Tenable Holdings, Inc. (TENB)
NASDAQ: TENB · IEX Real-Time Price · USD
46.42
+0.27 (0.59%)
At close: Apr 24, 2024, 4:00 PM
45.66
-0.76 (-1.64%)
After-hours: Apr 24, 2024, 7:38 PM EDT
Tenable Holdings Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Tenable Holdings stock have an average target of 56.4, with a low estimate of 41 and a high estimate of 65. The average target predicts an increase of 21.50% from the current stock price of 46.42.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for TENB stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 7 | 7 | 7 |
| Buy | 6 | 6 | 7 | 7 | 7 | 7 |
| Hold | 3 | 3 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $62 | Strong Buy | Reiterates | $62 | +33.56% | Apr 23, 2024 |
| Wedbush | Wedbush | Buy Reiterates $65 | Buy | Reiterates | $65 | +40.03% | Apr 10, 2024 |
| Needham | Needham | Strong Buy Reiterates $62 | Strong Buy | Reiterates | $62 | +33.56% | Mar 19, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $50 → $60 | Strong Buy | Maintains | $50 → $60 | +29.25% | Feb 7, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $55 → $60 | Buy | Maintains | $55 → $60 | +29.25% | Feb 7, 2024 |
Financial Forecast
Revenue This Year
919.95M
from 798.71M
Increased by 15.18%
Revenue Next Year
1.05B
from 919.95M
Increased by 13.92%
EPS This Year
1.10
from -0.68
EPS Next Year
1.36
from 1.10
Increased by 23.43%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 955.9M | 1.1B | 1.3B | 1.6B |
| Avg | 920.0M | 1.0B | 1.2B | 1.5B |
| Low | 881.8M | 989.1M | 1.1B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 19.7% | 22.1% | 26.7% | 27.2% |
| Avg | 15.2% | 13.9% | 18.3% | 19.0% |
| Low | 10.4% | 7.5% | 7.3% | 9.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.16 | 1.59 | 1.93 | 2.07 |
| Avg | 1.10 | 1.36 | 1.78 | 2.01 |
| Low | 1.03 | 1.19 | 1.65 | 1.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 44.0% | 42.1% | 16.0% |
| Avg | - | 23.4% | 31.1% | 12.7% |
| Low | - | 7.7% | 21.1% | 8.3% |
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.