NASDAQ:TENB

Tenable - TENB Stock Forecast, Price & News

$34.56

-0.14 (-0.40%)

(As of 09/26/2022 12:00 AM ET)

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Today's Range: $33.73
▼
$35.25
50-Day Range: $34.56
▼
$50.11
52-Week Range: $33.72
▼
$63.61

Volume: 1.13 million shs
Average Volume: 856,131 shs
Market Capitalization: $3.86 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $56.77

Tenable MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 64.3% Upside
$56.77 Price Target
Short Interest: Healthy
2.08% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.59
Upright™ Environmental Score
News Sentiment: -0.02
Based on 4 Articles This Week
Insider Trading: Selling Shares
$2.87 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.

2.68 out of 5 stars

Computer And Technology Sector

181st out of 629 stocks

Prepackaged Software Industry

42nd out of 226 stocks

4.5

Analyst's Opinion

Consensus Rating
Tenable has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 14 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $56.77, Tenable has a forecasted upside of 64.3% from its current price of $34.56.
Amount of Analyst Coverage
Tenable has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
2.08% of the outstanding shares of Tenable have been sold short.
Short Interest Ratio / Days to Cover
Tenable has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Tenable has recently decreased by 2.52%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Tenable does not currently pay a dividend.
Dividend Growth
Tenable does not have a long track record of dividend growth.

3.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Tenable has received a 53.21% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Cybersecurity management systems", "Cybersecurity assesment software", and "Cybersecurity consulting services" products. See details.
Environmental Sustainability
The Environmental Impact score for Tenable is -0.59.

1.7

News and Social Media Coverage

News Sentiment
Tenable has a news sentiment score of -0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Tenable this week, compared to 5 articles on an average week.
Search Interest
8 people have searched for TENB on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Tenable to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tenable insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,873,243.00 in company stock.
Percentage Held by Insiders
Only 4.80% of the stock of Tenable is held by insiders.
Percentage Held by Institutions
87.67% of the stock of Tenable is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Tenable are expected to grow in the coming year, from ($0.51) to ($0.37) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tenable is -48.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tenable is -48.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Tenable has a P/B Ratio of 17.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

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TENB Stock News Headlines

September 26, 2022 | bbc.com

Tom Hollis: Hot tub row councillor removed as deputy leader - BBC

September 20, 2022 | fool.com

1 Significant Risk of Investing In Okta - The Motley Fool

September 20, 2022 | globenewswire.com

Tenable Appoints Technology Industry Veteran Patricia Grant to Chief Information Officer - GlobeNewswire

September 19, 2022 | ft.com

Uber blames hacking group Lapsus$ for cyber attack - Financial Times

September 18, 2022 | nasdaq.com

The 7 Best Investments to Buy Before September Ends - Nasdaq

September 15, 2022 | investorplace.com

7 Growth Stocks to Buy for Big Gains in Q4 - InvestorPlace

September 14, 2022 | investorplace.com

7 Small-Cap Stocks to Buy Before September Ends - InvestorPlace

September 13, 2022 | msn.com

ITV axes five popular TV shows on Wednesday as Queen's death coverage enters sixth day - msnNOW

September 6, 2022 | globenewswire.com

Tenable to Participate in Upcoming Investor Conference - GlobeNewswire

September 3, 2022 | nasdaq.com

Relative Strength Alert For Tenable Holdings

September 1, 2022 | finance.yahoo.com

Despite shrinking by US$236m in the past week, Tenable Holdings (NASDAQ:TENB) shareholders are still up 68% over 3 years

August 31, 2022 | streetinsider.com

Next Generation of Telos' Cyber Risk Management Platform Enables Financial Expression of Cyber Risks and Accelerates Workflow Automation - StreetInsider.com

August 31, 2022 | finance.yahoo.com

Xage Appoints Chief Revenue Officer and Vice President of Federal - Yahoo Finance

August 29, 2022 | markets.businessinsider.com

Europe's energy crisis could make winters 'terrible' for next 10 years - Markets Insider

August 27, 2022 | nasdaq.com

Should You Investigate Tenable Holdings, Inc. (NASDAQ:TENB) At US$41.62? - Nasdaq

August 24, 2022 | nasdaq.com

First Week of TENB October 21st Options Trading

August 23, 2022 | bizjournals.com

Cory Bullock | People on The Move - Washington Business Journal - The Business Journals

