NASDAQ:TENBTenable Stock Price, Forecast & News

Tenable's stock was trading at $20.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TENB shares have increased by 44.2% and is now trading at $29.57. 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) announced its quarterly earnings data 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 business earned $102.60 million during the quarter, compared to the consensus estimate of $100.07 million. Tenable had a negative return on equity of 76.21% and a negative net margin of 26.68%. The firm's revenue was up 27.8% on a year-over-year basis. During the same period last year, the firm posted ($0.13) earnings per share. View Tenable's earnings history.

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

11 equities research analysts have issued 12 month price targets for Tenable's stock. Their forecasts range from $25.00 to $44.00. On average, they anticipate Tenable's stock price to reach $33.36 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View analysts' price targets for Tenable.

News articles about TENB stock have been trending negative on Tuesday, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Tenable earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. 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 trading volume, of 761,300 shares, the days-to-cover ratio is currently 2.5 days. Currently, 3.6% of the shares of the stock are short sold. View Tenable's Current Options Chain.

Some companies that are related to Tenable include Alteryx (AYX), Cloudflare (NET), Temenos (TMNSF), Black Knight (BKI), Avalara (AVLR), HubSpot (HUBS), UBISOFT ENTMT S/ADR (UBSFY), Guidewire Software (GWRE), PTC (PTC), Dropbox (DBX), Fastly (FSLY), Elastic (ESTC), Paylocity (PCTY), Trend Micro (TMICY) and Nuance Communications (NUAN). 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 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 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."

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 $29.57.

Tenable has a market capitalization of $2.96 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]