JPMorgan Chase & Co. Has Lowered Expectations for Tenable (NASDAQ:TENB) Stock Price

Tenable (NASDAQ:TENB) had its price target reduced by JPMorgan Chase & Co. from $40.00 to $35.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 64.86% from the company’s current price.

Several other equities research analysts also recently weighed in on TENB. UBS Group cut their target price on shares of Tenable from $43.00 to $37.00 and set a “buy” rating on the stock in a research note on Thursday. Stifel Nicolaus set a $24.00 price objective on Tenable in a research report on Thursday. Truist Financial set a $27.00 target price on Tenable in a report on Tuesday, January 20th. Jefferies Financial Group cut their price target on Tenable from $29.00 to $24.00 and set a “hold” rating on the stock in a report on Monday, February 2nd. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Tenable in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $31.94.

Tenable Price Performance

TENB opened at $21.23 on Thursday. The stock’s 50-day moving average price is $23.69 and its 200 day moving average price is $27.51. Tenable has a 12-month low of $19.15 and a 12-month high of $41.00. The firm has a market cap of $2.53 billion, a price-to-earnings ratio of -70.76 and a beta of 0.63. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.03.

Tenable (NASDAQ:TENB) last released its 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 during the quarter, compared to the consensus estimate of $251.79 million. Tenable had a positive return on equity of 0.20% and a negative net margin of 3.61%.Tenable’s revenue was up 10.5% compared to the same quarter last year. During the same period 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. As a group, sell-side analysts expect that Tenable will post 0.12 earnings per share for the current year.

Insider Activity

In other news, Director A Brooke Seawell sold 115,000 shares of the 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. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Tenable

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in Tenable by 11.5% in the first quarter. Royal Bank of Canada now owns 124,839 shares of the company’s stock valued at $4,367,000 after purchasing an additional 12,868 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Tenable by 5.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 326,924 shares of the company’s stock valued at $11,436,000 after buying an additional 17,349 shares in the last quarter. Jane Street Group LLC grew its position in shares of Tenable by 83.6% in the 1st quarter. Jane Street Group LLC now owns 112,594 shares of the company’s stock valued at $3,939,000 after buying an additional 51,266 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in Tenable during the 2nd quarter worth $283,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Tenable by 62.1% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 17,453 shares of the company’s stock valued at $590,000 after acquiring an additional 6,689 shares during the last quarter. 89.06% of the stock is owned by institutional investors and hedge funds.

Tenable News Roundup

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Q4 results beat and upbeat guidance — Tenable reported Q4 revenue and EPS above estimates and issued FY26 and Q1 guidance well ahead of street expectations, which underpins the rally and signals better near-term profitability. Tenable Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: AI/security platform momentum — Management cited AI-driven demand and Tenable One platform wins (record new enterprise platform customers), supporting the view of recurring revenue strength and platform consolidation upside. TENB Q4 Deep Dive: AI Security Demand, Platform Consolidation Drive Momentum
• Positive Sentiment: Analyst support remains — Several firms reaffirm or maintain constructive ratings (Needham reaffirmed buy with $28 PT; JPMorgan, TD Cowen and Wedbush still have overweight/buy/outperform ratings despite trimming targets), providing a supportive analyst backdrop. Benzinga analyst notes
• Neutral Sentiment: Price-target cuts but still upside — Multiple shops trimmed targets (Wedbush $42→$32; TD Cowen $45→$38; JPMorgan $40→$35) but these levels still imply substantial upside from current prices, indicating lowered enthusiasm on valuation while preserving positive thesis for growth. Benzinga — PT changes TickerReport on TD Cowen
• Negative Sentiment: DA Davidson lowers to neutral — DA Davidson cut its target and moved to a “neutral” rating, which is a downgrade in sentiment and could cap near-term upside if other shops follow. Benzinga — DA Davidson note
• Neutral Sentiment: Value/longer-term bull case highlighted — Independent write-ups argue the stock looks attractively valued on FY26 multiples given recurring revenue and margin improvement, which may attract fundamental investors even if some analysts trim targets. Seeking Alpha — Deep value thesis

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.