Tenable Holdings, Inc. (NASDAQ:TENB) Given Consensus Rating of “Hold” by Analysts

Tenable Holdings, Inc. (NASDAQ:TENB) has earned a consensus recommendation of “Hold” from the twenty brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $34.6842.

TENB has been the topic of several analyst reports. Robert W. Baird set a $34.00 price target on shares of Tenable in a report on Thursday, April 30th. Scotiabank raised shares of Tenable from a “sector perform” rating to a “sector outperform” rating and set a $50.00 price objective for the company in a research note on Monday, July 6th. 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 report on Thursday, July 30th. DA Davidson lifted their target price on shares of Tenable from $22.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Finally, TD Cowen lifted their target price on shares of Tenable from $38.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, July 13th.

Tenable Stock Performance

Shares of TENB opened at $37.62 on Friday. The business has a 50-day simple moving average of $35.35 and a two-hundred day simple moving average of $26.50. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.78. Tenable has a 52 week low of $15.73 and a 52 week high of $43.67. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of 752.55 and a beta of 0.94.

Tenable (NASDAQ:TENB) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. The firm had revenue of $268.51 million for the quarter, compared to analysts’ expectations of $264.87 million. Tenable had a return on equity of 14.90% and a net margin of 0.65%.The business’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm earned $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. On average, analysts expect that Tenable will post 0.5 EPS for the current year.

Institutional Investors Weigh In On Tenable

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TENB. Quarry LP bought a new stake in shares of Tenable in the 3rd quarter valued at about $25,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Tenable in the 4th quarter worth approximately $28,000. Quadrant Capital Group LLC bought a new position in shares of Tenable during the fourth quarter valued at approximately $38,000. Horizon Investments LLC bought a new position in shares of Tenable during the third quarter valued at approximately $45,000. Finally, Los Angeles Capital Management LLC purchased a new position in Tenable during the fourth quarter valued at approximately $48,000. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

About Tenable

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.