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TENBTenable Holdings, Inc.Sell5.2·$27.64+3.13%
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Tenable Holdings, Inc. (TENB) Stock Analysis

Range Bound setup

SellVALUE-TRAP 2/5Moderate Confidence

Technology · Software - Infrastructure

Sell if holding. Analyst target reached at $27.64 — A.R:R is negative (-0.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.7): -1.0.

Tenable provides exposure management cybersecurity solutions via its Tenable One platform to 40,000+ customers including ~65% of the Fortune 500. Revenue grew from $900M to $999M in 2025 (11% YoY); subscription-based and ratably recognized. No single customer exceeded 2% of... Read more

$27.64+9.6% A.UpsideScore 5.2/10#58 of 77 Software - Infrastructure
QualityF-score6 / 9FCF yield8.66%
Stop $25.72Target $30.31(resistance)A.R:R -0.4:1
Analyst target$28.85+4.4%20 analysts
$30.31our TP
$27.64price
$28.85mean
$20
$38

Sell if holding. Analyst target reached at $27.64 — A.R:R is negative (-0.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.7): -1.0. Chart setup: RSI 57 mid-range, Bollinger mid-band. Score 5.2/10, moderate confidence.

Passes 7/10 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 44d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: aggressive.

10-K grounded · weekly refresh

About Tenable Holdings, Inc.

About Tenable Holdings, Inc.

Tenable Holdings reported $999.4 million in revenue for 2025, up 11% from $900.0 million in 2024, serving over 40,000 customers across more than 170 countries—including approximately 65% of Fortune 500 companies and approximately 50% of the Global 2000. The company employed 1,995 people at December 31, 2025, including 949 based outside the United States, with data center infrastructure running entirely on Amazon Web Services.

Tenable earns revenue through annual subscriptions for cloud-delivered vulnerability management and exposure management products, principally Tenable Vulnerability Management and Tenable Cloud Security, and through perpetual licenses for its on-premises Tenable Security Center, recognized ratably over a five-year expected benefit period. Sales are fulfilled through a two-tiered channel model—distributors sell to resellers, who sell to end-user organizations spanning manufacturing, financial services, government, healthcare, and technology sectors. The company competes in vulnerability management against Qualys and Rapid7, in endpoint-adjacent scanning against CrowdStrike, and in cloud security against Palo Alto Networks and Wiz. Because revenue is recognized ratably, a decline in new bookings would not appear immediately in reported results but would reduce future period revenue. R&D teams include a significant presence in Tel Aviv, Israel, which the 10-K identifies as a risk to product roadmap delivery given ongoing regional hostilities.

Show full overview

Tenable's platform depth traces to the Nessus community: since 1998, a large installed base of Nessus users has generated a continuous feedback loop of threat data and vulnerability intelligence that Tenable Research uses to expand detection logic and inform product strategy. The company held 53 issued patents at December 31, 2025, expiring between 2027 and 2044 and covering network scanning and monitoring technologies. Infrastructure dependence on AWS introduces a specific contractual constraint: agreements with AWS and Snowflake limit those vendors' liability for damages, which could leave Tenable without full recovery if a third-party outage affects its customers.

See also: Technology · Software - Infrastructure

From Tenable Holdings, Inc.'s most recent 10-K filing, extracted June 11, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-15

Recent Developments — Tenable Holdings, Inc.

Generated 2026-06-17T08:36:51Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 29, 202644d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Attractive valuation
Risks
Analyst target reached - limited upside remaining
Leverage penalty (D/E 1.7): -1.0
Value-trap signals (2/5): Margin compression (op margin 4.3%), High leverage (D/E 1.7)

Key Metrics

P/E (TTM)
P/E (Fwd)12.3
Mkt Cap$3.0B
EV/EBITDA74.4
Profit Mgn-1.2%
ROE-3.7%
Rev Growth9.6%
Beta0.99
DividendNone
Rating analysts30

Quality Signals

Piotroski F6/9

Options Flow

P/C0.82neutral
IV88%elevated
Max Pain$4-85.5% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
1.4
Growth Rank
2.8
Value Rank
6.4
GatesA.R:R -0.4=NEGATIVEDeath cross (50MA < 200MA)Momentum 4.7<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.7>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 44d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
57 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $21.21Resistance $30.93

Price Targets

$26
$30
A.Upside+9.7%
A.R:R-0.4:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-6.1% upside)
! Negative risk/reward — downside exceeds upside
! Death cross — 50-day MA below 200-day MA

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-29 (44d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is TENB stock a buy right now?

Sell if holding. Analyst target reached at $27.64 — A.R:R is negative (-0.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.7): -1.0. Chart setup: RSI 57 mid-range, Bollinger mid-band. Prior stop was $25.72. Score 5.2/10, moderate confidence.

What is the TENB stock price target?

Take-profit target: $30.31 (+9.6% upside). Prior stop was $25.72. Stop-loss: $25.72.

What are the risks of investing in TENB?

Analyst target reached - limited upside remaining; Leverage penalty (D/E 1.7): -1.0; Value-trap signals (2/5): Margin compression (op margin 4.3%), High leverage (D/E 1.7).

Is TENB overvalued or undervalued?

Tenable Holdings, Inc. trades at a P/E of N/A (forward 12.3). TrendMatrix value score: 7.9/10. Verdict: Sell.

What do analysts say about TENB?

30 analysts cover TENB with a consensus score of 3.7/5. Average price target: $29.

What does Tenable Holdings, Inc. do?Tenable provides exposure management cybersecurity solutions via its Tenable One platform to 40,000+ customers...

Tenable provides exposure management cybersecurity solutions via its Tenable One platform to 40,000+ customers including ~65% of the Fortune 500. Revenue grew from $900M to $999M in 2025 (11% YoY); subscription-based and ratably recognized. No single customer exceeded 2% of revenue.

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