August 19, 2022 | finance.yahoo.com

Black Hat USA 2022 Closes on a Record Breaking Event in Las Vegas & Online - Yahoo Finance

August 14, 2022 | seekingalpha.com

Tenable Q2 Earnings: Recent Pullback Provides Attractive Buying Opportunity (NASDAQ:TENB) - Seeking Alpha

August 11, 2022 | benzinga.com

Board Member Of Tenable Holdings Makes $100K Sale - Benzinga

August 10, 2022 | washingtonpost.com

Analysis | The Omicron BA.5 Wave Is Starting to Ebb. We Need to Know Why. - The Washington Post

August 10, 2022 | globenewswire.com

New Tenable Cloud Security Agentless Assessment with Live Results Provides Near Real-time Detection of Zero-day Threats - GlobeNewswire

August 5, 2022 | nasdaq.com

Wall Street Loves This Cybersecurity Growth Stock -- Here's Why It's a Buy Now

August 4, 2022 | fool.com

Wall Street Loves This Cybersecurity Growth Stock -- Here's Why It's a Buy Now - The Motley Fool

July 27, 2022 | benzinga.com

Tenable shares are trading lower after the company issued Q3 sales guidance below estimates. Also, multip - Benzinga

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TENB Company Calendar

Last Earnings: 7/26/2022
Today: 9/26/2022
Next Earnings (Estimated): 10/25/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:TENB
CUSIP: N/A
CIK: 1660280
Web: www.tenable.com
Phone: (410) 872-0555
Fax: N/A
Employees: 1,617
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $56.77
High Stock Price Forecast: $75.00
Low Stock Price Forecast: $45.00
Forecasted Upside/Downside: +64.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.72)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-46,680,000.00
Net Margins: -12.97%
Pretax Margin: -13.43%
Return on Equity: -33.54%
Return on Assets: -5.99%

Debt

Debt-to-Equity Ratio: 1.53
Current Ratio: 1.47
Quick Ratio: 1.47

Sales & Book Value

Annual Sales: $541.13 million
Price / Sales: 7.13
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.00 per share
Price / Book: 17.28

Miscellaneous

Outstanding Shares: 111,640,000
Free Float: 106,285,000
Market Cap: $3.86 billion
Optionable: Optionable
Beta: 1.32

Key Executives

Dr. Amit Yoran Ph.D. (Age 51)
Chairman, Pres & CEO
Comp: $980.66k

Mr. John C. Huffard Jr. (Age 54)
Co-Founder & Director
Comp: $35k

Mr. Stephen A. Vintz (Age 53)
Chief Financial Officer
Comp: $790.19k

Mr. Stephen A. Riddick J.D. (Age 58)
Gen. Counsel & Corp. Sec.
Comp: $563.45k

Mr. Renaud M. Deraison (Age 42)
CTO & Co-Founder

Mr. Mark Thurmond
Chief Operating Officer

Mr. Bradley T. Pollard (Age 48)
Chief Information Officer

Ms. Andrea DiMarco
Head of Investor Relations

Ms. Michela Stribling
Chief Communications Officer

Mr. C. Matthew Olton (Age 56)
Sr. VP of Corp. Devel. & Strategy

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TENB Stock - Frequently Asked Questions

Should I buy or sell Tenable stock right now?: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last twelve months. There are currently 14 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?: 14 brokers have issued twelve-month target prices for Tenable's shares. Their TENB share price forecasts range from $45.00 to $75.00. On average, they anticipate the company's stock price to reach $56.77 in the next twelve months. This suggests a possible upside of 64.3% 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 start of the year. Since then, TENB shares have decreased by 37.2% and is now trading at $34.56.
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) released its quarterly earnings data 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. The firm had revenue of $164.34 million for the quarter, compared to analysts' expectations of $163.47 million. Tenable had a negative net margin of 12.97% and a negative trailing twelve-month return on equity of 33.54%.
What guidance has Tenable issued on next quarter's earnings?: Tenable issued an update on 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 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 variety of retail and institutional investors. Top institutional investors 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 $34.56.
How much money does Tenable make?: Tenable (NASDAQ:TENB) has a market capitalization of $3.86 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 9/27/2022 by MarketBeat.com Staff

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Tenable - TENB Stock Forecast, Price & News

Tenable MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows