Tenable (TENB) Stock Forecast, Price Target & Predictions


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TENB Stock Forecast


Tenable (TENB) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $47.50, with a high of $50.00 and a low of $45.00. This represents a 9.25% increase from the last price of $43.48.

$35 $38 $41 $44 $47 $50 High: $50 Avg: $47.5 Low: $45 Last Closed Price: $43.48

TENB Stock Rating


Tenable stock's rating consensus is Buy, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 6 Buy (54.55%), 5 Hold (45.45%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 11 0 5 6 Strong Sell Sell Hold Buy Strong Buy

TENB Forecast vs Benchmarks


TypeNameUpside
StockTenable9.25%
SectorTechnology Stocks 13.03%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$47.50
Last Closing Price$43.48$43.48$43.48
Upside/Downside--9.25%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2541010--24
Dec, 245109--24
Nov, 245108--23
Oct, 245128--25
Sep, 245137--25
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024Joseph GalloJefferies$45.00$42.565.73%3.50%
Sep 13, 2024Mike CikosNeedham$50.00$39.5026.58%15.00%
Jan 09, 2024Hamza FodderwalaMorgan Stanley$60.00$43.8136.96%37.99%
Aug 18, 2023Brian ColleyStephens$60.00$44.6034.53%37.99%
Apr 25, 2023Mike CikosNeedham$48.00$36.4131.83%10.40%
Jul 29, 2022Wolfe Research$47.00$38.3122.68%8.10%
Jul 20, 2022Needham$60.00$47.0827.44%37.99%
Apr 28, 2022Wolfe Research$75.00$56.7132.25%72.49%
Apr 21, 2022Canaccord Genuity$75.00$58.5328.14%72.49%
Nov 10, 2021Shebly SeyrafiFBN Securities$65.00$54.0620.24%49.49%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Dec 19, 2024JefferiesHoldHoldhold
Dec 02, 2024Morgan StanleyEqual-WeightEqual-Weightdowngrade
Oct 23, 2024Wells FargoUnderperformUnderperformhold
Oct 16, 2024WestPark CapitalSector PerformSector Performhold
Oct 16, 2024JefferiesOverweightHoldinitialise
Sep 13, 2024WestPark CapitalSector PerformSector Performhold
Sep 13, 2024NeedhamBuyBuyhold
Aug 01, 2024Wells FargoUnderperformUnderperformhold
Aug 01, 2024WestPark CapitalBuyHolddowngrade
Jul 15, 2024WedbushSector PerformSector Performhold

Financial Forecast


EPS Forecast

$-1 $0 $1 $2 $3 $4 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-0.42$-0.44$-0.83$-0.68----
Avg Forecast$0.12$0.31$0.33$0.70$1.22$1.42$1.70$0.41
High Forecast$0.12$0.31$0.32$0.68$1.18$1.32$-1.00$0.40
Low Forecast$0.13$0.32$0.34$0.71$1.23$1.55$4.15$0.42
Surprise %-450.00%-241.94%-351.52%-197.14%----

Revenue Forecast

$400M $590M $780M $970M $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$440.22M$541.13M$683.19M$798.71M----
Avg Forecast$436.99M$536.70M$680.04M$791.89M$895.83M$980.82M$1.08B$1.27B
High Forecast$429.54M$527.55M$669.31M$790.99M$895.05M$966.61M$1.07B$1.24B
Low Forecast$443.69M$544.93M$692.92M$792.84M$897.74M$996.40M$1.08B$1.30B
Surprise %0.74%0.83%0.46%0.86%----

Net Income Forecast

$-150M $-20M $110M $240M $370M $500M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-42.73M$-46.68M$-92.22M$-78.28M----
Avg Forecast$-69.35M$-50.12M$-66.87M$-78.28M$138.75M$165.46M$-1.15M$47.75M
High Forecast$-83.22M$-60.14M$-80.24M$-93.94M$136.11M$151.77M$-115.14M$45.92M
Low Forecast$-55.48M$-40.09M$-53.50M$-62.63M$141.39M$179.15M$478.81M$48.87M
Surprise %-38.38%-6.86%37.91%-----

TENB Forecast FAQ


Is Tenable stock a buy?

Tenable stock has a consensus rating of Buy, based on 11 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 6 Buy, 5 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Tenable is a favorable investment for most analysts.

What is Tenable's price target?

Tenable's price target, set by 11 Wall Street analysts, averages $47.5 over the next 12 months. The price target range spans from $45 at the low end to $50 at the high end, suggesting a potential 9.25% change from the previous close price of $43.48.

How does Tenable stock forecast compare to the average forecast of its sector, industry, and investment themes?

Tenable stock forecast shows a 9.25% upside, underperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for Tenable over the past three months?

  • January 2025: 16.67% Strong Buy, 41.67% Buy, 41.67% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 20.83% Strong Buy, 41.67% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 21.74% Strong Buy, 43.48% Buy, 34.78% Hold, 0% Sell, 0% Strong Sell.

What is Tenable’s EPS forecast?

Tenable's average annual EPS forecast for its fiscal year ending in December is 1.22 for 2024, a -279.41% decrease from the reported $-0.68 in 2023. The prediction for 2025 is $1.42, $1.7 for 2026, and $0.41 for 2027.

What is Tenable’s revenue forecast?

Tenable's average annual revenue forecast for its fiscal year ending in December is $895.83M for 2024, a 12.16% increase from the reported $798.71M in 2023. The forecast for 2025 is $980.82M, $1.08B for 2026, and $1.27B for 2027.

What is Tenable’s net income forecast?

For its fiscal year ending in December, Tenable's average annual net income forecast is $138.75M for 2024, reflecting a -277.24% decrease from the reported $-78.284M in 2023. The projection for 2025 is $165.46M, $-1.15M for 2026, and $47.75M for 2027.