Should I buy or sell Tenable stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 1 hold rating and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TENB shares. View TENB analyst ratings or view top-rated stocks .

What is Tenable's stock price target for 2024?

14 brokers have issued 12 month price targets for Tenable's stock. Their TENB share price targets range from $41.00 to $65.00. On average, they anticipate the company's share price to reach $56.63 in the next year. This suggests a possible upside of 23.9% from the stock's current price. View analysts price targets for TENB or view top-rated stocks among Wall Street analysts .

How have TENB shares performed in 2024?

Tenable's stock was trading at $46.06 at the beginning of 2024. Since then, TENB shares have decreased by 0.8% and is now trading at $45.71. View the best growth stocks for 2024 here .

When is Tenable's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our TENB earnings forecast .

How were Tenable's earnings last quarter?

Tenable Holdings, Inc. (NASDAQ:TENB) released its quarterly earnings data on Tuesday, February, 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.12) by $0.06. The company earned $213.31 million during the quarter, compared to analysts' expectations of $206.95 million. Tenable had a negative net margin of 9.80% and a negative trailing twelve-month return on equity of 15.19%.

What ETFs hold Tenable's stock?

ETFs with the largest weight of Tenable (NASDAQ:TENB) stock in their portfolio include WisdomTree Cybersecurity Fund (WCBR) , Global X Cybersecurity ETF (BUG) , iShares Cybersecurity and Tech ETF (IHAK) , Xtrackers Cybersecurity Select Equity ETF (PSWD) , First Trust Nasdaq Cybersecurity ETF (CIBR) , SPDR Kensho Future Security ETF (FITE) , Amplify Cybersecurity ETF (HACK) and WisdomTree Cloud Computing Fund (WCLD) .

What guidance has Tenable issued on next quarter's earnings?

Tenable issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of 0.160-0.180 for the period, compared to the consensus earnings per share estimate of 0.160. The company issued revenue guidance of $212.0 million-$214.0 million, compared to the consensus revenue estimate of $214.1 million.

What is Amit Yoran's approval rating as Tenable's CEO?

144 employees have rated Tenable Chief Executive Officer Amit Yoran on Glassdoor.com . Amit Yoran has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Tenable own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenable investors own include NVIDIA (NVDA) , AT&T (T) , Tesla (TSLA) , Boeing (BA) , Salesforce (CRM) , Mastercard (MA) , Pfizer (PFE) , Zscaler (ZS) , International Business Machines (IBM) and Qualys (QLYS) .

When did Tenable IPO?

Tenable (TENB) raised $166 million in an IPO on Thursday, July 26th 2018. The company issued 9,200,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan, Allen & Company, Deutsche Bank Securities and Stifel acted as the underwriters for the IPO and William Blair and BTIG were co-managers.

Who are Tenable's major shareholders?

Tenable's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.04%), CHURCHILL MANAGEMENT Corp (0.02%), FCF Advisors LLC (0.02%) and Fulton Bank N.A. (0.01%). Insiders that own company stock include Amit Yoran , Arthur W Coviello Jr , George Alex Tosheff , Jerry M Kennelly , Kimberly Hammonds , Linda Kay Zecher , Mark C Thurmond , Ping Li , Raymond Jr Vicks , Stephen A Riddick, Stephen A Riddick , Stephen A Vintz and Stephen A Vintz . View institutional ownership trends .

How do I buy shares of Tenable?

Shares of TENB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NASDAQ:TENB

Tenable (TENB) Stock Price, News & Analysis

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$45.71

-0.23 (-0.50%)

(As of 04/16/2024 ET)

Compare

Today's Range: $45.01
▼
$45.95
50-Day Range: $45.55
▼
$51.89
52-Week Range: $33.85
▼
$53.50

Volume: 918,666 shs
Average Volume: 964,580 shs
Market Capitalization: $5.43 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $56.63

Get Tenable alerts:

Tenable MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.93 Rating Score
Upside/Downside: 23.9% Upside
$56.63 Price Target
Short Interest: Healthy
4.16% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.59
Upright™ Environmental Score
News Sentiment: 1.01
Based on 7 Articles This Week
Insider Trading: Selling Shares
$16.65 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.12) to ($0.05) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.34 out of 5 stars

Computer And Technology Sector

105th out of 590 stocks

Prepackaged Software Industry

30th out of 199 stocks

3.5

Analyst's Opinion

Consensus Rating
Tenable has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Tenable has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
4.16% of the outstanding shares of Tenable have been sold short.
Short Interest Ratio / Days to Cover
Tenable has a short interest ratio ("days to cover") of 5.
Change versus previous month
Short interest in Tenable has recently decreased by 5.18%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Tenable does not currently pay a dividend.
Dividend Growth
Tenable does not have a long track record of dividend growth.

3.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Tenable has received a 53.21% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Cybersecurity management systems", "Cybersecurity assesment software", and "Cybersecurity consulting services" products. See details.
Environmental Sustainability
The Environmental Impact score for Tenable is -0.59.

