Tenable - TENB Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last twelve months. There are currently 2 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TENB shares.
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16 analysts have issued twelve-month target prices for Tenable's shares. Their TENB share price forecasts range from $32.00 to $75.00. On average, they anticipate the company's stock price to reach $51.60 in the next year. This suggests a possible upside of 35.3% from the stock's current price.
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Tenable's stock was trading at $55.07 at the start of the year. Since then, TENB shares have decreased by 30.8% and is now trading at $38.13.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
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Tenable Holdings, Inc. (NASDAQ:TENB) released its quarterly earnings data on Tuesday, October, 26th. The company reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.05. The business had revenue of $138.66 million for the quarter, compared to analyst estimates of $134.61 million. Tenable had a negative net margin of 12.63% and a negative trailing twelve-month return on equity of 32.47%. The company's quarterly revenue was up 23.5% compared to the same quarter last year. During the same period last year, the business earned ($0.05) EPS.

Tenable updated its fourth quarter 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share (EPS) guidance of $0.06-$0.07 for the period, compared to the consensus estimate of $0.05. The company issued revenue guidance of $180.00 million-$182.00 million, compared to the consensus revenue estimate of $182.48 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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.76%), BlackRock Inc. (7.95%), First Trust Advisors LP (3.36%), RGM Capital LLC (2.78%), Mackenzie Financial Corp (2.47%) and State Street Corp (2.06%). Insiders that own company stock include Amit Yoran, Arthur W Coviello Jr, Insight Holdings Group, Llc, Jerry M Kennelly, Kimberly Hammonds, Linda Kay Zecher, Mark C Thurmond, Ping Li, Stephen A Riddick, Stephen A Riddick, Stephen A Vintz and Stephen A Vintz.
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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.
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One share of TENB stock can currently be purchased for approximately $38.13.

Tenable (NASDAQ:TENB) has a market capitalization of $4.29 billion and generates $541.13 million in revenue each year. The company earns $-46,680,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis.

The company employs 1,617 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.