Tenable Stock Forecast, Price & News

Tenable's stock was trading at $20.51 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TENB stock has increased by 82.2% and is now trading at $37.37.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Tenable or view MarketBeat's top 5 stock picks.

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Tenable is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Tenable.

Tenable Holdings, Inc. (NASDAQ:TENB) released its quarterly earnings results on Tuesday, October, 27th. The company reported $0.09 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.12) by $0.21. Tenable had a negative return on equity of 68.33% and a negative net margin of 22.79%.
View Tenable's earnings history.

Tenable issued an update on its FY20 earnings guidance on Tuesday, October, 27th. The company provided earnings per share (EPS) guidance of $0.11-$0.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.02. The company issued revenue guidance of $435.1-$437.1 million, compared to the consensus revenue estimate of $431.34 million.

10 brokerages have issued 1 year target prices for Tenable's shares. Their forecasts range from $29.00 to $50.00. On average, they anticipate Tenable's share price to reach $42.00 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price.
View analysts' price targets for Tenable.

Tenable saw a increase in short interest in October. As of October 30th, there was short interest totaling 3,260,000 shares, an increase of 59.8% from the October 15th total of 2,040,000 shares. Based on an average daily volume of 877,600 shares, the short-interest ratio is currently 3.7 days. Currently, 4.6% of the company's shares are short sold.
View Tenable's Short Interest.

Some companies that are related to Tenable include NICE (NICE), Black Knight (BKI), Ceridian HCM (CDAY), Avalara (AVLR), PTC (PTC), Nuance Communications (NUAN), Ubisoft Entertainment (UBSFY), Symantec (SYMC), NortonLifeLock (NLOK), Dynatrace (DT), Paylocity (PCTY), Guidewire Software (GWRE), Elastic (ESTC), Bill.com (BILL) and Appian (APPN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Tenable investors own include NVIDIA (NVDA), AT&T (T), Tesla (TSLA), The Boeing (BA), salesforce.com (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 a price of $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.

Tenable trades on the NASDAQ under the ticker symbol "TENB."

Tenable's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.77%), Champlain Investment Partners LLC (3.23%), State Street Corp (1.36%), First Trust Advisors LP (1.17%), Toronado Partners LLC (0.84%) and Allianz Asset Management GmbH (0.64%). Company insiders that own Tenable stock include Amit Yoran, Arthur W Coviello Jr, Insight Holdings Group, Llc, Jerry M Kennelly, John C Huffard Jr, John Negron, Kimberly Hammonds, Linda Kay Zecher, Ping Li, Stephen A Riddick and Stephen A Vintz.
View institutional ownership trends for Tenable.

TENB stock was sold by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, JPMorgan Chase & Co., Aigen Investment Management LP, Assenagon Asset Management S.A., The Manufacturers Life Insurance Company, Federated Hermes Inc., Robeco Institutional Asset Management B.V., and ExodusPoint Capital Management LP. Company insiders that have sold Tenable company stock in the last year include Amit Yoran, Arthur W Coviello Jr, Insight Holdings Group, Llc, Jerry M Kennelly, Kimberly Hammonds, Linda Kay Zecher, Ping Li, Stephen A Riddick, and Stephen A Vintz.
View insider buying and selling activity for Tenable.

TENB stock was bought by a variety of institutional investors in the last quarter, including Toronado Partners LLC, BlackRock Inc., First Trust Advisors LP, Kornitzer Capital Management Inc. KS, Fuller & Thaler Asset Management Inc., Allianz Asset Management GmbH, State Street Corp, and Morgan Stanley.
View insider buying and selling activity for Tenable.

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 $37.37.

Tenable has a market capitalization of $3.85 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 1,373 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]