DA Davidson Issues Positive Forecast for Tenable (NASDAQ:TENB) Stock Price

Posted by on May 22nd, 2026

Tenable (NASDAQ:TENB – Get Free Report) had its price objective hoisted by stock analysts at DA Davidson from $22.00 to $25.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. DA Davidson’s price objective suggests a potential downside of 2.50% from the stock’s current price.

Several other brokerages have also issued reports on TENB. Wedbush cut their target price on shares of Tenable from $32.00 to $27.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. Canaccord Genuity Group increased their target price on shares of Tenable from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday. Needham & Company LLC increased their target price on shares of Tenable from $26.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday. Jefferies Financial Group reissued a “hold” rating and set a $27.00 target price on shares of Tenable in a research note on Friday. Finally, Barclays increased their target price on shares of Tenable from $21.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $28.79.

Get Our Latest Analysis on TENB

Tenable Stock Up 1.9%

NASDAQ TENB traded up $0.47 on Friday, hitting $25.64. 2,092,361 shares of the company were exchanged, compared to its average volume of 3,095,835. The company has a market cap of $2.83 billion, a PE ratio of -257.27 and a beta of 0.87. Tenable has a 12 month low of $15.73 and a 12 month high of $35.69. The stock has a fifty day moving average of $19.84 and a 200-day moving average of $22.34. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.42.

Tenable (NASDAQ:TENB – Get Free Report) last issued 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 business 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%. Tenable’s revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.36 earnings per share. 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 forecast that Tenable will post 0.49 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Quarry LP bought a new position in shares of Tenable in the third quarter valued at $25,000. Kemnay Advisory Services Inc. bought a new position in shares of Tenable in the fourth quarter valued at $28,000. Signaturefd LLC lifted its stake in shares of Tenable by 312.9% in the fourth quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock valued at $29,000 after buying an additional 948 shares in the last quarter. Quadrant Capital Group LLC bought a new position in shares of Tenable in the fourth quarter valued at $38,000. Finally, Horizon Investments LLC bought a new position in shares of Tenable in the third quarter valued at $45,000. 89.06% of the stock is owned by institutional investors.

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.

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