Tenable Holdings (TENB) Stock Overview
Provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
TENB Community Fair Values
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Analyst Price Targets
Tenable Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$36.17 |
| 52 Week High | US$43.67 |
| 52 Week Low | US$15.73 |
| Beta | 0.94 |
| 1 Month Change | -10.96% |
| 3 Month Change | 65.69% |
| 1 Year Change | 22.94% |
| 3 Year Change | -21.88% |
| 5 Year Change | -14.11% |
| Change since IPO | 19.57% |
Recent News & Updates
Narrative Update • Aug 05
TENB: AI Vulnerability Surge Will Expose Slower Execution Risk
The updated analyst price target for Tenable Holdings has been lowered to $23 from $29 as analysts balance recent Q2 strength and interest in the Tenable One platform and AI driven vulnerability demand with more cautious assumptions for revenue growth, profitability and future P/E multiples. Analyst Commentary Recent Street research on Tenable Holdings presents a mixed picture, with some firms lifting price targets and others turning more cautious after the latest Q2 update and investor communications.Seeking Alpha • Aug 03
Tenable: Great Opportunity To 'Buy' The Dip As Backlog Grows
Summary Tenable offers a compelling 'growth at a reasonable price' opportunity amid a market rotation favoring value and laggard sectors. TENB benefits from AI-driven cybersecurity demand, top-tier partnerships like Anthropic, and a balanced growth/profitability profile with mid-20s operating margins. Despite a recent >20% correction, TENB's Q2 results showed strong backlog growth and improved guidance, supporting a reiterated 'Buy' rating. Valuation remains attractive at 3.4x FY26 EV/revenue and 16.5x FY26 P/E, with further margin and EPS expansion expected into FY27. Read the full article on Seeking AlphaRecent updates
Narrative Update • Aug 05
TENB: AI Vulnerability Surge Will Expose Slower Execution Risk
The updated analyst price target for Tenable Holdings has been lowered to $23 from $29 as analysts balance recent Q2 strength and interest in the Tenable One platform and AI driven vulnerability demand with more cautious assumptions for revenue growth, profitability and future P/E multiples. Analyst Commentary Recent Street research on Tenable Holdings presents a mixed picture, with some firms lifting price targets and others turning more cautious after the latest Q2 update and investor communications.Seeking Alpha • Aug 03
Tenable: Great Opportunity To 'Buy' The Dip As Backlog Grows
Summary Tenable offers a compelling 'growth at a reasonable price' opportunity amid a market rotation favoring value and laggard sectors. TENB benefits from AI-driven cybersecurity demand, top-tier partnerships like Anthropic, and a balanced growth/profitability profile with mid-20s operating margins. Despite a recent >20% correction, TENB's Q2 results showed strong backlog growth and improved guidance, supporting a reiterated 'Buy' rating. Valuation remains attractive at 3.4x FY26 EV/revenue and 16.5x FY26 P/E, with further margin and EPS expansion expected into FY27. Read the full article on Seeking Alpha
Narrative Update • Jul 22
TENB: AI Cybersecurity Demand Will Drive Exposure Management Upside
The updated analyst valuation framework for Tenable Holdings lifts the fair value estimate from $45.00 to about $48.88. This reflects a mix of higher price targets across the Street, tempered by more balanced risk/reward views that hinge on clearer evidence of revenue acceleration, Tenable One adoption, and AI driven product monetization.
Narrative Update • Jul 08
TENB: AI Driven Exposure Demand Will Eventually Test Rule Of Forty Path
The analyst price target for Tenable Holdings has been adjusted from $28.85 to $30.30 as analysts factor in higher assumed future P/E multiples and growing confidence that Tenable One and AI-driven exposure management demand can support the updated fair value estimate. Analyst Commentary Recent Street research on Tenable Holdings highlights a mix of optimism around the company’s role in AI driven cybersecurity and some caution around the timing of its long term growth targets.Narrative Update • Jun 24
TENB: AI Exposure Management And 2029 Rule Of Forty Path Will Matter
Analysts have nudged their average price target for Tenable Holdings higher to about $29, reflecting updated models that factor in the company's recent Investor Day messaging on exposure management, AI driven demand, and longer term margin ambitions. Analyst Commentary Recent research on Tenable Holdings clusters into two camps, with bullish analysts pointing to the company’s exposure management positioning and AI opportunity, and more cautious voices focusing on the timing and execution risks around its 2029 targets and margin plans.Narrative Update • Jun 07
TENB: AI Exposure Management And 2029 Margin Aims Will Shape Returns
Analysts have raised the blended price target for Tenable Holdings to $28.85 from $27.05, reflecting updated models that apply a higher P/E multiple and incorporate the company’s recent Investor Day commentary on exposure management, AI driven cyber risks, and long term margin ambitions. Analyst Commentary Recent research after Tenable Holdings' Investor Day points to a mix of optimism around the exposure management opportunity and caution around the pace of execution toward the company’s long term financial targets.Narrative Update • May 18
TENB: AI Security And Margin Discipline Will Drive Future Upside Potential
