Why Tenable Holdings stock moves
Tenable Holdings fell sharply, moving against the market.
Written after the close on ·
Why today
16,437 news analyzed todayTenable Holdings fell sharply, moving against the market.
Tenable Holdings fell very sharply over the last five trading days, far more than the S&P 500 and its sector.
Scotiabank raised its earnings estimate and analysts' average target price is $46.25, but the stock still fell.
Last week's earnings beat and raised full-year guidance, the company's own sales and profit outlook, have not stopped the drop.
Today's move of −4.60% was 1.6 times a normal day's 2.9%. S&P 500 moved +0.31% on the same day.
Tenable Holdings −4.60%S&P 500 +0.31%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for Tenable Holdings.
Tenable Holdings earned more than expected in 8 out of 8 reports.
For comparison, about 82% of reports from US companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 4 out of 8 reports with a measured move, against about 55% of reports from US companies.
Ratings
Price targets
Latest price $42.13
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expected$
Next reported quarter: expected earnings per share of $0.57 (February 3). For the current fiscal year, expected earnings per share changed from $1.98 three months ago to $2.18 now. 2026 estimate: $2.18. 2027 estimate: $2.46.
Has the share price followed the business?
Price and earnings moved in the same direction: 1 out of 3 years. Across US companies, that happens in about 65% of years. In 2025, the price changed −40% and earnings per share went from -$0.31 to -$0.30.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.$B
Assets, liabilities and market cap
AssetsLiabilitiesMarket cap$B
Price and earnings moved in the same direction: 1 out of 3 years.Market cap (Now): $4.4BRevenue 2025: $999M
What the key figures say about Tenable Holdings
The figures connect what Tenable Holdings earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: -$0.83–-$0.30. Peers: Yubico 2.69 SEK, Adyen 35.58 EUR, Synopsys $5.66. 2026 estimate: $2.18 ($2.10–$2.19). 2027 estimate: $2.46 ($2.26–$2.61).
What the company sold during the year.
2022–2025: $683M–$999M. Peers: Yubico 2.3 bn SEK, Adyen 2.6 bn EUR, Synopsys $9.4B. 2026 estimate: $1.1B ($1.1B–$1.1B). 2027 estimate: $1.2B ($1.2B–$1.2B).
The percentage of revenue left after the costs of running the business.
2022–2025: −9.9%–−0.1%. Peers: Yubico 11.9%, Adyen 41.4%, Synopsys 11.0%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: −34.0%–−9.1%. Peers: Yubico 13.3%, Adyen 21.3%, Synopsys 3.7%.
What investors pay for each unit the company sells.
2022–2025: 2.79–6.76. Peers: Yubico 5.96, Adyen 11.01, Synopsys 9.17. 2026 estimate: 4.06. 2027 estimate: 3.77.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -3.41–0.26. Peers: Yubico -4.04, Adyen -9.29, Synopsys 3.49.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 8.54–15.92. Peers: Yubico 7.12, Adyen 4.81, Synopsys 2.77.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 349.6–510.3.
Cash left after investments, divided by the number of shares.
2022–2025: $0.99–$2.11. Peers: Yubico 4.85 SEK, Adyen 28.66 EUR, Synopsys $14.34.
The percentage of assets financed by shareholders’ equity.
2022–2025: 18.7%–23.0%.
What followed similar falls?
Including reinvested dividends, Tenable Holdings fell 17.0% over the latest five trading days. Since July 26, 2018, falls at least this large were followed by a higher value 21 trading days later in 9 out of 11 non-overlapping periods. The median was +7.9%, against +0.6% for an ordinary 21-day period, which ended higher 52 times in 100.
Such a fall has not said much about the next month.
+7.9% · 9/11
What to watch next, and why
The earnings report shows how Tenable Holdings's revenue and profit have changed.
- Earnings report
The earnings report shows how Tenable Holdings's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Tenable Holdings usually moved about 5.3%. On a normal day it moves 2.9%.
+6.28% Why? +3.40% −2.70% +0.20%
$10,000 in Tenable Holdings bought on July 26, 2018 is worth $13,900 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $29,400.
What would $10,000 in Tenable Holdings be worth today? →
What would $10,000 in Tenable Holdings be worth today?
$13,900
with dividends reinvested, bought on July 26, 2018. The same amount in S&P 500 with dividends would have become $29,400.
