Wedbush Issues Pessimistic Forecast for Tenable (NASDAQ:TENB) Stock Price

Tenable (NASDAQ:TENB) had its target price cut by analysts at Wedbush from $42.00 to $32.00 in a report issued on Thursday, MarketBeat reports. The firm presently has an “outperform” rating on the stock. Wedbush’s target price points to a potential upside of 50.73% from the company’s current price.

Other equities analysts have also issued reports about the company. DA Davidson decreased their price target on Tenable from $32.00 to $25.00 and set a “neutral” rating for the company in a research note on Friday, January 30th. JPMorgan Chase & Co. decreased their target price on Tenable from $44.00 to $40.00 and set an “overweight” rating for the company in a research note on Monday, October 27th. Morgan Stanley set a $30.00 target price on Tenable in a report on Thursday, December 18th. Wall Street Zen raised shares of Tenable from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 25th. Finally, Piper Sandler lowered their price objective on shares of Tenable from $40.00 to $35.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $31.94.

Tenable Stock Up 7.4%

Tenable stock opened at $21.23 on Thursday. Tenable has a 52 week low of $19.15 and a 52 week high of $41.00. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of -70.76 and a beta of 0.63. The company’s 50-day moving average price is $23.69 and its two-hundred day moving average price is $27.51. 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 issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.48 earnings per share for the quarter, topping 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 analyst estimates of $251.79 million. During the same period in the prior year, the business posted $0.41 EPS. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. 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 expect that Tenable will post 0.12 EPS for the current fiscal year.

Insider Transactions at Tenable

In other Tenable news, Director A Brooke Seawell sold 115,000 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $24.82, for a total transaction of $2,854,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Quarry LP acquired a new stake in shares of Tenable during the third quarter valued at approximately $25,000. Signaturefd LLC grew its position in Tenable by 312.9% during the 4th quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock worth $29,000 after purchasing an additional 948 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Tenable during the 2nd quarter valued at $37,000. Exchange Traded Concepts LLC purchased a new stake in shares of Tenable in the third quarter valued at $45,000. Finally, Horizon Investments LLC purchased a new stake in shares of Tenable in the third quarter valued at $45,000. 89.06% of the stock is owned by hedge funds and other institutional investors.

Key Tenable News

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.