Analysts have adjusted the Tenable Holdings fair value estimate from $29.05 to $27.05. This reflects a series of reduced Street price targets and slightly softer revenue growth assumptions, partly offset by updated views on profit margins and a lower future P/E multiple.Narrative Update • Apr 27
TENB: AI Exposure Management Will Support Future Upside Despite Rising Competition
Tenable Holdings' fair value estimate has been trimmed by about $1 to $29.05, reflecting a wave of reduced Street price targets as analysts weigh intensifying competition and shifting expectations around AI driven cybersecurity spending. Analyst Commentary Street research around Tenable has turned more cautious, with a series of price target reductions and a new Equal Weight initiation pointing to a reassessment of risk and reward at current levels.Narrative Update • Apr 06
TENB: Billing Transition And AI Exposure Management Will Support Future Upside Potential
Analysts have trimmed their average price target on Tenable, with several firms cutting expectations by $5 to $15 to around the high teens to high $20s. They cited intensifying competition in vulnerability management, evolving AI driven cyber offerings, and near term billing volatility tied to the company’s shift from multi year to annual contracts.Narrative Update • Mar 23
TENB: Billing Transition And Repurchases Will Support Future Upside Potential
Narrative Update Analysts have trimmed their average price targets on Tenable Holdings by single to low double digit dollar amounts. They generally cite rising competitive pressure in cybersecurity, billing mix shifts tied to Tenable One, and uncertainty around how AI related security spend will be divided across vendors.Narrative Update • Mar 08
TENB: Billing Transition Volatility And Buybacks Will Support Future Upside
Analysts have trimmed their fair value estimate for Tenable Holdings by about $0.90 to $30.05, reflecting a series of lower Street price targets and a view that rising competition and billing transition noise justify a more cautious P/E multiple. Analyst Commentary Bulls and bears are reading the same headlines on Tenable, but they are focusing on different parts of the story.Narrative Update • Feb 22
TENB: Billing Transition And AI Budget Tensions Will Set Up Future Upside
Analysts have trimmed their average price targets on Tenable Holdings by a series of single to mid teen dollar cuts, reflecting caution around near term billing volatility and intensifying AI related competition for cyber budgets, while still acknowledging the company's positioning within vulnerability management. Analyst Commentary Recent research notes cluster around two themes for Tenable, with bulls focused on product positioning and potential corporate interest, and bears focused on near term billing optics and growing competition for AI related cyber spending.Narrative Update • Feb 07
TENB: Billing Transition Volatility Will Set Up Future Upside Potential
Analysts have trimmed their price target on Tenable Holdings to about US$31 from roughly US$36, reflecting updated assumptions for slightly lower revenue growth, a somewhat higher profit margin, and a reduced future P/E multiple following a series of target cuts from major research firms. Analyst Commentary Research coverage on Tenable Holdings has recently tilted more cautious, with a cluster of price target cuts from multiple firms.Narrative Update • Jan 24
TENB: Billing Transition Volatility Will Set Up Upside And Sponsor Interest
Analysts have reduced their fair value estimate for Tenable Holdings to about US$35.63 from roughly US$36.42, reflecting lower price targets on the stock as they take into account billing mix shifts and recent model updates across the Street. Analyst Commentary Recent Street research on Tenable reflects a mix of optimism about the long term potential and concern around near term execution and valuation, especially as the company adjusts its billing practices.Narrative Update • Jan 09
TENB: Billing Transition Volatility Will Set Up Potential Upside And Acquisition Interest
Narrative update on Tenable Holdings Analysts have trimmed their price targets for Tenable, with the updated fair value estimate easing from about US$37.47 to US$36.42 as they factor in lower targets from firms such as Needham and JPMorgan, along with billing transition noise and ongoing interest in the stock as a potential acquisition candidate. Analyst Commentary Recent Street research on Tenable highlights a mix of valuation resets, billing related execution questions, and ongoing interest in the name as a possible target for larger security or financial buyers.Narrative Update • Dec 25
TENB: Earnings Preview Will Highlight Upside From Overweight Rating And Federal Contract
Analysts have modestly reduced their price target on Tenable Holdings to $40 from $44, reflecting a slightly lower fair value estimate based on updated earnings models and valuation assumptions. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the Overweight rating, alongside the reduced price target, suggests continued confidence in Tenable's medium term growth trajectory despite near term model adjustments.Narrative Update • Dec 11
TENB: Earnings Preview Will Drive Upside Amid Lowered Price Objective
Analysts have modestly reduced their price target on Tenable Holdings to $40.00 from $44.00. This reflects updated earnings preview models and slightly higher assumed discount rates, while growth and margin expectations remain largely unchanged.Narrative Update • Nov 26
TENB: Earnings Preview Will Drive Upside Despite Reduced Price Forecast
Narrative Update on Tenable Holdings Analysts have reduced their price target for Tenable Holdings from $44 to $40. This adjustment is based on updated financial models and a more conservative outlook ahead of upcoming earnings.Narrative Update • Nov 11
TENB: Long-Term Confidence Will Persist Despite New Cautious Commentary
Narrative Update on Tenable Holdings Analysts have lowered their price target for Tenable Holdings from $44 to $40, citing updates to company forecasts and a more cautious outlook in advance of upcoming earnings. Analyst Commentary Analyst sentiment regarding Tenable Holdings has become more nuanced ahead of the company's earnings report, as reflected in updated forecasts and a revised price target.Narrative Update • Oct 27
Mixed Earnings Signals Will Shape Cybersecurity Opportunity Over The Coming Year
Tenable Holdings’ analyst price target has been revised downward from $39.95 to $38.79. This change reflects recent model updates by analysts following mixed signals from earnings previews and expectations for revenue growth and profitability.Analysis Article • Sep 19
Tenable Holdings, Inc.'s (NASDAQ:TENB) Prospects Need A Boost To Lift Shares
With a price-to-sales (or "P/S") ratio of 3.9x Tenable Holdings, Inc. ( NASDAQ:TENB ) may be sending bullish signals at...Analysis Article • Jul 18
An Intrinsic Calculation For Tenable Holdings, Inc. (NASDAQ:TENB) Suggests It's 46% Undervalued
Key Insights Tenable Holdings' estimated fair value is US$61.19 based on 2 Stage Free Cash Flow to Equity Tenable...Analysis Article • May 24
Tenable Holdings (NASDAQ:TENB) Seems To Use Debt Quite Sensibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • May 02
Tenable Holdings, Inc. (NASDAQ:TENB) Just Reported Earnings, And Analysts Cut Their Target Price
Tenable Holdings, Inc. ( NASDAQ:TENB ) shareholders are probably feeling a little disappointed, since its shares fell...
New Narrative • May 01
AI Analytics And Cloud Security Will Expand Market Opportunities
Tenable's strategic focus on AI and platform integration is enhancing competitive advantage, driving customer adoption, and expanding market opportunities.Analysis Article • Apr 28
Pinning Down Tenable Holdings, Inc.'s (NASDAQ:TENB) P/S Is Difficult Right Now
There wouldn't be many who think Tenable Holdings, Inc.'s ( NASDAQ:TENB ) price-to-sales (or "P/S") ratio of 4.4x is...Seeking Alpha • Apr 24
Tenable: One Of The Few 'Growth At A Reasonable Price' Cybersecurity Stocks
Summary Amid volatility, focus on 'growth at a reasonable price' stocks with solid fundamentals, like Tenable, which offers value and growth potential. This cybersecurity company focuses in exposure and vulnerability management, which is a large $33 billion market in which it is only ~4% penetrated. Tenable offers low-teens growth and mid-20s operating margins, showcasing strong growth/profitability balance with strong competitive win rates and expansion potential. The stock is quite cheap at <4x forward revenue, especially after a ~20% correction since the start of the year. Read the full article on Seeking AlphaShareholder Returns
| TENB | US Software | US Market | |
|---|---|---|---|
| 7D | 11.1% | 18.4% | 5.5% |
| 1Y | 22.9% | -11.6% | 20.8% |
Return vs Industry: TENB exceeded the US Software industry which returned -11.6% over the past year.
Return vs Market: TENB exceeded the US Market which returned 20.8% over the past year.
Price Volatility
| TENB volatility | |
|---|---|
| TENB Average Weekly Movement | 9.9% |
| Software Industry Average Movement | 9.9% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: TENB has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: TENB's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 1,995 | Steve Vintz | www.tenable.com |
Tenable Holdings, Inc. provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable AI Exposure, a solution that helps organizations identify, assess, and reduce security risks associated with the use of artificial intelligence technologies; 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 security solution for use in exposing and closing priority security gaps caused by misconfigurations, risky entitlements, and vulnerabilities; Tenable Identity Exposure, a solution for end-to-end protection from identity-based threats; and Tenable Web App Scanning, which provides configuration and management of web app scans. The company also provides Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises vulnerability management solution; and Tenable OT Security, a unified security solution for converged OT/IoT environments that provide threat detection, asset tracking, vulnerability management, and configuration control capabilities to protect OT environments, including industrial networks.
Tenable Holdings, Inc. Fundamentals Summary
| TENB fundamental statistics | |
|---|---|
| Market cap | US$3.97b |
| Earnings (TTM) | US$6.74m |
| Revenue (TTM) | US$1.04b |
590.9x
P/E Ratio3.8x
P/S RatioIs TENB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TENB income statement (TTM) | |
|---|---|
| Revenue | US$1.04b |
| Cost of Revenue | US$229.05m |
| Gross Profit | US$814.49m |
| Other Expenses | US$807.75m |
| Earnings | US$6.74m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.061 |
| Gross Margin | 78.05% |
| Net Profit Margin | 0.65% |
| Debt/Equity Ratio | 179.2% |
How did TENB perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/06 21:58 |
| End of Day Share Price | 2026/08/06 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tenable Holdings, Inc. is covered by 36 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shrenik Kothari | Baird |
| Saket Kalia | Barclays |
| Andrew Smith | Berenberg |