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Target takes a hit after heavy discounts to clear inventory
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S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Which Semiconductor Stocks Are Ready For Big Price Moves?
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
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US to hold trade talks with Taiwan, island drills military
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Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
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Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Big Potential Stock For 2022 (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Which Semiconductor Stocks Are Ready For Big Price Moves?
Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
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US to hold trade talks with Taiwan, island drills military
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Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium (Ad)
Wind energy boom and golden eagles collide in the US West
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Big Potential Stock For 2022 (Ad)
NASDAQ:TENB

Tenable - TENB Stock Forecast, Price & News

$42.42
-1.43 (-3.26%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$41.36
$43.12
50-Day Range
$37.84
$51.82
52-Week Range
$36.67
$63.61
Volume
1.05 million shs
Average Volume
1.12 million shs
Market Capitalization
$4.74 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
34.1% Upside
$56.87 Price Target
Short Interest
Healthy
2.82% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.59
Upright™ Environmental Score
News Sentiment
-0.07mentions of Tenable in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$4.28 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.

2.78 out of 5 stars

Computer And Technology Sector

85th out of 667 stocks

Prepackaged Software Industry

16th out of 233 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.

Tenable Price Performance

TENB Stock traded down $1.43 on Wednesday, reaching $42.42. The company had a trading volume of 1,045,948 shares, compared to its average volume of 1,169,421. 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 1.47 and a current ratio of 1.47. The company's fifty day moving average is $45.55 and its 200 day moving average is $50.35. The company has a market cap of $4.74 billion, a P/E ratio of -58.92 and a beta of 1.35.

Tenable (NASDAQ:TENB - Get Rating) last posted its earnings results on Tuesday, July 26th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.12). Tenable had a negative net margin of 12.97% and a negative return on equity of 33.54%. The company had revenue of $164.34 million during the quarter, compared to analysts' expectations of $163.47 million. On average, research analysts forecast that Tenable will post -0.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TENB has been the topic of several recent research reports. BTIG Research dropped their price target on Tenable from $73.00 to $58.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 27th. Canaccord Genuity Group lowered their price objective on Tenable from $65.00 to $56.00 in a report on Wednesday, July 27th. The Goldman Sachs Group lowered their price objective on Tenable from $71.00 to $61.00 and set a "buy" rating on the stock in a report on Tuesday, August 2nd. Stifel Nicolaus lifted their price objective on Tenable from $63.00 to $66.00 in a report on Wednesday, April 27th. Finally, Wells Fargo & Company lowered their price objective on Tenable from $57.00 to $50.00 and set an "overweight" rating on the stock in a report on Wednesday, July 27th. Sixteen research analysts have rated the stock with a buy rating, According to data from MarketBeat, Tenable has an average rating of "Buy" and an average target price of $56.87.

Insider Activity at Tenable

In related news, Director Jerry M. Kennelly sold 10,000 shares of the company's stock in a transaction that occurred on Monday, August 15th. The stock was sold at an average price of $44.11, for a total value of $441,100.00. Following the sale, the director now owns 11,639 shares of the company's stock, valued at approximately $513,396.29. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Tenable news, Director Jerry M. Kennelly sold 10,000 shares of the business's stock in a transaction on Monday, August 15th. The stock was sold at an average price of $44.11, for a total value of $441,100.00. Following the completion of the transaction, the director now directly owns 11,639 shares in the company, valued at approximately $513,396.29. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Linda Kay Zecher sold 2,223 shares of the business's stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $45.00, for a total value of $100,035.00. Following the completion of the transaction, the director now owns 12,922 shares of the company's stock, valued at $581,490. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 87,003 shares of company stock valued at $4,083,250. 4.80% of the stock is owned by corporate insiders.

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TENB Stock News Headlines

Brokerages Set Tenable Holdings, Inc. (NASDAQ:TENB) PT at $56.87
Tenable (NASDAQ:TENB) PT Lowered to $57.00 at Wedbush
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TENB Company Calendar

Last Earnings
7/26/2022
Today
8/18/2022
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
+34.1%
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
$4.74 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 research analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TENB shares.
View TENB analyst ratings
or view top-rated stocks.

What is Tenable's stock price forecast for 2022?

16 analysts have issued twelve-month price objectives for Tenable's shares. Their TENB share price forecasts range from $45.00 to $75.00. On average, they expect the company's share price to reach $56.87 in the next year. This suggests a possible upside of 34.1% from the stock's current price.
View analysts price targets for TENB
or view top-rated stocks among Wall Street analysts.

How have TENB shares performed in 2022?

Tenable's stock was trading at $55.07 on January 1st, 2022. Since then, TENB shares have decreased by 23.0% and is now trading at $42.42.
View the best growth stocks for 2022 here
.

When is Tenable's next earnings date?

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

How were Tenable's earnings last quarter?

Tenable Holdings, Inc. (NASDAQ:TENB) posted its earnings results on Tuesday, July, 26th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.12. The business had revenue of $164.34 million for the quarter, compared to analysts' expectations of $163.47 million. Tenable had a negative trailing twelve-month return on equity of 33.54% and a negative net margin of 12.97%.

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

Tenable updated 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 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 Chief Executive Officer Amit Yoran on Glassdoor.com. Amit Yoran has an approval rating of 82% among the company'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 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.

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 many different institutional and retail investors. Top institutional shareholders include FMR LLC (10.43%), RGM Capital LLC (2.55%), Mackenzie Financial Corp (2.49%), Pictet Asset Management SA (2.35%), State Street Corp (1.96%) and Macquarie Group Ltd. (1.05%). Insiders that own company 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
.

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 $42.42.

How much money does Tenable make?

Tenable (NASDAQ:TENB) has a market capitalization of $4.74 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?

The company 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 the company 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 8/18/2022 by MarketBeat.com Staff

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