TENB · NASDAQ · STOCK
Tenable Holdings, Inc.
$37.83
52W $15.73 – $43.67
49/100
$4.17B
604.5
0.94
Is TENB Bullish or Bearish?
Mixed.
Innellis AI committee rates Tenable Holdings, Inc. (TENB) Watch with a composite score of 49/100
, based on 6 analysts with 50% agreement.
Last updated August 11, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +10.57 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -9.43 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Value Analyst remains cautious — p/e of 611.1 is expensive by classic value standards. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Price structure making higher highs and higher lows — Technical
- MACD histogram positive -- bullish momentum — Technical
- VIX regime is low -- calm backdrop supports risk-taking — Macro
- Market regime is bullish (Bull market -- normal position sizing) — Macro
- News sentiment is positive (+0.27 across 26 articles, 14d) — News
Bear Case
- P/E of 611.1 is expensive by classic value standards — Value
- Price-to-book of 8.6x prices in significant intangible value — Value
- ROE of only 2.4% -- cheap may mean cheap for a reason — Value
- RSI at 72 is in overbought territory — Technical
- Daily trend (uptrend) conflicts with the weekly trend (downtrend) -- fighting the larger trend — Technical
- Current ratio of 0.95 is tight -- limited short-term liquidity cushion — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of August 11, 2026
Overall Committee Score
49/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 98%
of 284 Technology peers
Value Analyst
bearish
27
/ 100 · Moderate confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
− P/E of 611.1 is expensive by classic value standards
Growth Analyst
bearish
40
/ 100 · Low confidence
Growth story is weak, decelerating, or inconsistent
Technical Analyst
neutral
51
/ 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− RSI at 72 is in overbought territory
Risk Analyst
bearish
35
/ 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Current ratio of 0.95 is tight -- limited short-term liquidity cushion
Macro Analyst
bullish
78
/ 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst
bullish
66
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.27 across 26 articles, 14d)
Portfolio Manager
neutral
55
/ 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
Technical Analysis
RSI (14)
72.4
Overbought
MACD Histogram
0.206
Bullish Momentum
Trend Direction
Uptrend
Weekly: Downtrend
Market Structure
Mixed
Bollinger %B
0.73
Inside Bands
Price vs Moving Averages
EMA 9
$35.89
Above
EMA 21
$35.23
Above
EMA 50
$32.87
Above
EMA 200
$28.07
Above
Fundamental Analysis
Valuation
26
Profitability
26
Financial Health
10
Cash Flow
70
Valuation
P/E Ratio
604.5×
P/B Ratio
21.61×
PEG Ratio
1.45
Dividend Yield
0.00%
52W High
$43.67
52W Low
$15.73
Quality & Growth
ROE
-1106.6%
ROA
-206.7%
Gross Margin
7805.1%
Operating Margin
478.6%
Revenue Growth YoY
—
Debt / Equity
2.11
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 604.5 (rich relative to a 15-40x range); Price-to-book of 21.6x; PEG ratio of 1.5 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -11.1%; Return on assets of -2.1%; Net margin of 0.6%; Gross margin of 78.1%; Current ratio of 0.79 (tight short-term liquidity); Debt-to-equity of 2.11; Free cash flow per share is positive (2.37); Earnings-history trend unavailable; growth based on TTM year-over-year only.
Get the Full TENB Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →