Tenable Holdings, Inc. (TENB)
NASDAQ: TENB · IEX Real-Time Price · USD
44.05
+0.68 (1.57%)
Jul 22, 2024, 3:59 PM EDT - Market closed

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 29.88% from the current stock price of 44.05.

Analyst Consensus: Buy
Target Low Average Median High
Price $41 $57.21 $60 $65
Change -6.92% +29.88% +36.21% +47.56%

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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 775554
Buy 777778
Hold 112222
Sell 000000
Strong Sell 000000
Total 151514141414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Baird
Baird
Buy
Initiates
$55
Buy Initiates $55 +24.86% Jul 15, 2024
Needham
Needham
Strong Buy
Reiterates
$62
Strong Buy Reiterates $62 +40.75% Jun 14, 2024
Needham
Needham
Strong Buy
Reiterates
$62
Strong Buy Reiterates $62 +40.75% May 14, 2024
Needham
Needham
Strong Buy
Reiterates
$62
Strong Buy Reiterates $62 +40.75% May 2, 2024
Wedbush
Wedbush
Buy
Reiterates
$65
Buy Reiterates $65 +47.56% May 2, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
354.59M440.22M541.13M683.19M798.71M922.66M1.05B1.21B1.53B1.81B
Revenue Growth
32.62%24.15%22.92%26.25%16.91%15.52%13.69%15.25%26.47%18.25%
EPS
-1.03-0.42-0.44-0.83-0.681.121.371.722.112.68
EPS Growth
------22.01%25.10%23.09%27.05%
Forward PE
-----39.2032.1325.6820.8616.42
No. Analysts -----2323833
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.