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China July exports rise, with trade surplus at record-high
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Shift in war's front seen as ships cleared to leave Ukraine
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Demand for grocery delivery cools as food costs rise
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Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
pixel
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
pixel
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
pixel
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NASDAQ:TENB

Tenable - TENB Stock Forecast, Price & News

$43.02
+1.04 (+2.48%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$40.80
$43.24
50-Day Range
$37.84
$52.80
52-Week Range
$36.67
$63.61
Volume
896,979 shs
Average Volume
1.26 million shs
Market Capitalization
$4.80 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$56.87

Tenable MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
32.2% Upside
$56.87 Price Target
Short Interest
Healthy
3.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
0.13mentions of Tenable in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$4.27 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.51) to ($0.37) Per Share

Overall MarketRank

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

2.90 out of 5 stars

Computer And Technology Sector

68th out of 832 stocks

Prepackaged Software Industry

14th out of 269 stocks

TENB stock logo

About Tenable (NASDAQ:TENB) Stock

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 application platform that enables organizations to programmatically detect and fix cloud infrastructure misconfigurations; Tenable.io WAS, which provides scanning for modern web applications; and Tenable.ep, an unified platform that helps organizations identify, assess, and accurately prioritize cyber risks across the entire attack surface. The company also offers Tenable.ad, a solution to secure Active Directory environments; Tenable.ot, an on-premises solution that provides threat detection and mitigation, asset tracking, vulnerability management, and configuration control capabilities to protect OT environments, including industrial networks; 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 Professional, a vulnerability assessment solution for identifying security vulnerabilities, configuration issues, and malware; and Nessus Essentials, which includes vulnerability and configuration assessment for a limited number of assets. The company was founded in 2002 and is headquartered in Columbia, Maryland.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Piper Sandler cut their price objective on shares of Tenable from $72.00 to $65.00 in a report on Wednesday, July 13th. DA Davidson cut their price objective on shares of Tenable from $75.00 to $53.00 and set an "outperform" rating on the stock in a report on Wednesday, July 27th. Morgan Stanley cut their price objective on shares of Tenable from $63.00 to $53.00 and set an "overweight" rating on the stock in a report on Wednesday, July 27th. Wedbush cut their price objective on shares of Tenable from $70.00 to $57.00 and set an "outperform" rating on the stock in a report on Wednesday, July 27th. Finally, Wolfe Research dropped their target price on Tenable from $59.00 to $47.00 and set an "outperform" rating on the stock in a research report on Friday, July 29th. Sixteen research analysts have rated the stock with a buy rating, According to data from MarketBeat, Tenable has a consensus rating of "Buy" and a consensus target price of $56.87.

Tenable Price Performance

Shares of NASDAQ:TENB traded up $1.04 during midday trading on Friday, reaching $43.02. 896,979 shares of the company's stock traded hands, compared to its average volume of 1,259,562. The company has a fifty day simple moving average of $46.86 and a two-hundred day simple moving average of $50.59. Tenable has a 1 year low of $36.67 and a 1 year high of $63.61. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.56 and a current ratio of 1.47. The company has a market cap of $4.80 billion, a P/E ratio of -59.75 and a beta of 1.35.

Insider Activity at Tenable

In other Tenable news, General Counsel Stephen A. Riddick sold 1,534 shares of the firm's stock in a transaction on Wednesday, May 18th. The stock was sold at an average price of $43.85, for a total value of $67,265.90. Following the completion of the sale, the general counsel now directly owns 43,800 shares of the company's stock, valued at approximately $1,920,630. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Stephen A. Vintz sold 2,858 shares of Tenable stock in a transaction dated Wednesday, May 18th. The stock was sold at an average price of $43.85, for a total value of $125,323.30. Following the completion of the transaction, the chief financial officer now owns 129,880 shares in the company, valued at approximately $5,695,238. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Stephen A. Riddick sold 1,534 shares of Tenable stock in a transaction dated Wednesday, May 18th. The shares were sold at an average price of $43.85, for a total value of $67,265.90. Following the completion of the transaction, the general counsel now owns 43,800 shares of the company's stock, valued at approximately $1,920,630. The disclosure for this sale can be found here. In the last ninety days, insiders sold 90,572 shares of company stock valued at $4,268,456. 4.80% of the stock is owned by insiders.

