Tenable Holdings, Inc. (TENB)
NASDAQ: TENB · Real-Time Price · USD
41.58
-0.56 (-1.33%)
Oct 22, 2024, 4:00 PM EDT - Market closed

Tenable Holdings Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Tenable Holdings stock have an average target of 52.07, with a low estimate of 40 and a high estimate of 65. The average target predicts an increase of 25.23% from the current stock price of 41.58.

Analyst Consensus: Buy
Target Low Average Median High
Price $40 $52.07 $52 $65
Change -3.80% +25.23% +25.06% +56.33%

Analyst Ratings

The average analyst rating for TENB stock from 16 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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 554444
Buy 778987
Hold 222445
Sell 000000
Strong Sell 000000
Total 141414171616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Hold
Initiates
$45
Hold Initiates $45 +8.23% Oct 16, 2024
Needham
Needham
Strong Buy
Reiterates
$50
Strong Buy Reiterates $50 +20.25% Sep 13, 2024
Needham
Needham
Strong Buy
Maintains
$62$50
Strong Buy Maintains $62$50 +20.25% Aug 1, 2024
Scotiabank
Scotiabank
Hold
Maintains
$47$44
Hold Maintains $47$44 +5.82% Aug 1, 2024
Barclays
Barclays
Hold
Maintains
$57$49
Hold Maintains $57$49 +17.85% Aug 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
910.48M
from 798.71M
Increased by 13.99%
Revenue Next Year
1.01B
from 910.48M
Increased by 11.15%
EPS This Year
1.21
from -0.68
EPS Next Year
1.44
from 1.21
Increased by 18.86%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
354.59M440.22M541.13M683.19M798.71M910.48M1.01B1.12B
Revenue Growth
32.62%24.15%22.92%26.25%16.91%13.99%11.15%10.77%
EPS
-1.03-0.42-0.44-0.83-0.681.211.441.75
EPS Growth
------18.86%21.63%
Forward PE
-----34.4428.9723.82
No. Analysts -----252511
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 943.2M 1.1B 1.2B
Avg 910.5M 1.0B 1.1B
Low 869.3M 936.1M 1.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
18.1%
17.5%
18.9%
Avg
14.0%
11.2%
10.8%
Low
8.8%
2.8%
2.6%

EPS Forecast

EPS 20242025202620272028
High 1.32 1.71 2.17
Avg 1.21 1.44 1.75
Low 1.13 1.24 1.38

EPS Growth

EPS Growth 20242025202620272028
High -
41.8%
51.5%
Avg -
18.9%
21.6%
Low -
2.8%
-3.7%
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.