Tenable (NASDAQ:TENB) Price Target Raised to $36.00

Posted by George Bondi on Aug 2nd, 2026

Tenable (NASDAQ:TENB – Free Report) had its target price increased by Needham & Company LLC from $30.00 to $36.00 in a report released on Thursday morning, Marketbeat Ratings reports. Needham & Company LLC currently has a buy rating on the stock.

A number of other research analysts have also weighed in on TENB. Stifel Nicolaus raised their price objective on shares of Tenable from $26.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday. William Blair lowered shares of Tenable from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. raised their price target on shares of Tenable from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. TD Cowen lifted their price target on Tenable from $38.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Finally, Barclays cut their price target on Tenable from $41.00 to $38.00 and set an “equal weight” rating for the company in a research note on Thursday. Eight analysts have rated the stock with a Buy rating, eleven have assigned 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 a consensus target price of $34.68.

Check Out Our Latest Stock Analysis on Tenable

Tenable Price Performance

Shares of NASDAQ:TENB opened at $32.64 on Thursday. Tenable has a twelve month low of $15.73 and a twelve month high of $43.67. The stock’s 50 day moving average is $32.10 and its 200-day moving average is $24.61. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.42. The firm has a market capitalization of $3.60 billion, a price-to-earnings ratio of 652.93 and a beta of 0.93.

Tenable (NASDAQ:TENB – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.04. The business had revenue of $268.51 million during the quarter, compared to the consensus estimate of $264.87 million. Tenable had a net margin of 0.65% and a return on equity of 13.58%. Tenable’s revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.34 EPS. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. Sell-side analysts forecast that Tenable will post 0.5 EPS for the current fiscal year.

Institutional Trading of Tenable

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Tenable by 11.5% during the first quarter. Royal Bank of Canada now owns 124,839 shares of the company’s stock worth $4,367,000 after purchasing an additional 12,868 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Tenable by 5.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 326,924 shares of the company’s stock valued at $11,436,000 after buying an additional 17,349 shares during the last quarter. Jane Street Group LLC increased its stake in Tenable by 83.6% in the 1st quarter. Jane Street Group LLC now owns 112,594 shares of the company’s stock valued at $3,939,000 after buying an additional 51,266 shares during the last quarter. Invesco Ltd. lifted its position in shares of Tenable by 12.9% during the 2nd quarter. Invesco Ltd. now owns 121,530 shares of the company’s stock worth $4,105,000 after buying an additional 13,903 shares in the last quarter. Finally, Amundi lifted its position in shares of Tenable by 52.0% during the 2nd quarter. Amundi now owns 88,405 shares of the company’s stock worth $2,974,000 after buying an additional 30,256 shares in the last quarter. Hedge funds and other institutional investors own 89.06% of the company’s stock.

More Tenable News

Here are the key news stories impacting Tenable this week:

Positive Sentiment: Tenable exceeded Q2 expectations, reporting adjusted EPS of $0.51 versus the $0.47 consensus and revenue of $268.51 million versus estimates of $264.87 million. Revenue increased 8.6% year over year. Tenable Tops Q2 Earnings and Revenue Estimates
Positive Sentiment: Management issued stronger-than-expected EPS guidance, forecasting Q3 EPS of $0.49–$0.52 versus the $0.42 consensus and full-year EPS of $1.95–$2.00 versus the $1.66 consensus. The outlook reflects momentum in Tenable One, artificial intelligence offerings and customer expansion. TENB Q2 Earnings Beat and Outlook Raised
Positive Sentiment: Needham raised its price target to $36 from $30 and Canaccord Genuity increased its target to $36 from $30; both firms maintained or initiated a “buy” view. Needham Raises Tenable Price Target
Neutral Sentiment: Wells Fargo lowered its target to $35 from $43 while retaining an “equal weight” rating, and Barclays and Truist reaffirmed “hold” ratings. Truist separately reduced its target to $30 from $40, signaling limited near-term conviction.
Negative Sentiment: Piper Sandler cut its rating on Tenable, adding to investor concerns that the improved outlook may already be reflected in the stock’s valuation. Piper Sandler Cuts Tenable Rating

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.