NASDAQ:TENB Tenable (TENB) Stock Forecast, Price & News $40.49 -0.25 (-0.61%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$39.72▼$40.7750-Day Range$34.57▼$47.5152-Week Range$28.80▼$53.75Volume865,138 shsAverage Volume940,241 shsMarket Capitalization$4.65 billionP/E RatioN/ADividend YieldN/APrice Target$48.40 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Tenable MarketRank™ ForecastAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside19.5% Upside$48.40 Price TargetShort InterestHealthy2.35% of Shares Sold ShortDividend StrengthN/ASustainability-0.59Upright™ Environmental ScoreNews Sentiment1.08Based on 3 Articles This WeekInsider TradingSelling Shares$1.91 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.46) to ($0.33) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.20 out of 5 starsComputer And Technology Sector254th out of 607 stocksPrepackaged Software Industry67th out of 215 stocks 2.3 Analyst's Opinion Consensus RatingTenable has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 11 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $48.40, Tenable has a forecasted upside of 19.5% from its current price of $40.49.Amount of Analyst CoverageTenable has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.35% of the outstanding shares of Tenable have been sold short.Short Interest Ratio / Days to CoverTenable has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tenable has recently decreased by 24.79%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldTenable does not currently pay a dividend.Dividend GrowthTenable does not have a long track record of dividend growth. Previous Next 3.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTenable 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 SustainabilityThe Environmental Impact score for Tenable is -0.59. Previous Next 2.3 News and Social Media Coverage News SentimentTenable has a news sentiment score of 1.08. 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 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Tenable this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for TENB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $1,905,202.00 in company stock.Percentage Held by InsidersOnly 4.50% of the stock of Tenable is held by insiders.Percentage Held by Institutions86.71% of the stock of Tenable is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Tenable are expected to grow in the coming year, from ($0.46) to ($0.33) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tenable is -48.78, 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. SectorThe P/E ratio of Tenable is -48.78, 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 RatioTenable has a P/B Ratio of 16.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Tenable (NASDAQ:TENB) StockTenable Holdings, Inc. engages in the development of security software solutions. It offers Cyber Exposure which is a discipline for managing and measuring cybersecurity risk in the digital era. Its products include tenable.io, tenable.sc, tenable.ot, and nessus professional. The firm delivers solutions in the field of application security, cloud security, compliance, energy, finance, healthcare, and retail. The company was founded by John C. Huffard, Jr. and Renaud M. Deraison in 2002 and is headquartered in Columbia, MD.Read More 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. Email Address TENB Stock News HeadlinesMay 29, 2023 | finance.yahoo.comTenable Holdings, Inc. (NASDAQ:TENB) Shares Could Be 27% Above Their Intrinsic Value EstimateMay 28, 2023 | americanbankingnews.comTenable Holdings, Inc. (NASDAQ:TENB) Director Sells $57,925.12 in StockJune 5, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 28, 2023 | americanbankingnews.comTenable Holdings, Inc. (NASDAQ:TENB) CFO Stephen A. Vintz Sells 3,432 SharesMay 27, 2023 | americanbankingnews.comShort Interest in Tenable Holdings, Inc. (NASDAQ:TENB) Declines By 24.8%May 27, 2023 | americanbankingnews.comTenable Holdings, Inc. (NASDAQ:TENB) COO Mark C. Thurmond Sells 2,516 SharesMay 25, 2023 | americanbankingnews.comTenable (NASDAQ:TENB) Trading Down 3.9% on Insider SellingMay 25, 2023 | americanbankingnews.comStephen A. Vintz Sells 4,173 Shares of Tenable Holdings, Inc. (NASDAQ:TENB) StockJune 5, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 24, 2023 | americanbankingnews.comTenable Holdings, Inc. (NASDAQ:TENB) CEO Amit Yoran Sells 6,489 SharesMay 23, 2023 | msn.comTenable and Splunk collaborate for better data-driven responseMay 21, 2023 | fool.comTenable (NASDAQ: TENB)May 14, 2023 | americanbankingnews.comAnalysts Set Tenable Holdings, Inc. (NASDAQ:TENB) PT at $47.71May 12, 2023 | msn.comNeedham Reiterates Tenable Holdings (TENB) Buy RecommendationMay 10, 2023 | msn.comCybersecurity Stocks May Feel the Cuts in Corporate SpendingMay 8, 2023 | finance.yahoo.comIs Now The Time To Look At Buying Tenable Holdings, Inc. (NASDAQ:TENB)?April 30, 2023 | americanbankingnews.comWedbush Weighs in on Tenable Holdings, Inc.'s Q2 2023 Earnings (NASDAQ:TENB)April 29, 2023 | finance.yahoo.com1 Growth Stock Down 40% You'll Wish You'd Bought On the DipApril 29, 2023 | americanbankingnews.comTenable Holdings, Inc. (NASDAQ:TENB) Director Linda Kay Zecher Sells 3,320 SharesApril 28, 2023 | americanbankingnews.comQ2 2023 Earnings Forecast for Tenable Holdings, Inc. Issued By William Blair (NASDAQ:TENB)April 28, 2023 | americanbankingnews.comPiper Sandler Cuts Tenable (NASDAQ:TENB) Price Target to $50.00April 27, 2023 | americanbankingnews.comTenable (NASDAQ:TENB) PT Lowered to $48.00April 27, 2023 | americanbankingnews.comStifel Nicolaus Lowers Tenable (NASDAQ:TENB) Price Target to $47.00April 27, 2023 | americanbankingnews.comWedbush Cuts Tenable (NASDAQ:TENB) Price Target to $45.00April 27, 2023 | americanbankingnews.comTenable (NASDAQ:TENB) Shares Gap Down on Analyst DowngradeApril 26, 2023 | americanbankingnews.comDA Davidson Comments on Tenable Holdings, Inc.'s Q2 2023 Earnings (NASDAQ:TENB)April 26, 2023 | americanbankingnews.comTenable (NASDAQ:TENB) Issues Quarterly Earnings ResultsSee More Headlines TENB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TENB Company Calendar Last Earnings4/24/2023Today6/05/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:TENB CUSIPN/A CIK1660280 Webwww.tenable.com Phone(410) 872-0555FaxN/AEmployees1,900Year FoundedN/APrice Target and Rating Average Stock Price Forecast$48.40 High Stock Price Forecast$61.