Wells Fargo lifts target for Tenable Holdings stock from USD 35.00 to USD 38.00

Published on 10/20/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wells Fargo lifted its target from USD 35.00 to USD 38.00 on October 15, 2026. Tenable Holdings stock costs EUR 34.60 on October 20, 2026.

Analyst view and operating scale

Wells Fargo raised its Tenable target from USD 35.00 to USD 38.00 on October 15, 2026.
Second-quarter 2026 revenue reached USD 268.51 million, up 8.60 percent year over year.
Tenable Holdings stock traded at EUR 34.60 at 1:17 p.m. CEST at Lang & Schwarz on October 20, 2026.
The company had a USD 4.3 billion market capitalization as of October 19, 2026.

TENB, US88025T1025, Illustration mit AI erstellt.

Tenable Holdings (ISIN US88025T1025) is trading at EUR 34.60 at Lang & Schwarz on October 20, 2026 at 1:17 p.m. CEST. MarketBeat reported on October 15, 2026 that Wells Fargo raised its price target from USD 35.00 to USD 38.00 and kept an Equal Weight rating.

The target rises to USD 38.00

The analyst change came as Tenable prepared for its next quarterly update. Markets Insider said Wells Fargo analyst Richard Poland cited partner deep dives and a reseller survey suggesting cybersecurity spending could build into 2027. The source also said the firewall cycle was continuing with help from pricing.

What does the target change mean?

The USD 3.00 increase places the new target above the previous level, but the Equal Weight rating keeps the signal measured. MarketBeat listed seven Buy ratings, twelve Hold ratings and one Sell rating, with a consensus average target of USD 34.84. Those figures show a divided analyst view rather than a uniform reassessment.

Three dates define the setup

Tenable's recent sequence started on July 29, 2026, when second-quarter revenue reached USD 268.51 million and adjusted earnings per share came to USD 0.51, versus a USD 264.87 million revenue consensus and USD 0.47 adjusted earnings-per-share estimate, according to MarketBeat. On September 10, 2026, the company announced pricing of USD 725.0 million of convertible senior notes, according to its Tenable investor-relations page. Wells Fargo's target revision on October 15, 2026, is the latest event in that sequence.

Revenue growth supports the case

Second-quarter 2026 revenue increased 8.60 percent from USD 247.30 million in the same quarter of 2025, while adjusted earnings per share rose from USD 0.34 to USD 0.51, MarketBeat reported. Tenable's fiscal 2026 adjusted earnings-per-share guidance stood at USD 1.95 to USD 2.00. The company therefore enters the target debate with a quantified growth record, but analysts still disagree about how much of that progress is reflected in the valuation.

Market value and trading context

Tenable had a USD 4.3 billion market capitalization as of October 19, 2026, based on the latest market figure. The company is listed on Nasdaq under ticker TENB and operates in cybersecurity software, with exposure-management products designed to identify and reduce cyber risk.

The stock was trading at EUR 34.60 at Lang & Schwarz on October 20, 2026 at 1:17 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Tenable Holdings stock.