Tenable (NASDAQ:TENB) Given New $32.00 Price Target at Wedbush

Tenable (NASDAQ:TENB) had its target price lowered by analysts at Wedbush from $42.00 to $32.00 in a research note issued on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Wedbush’s price target suggests a potential upside of 62.27% from the company’s current price.

TENB has been the subject of a number of other reports. Needham & Company LLC reissued a “buy” rating and issued a $28.00 price objective on shares of Tenable in a research note on Thursday. Morgan Stanley set a $30.00 price target on Tenable in a research note on Thursday, December 18th. JPMorgan Chase & Co. dropped their price objective on shares of Tenable from $44.00 to $40.00 and set an “overweight” rating for the company in a research note on Monday, October 27th. Wall Street Zen upgraded Tenable from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 25th. Finally, Zacks Research raised shares of Tenable from a “hold” rating to a “strong-buy” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Tenable has a consensus rating of “Moderate Buy” and a consensus target price of $33.41.

Tenable Stock Down 1.6%

TENB stock opened at $19.72 on Thursday. The business’s 50-day moving average price is $23.93 and its 200-day moving average price is $27.64. The stock has a market cap of $2.35 billion, a P/E ratio of -73.04 and a beta of 0.63. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.03. Tenable has a twelve month low of $19.55 and a twelve month high of $43.68.

Insider Transactions at Tenable

In related news, Director A Brooke Seawell sold 115,000 shares of Tenable stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $24.82, for a total transaction of $2,854,300.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Tenable by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock worth $363,009,000 after purchasing an additional 465,039 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Tenable by 11.0% during the third quarter. Ameriprise Financial Inc. now owns 7,179,473 shares of the company’s stock valued at $209,354,000 after buying an additional 713,291 shares during the last quarter. Shapiro Capital Management LLC boosted its holdings in shares of Tenable by 38.8% in the 3rd quarter. Shapiro Capital Management LLC now owns 3,612,353 shares of the company’s stock valued at $105,336,000 after buying an additional 1,010,230 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Tenable by 9.6% in the 3rd quarter. First Trust Advisors LP now owns 3,219,954 shares of the company’s stock valued at $93,894,000 after buying an additional 282,265 shares in the last quarter. Finally, UBS Group AG grew its position in shares of Tenable by 327.6% in the 4th quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock worth $72,768,000 after buying an additional 2,369,402 shares during the last quarter. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

Tenable News Roundup

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Q4 results beat consensus — revenue $260.5M (+11% YoY) and non-GAAP EPS $0.48 vs. $0.42 expected, showing improving profitability and recurring subscription strength. Tenable Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Tenable raised near‑term and FY guidance — Q1 non‑GAAP EPS guide $0.39–0.42 and FY non‑GAAP EPS $1.81–1.90, well above street models, which drove the re‑rating. Tenable Holdings Inc (TENB) Q4 2025 Earnings Call Highlights
• Positive Sentiment: Board expanded share repurchase authorization by $150M (total remaining ~$338M) and management repurchased shares in Q4 — a direct capital-return boost that supports EPS and buyback-driven upside. Tenable Reports Strong Q4 and Full Year 2025 Financial Results
• Positive Sentiment: Management emphasized AI security demand and platform consolidation (Tenable One) as drivers of momentum and deeper customer engagement — thematic support for longer-term subscription growth. TENB Q4 Deep Dive: AI Security Demand, Platform Consolidation Drive Momentum
• Neutral Sentiment: Industry recognition and credit improvement — Gartner placements and S&P upgrade to BB provide credibility but are already reflected in sentiment. Earnings Call Highlights / Press Release
• Neutral Sentiment: Analyst activity: Zacks upgraded TENB to “strong-buy” while consensus remains mixed — useful momentum but watch divergence in price targets. Zacks Research Upgrade
• Negative Sentiment: GAAP losses persist and cash declined year‑over‑year — full‑year GAAP net loss ~$36.1M and cash + short-term investments down materially vs. year‑ago, which could constrain flexibility despite buybacks. Press Release / Financials
• Negative Sentiment: Disclosure change: Tenable is moving away from providing a specific calculated‑current‑billings target because of billing-duration distortions — reduces a metric some investors use to track cash/bookings momentum. Earnings Call Highlights / Guidance Note
• Negative Sentiment: Insider selling and balance-sheet leverage were noted in coverage summaries — investors should watch insider activity and leverage metrics as buybacks proceed. QuiverQuant Summary

Tenable Company Profile

Tenable Holdings, Inc is a global cybersecurity company specializing in vulnerability management and continuous threat exposure assessment. Headquartered in Columbia, Maryland, Tenable was founded in 2002 by Ron Gula and Jack Huffard to address the growing need for proactive network security solutions. Over the years, the company has evolved from a pioneer in open-source vulnerability scanning to a leading provider of comprehensive security platforms that help organizations identify, investigate and prioritize cyber risks across on-premises, cloud and operational technology environments.

At the core of Tenable’s product suite is Nessus, one of the industry’s most widely adopted vulnerability scanners.