Tenable - TENB Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TENB shares.
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17 equities research analysts have issued twelve-month target prices for Tenable's stock. Their TENB share price forecasts range from $32.00 to $75.00. On average, they predict the company's stock price to reach $53.31 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price.
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Tenable's stock was trading at $38.15 at the beginning of 2023. Since then, TENB stock has increased by 17.6% and is now trading at $44.85.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
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Tenable Holdings, Inc. (NASDAQ:TENB) issued its quarterly earnings results on Tuesday, February, 7th. The company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by $0.02. The business earned $184.63 million during the quarter, compared to analyst estimates of $181.62 million. Tenable had a negative trailing twelve-month return on equity of 30.75% and a negative net margin of 13.50%.

ETFs with the largest weight of Tenable (NASDAQ:TENB) stock in their portfolio include Global X Cybersecurity ETF (BUG), WisdomTree Cybersecurity Fund (WCBR), iShares Cybersecurity and Tech ETF (IHAK), First Trust NASDAQ Cybersecurity ETF (CIBR), ETFMG Prime Cyber Security ETF (HACK), SPDR Kensho Future Security ETF (FITE), WisdomTree Cloud Computing Fund (WCLD) and SPDR FactSet Innovative Technology ETF (XITK).

Tenable updated its FY23 earnings guidance on Tuesday, February, 7th. The company provided earnings per share guidance of $0.52-$0.56 for the period, compared to the consensus EPS estimate of $0.50. The company issued revenue guidance of $800-$810 million, compared to the consensus revenue estimate of $815.83 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 retail and institutional investors. Top institutional investors include First Trust Advisors LP (3.62%), RGM Capital LLC (3.14%), Mackenzie Financial Corp (2.48%), Geode Capital Management LLC (1.85%), Voya Investment Management LLC (1.31%) and American Century Companies Inc. (1.29%). Insiders that own company stock include Amit Yoran, Arthur W Coviello Jr, George Alex Tosheff, 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 $44.85.

Tenable (NASDAQ:TENB) has a market capitalization of $5.10 billion and generates $683.19 million in revenue each year. The company earns $-92,220,000.00 in net income (profit) each year or ($0.83) on an earnings per share basis.

The company employs 1,900 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.