Recent Analysts’ Ratings Changes for Tenable (TENB)

A number of firms have modified their ratings and price targets on shares of Tenable (NASDAQ: TENB) recently:

• 5/1/2025 – Tenable was downgraded by analysts at Stephens from a “strong-buy” rating to a “hold” rating.
• 4/30/2025 – Tenable had its price target lowered by analysts at Scotiabank from $45.00 to $30.00. They now have a “sector perform” rating on the stock.
• 4/30/2025 – Tenable had its price target lowered by analysts at Wells Fargo & Company from $50.00 to $40.00. They now have an “overweight” rating on the stock.
• 4/30/2025 – Tenable had its price target lowered by analysts at Robert W. Baird from $44.00 to $40.00. They now have an “outperform” rating on the stock.
• 4/30/2025 – Tenable had its price target lowered by analysts at DA Davidson from $45.00 to $28.00. They now have a “neutral” rating on the stock.
• 4/30/2025 – Tenable had its “hold” rating reaffirmed by analysts at Westpark Capital.
• 4/30/2025 – Tenable had its price target lowered by analysts at Stifel Nicolaus from $45.00 to $30.00. They now have a “hold” rating on the stock.
• 4/30/2025 – Tenable had its price target lowered by analysts at Barclays PLC from $40.00 to $33.00. They now have an “equal weight” rating on the stock.
• 4/30/2025 – Tenable had its price target lowered by analysts at UBS Group AG from $47.00 to $40.00. They now have a “buy” rating on the stock.
• 4/30/2025 – Tenable had its price target lowered by analysts at Needham & Company LLC from $50.00 to $35.00. They now have a “buy” rating on the stock.
• 4/28/2025 – Tenable had its price target lowered by analysts at JPMorgan Chase & Co. from $53.00 to $43.00. They now have an “overweight” rating on the stock.
• 4/23/2025 – Tenable had its price target lowered by analysts at UBS Group AG from $55.00 to $47.00. They now have a “buy” rating on the stock.
• 4/16/2025 – Tenable had its price target lowered by analysts at Morgan Stanley from $40.00 to $30.00. They now have an “equal weight” rating on the stock.
• 4/14/2025 – Tenable had its price target lowered by analysts at Barclays PLC from $48.00 to $40.00. They now have an “equal weight” rating on the stock.
• 4/1/2025 – Tenable is now covered by analysts at Stephens. They set an “equal weight” rating and a $42.00 price target on the stock.
• 3/31/2025 – Tenable was upgraded by analysts at Stephens to a “strong-buy” rating.
• 3/31/2025 – Tenable is now covered by analysts at Cantor Fitzgerald. They set an “overweight” rating and a $50.00 price target on the stock.
• 3/31/2025 – Tenable had its price target lowered by analysts at Jefferies Financial Group Inc. from $45.00 to $37.00. They now have a “hold” rating on the stock.
• 3/31/2025 – Tenable had its price target lowered by analysts at Truist Financial Co. from $48.00 to $45.00. They now have a “buy” rating on the stock.
• 3/18/2025 – Tenable is now covered by analysts at Morgan Stanley. They set an “equal weight” rating and a $40.00 price target on the stock.

Tenable Stock Up 0.0%

TENB opened at $33.49 on Wednesday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.28 and a quick ratio of 1.28. The business has a 50 day simple moving average of $33.73 and a 200-day simple moving average of $38.37. The stock has a market capitalization of $4.09 billion, a P/E ratio of -111.63 and a beta of 0.83. Tenable Holdings, Inc. has a 12 month low of $28.75 and a 12 month high of $49.18.

Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.28 by $0.08. The business had revenue of $239.14 million during the quarter, compared to analysts’ expectations of $234.12 million. Tenable had a negative return on equity of 2.07% and a negative net margin of 4.03%. The company’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same period last year, the firm earned $0.25 EPS. On average, equities analysts anticipate that Tenable Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Mark C. Thurmond sold 1,341 shares of Tenable stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $39.56, for a total transaction of $53,049.96. Following the completion of the transaction, the chief executive officer now directly owns 41,266 shares of the company’s stock, valued at approximately $1,632,482.96. The trade was a 3.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Stephen A. Vintz sold 6,681 shares of Tenable stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $38.16, for a total value of $254,946.96. Following the transaction, the chief executive officer now directly owns 316,523 shares of the company’s stock, valued at approximately $12,078,517.68. This represents a 2.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,128 shares of company stock valued at $539,256 in the last three months. 1.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Tenable

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Arizona State Retirement System raised its holdings in Tenable by 1.0% during the fourth quarter. Arizona State Retirement System now owns 34,560 shares of the company’s stock worth $1,361,000 after purchasing an additional 332 shares during the last quarter. Summit Investment Advisors Inc. raised its holdings in Tenable by 3.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 12,336 shares of the company’s stock worth $486,000 after purchasing an additional 390 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in Tenable by 3.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 15,650 shares of the company’s stock worth $616,000 after purchasing an additional 450 shares during the last quarter. Xponance Inc. raised its holdings in Tenable by 6.6% during the first quarter. Xponance Inc. now owns 9,021 shares of the company’s stock worth $316,000 after purchasing an additional 562 shares during the last quarter. Finally, Tidal Investments LLC increased its position in Tenable by 1.8% during the fourth quarter. Tidal Investments LLC now owns 32,082 shares of the company’s stock worth $1,263,000 after buying an additional 564 shares in the last quarter. 89.06% of the stock is owned by institutional investors and hedge funds.

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 Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization’s IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities.