Should I buy or sell Tenable stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last twelve months. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TENB shares. View TENB analyst ratings or view top-rated stocks .

What is Tenable's stock price target for 2024?

12 Wall Street research analysts have issued 12-month target prices for Tenable's shares. Their TENB share price targets range from $41.00 to $63.00. On average, they expect the company's share price to reach $51.38 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price. View analysts price targets for TENB or view top-rated stocks among Wall Street analysts .

How have TENB shares performed in 2023?

Tenable's stock was trading at $38.15 at the beginning of the year. Since then, TENB stock has increased by 7.9% and is now trading at $41.15. View the best growth stocks for 2023 here .

Are investors shorting Tenable?

Tenable saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 2,310,000 shares, a decrease of 19.5% from the October 31st total of 2,870,000 shares. Based on an average daily trading volume, of 773,400 shares, the short-interest ratio is currently 3.0 days. View Tenable's Short Interest .

When is Tenable's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024. View our TENB earnings forecast .

How were Tenable's earnings last quarter?

Tenable Holdings, Inc. (NASDAQ:TENB) announced its earnings results on Wednesday, November, 1st. The company reported ($0.08) EPS for the quarter, meeting analysts' consensus estimates of ($0.08). The business had revenue of $201.53 million for the quarter, compared to analyst estimates of $198.36 million. Tenable had a negative trailing twelve-month return on equity of 19.44% and a negative net margin of 10.15%.

What ETFs hold Tenable's stock?

ETFs with the largest weight of Tenable (NASDAQ:TENB) stock in their portfolio include Global X Cybersecurity ETF (BUG) , WisdomTree Cybersecurity Fund (WCBR) , iShares Cybersecurity and Tech ETF (IHAK) , Invesco Next Gen Connectivity ETF (PXQ) , First Trust Nasdaq Cybersecurity ETF (CIBR) , SPDR Kensho Future Security ETF (FITE) , ETFMG Prime Cyber Security ETF (HACK) and WisdomTree Cloud Computing Fund (WCLD) .

What guidance has Tenable issued on next quarter's earnings?

Tenable issued an update on its fourth quarter earnings guidance on Wednesday, November, 1st. The company provided EPS guidance of $0.13-$0.14 for the period, compared to the consensus EPS estimate of $0.14. The company issued revenue guidance of $204-$208 million, compared to the consensus revenue estimate of $206.40 million.

What is Amit Yoran's approval rating as Tenable's CEO?

144 employees have rated Tenable Chief Executive Officer Amit Yoran on Glassdoor.com . Amit Yoran has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Tenable own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenable investors own include NVIDIA (NVDA) , AT&T (T) , Tesla (TSLA) , Boeing (BA) , Salesforce (CRM) , Mastercard (MA) , Pfizer (PFE) , Zscaler (ZS) , International Business Machines (IBM) and Qualys (QLYS) .

When did Tenable IPO?

(TENB) raised $166 million in an IPO on Thursday, July 26th 2018. The company issued 9,200,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan, Allen & Company, Deutsche Bank Securities and Stifel served as the underwriters for the IPO and William Blair and BTIG were co-managers.

Who are Tenable's major shareholders?

Tenable's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (9.84%), RGM Capital LLC (3.19%), William Blair Investment Management LLC (2.62%), Mackenzie Financial Corp (2.61%), Ameriprise Financial Inc. (2.03%) and Westfield Capital Management Co. LP (1.88%). Insiders that own company stock include Amit Yoran , Arthur W Coviello Jr , George Alex Tosheff , Jerry M Kennelly , Kimberly Hammonds , Linda Kay Zecher , Mark C Thurmond , Ping Li , Raymond Jr Vicks , Stephen A Riddick, Stephen A Riddick , Stephen A Vintz and Stephen A Vintz . View institutional ownership trends .

How do I buy shares of Tenable?

