NASDAQ:TENB - Tenable Stock Price, Forecast & News

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

Tenable Holdings Inc (NASDAQ:TENB) announced its earnings results on Tuesday, February, 4th. The company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.12) by $0.01. The firm had revenue of $97 million for the quarter, compared to the consensus estimate of $94.27 million. Tenable had a negative return on equity of 67.45% and a negative net margin of 27.92%. The company's revenue was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.12) EPS. View Tenable's Earnings History.

Tenable is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Tenable.

Tenable updated its FY20 earnings guidance on Tuesday, February, 4th. The company provided EPS guidance of ($0.41-0.36) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.42). The company issued revenue guidance of $435-440 million, compared to the consensus revenue estimate of $435.55 million.

8 equities research analysts have issued 12 month price objectives for Tenable's shares. Their forecasts range from $25.00 to $44.00. On average, they expect Tenable's share price to reach $34.50 in the next twelve months. This suggests a possible upside of 40.7% from the stock's current price. View Analyst Price Targets for Tenable.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tenable.

Media stories about TENB stock have trended somewhat negative on Friday, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tenable earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Tenable.

Tenable saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,420,000 shares, a decline of 12.9% from the January 15th total of 1,630,000 shares. Based on an average daily trading volume, of 627,200 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.9% of the company's shares are short sold. View Tenable's Current Options Chain.

Some companies that are related to Tenable include Coupa Software (COUP), UBISOFT ENTMT S/ADR (UBSFY), PTC (PTC), Dynatrace (DT), Guidewire Software (GWRE), Alteryx (AYX), Mongodb (MDB), Dropbox (DBX), HubSpot (HUBS), Anaplan (PLAN), Trend Micro (TMICY), Avalara (AVLR), Cloudflare (NET), Paylocity (PCTY) and Nutanix (NTNX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenable investors own include Netflix (NFLX), AT&T (T), Uber Technologies (UBER), Qualys (QLYS), Advanced Micro Devices (AMD), Paypal (PYPL), RealReal (REAL), Tilray (TLRY), AbbVie (ABBV) and salesforce.com (CRM).

(TENB) raised $166 million in an initial public offering (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.

Tenable's stock is owned by a number of of retail and institutional investors. Top institutional investors include Champlain Investment Partners LLC (3.96%), Sylebra Capital Ltd (3.32%), Amundi Pioneer Asset Management Inc. (1.08%), State Street Corp (0.85%), Geode Capital Management LLC (0.59%) and UBS Asset Management Americas Inc. (0.52%). Company insiders that own Tenable stock include Amit Yoran, 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 sold by a variety of institutional investors in the last quarter, including Glynn Capital Management LLC, FMR LLC, First Trust Advisors LP, Goldman Sachs Group Inc., Bank of America Corp DE, Quantbot Technologies LP, Man Group plc and Chicago Equity Partners LLC. Company insiders that have sold Tenable company stock in the last year include Amit Yoran, Jerry M Kennelly, John C Huffard Jr, John Negron, Kimberly Hammonds, Ping Li, Stephen A Riddick and Stephen A Vintz. View Insider Buying and Selling for Tenable.

TENB stock was acquired by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, Amundi Pioneer Asset Management Inc., Sylebra Capital Ltd, Pinnacle Associates Ltd., Blair William & Co. IL, Renaissance Technologies LLC, UBS Asset Management Americas Inc. and Ieq Capital LLC. View Insider Buying and Selling 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 $24.52.

Tenable has a market capitalization of $2.41 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 1,252 workers across the globe.View Additional Information About Tenable.

The official website for Tenable is http://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]