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

Tenable (NASDAQ:TENB) had its price target lowered by analysts at JPMorgan Chase & Co. from $40.00 to $35.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 77.13% from the stock’s previous close.

Several other equities analysts also recently weighed in on the stock. DA Davidson reduced their target price on shares of Tenable from $32.00 to $25.00 and set a “neutral” rating for the company in a research note on Friday, January 30th. Barclays dropped their price objective on Tenable from $33.00 to $28.00 and set an “equal weight” rating on the stock in a report on Monday, January 5th. Wall Street Zen raised shares of Tenable from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 25th. Morgan Stanley set a $30.00 target price on Tenable in a research note on Thursday, December 18th. Finally, Stifel Nicolaus set a $24.00 price objective on shares of Tenable in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Tenable has a consensus rating of “Moderate Buy” and a consensus target price of $31.94.

Tenable Stock Up 0.2%

NASDAQ TENB traded up $0.04 on Thursday, reaching $19.76. The company had a trading volume of 11,369,610 shares, compared to its average volume of 2,313,372. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.03. The company’s fifty day moving average is $23.93 and its 200 day moving average is $27.64. Tenable has a 52-week low of $19.15 and a 52-week high of $43.68. The stock has a market capitalization of $2.36 billion, a P/E ratio of -73.19 and a beta of 0.63.

Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.06. The company had revenue of $260.53 million for the quarter, compared to the consensus estimate of $251.79 million. Tenable’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS. Tenable has set its FY 2026 guidance at 1.810-1.900 EPS and its Q1 2026 guidance at 0.390-0.420 EPS. Sell-side analysts anticipate that Tenable will post 0.12 earnings per share for the current fiscal year.

Insider Buying and Selling at Tenable

In related news, Director A Brooke Seawell sold 115,000 shares of Tenable stock in a transaction 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 filing with the SEC, which is available through this hyperlink. Company insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Tenable

Several hedge funds and other institutional investors have recently modified their holdings of the company. Voya Investment Management LLC lifted its position in Tenable by 39.8% during the 3rd quarter. Voya Investment Management LLC now owns 1,111,531 shares of the company’s stock valued at $32,412,000 after acquiring an additional 316,390 shares during the period. Stephens Investment Management Group LLC increased its holdings in shares of Tenable by 12.2% during the third quarter. Stephens Investment Management Group LLC now owns 1,101,773 shares of the company’s stock valued at $32,128,000 after acquiring an additional 120,145 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in Tenable by 9.7% during the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 129,931 shares of the company’s stock valued at $4,389,000 after purchasing an additional 11,469 shares during the last quarter. Campbell & CO Investment Adviser LLC lifted its position in Tenable by 285.3% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 46,364 shares of the company’s stock valued at $1,566,000 after acquiring an additional 34,331 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in shares of Tenable by 16,873.5% during the third quarter. Pacer Advisors Inc. now owns 376,981 shares of the company’s stock valued at $10,993,000 after purchasing an additional 374,760 shares in the last quarter. 89.06% of the stock is owned by institutional investors.

More Tenable News

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Q4 beat and bullish guidance — Tenable reported Q4 revenue of $260.5M (+11% YoY) and non‑GAAP EPS $0.48, topping estimates; management issued FY‑2026 EPS guidance of $1.81–$1.90 (well above prior consensus) and Q1 EPS guidance of $0.39–$0.42, supporting stronger near‑term earnings visibility. Tenable Q4 Release & Call
• Positive Sentiment: Large buyback increase — company expanded repurchase authorization by $150M (total remaining authorization $338M) and repurchased shares in Q4, a capital return action that supports EPS and signals management confidence. Quiver: Repurchase Increase
• Positive Sentiment: Product/market momentum — company highlights AI‑powered Tenable One driving record enterprise platform wins and platform consolidation demand, supporting durable recurring revenue and customer expansion. Yahoo Finance: Q4 Deep Dive
• Positive Sentiment: Analyst upgrades/positive takes — Zacks moved TENB to “strong‑buy” and several bullish writeups (including a Seeking Alpha piece framing TENB as a deep‑value/security leader at ~12x FY26 P/E) add investor interest. Zacks Upgrade Seeking Alpha: Deep Value
• Neutral Sentiment: Market reaction coverage — multiple outlets report the stock “jumped” after results; that media attention can amplify intraday flow but doesn’t change fundamentals. MSN: Tenable Jumps
• Negative Sentiment: Analyst price‑target trims — TD Cowen cut its PT from $45 to $38 (still a buy) and Wedbush cut $42→$32 (outperform); such cuts can limit near‑term upside despite maintained positive ratings. Benzinga: TD Cowen PT Cut The Fly: Wedbush PT Cut
• Negative Sentiment: Cash decline, GAAP loss and insider selling — cash & short‑term investments fell to $402.2M (from $577.2M a year ago) partly due to acquisitions and buybacks; GAAP net loss persists, and recent disclosed insider sales (multiple executives) may worry some investors about share supply/liquidity. Quiver: Cash/Insider Notes

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.