2.8

News and Social Media Coverage

News Sentiment
Tenable has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Tenable this week, compared to 5 articles on an average week.
Search Interest
Only 7 people have searched for TENB on MarketBeat in the last 30 days. This is a decrease of -68% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Tenable to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tenable insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,650,143.00 in company stock.
Percentage Held by Insiders
Only 4.50% of the stock of Tenable is held by insiders.
Percentage Held by Institutions
89.06% of the stock of Tenable is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Tenable are expected to grow in the coming year, from ($0.12) to ($0.05) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tenable is -67.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tenable is -67.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Tenable has a P/B Ratio of 15.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Tenable Stock (NASDAQ:TENB)

Tenable Holdings, Inc. provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization's IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities. The company also offers Nessus, a vulnerability assessment solution for cybersecurity industry and enterprise platform; and Nessus Expert, that enables users to programmatically detect cloud infrastructure misconfigurations and vulnerabilities in the design and build phase. Tenable Holdings, Inc. was founded in 2002 and is headquartered in Columbia, Maryland.

TENB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TENB Stock News Headlines

April 2, 2024 | insidertrades.com

Tenable Holdings, Inc. (NASDAQ:TENB) CFO Sells $768,427.80 in Stock

March 24, 2024 | insidertrades.com

Stephen A. Vintz Sells 11,586 Shares of Tenable Holdings, Inc. (NASDAQ:TENB) Stock

April 16, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 23, 2024 | insidertrades.com

Insider Selling: Tenable Holdings, Inc. (NASDAQ:TENB) COO Sells 10,824 Shares of Stock

March 23, 2024 | insidertrades.com

Tenable Holdings, Inc. (NASDAQ:TENB) CEO Amit Yoran Sells 10,000 Shares

April 13, 2024 | finance.yahoo.com

Is There An Opportunity With Tenable Holdings, Inc.'s (NASDAQ:TENB) 43% Undervaluation?

April 11, 2024 | americanbankingnews.com

Tenable (NASDAQ:TENB) Earns Outperform Rating from Wedbush

April 10, 2024 | investorplace.com

Wall Street Favorites: 3 Cybersecurity Stocks With Strong Buy Ratings for April 2024

April 16, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 8, 2024 | globenewswire.com

Tenable Recognized as a Cyber AI Leader on the First-Ever CRN AI 100 List

April 8, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Tenable Holdings Amid Strong Growth Potential in Vulnerability Management

April 7, 2024 | msn.com

Tech earnings season awaits. AI monetization has likely hit its 'next gear.'

April 7, 2024 | cnn.com

Tenable Holdings, Inc.

April 6, 2024 | msn.com

3 'Strong Buy' Cybersecurity Stocks to Scoop Up Now

April 4, 2024 | msn.com

Tech bull run not over yet as AI revolution set for next stage

April 1, 2024 | investorplace.com

The 3 Most Undervalued Cybersecurity Stocks to Buy in April 2024

March 26, 2024 | investorplace.com

3 Sorry Cybersecurity Stocks to Sell in March While You Still Can

March 25, 2024 | globenewswire.com

Tenable Earns Premier 5-Star Rating in 2024 CRN Partner Program Guide

March 23, 2024 | finance.yahoo.com

Insider Sell: COO Mark Thurmond Sells 10,824 Shares of Tenable Holdings Inc (TENB)

March 23, 2024 | finance.yahoo.com

Insider Sell: CFO Stephen Vintz Sells 89,995 Shares of Tenable Holdings Inc (TENB)

March 20, 2024 | fool.com

Could Tenable Stock Help You Become a Millionaire?

March 19, 2024 | globenewswire.com

Tenable Delivers Zero Trust Cloud Functionality for Kubernetes

March 18, 2024 | finance.yahoo.com

TENB Apr 2024 50.000 call

March 14, 2024 | insidermonkey.com

5 Most Undervalued Cybersecurity Stocks To Buy According To Analysts

March 13, 2024 | globenewswire.com

Tenable Expands Generative AI Capabilities for Faster Attack Path Analysis and Mitigation Guidance

March 12, 2024 | globenewswire.com

Tenable Honors Channel Partner Excellence with Global Partner Awards

March 1, 2024 | finance.yahoo.com

Should You Sell Tenable Holdings (TENB)?

