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S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Blowout Earnings Reports That Could Mark Turning Points
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Companies facing 1st tax on stock buybacks in Biden bill
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
What's in big Biden bill? Health, climate goals become law
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Blowout Earnings Reports That Could Mark Turning Points
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Companies facing 1st tax on stock buybacks in Biden bill
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
What's in big Biden bill? Health, climate goals become law
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Blowout Earnings Reports That Could Mark Turning Points
He's Giving Away His Ultimate Dividend Package FOR FREE! (Ad)pixel
Companies facing 1st tax on stock buybacks in Biden bill
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
What's in big Biden bill? Health, climate goals become law
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
NASDAQ:TENB

Tenable - TENB Stock Forecast, Price & News

$43.85
-0.47 (-1.06%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$42.63
$44.45
50-Day Range
$37.84
$51.82
52-Week Range
$36.67
$63.61
Volume
467,063 shs
Average Volume
1.17 million shs
Market Capitalization
$4.90 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
29.7% 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
-0.18mentions of Tenable in the last 14 days
Based on 8 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.

2.83 out of 5 stars

Computer And Technology Sector

85th out of 664 stocks

Prepackaged Software Industry

16th out of 231 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.

Wall Street Analyst Weigh In

Several research analysts recently commented on TENB shares. Canaccord Genuity Group boosted their price target on Tenable from $62.00 to $75.00 and gave the stock a "buy" rating in a research note on Thursday, April 21st. Wells Fargo & Company cut their price target on Tenable from $57.00 to $50.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 27th. Canaccord Genuity Group cut their price target on Tenable from $65.00 to $56.00 in a research note on Wednesday, July 27th. Stifel Nicolaus boosted their price target on Tenable from $63.00 to $66.00 in a research note on Wednesday, April 27th. Finally, Piper Sandler lowered their price objective on Tenable from $72.00 to $65.00 in a report on Wednesday, July 13th. Sixteen investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Tenable currently has a consensus rating of "Buy" and a consensus price target of $56.87.

Tenable Stock Performance

Shares of TENB Stock opened at $43.85 on Wednesday. Tenable has a 12-month low of $36.67 and a 12-month high of $63.61. The firm has a market capitalization of $4.90 billion, a price-to-earnings ratio of -60.90 and a beta of 1.35. The business has a 50 day simple moving average of $45.73 and a 200 day simple moving average of $50.41. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.47 and a quick ratio of 1.47.

Tenable (NASDAQ:TENB - Get Rating) last issued 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). Tenable had a negative return on equity of 33.54% and a negative net margin of 12.97%. The business had revenue of $164.34 million during the quarter, compared to the consensus estimate of $163.47 million. On average, equities research analysts anticipate that Tenable will post -0.51 EPS for the current year.

Insider Buying and Selling

In related news, CEO Amit Yoran sold 14,880 shares of the stock in a transaction that occurred on Friday, May 20th. The stock was sold at an average price of $47.96, for a total value of $713,644.80. Following the completion of the transaction, the chief executive officer now directly owns 91,046 shares of the company's stock, valued at approximately $4,366,566.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Tenable news, Director Linda Kay Zecher sold 2,223 shares of the company's stock in a transaction that occurred on Wednesday, August 10th. The stock was sold at an average price of $45.00, for a total value of $100,035.00. Following the completion of the sale, the director now directly owns 12,922 shares in the company, valued at $581,490. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Amit Yoran sold 14,880 shares of the company's stock in a transaction that occurred on Friday, May 20th. The stock was sold at an average price of $47.96, for a total value of $713,644.80. Following the completion of the sale, the chief executive officer now owns 91,046 shares of the company's stock, valued at $4,366,566.16. The disclosure for this sale can be found here. Insiders sold 77,003 shares of company stock valued at $3,642,150 in the last three months. 4.80% of the stock is currently owned by corporate insiders.

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TENB Stock News Headlines

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Brokerages Set Tenable Holdings, Inc. (NASDAQ:TENB) PT at $56.87
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Tenable (NASDAQ:TENB) PT Lowered to $57.00 at Wedbush
See More Headlines
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TENB Company Calendar

Last Earnings
7/26/2022
Today
8/17/2022
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
+29.7%
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
$4.90 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 research analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 16 buy ratings for the stock. The consensus among Wall Street research 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 brokerages have issued 1 year 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 $56.87 in the next year. This suggests a possible upside of 29.7% 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 the year. Since then, TENB shares have decreased by 20.4% and is now trading at $43.85.
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 results on Tuesday, July, 26th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.12. The company earned $164.34 million during the quarter, compared to the consensus estimate 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 guidance of $0.03-$0.04 for the period, compared to the consensus EPS 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 acted 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 institutional and retail 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 $43.85.

How much money does Tenable make?

Tenable (NASDAQ:TENB) has a market capitalization of $4.90 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 8/17/2022 by MarketBeat.com Staff

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