Tenable (TENB) Stock Forecast, Price Target & Predictions


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TENB Stock Forecast


Tenable stock forecast is as follows: an average price target of $60.14 (represents a 50.50% upside from TENB’s last price of $39.96) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

TENB Price Target


The average price target for Tenable (TENB) is $60.14 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $47.00. This represents a potential 50.50% upside from TENB's last price of $39.96.

TENB Analyst Ratings


Buy

According to 11 Wall Street analysts, Tenable's rating consensus is 'Buy'. The analyst rating breakdown for TENB stock is 0 'Strong Buy' (0.00%), 7 'Buy' (63.64%), 4 'Hold' (36.36%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Tenable Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 13, 2024Mike CikosNeedham$50.00$39.5026.58%25.13%
Jan 09, 2024Hamza FodderwalaMorgan Stanley$60.00$43.8136.96%50.15%
Aug 18, 2023Brian ColleyStephens$60.00$44.5934.54%50.15%
Apr 25, 2023Mike CikosNeedham$48.00$36.4131.83%20.12%
Jul 29, 2022-Wolfe Research$47.00$38.3122.68%17.62%
Jul 20, 2022-Needham$60.00$47.0827.44%50.15%
Apr 28, 2022-Wolfe Research$75.00$56.7132.25%87.69%
Apr 21, 2022-Canaccord Genuity$75.00$58.5328.14%87.69%
Nov 10, 2021Shebly SeyrafiFBN Securities$65.00$54.0620.24%62.66%
Oct 27, 2021Drew SmithBerenberg Bank$64.00$52.3322.30%60.16%
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The latest Tenable stock forecast, released on Sep 13, 2024 by Mike Cikos from Needham, set a price target of $50.00, which represents a 26.58% increase from the stock price at the time of the forecast ($39.50), and a 25.13% increase from TENB last price ($39.96).

Tenable Price Target by Period


1M3M12M
# Anlaysts112
Avg Price Target$50.00$50.00$55.00
Last Closing Price$39.96$39.96$39.96
Upside/Downside25.13%25.13%37.64%

In the current month, the average price target of Tenable stock is $50.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 25.13% increase as opposed to Tenable's last price of $39.96. This month's average price target is down 0.00% compared to last quarter, and down -9.09% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 13, 2024WestPark CapitalSector PerformSector PerformHold
Sep 13, 2024Wells FargoUnderperformUnderperformHold
Sep 13, 2024NeedhamBuyBuyHold
Aug 01, 2024WestPark CapitalSector PerformSector PerformHold
Aug 01, 2024Wells FargoUnderperformUnderperformHold
Aug 01, 2024WestPark CapitalBuyHoldDowngrade
Jul 15, 2024WedbushSector PerformSector PerformHold
Jul 15, 2024ScotiabankUnderperformUnderperformHold
Jun 14, 2024WedbushSector PerformSector PerformHold
Jun 14, 2024ScotiabankUnderperformUnderperformHold
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Tenable's last stock rating was published by WestPark Capital on Sep 13, 2024. The company gave TENB a "Sector Perform" rating, the same as its previous rate.

Tenable Financial Forecast


Tenable Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$213.31M$201.53M$195.04M$188.84M$184.63M$174.85M-$159.37M$149.02M$138.66M$130.26M$123.19M$118.08M$112.28M$107.21M$102.65M$97.05M$91.85M
Avg Forecast$283.62M$271.32M$266.87M$261.84M$260.84M$249.20M$243.67M$237.40M$232.10M$223.17M$218.70M$213.55M$206.45M$198.38M$190.26M$187.15M$181.37M$170.19M$163.29M$153.50M$144.54M$134.59M$125.50M$119.96M$114.59M$109.63M$102.16M$100.28M$94.27M$88.79M
High Forecast$285.94M$273.54M$269.06M$263.98M$262.98M$251.24M$245.67M$239.34M$234.00M$224.75M$220.49M$215.31M$207.50M$200.83M$191.82M$188.68M$182.86M$171.58M$163.29M$154.57M$145.55M$135.54M$126.38M$120.80M$115.39M$110.40M$102.87M$100.98M$94.93M$89.41M
Low Forecast$282.26M$270.02M$265.59M$260.58M$259.59M$248.00M$242.50M$236.26M$230.98M$222.35M$217.65M$212.53M$205.50M$197.92M$189.34M$186.25M$180.51M$169.37M$163.29M$152.46M$143.57M$133.69M$124.66M$119.16M$113.82M$108.90M$101.47M$99.60M$93.64M$88.19M
# Analysts66121110987813648181591016811991416118812712
Surprise %------------1.03%1.02%1.03%1.01%1.02%1.03%-1.04%1.03%1.03%1.04%1.03%1.03%1.02%1.05%1.02%1.03%1.03%