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+19.2%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)($0.83) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-92,220,000.00 Net Margins-13.02% Pretax Margin-11.99% Return on Equity-30.21% Return on Assets-5.83% Debt Debt-to-Equity Ratio1.24 Current Ratio1.52 Quick Ratio1.52 Sales & Book Value Annual Sales$683.19 million Price / Sales6.83 Cash FlowN/A Price / Cash FlowN/A Book Value$2.41 per share Price / Book16.85Miscellaneous Outstanding Shares114,830,000Free Float109,666,000Market Cap$4.66 billion OptionableOptionable Beta1.23 Key ExecutivesAmit YoranChairman, President & Chief Executive OfficerMark C. ThurmondChief Operating OfficerStephen A. VintzChief Financial & Accounting OfficerPatricia GrantChief Information OfficerGlen M. PendleyChief Technical OfficerKey CompetitorsQualysNASDAQ:QLYSAsanaNYSE:ASANFreshworksNASDAQ:FRSHTeradataNYSE:TDCNew RelicNYSE:NEWRView All CompetitorsInsiders & InstitutionsLevel Four Advisory Services LLCBought 13,490 shares on 6/5/2023Ownership: 0.012%Macquarie Group Ltd.Bought 118,072 shares on 6/1/2023Ownership: 0.774%ProShare Advisors LLCSold 613 shares on 5/26/2023Ownership: 0.012%Raymond Jr. VicksSold 1,496 sharesTotal: $57,925.12 ($38.72/share)Amit YoranSold 5,708 sharesTotal: $214,278.32 ($37.54/share)View All Insider TransactionsView All Institutional Transactions TENB Stock - Frequently Asked Questions Should I buy or sell Tenable stock right now? 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last twelve months. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TENB shares. View TENB analyst ratings or view top-rated stocks. What is Tenable's stock price forecast for 2023? 16 brokers have issued 1 year target prices for Tenable's stock. Their TENB share price forecasts range from $32.00 to $61.00. On average, they predict the company's stock price to reach $48.40 in the next twelve months. This suggests a possible upside of 19.2% 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 2023. Since then, TENB stock has increased by 6.5% and is now trading at $40.62. View the best growth stocks for 2023 here. Are investors shorting Tenable? Tenable saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,700,000 shares, a decrease of 24.8% from the April 30th total of 3,590,000 shares. Based on an average daily trading volume, of 936,600 shares, the days-to-cover ratio is presently 2.9 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, July 25th 2023. View our TENB earnings forecast. How were Tenable's earnings last quarter? Tenable Holdings, Inc. (NASDAQ:TENB) issued its earnings results on Monday, April, 24th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.08. The company earned $188.84 million during the quarter, compared to analyst estimates of $187.14 million. Tenable had a negative net margin of 13.02% and a negative trailing twelve-month return on equity of 30.21%. The firm's revenue for the quarter was up 18.5% on a year-over-year basis. During the same period last year, the company earned ($0.17) EPS. 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), First Trust Nasdaq Cybersecurity ETF (CIBR), ETFMG Prime Cyber Security ETF (HACK), SPDR Kensho Future Security ETF (FITE), WisdomTree Cloud Computing Fund (WCLD) and What guidance has Tenable issued on next quarter's earnings? Tenable updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $0.12-$0.13 for the period, compared to the consensus estimate of $0.10. The company issued revenue guidance of $189.00 million-$191.00 million, compared to the consensus revenue estimate of $193.75 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 acted as the underwriters for the IPO and William Blair and BTIG were co-managers. What is Tenable's stock symbol? Tenable trades on the NASDAQ under the ticker symbol "TENB." Who are Tenable's major shareholders? Tenable's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (9.10%), BlackRock Inc. (8.92%), Greenvale Capital LLP (3.71%), RGM Capital LLC (3.11%), First Trust Advisors LP (3.04%) and Mackenzie Financial Corp (2.43%). Insiders that own company stock include Amit Yoran, Arthur W Coviello Jr, George Alex Tosheff, Insight Holdings Group, Llc, 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. What is Tenable's stock price today? One share of TENB stock can currently be purchased for approximately $40.62. How much money does Tenable make? Tenable (NASDAQ:TENB) has a market capitalization of $4.66 billion and generates $683.19 million in revenue each year. The company earns $-92,220,000.00 in net income (profit) each year or ($0.83) on an earnings per share basis. How many employees does Tenable have? The company employs 1,900 workers across the globe. How can I contact Tenable? Tenable's mailing address is 7021 COLUMBIA GATEWAY DRIVE SUITE 500, COLUMBIA MD, 21046. The official website for the company is www.tenable.com. The company can be reached via phone at (410) 872-0555 or via email at investors@tenable.com. This page (NASDAQ:TENB) was last updated on 6/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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