Shares of Tenable Holdings, Inc. (NASDAQ:TENB – Get Free Report) have earned an average recommendation of “Hold” from the twenty research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $28.1579.
Several equities research analysts have recently weighed in on TENB shares. Wall Street Zen raised shares of Tenable from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Tenable in a report on Tuesday, April 21st. William Blair lowered shares of Tenable from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. Scotiabank lowered their target price on shares of Tenable from $23.00 to $22.00 and set a “sector perform” rating on the stock in a report on Thursday, April 30th. Finally, UBS Group lowered their target price on shares of Tenable from $43.00 to $37.00 and set a “buy” rating on the stock in a report on Thursday, February 5th.
View Our Latest Analysis on TENB
Tenable Trading Up 9.2%
Tenable (NASDAQ:TENB – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.06. The firm had revenue of $262.06 million for the quarter, compared to analyst estimates of $258.83 million. Tenable had a negative net margin of 1.15% and a positive return on equity of 7.85%. The business’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.36 EPS. Tenable has set its FY 2026 guidance at 1.900-1.980 EPS and its Q2 2026 guidance at 0.460-0.48 EPS. On average, analysts expect that Tenable will post 0.49 EPS for the current year.
Institutional Investors Weigh In On Tenable
Several large investors have recently made changes to their positions in TENB. Arrowstreet Capital Limited Partnership grew its holdings in shares of Tenable by 175.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,732,271 shares of the company’s stock worth $63,131,000 after purchasing an additional 2,375,587 shares during the last quarter. UBS Group AG grew its holdings in shares of Tenable by 327.6% in the 4th quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock worth $72,768,000 after purchasing an additional 2,369,402 shares during the last quarter. Norges Bank bought a new stake in shares of Tenable in the 4th quarter worth about $44,542,000. SEB Asset Management AB bought a new stake in shares of Tenable in the 1st quarter worth about $18,935,000. Finally, First Trust Advisors LP grew its holdings in shares of Tenable by 31.8% in the 4th quarter. First Trust Advisors LP now owns 4,243,625 shares of the company’s stock worth $99,852,000 after purchasing an additional 1,023,671 shares during the last quarter. Institutional investors own 89.06% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Tenable
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Receive News & Ratings for Tenable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenable and related companies with MarketBeat.com's FREE daily email newsletter.