Tenable's average Quarter revenue forecast for Mar 24 based on 4 analysts is $213.55M, with a low forecast of $212.53M, and a high forecast of $215.31M. TENB's average Quarter revenue forecast represents a 0.12% increase compared to the company's last Quarter revenue of $213.31M (Dec 23).

Tenable EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110987813648181591016811991416118812712
EBITDA------------$3.10M$-477.00K$1.14M$-8.24M$-4.14M$-9.26M-$-13.60M$-15.12M$-14.68M$-8.45M$-3.11M$1.99M$-1.34M$-7.36M$-18.49M$-23.07M$-15.53M
Avg Forecast$-23.88M$-22.84M$-22.47M$-22.05M$-21.96M$-20.98M$-20.52M$-19.99M$-19.54M$-18.79M$-18.41M$-15.14M$-17.38M$-16.70M$-16.02M$-13.76M$-15.27M$-21.25M$-13.75M$-10.88M$-8.32M$-19.32M$-11.26M$-2.87M$1.84M$-1.34M$-18.55M$-25.39M$-25.00M$-21.17M
High Forecast$-23.77M$-22.74M$-22.36M$-21.94M$-21.86M$-20.88M$-20.42M$-19.89M$-19.45M$-18.72M$-18.33M$-12.11M$-17.30M$-16.66M$-15.94M$-11.01M$-15.20M$-17.00M$-13.75M$-8.70M$-6.65M$-15.46M$-9.01M$-2.29M$2.20M$-1.07M$-14.84M$-20.32M$-20.00M$-16.94M
Low Forecast$-24.08M$-23.03M$-22.65M$-22.23M$-22.14M$-21.15M$-20.68M$-20.15M$-19.70M$-18.92M$-18.57M$-18.16M$-17.47M$-16.91M$-16.15M$-16.51M$-15.40M$-25.50M$-13.75M$-13.05M$-9.98M$-23.18M$-13.51M$-3.44M$1.47M$-1.61M$-22.27M$-30.47M$-30.00M$-25.40M
Surprise %-------------0.18%0.03%-0.07%0.60%0.27%0.44%-1.25%1.82%0.76%0.75%1.08%1.08%1.00%0.40%0.73%0.92%0.73%

4 analysts predict TENB's average Quarter EBITDA for Mar 24 to be $-15.14M, with a high of $-12.11M and a low of $-18.16M. This is -587.44% lower than Tenable's previous annual EBITDA (Dec 23) of $3.10M.

