
TENB Stock Forecast & Price Target
TENB Analyst Ratings
Bulls say
Tenable Holdings demonstrated strong financial performance with a notable 8% increase in current billings in the fourth quarter, exceeding consensus expectations, and signed a record 502 new Enterprise Platform customers. The company's strategic focus on its Exposure Management Platform has resonated with clients, leading to significant expansion in revenue, including a 16% growth in customers generating over $100,000 in Annual Contract Value. Additionally, channel partners contributed 94% of total revenue for the calendar year 2024, highlighting the effectiveness of Tenable's partnerships and potential for sustained top-line growth, further supporting an optimistic outlook for the company.
Bears say
Tenable Holdings faces a challenging outlook due to a significant shift from multi-year billing to annual installment billing, which has led to management's decision to no longer use Calculated Current Billings (CCB) as a reliable performance indicator. This transition is expected to negatively impact future CCB growth, along with key investor metrics such as Dollar-Based Net Expansion and Enterprise Platform Customer Count. Additionally, declining gross margins driven by investments in cloud products and rising third-party infrastructure costs further contribute to a weakened financial position, projecting escalating headwinds for key metrics like CCB and unlevered free cash flow in the upcoming fiscal year.
This aggregate rating is based on analysts' research of Tenable Holdings Inc and is not a guaranteed prediction by Public.com or investment advice.
TENB Analyst Forecast & Price Prediction
Start investing in TENB
Order type
Buy in
Order amount
Est. shares
0 shares