Time To Buy The Dip In Tenable Stock?
Tenable (TENB) stock has fallen by 14.5% in less than a month, from $21.18 on 5th Mar, 2026 to $18.11 now. Should you buy this dip?
Dip buying is a viable strategy for quality stocks that have a history of recovering from dips. As it turns out, TENB stock passes basic quality checks. Historically, the median return for the 12-month period following sharp dips was 9.5% , with median peak return reaching 29%. We define sharp dip as stock going down 20% or more, in less than 30 day period.
Below, we get into details of historical dips and subsequent returns.
Historical Median Returns Post Dips
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| Period | Past Median Return |
|---|---|
| 1M | 5.9% |
| 3M | -1.1% |
| 6M | 13.9% |
| 12M | 9.5% |
Historical Dip-Wise Details
TENB had 10 events since 7/26/2018 where the dip threshold of -20% within 30 days was triggered
- 29% median peak return within 1 year of dip event
- 270 days is the median time to peak return after a dip event
- -23% median max drawdown within 1 year of dip event
| 30 Day Dip | TENB Subsequent Performance | |||||||
|---|---|---|---|---|---|---|---|---|
| Date | TENB | SPY | 1Y | Peak Return |
Max Drop |
# Days to Peak |
||
| Median | 9% | 29% | -23% | 270 | ||||
| 2032026 | -20% | 2% | -10% | 14% | -12% | 7 | ||
| 11022023 | -22% | -0% | 10% | 47% | 0% | 99 | ||
| 5022023 | -24% | 4% | 31% | 50% | 0% | 283 | ||
| 8222022 | -20% | 8% | 9% | 21% | -28% | 344 | ||
| 5092022 | -25% | -12% | -12% | 23% | -32% | 24 | ||
| 2232021 | -22% | 2% | 9% | 33% | -15% | 258 | ||
| 3092020 | -21% | -17% | 92% | 164% | -21% | 316 | ||
| 8052019 | -21% | -3% | 52% | 62% | -24% | 359 | ||
| 6062019 | -23% | -3% | 16% | 25% | -34% | 361 | ||
| 10242018 | -21% | -8% | -19% | 24% | -27% | 188 | ||
Tenable Passes Basic Financial Quality Checks
Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.
| Quality Metrics | Value | Quality Check |
|---|---|---|
| Revenue Growth (LTM) | 11.0% | Pass |
| Revenue Growth (3-Yr Avg) | 13.5% | Pass |
| Operating Cash Flow Margin (LTM) | 26.7% | Pass |
| Leverage (see below) | – | Pass |
| => Interest Coverage Ratio | 0.2 | |
| => Cash To Interest Expense Ratio | 14.2 |
Not sure if you can take a call on TENB stock? Consider portfolio approach
Portfolios Win When Stock Picks Fall Short
Single stocks swing wildly but staying invested matters. A well built portfolio helps you stay invested, captures upside and softens the blows from individual stocks.
The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? HQ Portfolio has posted more than 105% in cumulative return since inception, with less risk versus the benchmark index, as evident in HQ Portfolio performance metrics.