Tenable Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110987813648181591016811991416118812712
Net Income------------$-21.65M$-15.56M$-15.97M$-25.10M$-21.49M$-18.73M-$-24.51M$-11.04M$-16.25M$-11.64M$-7.75M$-1.94M$-5.86M$-11.96M$-22.98M$-38.30M$-17.64M
Avg Forecast$50.30M$47.67M$46.60M$41.70M$45.97M$42.20M$40.04M$36.92M$38.56M$35.10M$28.01M$-27.28M$16.57M$21.60M$15.12M$-24.80M$8.64M$-23.51M$1.36M$-19.60M$-6.07M$-21.38M$-15.52M$-7.15M$-1.79M$-5.86M$-30.14M$-31.56M$-41.50M$-24.05M
High Forecast$50.83M$48.17M$47.10M$42.15M$46.46M$42.65M$40.47M$37.32M$38.97M$36.31M$28.31M$-21.82M$16.75M$22.80M$15.28M$-19.84M$8.73M$-18.81M$1.36M$-15.68M$-4.86M$-17.10M$-12.41M$-5.72M$-1.43M$-4.69M$-24.11M$-25.25M$-33.20M$-19.24M
Low Forecast$49.98M$47.37M$46.31M$41.44M$45.68M$41.93M$39.79M$36.69M$38.32M$33.89M$27.83M$-32.74M$15.39M$20.40M$15.03M$-29.76M$8.58M$-28.22M$1.36M$-23.53M$-7.29M$-25.65M$-18.62M$-8.58M$-2.14M$-7.03M$-36.17M$-37.88M$-49.80M$-28.87M
Surprise %-------------1.31%-0.72%-1.06%1.01%-2.49%0.80%-1.25%1.82%0.76%0.75%1.08%1.08%1.00%0.40%0.73%0.92%0.73%

Tenable's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. TENB's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Tenable SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110987813648181591016811991416118812712
SG&A------------$132.40M$126.64M$124.42M$124.31M$116.57M$113.10M-$107.70M$100.33M$92.14M$87.51M$80.08M$74.08M$71.22M$73.32M$78.79M$83.50M$74.17M
Avg Forecast$196.97M$188.42M$185.34M$181.84M$181.15M$173.06M$169.22M$164.87M$161.19M$154.98M$151.88M$119.89M$143.37M$137.77M$132.13M$108.99M$125.96M$133.37M$113.40M$86.16M$55.18M$121.24M$116.69M$73.88M$68.34M$71.22M$70.95M$69.64M$90.46M$61.66M
High Forecast$198.58M$189.97M$186.85M$183.33M$182.63M$174.48M$170.61M$166.22M$162.51M$156.09M$153.13M$143.86M$144.10M$139.47M$133.21M$130.79M$126.99M$160.04M$113.40M$103.39M$66.22M$145.49M$140.02M$88.65M$82.01M$85.47M$71.44M$70.13M$108.56M$62.09M
Low Forecast$196.02M$187.52M$184.45M$180.97M$180.28M$172.23M$168.41M$164.08M$160.41M$154.42M$151.15M$95.91M$142.72M$137.45M$131.50M$87.19M$125.36M$106.69M$113.40M$68.93M$44.15M$96.99M$93.35M$59.10M$54.67M$56.98M$70.47M$69.17M$72.37M$61.25M
Surprise %------------0.92%0.92%0.94%1.14%0.93%0.85%-1.25%1.82%0.76%0.75%1.08%1.08%1.00%1.03%1.13%0.92%1.20%

Tenable's average Quarter SG&A projection for Mar 24 is $119.89M, based on 4 Wall Street analysts, with a range of $95.91M to $143.86M. The forecast indicates a -9.45% fall compared to TENB last annual SG&A of $132.40M (Dec 23).

Tenable EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110987813648181591016811991416118812712
EPS------------$-0.19$-0.13$-0.14$-0.22$-0.19$-0.17-$-0.22$-0.10$-0.15$-0.11$-0.07$-0.02$-0.06$-0.12$-0.23$-0.39$-0.18
Avg Forecast$0.42$0.40$0.39$0.35$0.39$0.36$0.34$0.31$0.32$0.30$0.24$0.17$0.14$0.18$0.13$0.03$0.07$0.03$0.01$0.05$0.03$0.02$0.05$0.07$0.06$0.03$-0.06$-0.19$-0.13$-0.11
High Forecast$0.43$0.41$0.40$0.36$0.39$0.36$0.34$0.31$0.33$0.31$0.24$0.17$0.14$0.19$0.13$0.03$0.07$0.03$0.01$0.05$0.03$0.02$0.05$0.07$0.06$0.03$-0.06$-0.19$-0.13$-0.11
Low Forecast$0.42$0.40$0.39$0.35$0.38$0.35$0.34$0.31$0.32$0.29$0.23$0.17$0.13$0.17$0.13$0.03$0.07$0.03$0.01$0.05$0.02$0.02$0.05$0.07$0.06$0.03$-0.06$-0.19$-0.13$-0.11
Surprise %-------------1.36%-0.71%-1.10%-7.35%-2.61%-5.63%--4.45%-3.99%-7.05%-2.26%-0.97%-0.33%-2.17%2.09%1.22%3.04%1.62%

According to undefined Wall Street analysts, Tenable's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to TENB previous annual EPS of $NaN (undefined).

