TENB (Tenable Holdings) Moat Score: 6/10 (As of Jul. 01, 2026)


TENB Tenable Holdings Inc TENB
75 GF Score
Price $37.90
GF Value $48.85
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tenable Holdings Moat Score?

Tenable Holdings TENB +2.77% 75 Moat Score is 6 as of Jul. 01, 2026. GuruFocus rates TENB with a GF Score™ of 75/100 and a GF Value™ of $48.85 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,843 Software companies, Tenable Holdings ranks better than 97.89% on this metric.

Tenable Holdings has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Tenable Holdings has Narrow Moat: Tenable Holdings Inc has a strong narrow moat due to its leadership in cybersecurity solutions, significant customer switching costs, and consistent innovation. Its brand strength and R&D capabilities support its competitive position, though not enough for a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Tenable Holdings might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Tenable Holdings  (NAS:TENB) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Tenable Holdings Moat Score Related Terms

TENB vs CLBT, BLSH, TDC: Moat Score Comparison

For the Software - Infrastructure subindustry, Tenable Holdings's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tenable Holdings Moat Score vs Software Industry

For the Software industry and Technology sector, Tenable Holdings's Moat Score distribution charts can be found below:

* The bar in red indicates where Tenable Holdings's Moat Score falls into.


TENB
75GF Score
Tenable Holdings Inc TENB
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Tenable Holdings (TENB) has a Moat Score of 6 as of Jul. 01, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Tenable Holdings ranks #60 out of 2843 companies in the Software industry, placing it in the top 2.1%.
Is Tenable Holdings' Moat Score too high?
Tenable Holdings' current Moat Score is 6. Based on the distribution chart, Tenable Holdings ranks #60 out of 2843 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Tenable Holdings has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tenable Holdings' Moat Score compare to CLBT and BLSH?
According to the Software industry distribution chart, Tenable Holdings ranks #60 out of 2843 companies for Moat Score. This places Tenable Holdings in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Software company?
A good Moat Score depends on the Software industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Tenable Holdings's current Moat Score is 6. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenable Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tenable Holdings (TENB) is currently considered Modestly Undervalued. The stock's GF Value™ is $48.85, compared to a current price of $37.90 — trading 22.4% below its estimated fair value. The current Moat Score is 6. Tenable Holdings' overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Tenable Holdings (TENB), the current Moat Score is 6 as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tenable Holdings (TENB) Overvalued in 2026?

Based on GuruFocus' analysis, Tenable Holdings stock appears to be undervalued. The current stock price of $37.90 is trading 22.4% below its estimated GF Value™ of $48.85. GuruFocus considers Tenable Holdings to be Modestly Undervalued.

Key valuation signals for TENB:

  • Moat Score: 6
  • GF Value™: $48.85 vs. price of $37.90 (22.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the TENB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tenable Holdings Business Description

Address 6100 Merriweather Drive, 12th Floor, Columbia, MD, USA, 21044
Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
75GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.90
Price
$48.85
GF Value