Investment case
Tenable Holdings, Inc.
TENB · 17 developments mapped · last assessed 2026-09-15
Market Ontology has mapped 17 macro, policy, and market developments to Tenable Holdings, Inc. since 2026-09-01. Each one is traced from the driver to the valuation assumption it moves, and the valuation below is run on the same engine the subscription uses.
Valuation
No validated run has been published for TENB yet, so no modelled value is shown. The TENB valuation is in the public catch-up queue.
Subscribers do not wait for the weekly cycle: they run TENB on demand, against live prices and the latest filings, and change any assumption the developments below move.
Filed financials
Current case
- Strongest support
Tenable Advances 16.5% on Q2 Results with 106% Net Dollar Expansion
Direct financial performance exceeding expectations, strong operational metrics (Net Dollar Expansion), and positive market reaction to earnings report.
· Moves revenue growth rate, profitability margins, customer retention/expansion rates
What changed, by assumption
- 2026-09-15Tenable Advances 16.5% on Q2 Results with 106% Net Dollar Expansion
- 2026-09-15Tenable Gains 16.5% on Tenable One Expansion and 106% Net Expansion Rate
- 2026-09-15Tenable Surges 16.5% on Tenable One Adoption and 106% Net Expansion
- 2026-09-15Tenable climbs 16.5% on Tenable One platform mix reaching 50% of new business
Assumption changes
Full ledger →| Date | Assumption | Direction | Why | Conf. |
|---|---|---|---|---|
| 2026-09-15 | Margin | Bullish | Platform consolidation (Tenable One) lifting gross margin and annual recurring revenue visibility. | 0.90 |
| 2026-07-29 | Margin | Bullish | Non-GAAP operating margin increased 540 basis points year-over-year to 24.7%. | 0.90 |
| 2026-07-29 | Share count | Bearish | Repurchase reduces shares outstanding. | 0.70 |
Event impact log
Full ledger →| Date | Mechanism | Direction | Horizon | Impact |
|---|---|---|---|---|
| 2026-09-15 | Tenable climbs 16.5% on Tenable One platform mix reaching 50% of new business | Bullish | 1-3m | 0.80 |
| 2026-09-15 | Tenable Advances 16.5% on Q2 Results with 106% Net Dollar Expansion | Bullish | 1-3m | 0.90 |
| 2026-09-15 | Tenable Gains 16.5% on Tenable One Expansion and 106% Net Expansion Rate | Bullish | 1-3m | 0.90 |
| 2026-09-15 | Tenable Surges 16.5% on Tenable One Adoption and 106% Net Expansion | Bullish | 1-3m | 0.90 |
| 2026-09-15 | Tenable Rises 16.5% on Tenable One Adoption and 106% Net Dollar Expansion | Bullish | 1-3m | 0.90 |
| 2026-09-15 | Tenable surges 16.5% on Tenable One platform adoption and 106% expansion | Bullish | 1-3m | 0.90 |
| 2026-09-15 | Tenable Surges 16.5% on Tenable One Adoption and 106% Expansion | Bullish | 1-3m | 0.90 |
| 2026-09-15 | Tenable Advances 16.5% on Strong Q2 Delivery and Tenable One Platform Adoption | Bullish | 1-3m | 0.90 |
| 2026-09-04 | Tenable partners with OpenAI to launch AI Agent security inspection platform | Bullish | 1-3m | 0.80 |
| 2026-09-04 | Tenable partners with OpenAI to launch enterprise AI security inspector | Bullish | 1-3m | 0.80 |
| 2026-09-04 | Tenable partners with OpenAI to launch CyberAgents Exchange AI Inspector | Bullish | 1-3m | 0.80 |
| 2026-09-04 | Tenable Partners With OpenAI to Launch CyberAgents AI Inspector Tool | Bullish | 1-3m | 0.80 |