Why Tenable Stock Roared to a Comeback Today
Key Points
He still feels it's a buy and believes it has plenty of upside.
The company's latest AI-related announcement was particularly encouraging.
- 10 stocks we like better than Tenable ›
What a difference a single trading day can make in the life of a stock, particularly one nestled in the often-volatile tech sector. Cybersecurity specialist Tenable (NASDAQ: TENB) flew to a 3% gain on Monday following some notable bearishness last Friday. The optimism at the start of the week was due in no small part to a bullish analyst update.
A bull stays the course
The author of the new report was Jonathan Ruykhaver of Cantor Fitzgerald. In the update, he reiterated his overweight (i.e., buy) recommendation on Tenable, and his $30 per share target price.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Image source: Getty Images.
Not surprisingly, Ruykhaver's continued optimism is based largely on the introduction of Tenable Hexa AI, an agentic artificial intelligence (AI) model within the company's Tenable One Exposure Management Platform. According to reports, the analyst believes this next-generation AI solution could help drive incremental take-up of the platform.
This bolsters Tenable One as a preventive, rather than reactive, cybersecurity solution. In Ruykhaver's view, the great bulk of cybersecurity spending is directed toward reactive functions.
Cyber secure
The Friday drop was due to fears that Antropic's upcoming version of its Claude AI assistant would have cybersecurity capabilities that might displace those of traditional companies in the industry, like Tenable. While I understand that this is a worry, so far we haven't seen any concrete evidence that the new Claude could be disruptive. Also, from what Tenable says, Hexable AI might even become something of a game changer for the company.
I'm with Ruykhaver on Tenable stock; as a cybersecurity specialist, it's in the right business at the right time in our history, and it's clearly very tech-forward, as any competitive company in the space needs to be.
Should you buy stock in Tenable right now?
Before you buy stock in Tenable, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Tenable wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $503,861!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,026,987!*
Now, it’s worth noting Stock Advisor’s total average return is 884% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of March 30, 2026.
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Recommended Articles
