Tenable (TENB) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

TENB Stock Forecast

Tenable stock forecast is as follows: an average price target of $58.25 (represents a 42.70% upside from TENB’s last price of $40.82) 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 $58.25 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 $45.00. This represents a potential 42.70% upside from TENB's last price of $40.82.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 16, 2024	Joseph Gallo	Jefferies	$45.00	$42.56	5.73%	10.24%
Sep 13, 2024	Mike Cikos	Needham	$50.00	$39.50	26.58%	22.49%
Jan 09, 2024	Hamza Fodderwala	Morgan Stanley	$60.00	$43.81	36.96%	46.99%
Aug 18, 2023	Brian Colley	Stephens	$60.00	$44.59	34.54%	46.99%
Apr 25, 2023	Mike Cikos	Needham	$48.00	$36.41	31.83%	17.59%
Jul 29, 2022	-	Wolfe Research	$47.00	$38.31	22.68%	15.14%
Jul 20, 2022	-	Needham	$60.00	$47.08	27.44%	46.99%
Apr 28, 2022	-	Wolfe Research	$75.00	$56.71	32.25%	83.73%
Apr 21, 2022	-	Canaccord Genuity	$75.00	$58.53	28.14%	83.73%
Nov 10, 2021	Shebly Seyrafi	FBN Securities	$65.00	$54.06	20.24%	59.24%

Row per page

Go to

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 10.24% increase from TENB last price ($40.82).

Tenable Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	3
Avg Price Target	-	$47.50	$51.67
Last Closing Price	$40.82	$40.82	$40.82
Upside/Downside	-100.00%	16.36%	26.58%

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 $40.82. 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

Date	Company	Previous Rating	New Rating	Rating Change
Oct 23, 2024	Wells Fargo	Underperform	Underperform	Hold
Oct 16, 2024	WestPark Capital	Sector Perform	Sector Perform	Hold
Oct 16, 2024	Jefferies	Overweight	Hold	Initialise
Sep 13, 2024	WestPark Capital	Sector Perform	Sector Perform	Hold
Sep 13, 2024	Wells Fargo	Underperform	Underperform	Hold
Sep 13, 2024	Needham	Buy	Buy	Hold
Aug 01, 2024	WestPark Capital	Sector Perform	Sector Perform	Hold
Aug 01, 2024	Wells Fargo	Underperform	Underperform	Hold
Aug 01, 2024	WestPark Capital	Buy	Hold	Downgrade
Jul 15, 2024	Scotiabank	Underperform	Underperform	Hold

Row per page

Go to

Tenable's last stock rating was published by Wells Fargo on Oct 23, 2024. The company gave TENB a "Underperform" rating, the same as its previous rate.

