Tenable - TENB Stock Forecast, Price & News

17 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 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TENB shares.
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17 brokerages have issued 12 month price targets for Tenable's shares. Their TENB share price forecasts range from $32.00 to $75.00. On average, they anticipate the company's stock price to reach $53.31 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price.
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Tenable's stock was trading at $38.15 at the beginning of the year. Since then, TENB stock has increased by 19.4% and is now trading at $45.55.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
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Tenable Holdings, Inc. (NASDAQ:TENB) announced its earnings results on Tuesday, February, 7th. The company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by $0.02. The business had revenue of $184.63 million for the quarter, compared to the consensus estimate of $181.62 million. Tenable had a negative net margin of 13.50% and a negative trailing twelve-month return on equity of 30.75%.

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 SPDR FactSet Innovative Technology ETF (XITK).

Tenable updated its FY23 earnings guidance on Tuesday, February, 7th. The company provided EPS guidance of $0.52-$0.56 for the period, compared to the consensus EPS estimate of $0.50. The company issued revenue guidance of $800-$810 million, compared to the consensus revenue estimate of $815.83 million.

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.

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).

(TENB) raised $166 million in an initial public offering 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 acted 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 many different institutional and retail investors. Top institutional investors include First Trust Advisors LP (3.62%), RGM Capital LLC (3.14%), Mackenzie Financial Corp (2.48%), Geode Capital Management LLC (1.85%), Voya Investment Management LLC (1.31%) and American Century Companies Inc. (1.29%). 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, Stephen A Riddick, Stephen A Riddick, Stephen A Vintz and Stephen A Vintz.
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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.
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One share of TENB stock can currently be purchased for approximately $45.55.

Tenable (NASDAQ:TENB) has a market capitalization of $5.18 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.

The company employs 1,900 workers across the globe.

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.