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TENB Stock News Headlines

Tenable (NASDAQ:TENB) PT Lowered to $57.00 at Wedbush
Why Tenable Stock Fell 16% Today
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TENB Company Calendar

Last Earnings
10/26/2021
Today
8/07/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:TENB
Fax
N/A
Employees
1,617
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$56.87
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+32.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
16 Analysts

Profitability

Net Income
$-46,680,000.00
Pretax Margin
-13.43%

Debt

Sales & Book Value

Annual Sales
$541.13 million
Book Value
$2.13 per share

Miscellaneous

Free Float
106,285,000
Market Cap
$4.80 billion
Optionable
Optionable
Beta
1.35

Key Executives














TENB Stock - Frequently Asked Questions

Should I buy or sell Tenable stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last twelve months. There are currently 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Tenable stock.
View analyst ratings for Tenable
or view top-rated stocks.

What is Tenable's stock price forecast for 2022?

16 brokers have issued 1 year price targets for Tenable's stock. Their TENB stock forecasts range from $45.00 to $75.00. On average, they predict Tenable's stock price to reach $56.87 in the next year. This suggests a possible upside of 32.2% from the stock's current price.
View analysts' price targets for Tenable
or view top-rated stocks among Wall Street analysts.

How has Tenable's stock performed in 2022?

Tenable's stock was trading at $55.07 at the start of the year. Since then, TENB stock has decreased by 21.9% and is now trading at $43.02.
View the best growth stocks for 2022 here
.

When is Tenable's next earnings date?

Tenable is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our earnings forecast for Tenable
.

How were Tenable's earnings last quarter?

Tenable Holdings, Inc. (NASDAQ:TENB) released its quarterly earnings results on Tuesday, October, 26th. The company reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.05. The firm had revenue of $138.66 million for the quarter, compared to the consensus estimate of $134.61 million. Tenable had a negative net margin of 12.97% and a negative trailing twelve-month return on equity of 33.54%. Tenable's revenue for the quarter was up 23.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.05) EPS.

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

Tenable issued an update on its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $0.03-$0.04 for the period, compared to the consensus EPS estimate of $0.04. The company issued revenue guidance of $169.00 million-$171.00 million, compared to the consensus revenue estimate of $171.28 million.

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

144 employees have rated Tenable CEO Amit Yoran on Glassdoor.com. Amit Yoran has an approval rating of 82% among Tenable'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 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.

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 Mirae Asset Global Investments Co. Ltd. (1.01%), Loomis Sayles & Co. L P (0.86%), Victory Capital Management Inc. (0.78%), Kornitzer Capital Management Inc. KS (0.67%), Artemis Investment Management LLP (0.46%) and Junson Asset Management Hong Kong Ltd (0.34%). Company insiders that own Tenable stock include Amit Yoran, Arthur W Coviello Jr, Insight Holdings Group, Llc, Jerry M Kennelly, John C Huffard Jr, Kimberly Hammonds, Linda Kay Zecher, Ping Li, Stephen A Riddick, Stephen A Riddick, Stephen A Vintz and Stephen A Vintz.
View institutional ownership trends for Tenable
.

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 $43.02.

How much money does Tenable make?

Tenable (NASDAQ:TENB) has a market capitalization of $4.80 billion and generates $541.13 million in revenue each year. The company earns $-46,680,000.00 in net income (profit) each year or ($0.72) on an earnings per share basis.

How many employees does Tenable have?

Tenable employs 1,617 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 Tenable 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 8/7/2022 by MarketBeat.com Staff

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