Tenable (NASDAQ:TENB) Sets New 1-Year High After Analyst Upgrade

Posted by Stanley Muller on Jun 30th, 2026

Tenable Holdings, Inc. (NASDAQ:TENB – Get Free Report) shares reached a new 52-week high during trading on Tuesday after JPMorgan Chase & Co. raised their price target on the stock from $35.00 to $40.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Tenable traded as high as $36.73 and last traded at $35.9710, with a volume of 1341677 shares changing hands. The stock had previously closed at $33.49.

TENB has been the subject of several other research reports. Morgan Stanley set a $27.00 price objective on Tenable in a research note on Thursday, April 30th. DA Davidson upped their target price on Tenable from $22.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. Scotiabank lowered their price target on Tenable from $23.00 to $22.00 and set a “sector perform” rating on the stock in a report on Thursday, April 30th. Stifel Nicolaus boosted their price objective on Tenable from $22.00 to $26.00 and gave the stock a “hold” rating in a report on Friday, May 22nd. Finally, Barclays upped their price objective on shares of Tenable from $21.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $29.42.

Get Our Latest Stock Report on Tenable

Hedge Funds Weigh In On Tenable

Several institutional investors have recently modified their holdings of TENB. Pacer Advisors Inc. lifted its position in Tenable by 31.5% in the 1st quarter. Pacer Advisors Inc. now owns 498,647 shares of the company’s stock worth $8,435,000 after buying an additional 119,570 shares during the last quarter. Glenmede Trust Co. NA bought a new position in shares of Tenable during the 1st quarter valued at $269,000. Essential Partners LLC raised its position in Tenable by 456.3% in the 1st quarter. Essential Partners LLC now owns 7,238 shares of the company’s stock worth $122,000 after purchasing an additional 5,937 shares during the period. Bank of America Corp DE raised its position in Tenable by 2.0% in the 1st quarter. Bank of America Corp DE now owns 996,815 shares of the company’s stock worth $16,861,000 after purchasing an additional 19,229 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in Tenable by 217.7% in the first quarter. EverSource Wealth Advisors LLC now owns 3,549 shares of the company’s stock worth $60,000 after purchasing an additional 2,432 shares during the last quarter. 89.06% of the stock is currently owned by institutional investors.

Tenable Price Performance

The firm’s 50 day simple moving average is $24.74 and its two-hundred day simple moving average is $22.49. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $3.96 billion, a P/E ratio of -359.46 and a beta of 0.98.

Tenable (NASDAQ:TENB – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.41 by $0.06. Tenable had a positive return on equity of 7.85% and a negative net margin of 1.15%.The firm had revenue of $262.06 million for the quarter, compared to the consensus estimate of $258.83 million. During the same quarter in the previous year, the business earned $0.36 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. 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, analysts predict that Tenable Holdings, Inc. will post 0.49 earnings per share for the current year.

Tenable Company Profile

(Get Free Report)

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.