Tenable (NASDAQ:TENB) Upgraded at Wall Street Zen

Posted by Brian Himes on Aug 4th, 2026

Wall Street Zen upgraded shares of Tenable (NASDAQ:TENB – Free Report) from a buy rating to a strong-buy rating in a report issued on Saturday.

A number of other analysts have also issued reports on the stock. Robert W. Baird set a $34.00 price target on shares of Tenable in a research note on Thursday, April 30th. Canaccord Genuity Group increased their price objective on shares of Tenable from $30.00 to $36.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Truist Financial decreased their price objective on shares of Tenable from $40.00 to $30.00 and set a “hold” rating for the company in a report on Thursday, July 30th. Jefferies Financial Group decreased their price objective on shares of Tenable from $35.00 to $30.00 and set a “hold” rating for the company in a report on Thursday. Finally, Morgan Stanley set a $27.00 target price on shares of Tenable in a research report on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $34.68.

Get Our Latest Stock Analysis on TENB

Tenable Price Performance

Shares of NASDAQ TENB opened at $34.97 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.42. Tenable has a fifty-two week low of $15.73 and a fifty-two week high of $43.67. The business has a 50 day moving average price of $32.29 and a two-hundred day moving average price of $24.71. The firm has a market cap of $3.86 billion, a PE ratio of 699.54 and a beta of 0.94.

Tenable (NASDAQ:TENB – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. The company had revenue of $268.51 million for the quarter, compared to analyst estimates of $264.87 million. Tenable had a return on equity of 13.58% and a net margin of 0.65%.Tenable’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company 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 expect that Tenable will post 0.5 earnings per share for the current fiscal year.

Institutional Investors Weigh In On 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% in 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 period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of 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 purchasing an additional 17,349 shares during the period. Jane Street Group LLC raised its holdings in shares of 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 purchasing an additional 51,266 shares during the period. Invesco Ltd. lifted its position in shares of Tenable by 12.9% in 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 during the last quarter. Finally, Amundi boosted its holdings in shares of Tenable by 52.0% in the 2nd quarter. Amundi now owns 88,405 shares of the company’s stock valued at $2,974,000 after buying an additional 30,256 shares during the period. 89.06% of the stock is owned by institutional investors and hedge funds.

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.