Tenable (NASDAQ:TENB) Stock Price Up 6.9% Following Analyst Upgrade

Posted by Brian Himes on Jul 14th, 2026

Tenable Holdings, Inc. (NASDAQ:TENB – Get Free Report)’s stock price was up 6.9% during trading on Tuesday after Barclays raised their price target on the stock from $28.00 to $41.00. Barclays currently has an equal weight rating on the stock. Tenable traded as high as $41.90 and last traded at $41.8950. Approximately 480,218 shares were traded during mid-day trading, a decline of 85% from the average session volume of 3,198,762 shares. The stock had previously closed at $39.20.

TENB has been the topic of a number of other research reports. Canaccord Genuity Group lifted their price objective on Tenable from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Wedbush restated an “outperform” rating and issued a $29.00 price target on shares of Tenable in a research report on Tuesday, May 26th. Susquehanna decreased their price target on shares of Tenable from $40.00 to $26.00 and set a “positive” rating on the stock in a research note on Friday, May 1st. Needham & Company LLC increased their price objective on shares of Tenable from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Finally, William Blair cut shares of Tenable from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 28th. Ten analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $31.95.

View Our Latest Research Report on Tenable

Hedge Funds Weigh In On Tenable

Institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in Tenable by 11.5% during the 1st quarter. Royal Bank of Canada now owns 124,839 shares of the company’s stock valued at $4,367,000 after buying an additional 12,868 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Tenable by 5.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 326,924 shares of the company’s stock worth $11,436,000 after buying an additional 17,349 shares during the period. Jane Street Group LLC boosted its stake 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 buying an additional 51,266 shares during the period. Invesco Ltd. boosted its stake in Tenable by 12.9% during the second quarter. Invesco Ltd. now owns 121,530 shares of the company’s stock worth $4,105,000 after buying an additional 13,903 shares during the period. Finally, Amundi increased its position in Tenable by 52.0% during the second quarter. Amundi now owns 88,405 shares of the company’s stock valued at $2,974,000 after acquiring an additional 30,256 shares during the last quarter. Hedge funds and other institutional investors own 89.06% of the company’s stock.

Tenable Price Performance

The firm has a market cap of $4.66 billion, a P/E ratio of -418.60 and a beta of 0.93. 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 stock’s 50-day simple moving average is $28.56 and its two-hundred day simple moving average is $23.49.

Tenable (NASDAQ:TENB – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.06. The firm had revenue of $262.06 million during 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 was up 9.6% on a year-over-year basis. During the same quarter last year, the business earned $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. Equities research analysts forecast that Tenable Holdings, Inc. will post 0.49 earnings per share for the current fiscal year.

About Tenable

(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.