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 has a 52-week low of $19.55 and a 52-week high of $43.68.

Tenable (NASDAQ:TENB) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.06. The business had revenue of $260.53 million during the quarter, compared to the consensus estimate of $251.79 million. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period last year, the business posted $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. As a group, research analysts forecast that Tenable will post 0.12 EPS for the current fiscal year.

Insider Activity at Tenable

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 value of $2,854,300.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TENB. Quarry LP bought a new stake in shares of Tenable during the 3rd quarter valued at $25,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Tenable in the 2nd quarter worth about $37,000. Signaturefd LLC raised its position in Tenable by 312.9% during the fourth quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock valued at $29,000 after purchasing an additional 948 shares during the period. Exchange Traded Concepts LLC purchased a new position in shares of Tenable during the 3rd quarter worth about $45,000. Finally, Horizon Investments LLC purchased a new stake in Tenable in the third quarter worth $45,000. 89.06% of the stock is currently owned by institutional investors.

Key Stories Impacting Tenable

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Q4 results beat expectations — non‑GAAP EPS $0.48 vs. consensus $0.42 and revenue $260.5M (up 11% YoY), signaling stronger demand for Tenable One. Tenable (TENB) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management posted materially better guidance: Q1 non‑GAAP EPS $0.39–$0.42 vs. consensus ~$0.26 and FY non‑GAAP EPS $1.81–$1.90 vs. consensus ~1.20 — a bullish signal for near‑term profitability and margin expansion. Tenable Reports Strong Q4 and Full Year 2025 Financial Results, Increases Share Repurchase Authorization by $150 Million
• Positive Sentiment: Board increased share‑repurchase authorization by $150M (total available ~$338M) and repurchased shares in 2025 — a shareholder‑friendly move that supports EPS and reduces float. Tenable Reports Strong Q4 and Full Year 2025 Financial Results, Increases Share Repurchase Authorization by $150 Million
• Positive Sentiment: Broker/credit upgrades — Zacks moved TENB to a stronger buy stance and S&P Global upgraded the credit rating to BB, both supportive of investor sentiment. Zacks.com Tenable Reports Strong Q4 and Full Year 2025 Financial Results, Increases Share Repurchase Authorization by $150 Million
• Neutral Sentiment: Mixed analyst view remains — some brokerages still rate the stock “hold,” so market reaction may be uneven as investors re‑price expectations. Tenable Holdings, Inc. (NASDAQ:TENB) Given Average Rating of “Hold” by Brokerages
• Negative Sentiment: GAAP results and liquidity show caution: full‑year GAAP net loss persisted and cash + short‑term investments fell to ~$402M from $577M a year earlier — a potential concern if growth or buybacks consume more cash. Tenable Reports Strong Q4 and Full Year 2025 Financial Results, Increases Share Repurchase Authorization by $150 Million
• Negative Sentiment: Insider selling activity and heavy trading volume today may reflect profit‑taking and concern over valuation despite the beat — keep an eye on continued insider activity and volume patterns. Tenable Reports Strong Q4 and Full Year 2025 Financial Results, Increases Share Repurchase Authorization by $150 Million

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.