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 $47.50 (represents a 15.71% upside from TENB’s last price of $41.05) 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 $47.50 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $45.00. This represents a potential 15.71% upside from TENB's last price of $41.05.

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%), 6 'Buy' (54.55%), 5 'Hold' (45.45%), 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
Oct 16, 2024Joseph GalloJefferies$45.00$42.565.73%9.62%
Sep 13, 2024Mike CikosNeedham$50.00$39.5026.58%21.80%
Jan 09, 2024Hamza FodderwalaMorgan Stanley$60.00$43.8136.96%46.16%
Aug 18, 2023Brian ColleyStephens$60.00$44.5934.54%46.16%
Apr 25, 2023Mike CikosNeedham$48.00$36.4131.83%16.93%
Jul 29, 2022Wolfe Research$47.00$38.3122.68%14.49%
Jul 20, 2022Needham$60.00$47.0827.44%46.16%
Apr 28, 2022Wolfe Research$75.00$56.7132.25%82.70%
Apr 21, 2022Canaccord Genuity$75.00$58.5328.14%82.70%
Nov 10, 2021Shebly SeyrafiFBN Securities$65.00$54.0620.24%58.34%
Oct 27, 2021Drew SmithBerenberg Bank$64.00$52.3322.30%55.91%

The latest Tenable stock forecast, released on Oct 16, 2024 by Joseph Gallo from Jefferies, set a price target of $45.00, which represents a 5.73% increase from the stock price at the time of the forecast ($42.56), and a 9.62% increase from TENB last price ($41.05).

Tenable Price Target by Period


1M3M12M
# Anlaysts-13
Avg Price Target-$45.00$51.67
Last Closing Price$41.05$41.05$41.05
Upside/Downside-100.00%9.62%25.87%

In the current month, the average price target of Tenable stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Tenable's last price of $41.05. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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, 2024Wells FargoUnderperformUnderperformHold
Sep 13, 2024NeedhamBuyBuyHold
Aug 01, 2024WestPark CapitalSector PerformSector PerformHold
Aug 01, 2024Wells FargoUnderperformUnderperformHold
Aug 01, 2024WestPark CapitalBuyHoldDowngrade
Jul 15, 2024ScotiabankUnderperformUnderperformHold
Jul 15, 2024WedbushSector PerformSector PerformHold
Jun 14, 2024WedbushSector PerformSector PerformHold
Jun 14, 2024ScotiabankUnderperformUnderperformHold
Apr 25, 2024ScotiabankSector PerformInitialise
Jan 12, 2024WestPark CapitalBuyUpgrade
Nov 02, 2023NeedhamBuyBuyHold
Nov 02, 2023RBC CapitalSector PerformDowngrade
Sep 11, 2023JefferiesOverweightUpgrade
Aug 18, 2023StephensOutperformInitialise
Apr 25, 2023WedbushOutperformOutperformHold
Apr 25, 2023NeedhamBuyBuyHold
Apr 25, 2023Wells FargoOverweightOverweightHold
Apr 25, 2023BarclaysOverweightOverweightHold
Apr 25, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Apr 25, 2023Canaccord GenuityBuyBuyHold
Oct 26, 2022NeedhamBuyBuyHold
Oct 26, 2022WedbushOutperformOutperformHold
Oct 26, 2022Piper SandlerOverweightOverweightHold
Oct 26, 2022Morgan StanleyOverweightOverweightHold
Jul 29, 2022Wolfe ResearchOutperformOutperformHold
Jul 20, 2022NeedhamBuyBuyHold
Apr 28, 2022Wolfe ResearchOutperformOutperformHold
Apr 25, 2022NeedhamBuyBuyHold