Shares of TENB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Positive News SentimentPositive News

Tenable Stock Price, News & Analysis (NASDAQ:TENB)

$41.15

+0.34 (+0.83%)

(As of 12/8/2023 ET)

Compare

Today's Range: $40.55
▼
$41.23
50-Day Range: $35.33
▼
$46.15
52-Week Range: $33.85
▼
$49.77

Volume: 517,501 shs
Average Volume: 894,455 shs
Market Capitalization: $4.81 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $51.38

Tenable MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 24.9% Upside
$51.38 Price Target
Short Interest: Healthy
1.98% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.59
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Selling Shares
$2.22 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.36) to ($0.34) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Computer And Technology Sector

28th out of 596 stocks

Prepackaged Software Industry

4th out of 161 stocks

3.4

Analyst's Opinion

Consensus Rating
Tenable has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $51.38, Tenable has a forecasted upside of 24.9% from its current price of $41.15.
Amount of Analyst Coverage
Tenable has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.98% of the outstanding shares of Tenable have been sold short.
Short Interest Ratio / Days to Cover
Tenable has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Tenable has recently decreased by 19.51%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Tenable does not currently pay a dividend.
Dividend Growth
Tenable does not have a long track record of dividend growth.

3.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Tenable has received a 53.21% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Cybersecurity management systems", "Cybersecurity assesment software", and "Cybersecurity consulting services" products. See details.
Environmental Sustainability
The Environmental Impact score for Tenable is -0.59.

3.6

News and Social Media Coverage

News Sentiment
Tenable has a news sentiment score of 1.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Tenable this week, compared to 3 articles on an average week.
Search Interest
3 people have searched for TENB on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
3 people have added Tenable to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tenable insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,220,733.00 in company stock.
Percentage Held by Insiders
Only 4.50% of the stock of Tenable is held by insiders.
Percentage Held by Institutions
88.13% of the stock of Tenable is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Tenable are expected to grow in the coming year, from ($0.36) to ($0.34) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tenable is -60.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tenable is -60.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Tenable has a P/B Ratio of 17.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Tenable Stock (NASDAQ:TENB)

Tenable Holdings, Inc. provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable.io, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable.cs, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable.io Web Application Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; and Tenable.asm, an external attack surface management solution. The company also offers Tenable.ad, a solution to secure Active Directory environments; Tenable.ot, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities; Tenable.sc, an on-premises solution that provides a risk-based view of an organization's IT, security and compliance posture. In addition, it provides Nessus, a vulnerability assessment solution for cybersecurity industry and enterprise platform; and Nessus Expert, that enables users to programmatically detect cloud infrastructure misconfigurations and vulnerabilities in the design and build phase. Tenable Holdings, Inc. was founded in 2002 and is headquartered in Columbia, Maryland.

TENB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TENB Stock News Headlines

November 28, 2023 | bizjournals.com

Columbia public company Tenable launches $100M stock buyback plan

November 28, 2023 | finance.yahoo.com

Insider Sell: CFO Stephen Vintz Sells 3,411 Shares of Tenable Holdings Inc (TENB)

December 9, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

November 27, 2023 | finance.yahoo.com

Tenable Announces Share Repurchase Program

November 24, 2023 | benzinga.com

Tenable Holdings Stock (NASDAQ:TENB) Earnings Dates and Earning Calls

November 22, 2023 | finance.yahoo.com

Insider Sell: COO Mark Thurmond Sells 4,554 Shares of Tenable Holdings Inc (TENB)

November 11, 2023 | finance.yahoo.com

A $2 Trillion Opportunity Is Looming for This Super Stock. Here's Why It's a Buy Right Now

November 5, 2023 | finance.yahoo.com

Are Investors Undervaluing Tenable Holdings, Inc. (NASDAQ:TENB) By 23%?