Tenable Financial Forecast

Tenable Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 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	$273.95M	$266.68M	$260.33M	$255.78M	$248.57M	$241.73M	$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	$286.38M	$278.31M	$270.92M	$264.47M	$259.84M	$252.52M	$245.58M	$239.25M	$233.72M	$223.32M	$218.78M	$213.55M	$207.50M	$200.83M	$193.28M	$190.12M	$184.26M	$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	$279.82M	$271.93M	$264.72M	$258.41M	$253.89M	$246.74M	$239.95M	$234.44M	$230.72M	$223.22M	$218.62M	$213.55M	$205.50M	$197.92M	$188.85M	$185.77M	$180.04M	$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
# Analysts	9	9	9	9	5	5	5	12	14	9	5	4	8	18	15	9	10	16	8	10	9	9	13	6	9	9	9	9	5	5
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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	5	5	5	12	14	9	5	4	8	18	15	9	10	16	8	10	9	9	13	6	9	9	9	9	5	5
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	$-23.20M	$-22.58M	$-22.05M	$-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	$-23.70M	$-23.03M	$-22.42M	$-21.88M	$-21.50M	$-20.89M	$-20.32M	$-19.85M	$-19.54M	$-18.90M	$-18.51M	$-12.11M	$-17.40M	$-16.76M	$-15.99M	$-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	$-24.25M	$-23.57M	$-22.94M	$-22.40M	$-22.00M	$-21.38M	$-20.80M	$-20.26M	$-19.79M	$-18.91M	$-18.53M	$-18.16M	$-17.57M	$-17.01M	$-16.37M	$-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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	5	5	5	12	14	9	5	4	8	18	15	9	10	16	8	10	9	9	13	6	9	9	9	9	5	5
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	$40.75M	$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	$55.64M	$52.78M	$50.65M	$47.74M	$47.35M	$44.23M	$41.85M	$43.35M	$41.95M	$35.23M	$28.12M	$-21.82M	$16.98M	$22.89M	$15.50M	$-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	$54.00M	$51.21M	$49.15M	$46.32M	$45.94M	$42.91M	$40.61M	$33.72M	$40.36M	$35.13M	$28.12M	$-32.74M	$15.45M	$20.49M	$15.04M	$-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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	5	5	5	12	14	9	5	4	8	18	15	9	10	16	8	10	9	9	13	6	9	9	9	9	5	5
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	$190.71M	$185.65M	$181.23M	$178.05M	$173.04M	$168.28M	$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	$199.36M	$193.74M	$188.60M	$184.11M	$180.89M	$175.79M	$170.95M	$166.55M	$162.70M	$155.46M	$152.30M	$143.86M	$144.44M	$139.80M	$134.55M	$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	$194.79M	$189.30M	$184.28M	$179.89M	$176.74M	$171.76M	$167.04M	$163.20M	$160.61M	$155.39M	$152.19M	$95.91M	$143.06M	$137.78M	$131.47M	$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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	5	5	5	12	14	9	5	4	8	18	15	9	10	16	8	10	9	9	13	6	9	9	9	9	5	5
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	$0.39	$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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
VRNT	Verint Systems	$23.29	$44.29	90.17%	Buy
RPD	Rapid7	$41.06	$69.07	68.22%	Buy
OKTA	Okta	$73.69	$116.97	58.73%	Hold
TENB	Tenable	$40.82	$58.25	42.70%	Buy
VRSN	VeriSign	$181.41	$240.00	32.30%	Buy
SPSC	SPS Commerce	$179.87	$215.40	19.75%	Buy
DOX	Amdocs	$83.73	$97.80	16.80%	Buy
VRNS	Varonis Systems	$49.97	$53.35	6.76%	Buy
QLYS	Qualys	$147.03	$147.00	-0.02%	Buy
NEWR	New Relic	$86.99	$86.38	-0.70%	Buy
S	SentinelOne	$27.07	$26.64	-1.59%	Buy
CSGS	CSG Systems	$54.48	$52.00	-4.55%	Buy
FFIV	F5	$242.02	$224.44	-7.26%	Hold
CHKP	Check Point Software	$176.83	$160.08	-9.47%	Buy
CYBR	CyberArk Software	$316.90	$262.56	-17.15%	Buy
WIX	Wix	$210.27	$173.38	-17.54%	Buy

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 $58.25 with a range of $45 to $75, implying a 42.70% from its last price of $40.82. 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 42.70% (from the last price of $40.82 to the average price target of $58.25), up by 83.73% based on the highest stock price target, and up by 10.24% based on the lowest stock price target.

Can Tenable stock reach $60?

TENB's highest twelve months analyst stock price target of $75 supports 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 $981.95M (high $997.19M, low $975.02M), average EBITDA is $-83.155M (high $-82.569M, low $-84.446M), average net income is $169.25M (high $176.77M, low $163.18M), average SG&A $683.56M (high $694.18M, low $678.74M), and average EPS is $1.42 (high $1.48, 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 $-91.701M (high $-91.025M, low $-93.16M), average net income is $202.62M (high $206.81M, low $200.68M), average SG&A $753.82M (high $765.81M, low $748.26M), 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%