Tenable's last stock rating was published by Morgan Stanley on Dec 02, 2024. The company gave TENB a "Equal-Weight" 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 22Jun 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$164.34M$159.37M$149.02M$138.66M$130.26M$123.19M$118.08M$112.28M$107.21M$102.65M$97.05M$91.85M
Avg Forecast$281.90M$274.56M$266.81M$260.48M$255.78M$248.56M$241.70M$235.86M$231.54M$223.27M$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$286.99M$279.52M$271.62M$265.18M$260.40M$253.04M$246.06M$239.25M$233.72M$223.32M$218.78M$213.55M$207.50M$200.83M$193.69M$190.53M$184.65M$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
Low Forecast$279.46M$272.19M$264.50M$258.23M$253.57M$246.41M$239.61M$234.44M$230.72M$223.22M$218.62M$213.55M$205.50M$197.92M$188.61M$185.53M$179.81M$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
# Analysts99995551214954818159101681099136999955
Surprise %------------1.03%1.02%1.03%1.01%1.02%1.03%1.01%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 $213.55M, and a high forecast of $213.55M. 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99995551214954818159101681099136999955
EBITDA------------$3.10M$-477.00K$1.14M$-8.24M$-4.14M$-9.26M$-19.84M$-13.60M$-15.12M$-14.68M$-8.45M$-3.11M$1.99M$-1.34M$-7.36M$-18.49M$-23.07M$-15.53M
Avg Forecast$-23.87M$-23.25M$-22.59M$-22.06M$-21.66M$-21.05M$-20.47M$-19.97M$-19.61M$-18.91M$-18.52M$-15.14M$-17.48M$-16.80M$-16.11M$-13.76M$-9.15M$-14.33M$-13.75M$-10.88M$-12.17M$-11.33M$-10.57M$-2.87M$-9.65M$-9.23M$-8.60M$-25.39M$-7.94M$-7.48M
High Forecast$-23.67M$-23.05M$-22.40M$-21.87M$-21.47M$-20.87M$-20.29M$-19.85M$-19.54M$-18.90M$-18.51M$-12.11M$-17.40M$-16.76M$-15.97M$-11.01M$-7.32M$-14.33M$-13.75M$-8.70M$-12.17M$-11.33M$-10.57M$-2.29M$-9.65M$-9.23M$-8.60M$-20.32M$-7.94M$-7.48M
Low Forecast$-24.30M$-23.67M$-23.00M$-22.46M$-22.05M$-21.43M$-20.84M$-20.26M$-19.79M$-18.91M$-18.53M$-18.16M$-17.57M$-17.01M$-16.40M$-16.51M$-10.98M$-14.33M$-13.75M$-13.05M$-12.17M$-11.33M$-10.57M$-3.44M$-9.65M$-9.23M$-8.60M$-30.47M$-7.94M$-7.48M
Surprise %-------------0.18%0.03%-0.07%0.60%0.45%0.65%1.44%1.25%1.24%1.30%0.80%1.08%-0.21%0.14%0.86%0.73%2.91%2.08%

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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99995551214954818159101681099136999955
Net Income------------$-21.65M$-15.56M$-15.97M$-25.10M$-21.49M$-18.73M$-27.50M$-24.51M$-11.04M$-16.25M$-11.64M$-7.75M$-1.94M$-5.86M$-11.96M$-22.98M$-38.30M$-17.64M
Avg Forecast$54.52M$51.71M$49.62M$46.77M$46.39M$43.33M$41.00M$38.53M$40.77M$35.18M$28.12M$-27.28M$16.64M$21.69M$15.18M$-24.80M$-6.68M$3.59M$1.37M$-19.60M$2.98M$2.53M$5.78M$-7.15M$7.24M$3.29M$-6.82M$-31.56M$-15.24M$-13.21M
High Forecast$55.79M$52.92M$50.79M$47.87M$47.47M$44.35M$41.96M$43.34M$41.97M$35.23M$28.12M$-21.82M$17.03M$22.89M$15.54M$-19.84M$-5.35M$3.59M$1.37M$-15.68M$2.98M$2.53M$5.78M$-5.72M$7.24M$3.29M$-6.82M$-25.25M$-15.24M$-13.21M
Low Forecast$53.90M$51.13M$49.07M$46.24M$45.87M$42.84M$40.54M$33.71M$40.31M$35.13M$28.12M$-32.74M$15.45M$20.49M$15.01M$-29.76M$-8.02M$3.59M$1.37M$-23.53M$2.98M$2.53M$5.78M$-8.58M$7.24M$3.29M$-6.82M$-37.88M$-15.24M$-13.21M
Surprise %-------------1.30%-0.72%-1.05%1.01%3.22%-5.22%-20.02%1.25%-3.71%-6.43%-2.02%1.08%-0.27%-1.78%1.75%0.73%2.51%1.34%

