Tenable (TENB) Stock Forecast, Price & News

16 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 11 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.

16 brokers have issued 1 year target prices for Tenable's stock. Their TENB share price forecasts range from $32.00 to $61.00. On average, they predict the company's stock price to reach $48.40 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for TENB or view top-rated stocks among Wall Street analysts.

Tenable's stock was trading at $38.15 at the beginning of 2023. Since then, TENB stock has increased by 6.5% and is now trading at $40.62.
View the best growth stocks for 2023 here.

Tenable saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,700,000 shares, a decrease of 24.8% from the April 30th total of 3,590,000 shares. Based on an average daily trading volume, of 936,600 shares, the days-to-cover ratio is presently 2.9 days.
View Tenable's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our TENB earnings forecast.

Tenable Holdings, Inc. (NASDAQ:TENB) issued its earnings results on Monday, April, 24th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.08. The company earned $188.84 million during the quarter, compared to analyst estimates of $187.14 million. Tenable had a negative net margin of 13.02% and a negative trailing twelve-month return on equity of 30.21%. The firm's revenue for the quarter was up 18.5% on a year-over-year basis. During the same period last year, the company earned ($0.17) EPS.

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

Tenable updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $0.12-$0.13 for the period, compared to the consensus estimate of $0.10. The company issued revenue guidance of $189.00 million-$191.00 million, compared to the consensus revenue estimate of $193.75 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 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 trades on the NASDAQ under the ticker symbol "TENB."

Tenable's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (9.10%), BlackRock Inc. (8.92%), Greenvale Capital LLP (3.71%), RGM Capital LLC (3.11%), First Trust Advisors LP (3.04%) and Mackenzie Financial Corp (2.43%). 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, Raymond Jr Vicks, Stephen A Riddick, Stephen A Riddick, Stephen A Vintz and Stephen A Vintz.
View institutional ownership trends.

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.

One share of TENB stock can currently be purchased for approximately $40.62.

Tenable (NASDAQ:TENB) has a market capitalization of $4.66 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.