NASDAQ:TENBTenable Stock Price, Forecast & News

Tenable's stock was trading at $20.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TENB shares have increased by 52.0% and is now trading at $31.17. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tenable.

Tenable is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Tenable.

Tenable Holdings Inc (NASDAQ:TENB) posted its quarterly earnings results on Tuesday, April, 28th. The company reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.10. The firm earned $102.60 million during the quarter, compared to the consensus estimate of $100.07 million. Tenable had a negative net margin of 26.68% and a negative return on equity of 76.21%. The business's revenue was up 27.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.13) EPS. View Tenable's earnings history.

Tenable updated its second quarter 2020 After-Hours earnings guidance on Tuesday, April, 28th. The company provided EPS guidance of -0.06--0.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.11. The company issued revenue guidance of $101-103 million, compared to the consensus revenue estimate of $104.22 million.

11 analysts have issued 1-year price targets for Tenable's stock. Their forecasts range from $25.00 to $44.00. On average, they expect Tenable's share price to reach $33.36 in the next twelve months. This suggests a possible upside of 7.0% from the stock's current price. View analysts' price targets for Tenable.

Media headlines about TENB stock have trended very negative on Monday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tenable earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Tenable.

Tenable saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,870,000 shares, an increase of 54.5% from the June 15th total of 1,210,000 shares. Based on an average daily volume of 761,300 shares, the days-to-cover ratio is presently 2.5 days. Currently, 3.6% of the shares of the company are short sold. View Tenable's Current Options Chain.

Some companies that are related to Tenable include Dynatrace (DT), Cloudflare (NET), Nice (NICE), Ceridian HCM (CDAY), NortonLifeLock (NLOK), Alteryx (AYX), Temenos (TMNSF), Avalara (AVLR), UBISOFT ENTMT S/ADR (UBSFY), Black Knight (BKI), HubSpot (HUBS), Guidewire Software (GWRE), Fastly (FSLY), PTC (PTC) and Dropbox (DBX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenable investors own include Netflix (NFLX), Qualys (QLYS), AT&T (T), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Paypal (PYPL), AbbVie (ABBV), salesforce.com (CRM) and Mastercard (MA).

(TENB) raised $166 million in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 9,200,000 shares at $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.

Tenable trades on the NASDAQ under the ticker symbol "TENB."

Tenable's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Diversified Trust Co (0.03%). Company insiders that own Tenable stock include Amit Yoran, Insight Holdings Group, Llc, Jerry M Kennelly, John C Huffard Jr, John Negron, Kimberly Hammonds, Ping Li, Stephen A Riddick and Stephen A Vintz. View institutional ownership trends for Tenable.

TENB stock was bought by a variety of institutional investors in the last quarter, including Diversified Trust Co. View insider buying and selling activity for Tenable.

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

One share of TENB stock can currently be purchased for approximately $31.17.

Tenable has a market capitalization of $3.12 billion and generates $354.59 million in revenue each year. The company earns $-99,010,000.00 in net income (profit) each year or ($0.87) on an earnings per share basis. Tenable employs 1,477 workers across the globe.

The official website for Tenable is www.tenable.com.

Tenable's mailing address is 7021 COLUMBIA GATEWAY DRIVE SUITE 500, COLUMBIA MD, 21046. The company can be reached via phone at 410-872-0555 or via email at [email protected]