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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99995551214954818159101681099136999955
SG&A------------$132.40M$126.64M$124.42M$124.31M$116.57M$113.10M$115.30M$107.70M$100.33M$92.14M$87.51M$80.08M$74.08M$71.22M$73.32M$78.79M$83.50M$74.17M
Avg Forecast$196.24M$191.13M$185.73M$181.32M$178.06M$173.03M$168.25M$164.19M$161.18M$155.42M$152.24M$119.89M$143.72M$138.10M$132.44M$108.99M$60.70M$118.19M$113.40M$86.16M$100.38M$93.47M$87.16M$73.88M$79.58M$76.14M$70.95M$69.64M$65.47M$61.66M
High Forecast$199.78M$194.58M$189.09M$184.60M$181.27M$176.15M$171.29M$166.55M$162.70M$155.46M$152.30M$143.86M$144.44M$139.80M$134.83M$130.79M$72.84M$118.19M$113.40M$103.39M$100.38M$93.47M$87.16M$88.65M$79.58M$76.14M$70.95M$69.64M$65.47M$61.66M
Low Forecast$194.54M$189.48M$184.13M$179.76M$176.52M$171.53M$166.80M$163.20M$160.61M$155.39M$152.19M$95.91M$143.06M$137.78M$131.30M$87.19M$48.56M$118.19M$113.40M$68.93M$100.38M$93.47M$87.16M$59.10M$79.58M$76.14M$70.95M$69.64M$65.47M$61.66M
Surprise %------------0.92%0.92%0.94%1.14%1.92%0.96%1.02%1.25%1.00%0.99%1.00%1.08%0.93%0.94%1.03%1.13%1.28%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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts99995551214954818159101681099136999955
EPS------------$-0.19$-0.13$-0.14$-0.22$-0.19$-0.17$-0.25$-0.22$-0.10$-0.15$-0.11$-0.07$-0.02$-0.06$-0.12$-0.23$-0.39$-0.18
Avg Forecast$0.46$0.43$0.42$0.39$0.39$0.36$0.34$0.32$0.34$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$0.47$0.44$0.43$0.40$0.40$0.37$0.35$0.36$0.35$0.30$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$0.45$0.43$0.41$0.39$0.38$0.36$0.34$0.28$0.34$0.29$0.24$0.17$0.13$0.17$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
Surprise %-------------1.36%-0.71%-1.10%-7.35%-2.61%-5.63%-21.61%-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
VRNTVerint Systems$29.42$37.0025.76%Buy
VRNSVaronis Systems$47.20$58.5624.07%Buy
SSentinelOne$23.92$28.5019.15%Buy
VRSNVeriSign$195.21$232.5019.10%Buy
DOXAmdocs$86.92$102.5017.92%Buy
TENBTenable$41.55$47.5014.32%Buy
OKTAOkta$85.42$93.389.32%Hold
RPDRapid7$39.04$42.298.32%Buy
SPSCSPS Commerce$198.81$214.257.77%Buy
CYBRCyberArk Software$317.82$336.305.81%Buy
CHKPCheck Point Software$187.71$197.225.07%Buy
QLYSQualys$145.90$142.00-2.67%Buy
CSGSCSG Systems$53.57$52.00-2.93%Buy
WIXWix$218.98$195.00-10.95%Buy
FFIVF5$259.80$226.22-12.93%Hold

TENB Forecast FAQ


Is Tenable a good buy?

Yes, according to 11 Wall Street analysts, Tenable (TENB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 54.55% of TENB's total ratings.

What is TENB's price target?

Tenable (TENB) average price target is $47.5 with a range of $45 to $50, implying a 15.71% from its last price of $41.05. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Tenable stock go up soon?

According to Wall Street analysts' prediction for TENB stock, the company can go up by 15.71% (from the last price of $41.05 to the average price target of $47.5), up by 21.80% based on the highest stock price target, and up by 9.62% based on the lowest stock price target.

Can Tenable stock reach $60?

TENB's average twelve months analyst stock price target of $47.5 does not support the claim that Tenable can reach $60 in the near future.

What are Tenable's analysts' financial forecasts?

Tenable's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $981.9M (high $998.75M, low $974.04M), average EBITDA is $-83.151M (high $-82.485M, low $-84.578M), average net income is $169.24M (high $177.13M, low $162.96M), average SG&A $683.53M (high $695.26M, low $678.06M), and average EPS is $1.42 (high $1.49, low $1.37). TENB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.08B (high $1.1B, low $1.07B), average EBITDA is $-91.776M (high $-90.983M, low $-93.432M), average net income is $202.62M (high $207.37M, low $200.34M), average SG&A $754.43M (high $768.04M, low $747.91M), and average EPS is $1.7 (high $1.74, low $1.68).

Did the TENB's actual financial results beat the analysts' financial forecasts?

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 $-64.153M by -82.73%. The company's net income was $-78.284M, missing the average estimation of $28.71M by -372.67%. Apple's SG&A was $503.04M, missing the average forecast of $523.24M by -3.86%. 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 $-17.483M by -117.76%. Tenable's net income was $-21.648M, missing the average estimation of $16.64M by -230.12%. The company's SG&A was $132.4M, missing the average forecast of $143.72M by -7.87%. Lastly, the company's EPS was $-0.19, missing the average prediction of $0.14 by -236.09%