December 9, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 2, 2023 | finance.yahoo.com

Tenable Holdings, Inc. (NASDAQ:TENB) Q3 2023 Earnings Call Transcript

November 2, 2023 | markets.businessinsider.com

Analysts Are Bullish on Top Technology Stocks: Tenable Holdings (TENB), Electronic Arts (EA)

November 2, 2023 | finance.yahoo.com

Tenable (TENB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

November 1, 2023 | msn.com

Tenable drops with billings missing estimates

November 1, 2023 | finance.yahoo.com

Tenable Announces Third Quarter 2023 Financial Results

November 1, 2023 | finance.yahoo.com

Tenable (NASDAQ:TENB) Surprises With Q3 Sales But Stock Drops On Weak Guidance

November 1, 2023 | finance.yahoo.com

Tenable Holdings Inc (TENB) Reports 15% YoY Revenue Growth in Q3 2023

November 1, 2023 | seekingalpha.com

Tenable Holdings, Inc. 2023 Q3 - Results - Earnings Call Presentation

October 31, 2023 | finance.yahoo.com

Tenable (TENB) Reports Earnings Tomorrow. What To Expect

October 26, 2023 | ca.finance.yahoo.com

Tenable Holdings, Inc. (TENB)

October 20, 2023 | msn.com

Morgan Stanley Maintains Tenable Holdings (TENB) Equal-Weight Recommendation

October 20, 2023 | theglobeandmail.com

Q2 Earnings Outperformers: Tenable (NASDAQ:TENB) And The Rest Of The Cybersecurity Stocks

October 17, 2023 | stockhouse.com

Tenable Selected by Chubu Electric Power Grid to Support Stable Power Delivery

October 16, 2023 | finance.yahoo.com

Tenable Announces Date For Its Third Quarter Earnings Conference Call

October 15, 2023 | finance.yahoo.com

At US$42.82, Is Tenable Holdings, Inc. (NASDAQ:TENB) Worth Looking At Closely?

October 10, 2023 | seekingalpha.com

Tenable: A Value Stock When Considering Data Assets

October 10, 2023 | msn.com

Barclays Downgrades Tenable Holdings (TENB)

October 9, 2023 | in.investing.com

Barclays downgrades Tenable Holdings as it repositions for secular growth, raises 'leader' Zscaler

See More Headlines

Receive TENB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tenable and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/01/2023
Today: 12/08/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:TENB
CUSIP: N/A
CIK: 1660280
Web: www.tenable.com
Phone: (410) 872-0555
Fax: N/A
Employees: 1,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $51.38
High Stock Price Target: $63.00
Low Stock Price Target: $41.00
Potential Upside/Downside: +24.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.68)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-92,220,000.00
Net Margins: -10.15%
Pretax Margin: -8.68%
Return on Equity: -19.44%
Return on Assets: -4.05%

Debt

Debt-to-Equity Ratio: 1.05
Current Ratio: 1.62
Quick Ratio: 1.62

Sales & Book Value

Annual Sales: $770.04 million
Price / Sales: 6.25
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.41 per share
Price / Book: 17.07

Miscellaneous

Outstanding Shares: 116,935,000
Free Float: 111,673,000
Market Cap: $4.81 billion
Optionable: Optionable
Beta: 1.09

10 Best Stocks to Own in 2024

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

Dr. Amit Yoran Ph.D. (Age 52)
Chairman, President & CEO
Comp: $984.8k
Mr. John C. Huffard Jr. (Age 55)
Co-Founder & Director
Comp: $35k
Mr. Stephen A. Vintz CPA (Age 54)
Chief Financial Officer
Comp: $796.26k
Mr. Mark Thurmond (Age 53)
Chief Operating Officer
Comp: $792.89k
Ms. Andrea DiMarco
Head of Investor Relations
Ms. Michelle VonderHaar
Chief Legal Officer & Corporate Secretary
Ms. Michela Stribling
Chief Communications Officer
Mr. C. Matthew Olton (Age 57)
Senior Vice President of Corporate Development & Strategy
Mr. Thomas David Feringa (Age 61)
Senior Vice President of Worldwide Sales
Ms. Meg O'Leary
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TENB Stock Analysis - Frequently Asked Questions

