Tenable Holdings, Inc. TENB
Computer Software: Prepackaged Software · IPO 2018 · data as of November 13, 2026
Tenable Holdings, Inc. (TENB) is a technology company listed in the US with a market value of about $4.3B. In the twelve months to September 30, 2026 it had revenue of $1.1B and net income of $16M, a net margin of 1.5%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is future growth (5/5); the weakest is value (1/5).
Key numbers: a P/E of 313.5, a price to free cash flow of 15.2, 5-year revenue growth of 18% a year, a 5-year average ROIC of -4%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 68% below the current price.
Score: 2.0 / 5
Checks passed
- P/FCF below 20
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- Positive free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $999M | $900M | $799M | $683M | $541M | $440M | $355M | $267M | $188M | $124M |
| Net income | $16M | -$36M | -$36M | -$78M | -$92M | -$47M | -$43M | -$99M | -$74M | -$41M | -$37M |
| Free cash flow | $280M | $255M | $213M | $148M | $122M | $93M | $45M | -$31M | -$8M | -$9M | -$9M |
| EPS (diluted) | $0.13 | $-0.30 | $-0.31 | $-0.68 | $-0.83 | $-0.44 | $-0.42 | $-1.03 | $-1.38 | $-1.88 | $-1.81 |
| Net margin | 1.5% | -3.6% | -4.0% | -9.8% | -13.5% | -8.6% | -9.7% | -27.9% | -27.5% | -21.9% | -29.9% |
| ROIC | — | -1.0% | -0.7% | -5.4% | -7.6% | -5.1% | -13.8% | -49.5% | -43.4% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 20 analysts is $48.35, 19% above the current price; targets range from $35.00 to $60.00; the consensus rating is “Hold”; expected EPS is $2.18 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Tenable’s P/E ratio?
About 313.5, based on the last twelve months of diluted earnings per share (forward P/E about 17.3).
Is Tenable stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 68% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Tenable pay a dividend?
Not currently.
Is Tenable a good stock to buy?
We do not give buy or sell advice. Tenable scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.