At worst it was worth $5,300 (April 10, 2026).
The five biggest days of the journey
· +21.1% · the whole market fell 0.4% the same day
· −19.1% · the whole market fell 1.6% the same day · report day
· +17.9% · the whole market rose 1.2% the same day
· −17.4% · the whole market fell 1.1% the same day
· +16.5% · the whole market fell 0.5% the same day
Earlier days
−16.99% market −2.70% Tenable Holdings fell very sharply over the week, a very big move, about three times its usual five-day swing. Read →
Tenable Holdings fell very sharply over the week, a very big move, about three times its usual five-day swing.
The S&P 500 fell sharply over the same days, so Tenable fell more than the broad market.
Its sector ETF also fell very sharply, so Tenable moved more than its sector.
Strong quarterly results and raised guidance, meaning the company's own outlook for the year, did not stop the slide.
−6.72% market −4.41% Tenable Holdings fell sharply. Read →
Tenable Holdings fell sharply.
Over the last five trading days the stock fell sharply, roughly in line with the tech sector and the S&P 500.
No company news explains the drop; insider share sales were filed, but they are background only.
The stock is well above its lowest close of the past year but below its highest, so this was a large move, about three times a normal five-day stretch.
+0.66% market +1.65% Tenable Holdings rose slightly without a company-news explanation. Read →
Tenable Holdings rose slightly without a company-news explanation.
Over the same session the S&P 500 rose sharply, so Tenable Holdings moved less than the market, and its Technology sector ETF was roughly flat.
The move was an ordinary one for the stock, within its usual daily range, and trading was around its usual level.
Over the last five trading days the shares fell slightly, a little more than the S&P 500, which also fell slightly.
The most likely background is the strong run earlier in the year and the quarter results, which beat expectations, although those came out before this session.
−0.89% market +0.30% Tenable Holdings fell slightly without a company-news explanation. Read →
Tenable Holdings fell slightly without a company-news explanation.
Over the same session the S&P 500 rose slightly, so Tenable moved against the market and its sector.
Over the last five trading days the stock fell slightly while the S&P 500 fell clearly, so Tenable moved less than its sector.
The move was an ordinary one for Tenable.
Insider share sales reported in the last session are background, not the reason for the move.
−6.50% market −0.48% Tenable Holdings fell very sharply without company news. Read →
Tenable Holdings fell very sharply without company news.
Over the last five trading days the stock fell slightly, a move in line with the S&P 500, which fell clearly, and less than the Technology sector ETF, which fell sharply.
In the last session the S&P 500 fell slightly, so Tenable moved far more than the broad market, and it also fell more than its sector.
Most company news came before that session, including strong third-quarter results and a raised full-year outlook, so this drop looks more like a reaction to valuation concerns, since the shares had run up sharply this year.
−1.99% market −1.77% Tenable Holdings fell, in line with the market. Read →
Tenable Holdings fell, in line with the market.
Tenable Holdings fell clearly in the last session, roughly in line with the S&P 500, which also fell sharply that day.
Over the last five trading days the stock rose sharply, while the S&P 500 fell slightly and the technology sector fell clearly.
The likely driver of that rise is the third-quarter earnings release, which beat expectations and lifted full-year guidance, and analysts raised their price targets afterwards.
The session's size was within the stock's usual daily range, so it was an ordinary day for Tenable Holdings.
+13.81% market −0.56% Tenable Holdings rose sharply over the week's trading days, moving against both the S&P 500 and its sector. Read →
Tenable Holdings rose sharply over the week's trading days, moving against both the S&P 500 and its sector.
The move was big for Tenable, roughly three times a normal five-day stretch.
The main driver was the third-quarter earnings release on 28 October, where revenue grew 9.5% and profit beat expectations.
Analysts then raised their price targets, the share prices they see as fair, on 29 and 30 October.
+6.28% market −0.38% Tenable Holdings rose on its earnings report and analyst price target raises. Read →
Tenable Holdings rose on its earnings report and analyst price target raises.
Tenable moved against a slightly falling S&P 500 and a clearly falling technology sector ETF, so it clearly outperformed both.
The company reported quarterly revenue up 9.5% and non-GAAP operating margin (profit before certain one-off costs) of 27.1%, beating expectations and raising its full-year outlook.
Several analysts raised their price targets, the share prices they see as fair, on the stock.
Learn more · Why do stocks go up and down?