TENB

Company Overview — What Does Tenable Holdings, Inc. Do?

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.io, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable.cs, a cloud-native application platform that enables organizations to programmatically detect and fix cloud infrastructure misconfigurations; Tenable.io WAS, which provides scanning for modern web applications; and Tenable.ep, an unified platform that helps organizations identify, assess, and accurately prioritize cyber risks across the entire attack surface. The company also offers Tenable.ad, a solution to secure Active Directory environments; Tenable.ot, an on-premises solution that provides threat detection and mitigation, asset tracking, vulnerability management, and configuration control capabilities to protect OT environments, including industrial networks; Tenable.sc, an on-premises solution that provides a risk-based view of an organization's IT, security and compliance posture. In addition, it provides Nessus Professional, a vulnerability assessment solution for identifying security vulnerabilities, configuration issues, and malware; and Nessus Essentials, which includes vulnerability and configuration assessment for a limited number of assets. The company was founded in 2002 and is headquartered in Columbia, Maryland. Tenable Holdings, Inc. (TENB) is classified as a small-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Amit Yoran and employs approximately 1,900 people. With a market capitalization of $2.0B, TENB is one of the notable companies in the Technology sector.

Tenable Holdings, Inc. (TENB) Stock Rating — Reduce (April 2026)

As of April 2026, Tenable Holdings, Inc. receives a Reduce rating with a composite score of 35.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.TENB ranks #3,626 out of 4,446 stocks in our coverage universe. Within the Technology sector, Tenable Holdings, Inc. ranks #431 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

TENB Stock Price and 52-Week Range

Tenable Holdings, Inc. (TENB) currently trades at $16.23. The stock lost $0.18 (1.1%) in the most recent trading session. The 52-week high for TENB is $37.14, which means the stock is currently trading -56.3% from its annual peak. The 52-week low is $17.27, putting the stock -6.0% above its annual trough. Recent trading volume was 3.7M shares, reflecting moderate market activity.

Is TENB Overvalued or Undervalued? — Valuation Analysis

Tenable Holdings, Inc. (TENB) carries a value factor score of 35/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 1014.50x, compared to the Technology sector average of 45.27x — a premium of 2141%. The price-to-book ratio stands at 6.41x, versus the sector average of 3.16x. The price-to-sales ratio is 2.16x, compared to 1.06x for the average Technology stock. On an enterprise value basis, TENB trades at 82.55x EV/EBITDA, versus 12.79x for the sector.

At current multiples, Tenable Holdings, Inc. trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Tenable Holdings, Inc. Profitability — ROE, Margins, and Quality Score

Tenable Holdings, Inc. (TENB) earns a quality factor score of 37/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -13.7%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -2.5% versus the sector average of -1.0%.

On a margin basis, Tenable Holdings, Inc. reports gross margins of 77.8%, compared to 50.9% for the sector. The operating margin is -2.1% (sector: -0.5%). Net profit margin stands at -4.7%, versus -1.5% for the average Technology stock. Revenue growth is running at 14.1% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

TENB Debt, Balance Sheet, and Financial Health

Tenable Holdings, Inc. has a debt-to-equity ratio of 435.0%, compared to the Technology sector average of 43.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 0.95x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $355M. Cash and equivalents stand at $172M.

TENB has a beta of 0.94, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Tenable Holdings, Inc. is 53/100, reflecting average volatility within the normal range for its sector.

Tenable Holdings, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Tenable Holdings, Inc. reported revenue of $966M and earnings per share (EPS) of $-0.30. Net income for the quarter was $-45M. Gross margin was 77.8%. Operating income came in at $-20M.

In FY 2025, Tenable Holdings, Inc. reported revenue of $999M and earnings per share (EPS) of $-0.30. Net income for the quarter was $-36M. Gross margin was 78.1%. Revenue grew 11.0% year-over-year compared to FY 2024. Operating income came in at $-9M.

In Q3 2025, Tenable Holdings, Inc. reported revenue of $252M and earnings per share (EPS) of $0.02. Net income for the quarter was $2M. Gross margin was 77.5%. Revenue grew 11.2% year-over-year compared to Q3 2024. Operating income came in at $7M.

In Q2 2025, Tenable Holdings, Inc. reported revenue of $247M and earnings per share (EPS) of $-0.12. Net income for the quarter was $-15M. Gross margin was 78.0%. Revenue grew 11.8% year-over-year compared to Q2 2024. Operating income came in at $-7M.

Over the past 8 quarters, Tenable Holdings, Inc. has demonstrated a growth trajectory, with revenue expanding from $221M to $966M. Investors analyzing TENB stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

TENB Dividend Yield and Income Analysis

Tenable Holdings, Inc. (TENB) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

TENB Momentum and Technical Analysis Profile

Tenable Holdings, Inc. (TENB) has a momentum factor score of 18/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 28/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 61/100 reflects moderate short selling activity.

TENB vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, Tenable Holdings, Inc. (TENB) ranks #431 out of 584 stocks based on the Blank Capital composite score. This places TENB in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing TENB against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TENB vs S&P 500 (SPY) comparison to assess how Tenable Holdings, Inc. stacks up against the broader market across all factor dimensions.

TENB Next Earnings Date

No upcoming earnings date has been announced for Tenable Holdings, Inc. (TENB) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy TENB? — Investment Thesis Summary

The quantitative profile for Tenable Holdings, Inc. suggests caution. The quality score of 37/100 flags below-average profitability. The value score of 35/100 indicates premium valuation. Momentum is weak at 18/100, a headwind for near-term performance.

In summary, Tenable Holdings, Inc. (TENB) earns a Reduce rating with a composite score of 35.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TENB stock.

Related Resources for TENB Investors

Explore more research and tools: TENB vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TENB head-to-head with peers: TENB vs IHS, TENB vs VRSN, TENB vs ESE.