Should I buy or sell Tenable stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last twelve months. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TENB shares.
View TENB analyst ratings or view top-rated stocks.
What is Tenable's stock price target for 2024?: 12 Wall Street research analysts have issued 12-month target prices for Tenable's shares. Their TENB share price targets range from $41.00 to $63.00. On average, they expect the company's share price to reach $51.38 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price.
View analysts price targets for TENB or view top-rated stocks among Wall Street analysts.
How have TENB shares performed in 2023?: Tenable's stock was trading at $38.15 at the beginning of the year. Since then, TENB stock has increased by 7.9% and is now trading at $41.15.
View the best growth stocks for 2023 here.
Are investors shorting Tenable?: Tenable saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 2,310,000 shares, a decrease of 19.5% from the October 31st total of 2,870,000 shares. Based on an average daily trading volume, of 773,400 shares, the short-interest ratio is currently 3.0 days.
View Tenable's Short Interest.
When is Tenable's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our TENB earnings forecast.
How were Tenable's earnings last quarter?: Tenable Holdings, Inc. (NASDAQ:TENB) announced its earnings results on Wednesday, November, 1st. The company reported ($0.08) EPS for the quarter, meeting analysts' consensus estimates of ($0.08). The business had revenue of $201.53 million for the quarter, compared to analyst estimates of $198.36 million. Tenable had a negative trailing twelve-month return on equity of 19.44% and a negative net margin of 10.15%.
What ETFs hold Tenable's stock?: ETFs with the largest weight of Tenable (NASDAQ:TENB) stock in their portfolio include Global X Cybersecurity ETF (BUG), WisdomTree Cybersecurity Fund (WCBR), iShares Cybersecurity and Tech ETF (IHAK), Invesco Next Gen Connectivity ETF (PXQ), First Trust Nasdaq Cybersecurity ETF (CIBR), SPDR Kensho Future Security ETF (FITE), ETFMG Prime Cyber Security ETF (HACK) and WisdomTree Cloud Computing Fund (WCLD).

What guidance has Tenable issued on next quarter's earnings?: Tenable issued an update on its fourth quarter earnings guidance on Wednesday, November, 1st. The company provided EPS guidance of $0.13-$0.14 for the period, compared to the consensus EPS estimate of $0.14. The company issued revenue guidance of $204-$208 million, compared to the consensus revenue estimate of $206.40 million.
What is Amit Yoran's approval rating as Tenable's CEO?: 144 employees have rated Tenable Chief Executive Officer Amit Yoran on Glassdoor.com. Amit Yoran has an approval rating of 82% among the company's employees.
What other stocks do shareholders of Tenable own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tenable investors own include NVIDIA (NVDA), AT&T (T), Tesla (TSLA), Boeing (BA), Salesforce (CRM), Mastercard (MA), Pfizer (PFE), Zscaler (ZS), International Business Machines (IBM) and Qualys (QLYS).
When did Tenable IPO?: (TENB) raised $166 million in an IPO on Thursday, July 26th 2018. The company issued 9,200,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan, Allen & Company, Deutsche Bank Securities and Stifel served as the underwriters for the IPO and William Blair and BTIG were co-managers.
Who are Tenable's major shareholders?: Tenable's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (9.84%), RGM Capital LLC (3.19%), William Blair Investment Management LLC (2.62%), Mackenzie Financial Corp (2.61%), Ameriprise Financial Inc. (2.03%) and Westfield Capital Management Co. LP (1.88%). Insiders that own company stock include Amit Yoran, Arthur W Coviello Jr, George Alex Tosheff, Jerry M Kennelly, Kimberly Hammonds, Linda Kay Zecher, Mark C Thurmond, Ping Li, Raymond Jr Vicks, Stephen A Riddick, Stephen A Riddick, Stephen A Vintz and Stephen A Vintz.
View institutional ownership trends.
How do I buy shares of Tenable?: Shares of TENB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:TENB) was last updated on 12/9/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Tenable Stock Price, News & Analysis (NASDAQ:TENB)

Tenable MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Tenable Stock (NASDAQ:TENB)

TENB Stock Price History

TENB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TENB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™