Needham & Company LLC Reaffirms Buy Rating for Tenable (NASDAQ:TENB)

Tenable (NASDAQ:TENB)‘s stock had its “buy” rating reiterated by equities research analysts at Needham & Company LLC in a report released on Thursday,Benzinga reports. They currently have a $28.00 target price on the stock. Needham & Company LLC’s target price would indicate a potential upside of 31.89% from the company’s previous close.

A number of other research analysts have also recently commented on TENB. Canaccord Genuity Group set a $33.00 price target on shares of Tenable in a research note on Thursday. Piper Sandler dropped their target price on Tenable from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Monday, January 5th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $30.00 price target on shares of Tenable in a research note on Friday, January 30th. JPMorgan Chase & Co. lowered their price target on Tenable from $44.00 to $40.00 and set an “overweight” rating on the stock in a research report on Monday, October 27th. Finally, DA Davidson cut their price objective on Tenable from $32.00 to $25.00 and set a “neutral” rating for the company in a report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Tenable presently has a consensus rating of “Moderate Buy” and an average target price of $31.94.

Tenable Stock Up 7.4%

TENB opened at $21.23 on Thursday. The company has a market capitalization of $2.53 billion, a P/E ratio of -70.76 and a beta of 0.63. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.94 and a quick ratio of 0.94. The firm’s fifty day moving average price is $23.69 and its two-hundred day moving average price is $27.51. Tenable has a fifty-two week low of $19.15 and a fifty-two week high of $41.00.

Tenable (NASDAQ:TENB) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.48 earnings per share (EPS) 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 company had revenue of $260.53 million during the quarter, compared to analysts’ expectations of $251.79 million. During the same quarter in the prior year, the company posted $0.41 EPS. The business’s revenue was up 10.5% on a year-over-year basis. Tenable has set its FY 2026 guidance at 1.810-1.900 EPS and its Q1 2026 guidance at 0.390-0.420 EPS. On average, analysts anticipate that Tenable will post 0.12 EPS for the current year.

Insider Activity at Tenable

In other news, Director A Brooke Seawell sold 115,000 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $24.82, for a total transaction of $2,854,300.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Leonteq Securities AG bought a new stake in Tenable during the 4th quarter worth about $184,000. GSA Capital Partners LLP lifted its position in shares of Tenable by 127.3% during the fourth quarter. GSA Capital Partners LLP now owns 71,916 shares of the company’s stock worth $1,692,000 after purchasing an additional 40,275 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of Tenable by 4.7% during the fourth quarter. ProShare Advisors LLC now owns 22,208 shares of the company’s stock worth $523,000 after purchasing an additional 997 shares in the last quarter. Versor Investments LP bought a new stake in shares of Tenable during the fourth quarter valued at approximately $582,000. Finally, Swiss Life Asset Management Ltd acquired a new stake in shares of Tenable in the fourth quarter valued at approximately $284,000. Institutional investors and hedge funds own 89.06% of the company’s stock.

Trending Headlines about Tenable

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

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.