Tenable (NASDAQ:TENB) Given New $45.00 Price Target at Cantor Fitzgerald

Tenable (NASDAQ:TENB) had its price target lifted by Cantor Fitzgerald from $30.00 to $45.00 in a research note published on Friday, Marketbeat reports. Cantor Fitzgerald currently has an overweight rating on the stock.

A number of other research analysts have also recently commented on the company. Morgan Stanley set a $27.00 target price on Tenable in a research note on Thursday, April 30th. Barclays lifted their price target on Tenable from $28.00 to $41.00 and gave the stock an “equal weight” rating in a research note on Monday, July 13th. Needham & Company LLC increased their price objective on Tenable from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. DA Davidson increased their price objective on Tenable from $22.00 to $25.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Finally, Susquehanna decreased their price objective on Tenable from $40.00 to $26.00 and set a “positive” rating on the stock in a report on Friday, May 1st. Nine equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Tenable presently has a consensus rating of “Hold” and an average price target of $33.42.

Tenable Stock Performance

Shares of TENB opened at $32.25 on Friday. Tenable has a 12-month low of $15.73 and a 12-month high of $43.67. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.42. The company has a market cap of $3.56 billion, a PE ratio of -322.50 and a beta of 0.93. The stock has a 50-day moving average price of $31.38 and a 200-day moving average price of $24.31.

Tenable (NASDAQ:TENB) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.06. The company had revenue of $262.06 million for the quarter, compared to analysts’ expectations of $258.83 million. Tenable had a negative net margin of 1.15% and a positive return on equity of 7.85%. Tenable’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.36 earnings per share. Tenable has set its FY 2026 guidance at 1.900-1.980 EPS and its Q2 2026 guidance at 0.460-0.48 EPS. As a group, equities analysts forecast that Tenable will post 0.49 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Quarry LP bought a new stake in Tenable in the third quarter worth $25,000. Kemnay Advisory Services Inc. purchased a new position in shares of Tenable in the fourth quarter worth $28,000. Signaturefd LLC raised its stake in shares of Tenable by 312.9% in the fourth quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock worth $29,000 after purchasing an additional 948 shares during the last quarter. Quadrant Capital Group LLC bought a new position in Tenable during the 4th quarter valued at about $38,000. Finally, Horizon Investments LLC purchased a new stake in shares of Tenable during the 3rd quarter valued at about $45,000. 89.06% of the stock is owned by hedge funds and other institutional investors.

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.