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Company Calendar

Last Earnings: 2/06/2024
Today: 4/16/2024
Next Earnings (Estimated): 4/22/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:TENB
CUSIP: N/A
CIK: 1660280
Web: www.tenable.com
Phone: (410) 872-0555
Fax: N/A
Employees: 1,999
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $56.63
High Stock Price Target: $65.00
Low Stock Price Target: $41.00
Potential Upside/Downside: +23.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.93
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.68)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-78,280,000.00
Net Margins: -9.80%
Pretax Margin: -8.44%
Return on Equity: -15.19%
Return on Assets: -3.27%

Debt

Debt-to-Equity Ratio: 1.04
Current Ratio: 1.19
Quick Ratio: 1.19

Sales & Book Value

Annual Sales: $798.71 million
Price / Sales: 6.80
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.96 per share
Price / Book: 15.44

Miscellaneous

Outstanding Shares: 118,740,000
Free Float: 113,400,000
Market Cap: $5.43 billion
Optionable: Optionable
Beta: 0.94

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Key Executives

Dr. Amit Yoran Ph.D. (Age 53)
Chairman, President & CEO
Comp: $984.8k
Mr. John C. Huffard Jr. (Age 55)
Co-Founder & Director
Comp: $35k
Mr. Stephen A. Vintz CPA (Age 55)
Chief Financial Officer
Comp: $796.26k
Mr. Mark Thurmond (Age 54)
Chief Operating Officer
Comp: $792.89k
Ms. Andrea DiMarco
Head of Investor Relations
Ms. Michelle VonderHaar
Chief Legal Officer & Corporate Secretary
Ms. Michela Stribling
Chief Communications Officer
Mr. C. Matthew Olton (Age 58)
Senior Vice President of Corporate Development & Strategy
Mr. Thomas David Feringa (Age 62)
Senior Vice President of Worldwide Sales
Ms. Meg O'Leary
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TENB Stock Analysis - Frequently Asked Questions

Should I buy or sell Tenable stock right now?: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 1 hold rating and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TENB shares.
View TENB analyst ratings or view top-rated stocks.
What is Tenable's stock price target for 2024?: 14 brokers have issued 12 month price targets for Tenable's stock. Their TENB share price targets range from $41.00 to $65.00. On average, they anticipate the company's share price to reach $56.63 in the next year. This suggests a possible upside of 23.9% from the stock's current price.
View analysts price targets for TENB or view top-rated stocks among Wall Street analysts.
How have TENB shares performed in 2024?: Tenable's stock was trading at $46.06 at the beginning of 2024. Since then, TENB shares have decreased by 0.8% and is now trading at $45.71.
View the best growth stocks for 2024 here.
When is Tenable's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our TENB earnings forecast.
How were Tenable's earnings last quarter?: Tenable Holdings, Inc. (NASDAQ:TENB) released its quarterly earnings data on Tuesday, February, 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.12) by $0.06. The company earned $213.31 million during the quarter, compared to analysts' expectations of $206.95 million. Tenable had a negative net margin of 9.80% and a negative trailing twelve-month return on equity of 15.19%.
What ETFs hold Tenable's stock?: ETFs with the largest weight of Tenable (NASDAQ:TENB) stock in their portfolio include WisdomTree Cybersecurity Fund (WCBR), Global X Cybersecurity ETF (BUG), iShares Cybersecurity and Tech ETF (IHAK), Xtrackers Cybersecurity Select Equity ETF (PSWD), First Trust Nasdaq Cybersecurity ETF (CIBR), SPDR Kensho Future Security ETF (FITE), Amplify Cybersecurity ETF (HACK) and WisdomTree Cloud Computing Fund (WCLD).

What guidance has Tenable issued on next quarter's earnings?: Tenable issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of 0.160-0.180 for the period, compared to the consensus earnings per share estimate of 0.160. The company issued revenue guidance of $212.0 million-$214.0 million, compared to the consensus revenue estimate of $214.1 million.
What is Amit Yoran's approval rating as Tenable's CEO?: 144 employees have rated Tenable Chief Executive Officer Amit Yoran on Glassdoor.com. Amit Yoran has an approval rating of 82% among the company's employees.
What other stocks do shareholders of Tenable own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tenable investors own include NVIDIA (NVDA), AT&T (T), Tesla (TSLA), Boeing (BA), Salesforce (CRM), Mastercard (MA), Pfizer (PFE), Zscaler (ZS), International Business Machines (IBM) and Qualys (QLYS).
When did Tenable IPO?: Tenable (TENB) raised $166 million in an IPO on Thursday, July 26th 2018. The company issued 9,200,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan, Allen & Company, Deutsche Bank Securities and Stifel acted as the underwriters for the IPO and William Blair and BTIG were co-managers.
Who are Tenable's major shareholders?: Tenable's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.04%), CHURCHILL MANAGEMENT Corp (0.02%), FCF Advisors LLC (0.02%) and Fulton Bank N.A. (0.01%). Insiders that own company stock include Amit Yoran, Arthur W Coviello Jr, George Alex Tosheff, Jerry M Kennelly, Kimberly Hammonds, Linda Kay Zecher, Mark C Thurmond, Ping Li, Raymond Jr Vicks, Stephen A Riddick, Stephen A Riddick, Stephen A Vintz and Stephen A Vintz.
View institutional ownership trends.
How do I buy shares of Tenable?: Shares of TENB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TENB) was last updated on 4/16/2024 by MarketBeat.com Staff

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