Tenable Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RPDRapid7$34.24$78.69129.82%Buy
VRNTVerint Systems$26.46$45.7172.75%Buy
OKTAOkta$74.21$120.6962.63%Hold
TENBTenable$39.96$60.1450.50%Buy
VRSNVeriSign$182.86$254.0038.90%Buy
QLYSQualys$124.32$147.1418.36%Buy
SPSCSPS Commerce$192.18$222.2515.65%Buy
DOXAmdocs$86.41$95.7510.81%Buy
CSGSCSG Systems$48.31$52.007.64%Buy
WIXWix$160.15$172.157.49%Buy
SSentinelOne$24.93$26.124.77%Buy
FFIVF5$214.64$213.93-0.33%Hold
NEWRNew Relic$86.99$86.38-0.70%Buy
VRNSVaronis Systems$53.84$52.26-2.93%Buy
CYBRCyberArk Software$272.92$242.54-11.13%Buy
CHKPCheck Point Software$191.70$154.65-19.33%Buy

TENB Forecast FAQ


Yes, according to 11 Wall Street analysts, Tenable (TENB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 63.64% of TENB's total ratings.

Tenable (TENB) average price target is $60.14 with a range of $47 to $75, implying a 50.50% from its last price of $39.96. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for TENB stock, the company can go up by 50.50% (from the last price of $39.96 to the average price target of $60.14), up by 87.69% based on the highest stock price target, and up by 17.62% based on the lowest stock price target.

TENB's average twelve months analyst stock price target of $60.14 supports the claim that Tenable can reach $60 in the near future.

1 Wall Street analyst forecast a $50 price target for Tenable (TENB) this month, up 25.13% from its last price of $39.96. Compared to the last 3 and 12 months, the average price target increased by 25.13% and increased by 37.64%, respectively.

Tenable's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $991.1M (high $999.23M, low $986.35M), average EBITDA is $-83.45M (high $-83.05M, low $-84.134M), average net income is $165.13M (high $166.89M, low $164.1M), average SG&A $688.3M (high $693.94M, low $685M), and average EPS is $1.39 (high $1.41, low $1.38). TENB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.08B (high $1.09B, low $1.08B), average EBITDA is $-91.241M (high $-90.804M, low $-91.989M), average net income is $186.27M (high $188.25M, low $185.1M), average SG&A $752.57M (high $758.74M, low $748.96M), and average EPS is $1.57 (high $1.59, low $1.56).

Based on Tenable's last annual report (Dec 2023), the company's revenue was $798.71M, beating the average analysts forecast of $782.23M by 2.11%. Apple's EBITDA was $-11.081M, missing the average prediction of $-63.865M by -82.65%. The company's net income was $-78.284M, missing the average estimation of $28.49M by -374.76%. Apple's SG&A was $503.04M, missing the average forecast of $522.26M by -3.68%. Lastly, the company's EPS was $-0.68, missing the average prediction of $0.479 by -241.97%. In terms of the last quarterly report (Dec 2023), Tenable's revenue was $213.31M, beating the average analysts' forecast of $206.45M by 3.32%. The company's EBITDA was $3.1M, missing the average prediction of $-17.383M by -117.86%. Tenable's net income was $-21.648M, missing the average estimation of $16.57M by -230.65%. The company's SG&A was $132.4M, missing the average forecast of $143.37M by -7.65%. Lastly, the company's EPS was $-0.19, missing the average prediction of $0.14 by -236.09%