Tenable Holdings, Inc. (TENB)
NASDAQ: TENB · IEX Real-Time Price · USD
43.37
-0.49 (-1.12%)
At close: Jul 19, 2024, 4:00 PM
44.02
+0.65 (1.50%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Tenable Holdings Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Tenable Holdings stock have an average target of 57.21, with a low estimate of 41 and a high estimate of 65. The average target predicts an increase of 31.91% from the current stock price of 43.37.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TENB stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 5 | 5 | 5 | 4 |
| Buy | 7 | 7 | 7 | 7 | 7 | 8 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Initiates $55 | Buy | Initiates | $55 | +26.82% | Jul 15, 2024 |
| Needham | Needham | Strong Buy Reiterates $62 | Strong Buy | Reiterates | $62 | +42.96% | Jun 14, 2024 |
| Needham | Needham | Strong Buy Reiterates $62 | Strong Buy | Reiterates | $62 | +42.96% | May 14, 2024 |
| Needham | Needham | Strong Buy Reiterates $62 | Strong Buy | Reiterates | $62 | +42.96% | May 2, 2024 |
| Wedbush | Wedbush | Buy Reiterates $65 | Buy | Reiterates | $65 | +49.87% | May 2, 2024 |
Financial Forecast
Revenue This Year
922.66M
from 798.71M
Increased by 15.52%
Revenue Next Year
1.05B
from 922.66M
Increased by 13.69%
EPS This Year
1.12
from -0.68
EPS Next Year
1.37
from 1.12
Increased by 22.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 953.4M | 1.1B | 1.3B | 1.6B | 1.9B |
| Avg | 922.7M | 1.0B | 1.2B | 1.5B | 1.8B |
| Low | 883.3M | 982.0M | 1.1B | 1.5B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.4% | 21.4% | 26.5% | 30.2% | 21.7% |
| Avg | 15.5% | 13.7% | 15.3% | 26.5% | 18.2% |
| Low | 10.6% | 6.4% | 3.1% | 21.5% | 13.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.18 | 1.51 | 1.91 | 2.17 | 2.76 |
| Avg | 1.12 | 1.37 | 1.72 | 2.11 | 2.68 |
| Low | 1.05 | 1.22 | 1.34 | 2.03 | 2.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 34.5% | 39.4% | 26.7% | 30.8% |
| Avg | - | 22.0% | 25.1% | 23.1% | 27.1% |
| Low | - | 8.1% | -2.1% | 18.3% | 22.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.