Susquehanna Forecasts Strong Price Appreciation for Tenable (NASDAQ:TENB) Stock

Tenable (NASDAQ:TENB) had its price target upped by stock analysts at Susquehanna from $36.00 to $55.00 in a report released on Thursday, Benzinga reports. The firm currently has a “positive” rating on the stock. Susquehanna‘s target price would indicate a potential upside of 12.89% from the stock’s previous close.

TENB has been the topic of several other research reports. Cantor Fitzgerald set a $53.00 price target on shares of Tenable in a research note on Thursday. Robert W. Baird upped their price target on Tenable from $41.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday. Needham & Company LLC upped their price target on Tenable from $36.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday. Wedbush lowered Tenable from an “outperform” rating to an “underperform” rating and set a $29.00 price objective on the stock. in a report on Thursday, September 10th. Finally, Scotiabank raised Tenable from a “sector perform” rating to a “sector outperform” rating and set a $50.00 price objective on the stock in a research note on Monday, July 6th. Nine research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Tenable currently has a consensus rating of “Hold” and an average target price of $41.70.

Tenable Price Performance

TENB opened at $48.72 on Thursday. The stock has a fifty day moving average price of $37.36 and a 200 day moving average price of $28.49. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.78. Tenable has a 1 year low of $15.73 and a 1 year high of $50.21. The stock has a market cap of $5.37 billion, a price-to-earnings ratio of 974.59 and a beta of 1.01.

Tenable (NASDAQ:TENB) last issued its earnings results on Wednesday, October 28th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.12. Tenable had a return on equity of 14.90% and a net margin of 0.65%. The company had revenue of $276.39 million for the quarter, compared to analyst estimates of $271.58 million. During the same period in the prior year, the firm posted $0.42 EPS. The business’s revenue was up 9.5% compared to the same quarter last year. Analysts forecast that Tenable will post 0.50 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of TENB. Harbor Investment Advisory LLC bought a new stake in Tenable during the second quarter valued at about $66,000. Pinnacle Wealth Planning Services Inc. increased its stake in shares of Tenable by 1,021.0% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,816 shares of the company’s stock worth $66,000 after purchasing an additional 1,654 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in shares of Tenable in the second quarter worth about $81,000. Persistent Asset Partners Ltd bought a new position in shares of Tenable in the second quarter worth about $88,000. Finally, GAMMA Investing LLC lifted its position in shares of Tenable by 36.2% during the 2nd quarter. GAMMA Investing LLC now owns 2,524 shares of the company’s stock worth $93,000 after purchasing an additional 671 shares during the last quarter. Institutional investors and hedge funds own 89.06% of the company’s stock.

More Tenable News

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Q3 results exceeded expectations: Tenable reported adjusted earnings of $0.63 per share versus the $0.51 analyst consensus, while revenue increased 9.5% year over year to $276.4 million, above the $271.6 million estimate. Tenable Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Profitability and cash flow improved: Non-GAAP operating margin rose 380 basis points to 27.1%, while operating cash flow was $72.5 million and unlevered free cash flow was $69.4 million. These metrics strengthen the investment case as Tenable grows its exposure-management business. Tenable Reports Third-Quarter Results
• Positive Sentiment: Outlook and product adoption are encouraging: Management raised its full-year 2026 earnings guidance, and the earnings call highlighted record adoption of the Tenable One platform. Quarterly revenue guidance also slightly exceeded expectations. Tenable Q3 Earnings Call Highlights
• Positive Sentiment: Analyst support increased: Needham raised its price target from $36 to $55 and upgraded Tenable to “buy,” implying additional upside from the recent $48.72 reference price. Cantor Fitzgerald also maintained its “buy” rating. Needham Analyst Action
• Neutral Sentiment: Analyst views remain mixed: Truist raised its target from $35 to $45 but retained a “hold” rating, signaling that some analysts believe much of the earnings improvement is already reflected in the share price. Truist Adjusts Tenable Price Target
• Negative Sentiment: Valuation leaves limited room for disappointment: Tenable’s shares are near their 52-week high and carry a very elevated reported P/E ratio, making continued execution and delivery of the raised outlook important for further gains.

About Tenable

Tenable is a cybersecurity company that helps organizations identify, assess and reduce cyber risk across their technology environments. Its exposure management platform is designed to provide visibility into vulnerabilities and other security exposures affecting cloud systems, applications, endpoints, networks, operational technology, Internet of Things devices and identities.

The company’s product portfolio includes Nessus, a widely used vulnerability assessment solution, and Tenable One, an exposure management platform that brings together vulnerability management, cloud security, identity exposure and related capabilities.