Tenable Holdings, Inc. (NASDAQ:TENB) Receives $31.94 Consensus Target Price from Brokerages

Shares of Tenable Holdings, Inc. (NASDAQ:TENB) have received a consensus recommendation of “Moderate Buy” from the twenty-one research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $30.50.

A number of research firms recently issued reports on TENB. JPMorgan Chase & Co. reduced their price objective on Tenable from $40.00 to $35.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Canaccord Genuity Group set a $33.00 price target on shares of Tenable in a report on Thursday, February 5th. Stifel Nicolaus set a $24.00 price objective on shares of Tenable in a report on Thursday, February 5th. Barclays cut their price objective on shares of Tenable from $33.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Monday, January 5th. Finally, Wall Street Zen upgraded shares of Tenable from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 25th.

Insider Buying and Selling

In other Tenable news, Director Arthur W. Coviello, Jr. purchased 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, with a total value of $258,000.00. Following the completion of the purchase, the director owned 51,731 shares in the company, valued at $1,112,216.50. This trade represents a 30.20% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director A Brooke Seawell sold 115,000 shares of the firm’s 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 SEC filing for this sale provides additional information. Corporate insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Tenable

Institutional investors have recently bought and sold shares of the stock. Pacer Advisors Inc. increased its stake in Tenable by 0.6% during the 4th quarter. Pacer Advisors Inc. now owns 379,077 shares of the company’s stock valued at $8,920,000 after buying an additional 2,096 shares during the period. Invesco Ltd. increased its stake in shares of Tenable by 12.2% during the fourth quarter. Invesco Ltd. now owns 134,307 shares of the company’s stock valued at $3,160,000 after acquiring an additional 14,564 shares during the period. Corient Private Wealth LLC bought a new stake in Tenable during the fourth quarter worth approximately $1,683,000. Mercer Global Advisors Inc. ADV acquired a new stake in Tenable in the fourth quarter worth approximately $209,000. Finally, Vident Advisory LLC lifted its position in Tenable by 29.3% in the fourth quarter. Vident Advisory LLC now owns 227,424 shares of the company’s stock worth $5,351,000 after purchasing an additional 51,541 shares during the period. Institutional investors and hedge funds own 89.06% of the company’s stock.

Tenable Stock Up 1.6%

Shares of NASDAQ:TENB opened at $19.96 on Friday. Tenable has a 1-year low of $17.27 and a 1-year high of $38.83. The company’s fifty day moving average is $21.99 and its two-hundred day moving average is $26.22. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of -66.53 and a beta of 0.67.

Tenable (NASDAQ:TENB) last announced 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. Tenable had a negative net margin of 3.61% and a positive return on equity of 0.20%. The business had revenue of $260.53 million during the quarter, compared to the consensus estimate of $251.79 million. During the same quarter in the prior year, the firm 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. Equities analysts anticipate that Tenable will post 0.12 EPS for the current year.

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.