10 Best Cybersecurity Stocks to Buy Under $100

3. Tenable Holdings, Inc. (NASDAQ:TENB)

Price Per Share: $32.06

No. of Hedge Fund Holders: 44

Tenable Holdings, Inc. (NASDAQ:TENB) is one of the best cybersecurity stocks to buy under $100. On July 24, Cantor Fitzgerald reiterated its Overweight rating on Tenable Holdings, Inc. (NASDAQ:TENB), maintaining its price target at $42.

Cantor Fitzgerald analyst Jonathan Ruykhaver kept his overweight rating on TENB ahead of the company’s Q2 2025 earnings. The analyst sees Tenable as a value play with potential upside driven by its One Platform, strategic mergers and acquisitions, and rising demand for its cloud security offering. The company has reduced its FY2025 billings and revenue guidance following its Q1 results due to concerns around government spending and macroeconomic pressures. The fact that the company hasn’t signed any deal cancellations, Ruykhaver believes that Tenable is setting conservative benchmarks that it can exceed throughout the year.

The company has a notable gross profit margin of 79% and has achieved 11.8% revenue growth over the last twelve months. Moreover, the company has a strong federal presence, with almost 15% of revenue coming from the public sector. Analysts expect Tenable to post an average earnings of $0.30 per share during Q2, in line with EPS a year ago. Despite the weak indicators, the firm maintains its strong presence in the industry.

Tenable Holdings, Inc. (NASDAQ:TENB) is an exposure management company that offers security visibility, insight, and action. It exposes and closes the cybersecurity gaps for organizations. Its exposure management tools can be deployed across on-premises, hybrid, and cloud environments. The tools assess cyber threats from third-party data sources that are part of the company’s IT stack.