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S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
3rd Massive Dollar Upheaval Has Started (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
3rd Massive Dollar Upheaval Has Started (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
3rd Massive Dollar Upheaval Has Started (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
MUST WATCH: Unusual 3-second financial maneuver (Ad)
NASDAQ:TENB

Tenable - TENB Stock Forecast, Price & News

$44.24
+1.75 (+4.12%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$43.47
$45.43
50-Day Range
$37.84
$52.80
52-Week Range
$36.67
$63.61
Volume
812,711 shs
Average Volume
1.18 million shs
Market Capitalization
$4.94 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
28.5% 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
0.04mentions of Tenable in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$4.37 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

72nd out of 653 stocks

Prepackaged Software Industry

13th out of 226 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.

Analysts Set New Price Targets

TENB has been the topic of a number of analyst reports. BTIG Research decreased their price objective on Tenable from $73.00 to $58.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 27th. DA Davidson decreased their price objective on Tenable from $75.00 to $53.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 27th. Barclays decreased their price objective on Tenable from $58.00 to $45.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 27th. The Goldman Sachs Group decreased their price objective on Tenable from $71.00 to $61.00 and set a "buy" rating on the stock in a research note on Tuesday, August 2nd. Finally, Piper Sandler decreased their price objective on Tenable from $72.00 to $65.00 in a research note on Wednesday, July 13th. Sixteen equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $56.87.

Tenable Price Performance

Shares of TENB traded up $1.75 during midday trading on Wednesday, reaching $44.24. The stock had a trading volume of 812,711 shares, compared to its average volume of 1,183,969. Tenable has a 52 week low of $36.67 and a 52 week high of $63.61. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.47 and a quick ratio of 1.47. The firm's 50 day moving average price is $46.39 and its 200-day moving average price is $50.47. The company has a market capitalization of $4.94 billion, a P/E ratio of -61.44 and a beta of 1.35.

Insider Buying and Selling

In related news, General Counsel Stephen A. Riddick sold 1,534 shares of Tenable 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 transaction, the general counsel now directly owns 43,800 shares in the company, valued at approximately $1,920,630. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Stephen A. Vintz sold 2,858 shares of Tenable stock in a transaction on Wednesday, May 18th. The stock was sold at an average price of $43.85, for a total value of $125,323.30. Following the transaction, the chief financial officer now directly owns 129,880 shares in the company, valued at approximately $5,695,238. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Stephen A. Riddick sold 1,534 shares of Tenable stock in a transaction on Wednesday, May 18th. The shares were sold at an average price of $43.85, for a total value of $67,265.90. Following the transaction, the general counsel now owns 43,800 shares in the company, valued at approximately $1,920,630. The disclosure for this sale can be found here. Insiders have sold 92,795 shares of company stock worth $4,368,491 in the last three months. 4.80% of the stock is currently 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
8/10/2022
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
+28.5%
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
$2.00 per share

Miscellaneous

Free Float
106,285,000
Market Cap
$4.94 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" TENB shares.
View TENB analyst ratings
or view top-rated stocks.

What is Tenable's stock price forecast for 2022?

16 analysts have issued 1 year target prices for Tenable's stock. Their TENB share price forecasts range from $45.00 to $75.00. On average, they predict the company's stock price to reach $56.87 in the next twelve months. This suggests a possible upside of 28.5% 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 at the beginning of 2022. Since then, TENB stock has decreased by 19.7% and is now trading at $44.24.
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 quarterly earnings data on Tuesday, October, 26th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.05. The firm had revenue of $138.66 million for the quarter, compared to analysts' expectations 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 quarterly revenue was up 23.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.05) EPS.

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 earnings per share (EPS) guidance of $0.03-$0.04 for the period, compared to the consensus earnings per share 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 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 retail and institutional investors. Top institutional shareholders include Mackenzie Financial Corp (2.49%), Pictet Asset Management SA (2.35%), Mirae Asset Global Investments Co. Ltd. (1.01%), Loomis Sayles & Co. L P (0.86%), Victory Capital Management Inc. (0.78%) and Kornitzer Capital Management Inc. KS (0.67%). 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 $44.24.

How much money does Tenable make?

Tenable (NASDAQ:TENB) has a market capitalization of $4.94 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 8/11/2022 by MarketBeat.com Staff

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