Tenable Holdings, Inc. (NASDAQ:TENB) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Tenable Holdings, Inc. (NASDAQ:TENB) have been given an average rating of “Moderate Buy” by the twenty-one ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $31.9444.

Several equities analysts have recently issued reports on TENB shares. Wedbush decreased their price target on shares of Tenable from $42.00 to $32.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Needham & Company LLC reissued a “buy” rating and issued a $28.00 target price on shares of Tenable in a research note on Thursday, February 5th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $30.00 price target on shares of Tenable in a research report on Friday, January 30th. Jefferies Financial Group cut their price objective on Tenable from $29.00 to $24.00 and set a “hold” rating on the stock in a report on Monday, February 2nd. Finally, Stifel Nicolaus set a $24.00 target price on Tenable in a research note on Thursday, February 5th.

Tenable Price Performance

Shares of TENB opened at $19.23 on Friday. The stock has a market cap of $2.29 billion, a P/E ratio of -64.10 and a beta of 0.63. Tenable has a 1 year low of $17.27 and a 1 year high of $38.83. The stock’s 50-day moving average price is $22.18 and its two-hundred day moving average price is $26.39. 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 announced its quarterly earnings results 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. The business had revenue of $260.53 million for the quarter, compared to the consensus estimate of $251.79 million. Tenable had a negative net margin of 3.61% and a positive return on equity of 0.20%. Tenable’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period last 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. On average, equities analysts predict that Tenable will post 0.12 earnings per share for the current year.

Insider Buying and Selling at Tenable

In other Tenable news, Director Arthur W. Coviello, Jr. acquired 12,000 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were acquired at an average price of $21.50 per share, with a total value of $258,000.00. Following the completion of the transaction, the director directly owned 51,731 shares in the company, valued at $1,112,216.50. This trade represents a 30.20% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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. Additional details regarding this sale are available in the official SEC disclosure. 1.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Tenable

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in shares of Tenable by 11.5% during the 1st quarter. Royal Bank of Canada now owns 124,839 shares of the company’s stock worth $4,367,000 after acquiring an additional 12,868 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Tenable by 5.6% during 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 purchasing an additional 17,349 shares during the last quarter. Jane Street Group LLC boosted its position in Tenable by 83.6% during the first quarter. Jane Street Group LLC now owns 112,594 shares of the company’s stock worth $3,939,000 after purchasing an additional 51,266 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Tenable by 18.5% in the second quarter. Envestnet Asset Management Inc. now owns 29,614 shares of the company’s stock valued at $1,000,000 after purchasing an additional 4,628 shares during the last quarter. Finally, Versor Investments LP acquired a new position in shares of Tenable in the second quarter valued at $230,000. 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.