NASDAQ:TENBTenable Stock Price, Forecast & News

Tenable's stock was trading at $20.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TENB stock has increased by 42.4% and is now trading at $29.20. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tenable.

Tenable is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Tenable.

Tenable Holdings Inc (NASDAQ:TENB) issued its quarterly earnings data on Tuesday, April, 28th. The company reported ($0.09) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.19) by $0.10. The firm earned $102.60 million during the quarter, compared to analyst estimates of $100.07 million. Tenable had a negative net margin of 26.68% and a negative return on equity of 76.21%. The firm's revenue was up 27.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.13) earnings per share. View Tenable's earnings history.

Tenable updated its second quarter 2020 After-Hours earnings guidance on Tuesday, April, 28th. The company provided EPS guidance of -0.06--0.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.11. The company issued revenue guidance of $101-103 million, compared to the consensus revenue estimate of $104.22 million.

11 analysts have issued 1-year price targets for Tenable's shares. Their forecasts range from $25.00 to $44.00. On average, they anticipate Tenable's share price to reach $32.91 in the next year. This suggests a possible upside of 12.7% from the stock's current price. View analysts' price targets for Tenable.

News headlines about TENB stock have trended extremely negative this week, according to InfoTrie. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Tenable earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutTenable.

Tenable saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,410,000 shares, a decrease of 13.0% from the April 30th total of 1,620,000 shares. Based on an average daily volume of 559,700 shares, the short-interest ratio is currently 2.5 days. Currently, 2.8% of the company's stock are sold short. View Tenable's Current Options Chain.

Some companies that are related to Tenable include Nice (NICE), Black Knight (BKI), Dynatrace (DT), Alteryx (AYX), UBISOFT ENTMT S/ADR (UBSFY), Ceridian HCM (CDAY), Temenos (TMNSF), Dropbox (DBX), Cloudflare (NET), HubSpot (HUBS), Avalara (AVLR), Guidewire Software (GWRE), PTC (PTC), Trend Micro (TMICY) and Anaplan (PLAN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenable investors own include Netflix (NFLX), Qualys (QLYS), AT&T (T), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Paypal (PYPL), AbbVie (ABBV), salesforce.com (CRM) and Mastercard (MA).

(TENB) raised $166 million in an initial public offering (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 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 many different institutional and retail investors. Top institutional shareholders include Insight Holdings Group LLC (26.37%), Mackenzie Financial Corp (4.29%), Champlain Investment Partners LLC (4.15%), Sylebra Capital Ltd (3.39%), BlackRock Inc. (3.13%) and ETF Managers Group LLC (1.49%). Company insiders that own Tenable stock include Amit Yoran, Jerry M Kennelly, John C Huffard Jr, John Negron, Kimberly Hammonds, 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 JPMorgan Chase & Co., Morgan Stanley, ETF Managers Group LLC, Deutsche Bank AG, Cipher Capital LP, UBS Group AG, Engineers Gate Manager LP, and Cinctive Capital Management LP. Company insiders that have sold Tenable company stock in the last year include Amit Yoran, Jerry M Kennelly, John C Huffard Jr, John Negron, 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 Mackenzie Financial Corp, Champlain Investment Partners LLC, Diker Management LLC, Healthcare of Ontario Pension Plan Trust Fund, Polar Asset Management Partners Inc., SG Americas Securities LLC, AXA, and Pinnacle Associates Ltd.. 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 $29.20.

Tenable has a market capitalization of $2.92 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 1,477 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]