Tenable Holdings, Inc. (NASDAQ:TENB) Receives $34.41 Consensus PT from Analysts

Shares of Tenable Holdings, Inc. (NASDAQ:TENB) have received a consensus rating of “Moderate Buy” from the twenty-one analysts that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $31.9444.

A number of research firms recently issued reports on TENB. Wall Street Zen upgraded Tenable from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 25th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Tenable in a research note on Thursday, January 22nd. TD Cowen lowered their price objective on shares of Tenable from $45.00 to $38.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. UBS Group reduced their target price on shares of Tenable from $43.00 to $37.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Finally, Zacks Research raised shares of Tenable from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 2nd.

Tenable Stock Up 4.7%

Shares of TENB stock opened at $22.90 on Wednesday. Tenable has a 12-month low of $19.15 and a 12-month high of $40.67. 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 firm has a fifty day moving average of $23.53 and a 200-day moving average of $27.27. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of -76.33 and a beta of 0.63.

Tenable (NASDAQ:TENB) last announced its earnings results on Wednesday, February 4th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $260.53 million during the quarter, compared to analyst estimates of $251.79 million. During the same period in the prior year, the business earned $0.41 EPS. The company’s revenue for the quarter 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. As a group, equities research analysts predict that Tenable will post 0.12 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Arthur W. Coviello, Jr. acquired 12,000 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was bought at an average price of $21.50 per share, for a total transaction of $258,000.00. Following the acquisition, the director directly owned 51,731 shares of the company’s stock, valued at approximately $1,112,216.50. The trade was a 30.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director A Brooke Seawell sold 115,000 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $24.82, for a total value of $2,854,300.00. Additional details regarding this sale are available in the official SEC disclosure. 1.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Tenable

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Quarry LP acquired a new stake in Tenable in the third quarter valued at $25,000. Signaturefd LLC raised its holdings in shares of 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 purchasing an additional 948 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in shares of Tenable in the 2nd quarter valued at about $37,000. Exchange Traded Concepts LLC acquired a new stake in Tenable in the 3rd quarter valued at about $45,000. Finally, Horizon Investments LLC bought a new position in Tenable during the third quarter worth about $45,000. 89.06% of the stock is owned by institutional investors.

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.