New CFO Appointment: Tenable has appointed Matthew Brown as Chief Financial Officer, succeeding Steve Vintz who is now Co-CEO alongside Mark Thurmond.
Matthew Brown's Background: Brown brings over 20 years of experience in finance within the technology sector, previously serving as CFO at Altair Engineering and holding senior roles at various tech companies.
Strategic Vision: Both Steve Vintz and Matthew Brown expressed confidence in Brown's ability to drive growth and operational efficiency at Tenable, aiming to enhance the company's market leadership in exposure management.
Company Overview: Tenable specializes in cybersecurity, offering an AI-powered platform that helps organizations manage security risks across diverse environments, serving approximately 44,000 customers globally.
TENB
$24.67+Infinity%1D
Analyst Views on TENB
Wall Street analysts forecast TENB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TENB is 38.00 USD with a low forecast of 31.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
Wall Street analysts forecast TENB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TENB is 38.00 USD with a low forecast of 31.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Buy
7 Hold
0 Sell
Moderate Buy
Current: 24.750
Low
31.00
Averages
38.00
High
45.00
Current: 24.750
Low
31.00
Averages
38.00
High
45.00
Jefferies
Hold
downgrade
$31 -> $29
2025-12-16
New
Reason
Jefferies
Price Target
$31 -> $29
2025-12-16
New
downgrade
Hold
Reason
Jefferies lowered the firm's price target on Tenable to $29 from $31 and keeps a Hold rating on the shares. Cyber security software names should remain resilient in 2026 based on strong fundamentals, but likely lag any potential material broader AI-driven software rebound, the analyst tells investors in a year-ahead note for the group.
Needham
Mike Cikos
Buy
downgrade
$42 -> $38
2025-10-30
Reason
Needham
Mike Cikos
Price Target
$42 -> $38
2025-10-30
downgrade
Buy
Reason
Needham analyst Mike Cikos lowered the firm's price target on Tenable to $38 from $42 and keeps a Buy rating on the shares. The company reported solid results with calculated current billings growth of 8% to $267.5M topping the consensus estimate by $3M as it continues to see strong uptake of the Tenable One platform, which represented roughly 40% of new business, the analyst tells investors in a research note. The management also cited improved visibility and consistent renewal rates before raising Billings guidance by $1M at the midpoint, the firm added.
DA Davidson
Rudy Kessinger
Neutral
downgrade
$34 -> $32
2025-10-30
Reason
DA Davidson
Rudy Kessinger
Price Target
$34 -> $32
2025-10-30
downgrade
Neutral
Reason
DA Davidson analyst Rudy Kessinger lowered the firm's price target on Tenable to $32 from $34 and keeps a Neutral rating on the shares. The company's Q3 results were solid though a bit uneventful, and while valuation remains undemanding, catalysts for the stock are lacking, the analyst tells investors in a research note.
Scotiabank
Sector Perform
downgrade
$37 -> $31
2025-10-30
Reason
Scotiabank
Price Target
$37 -> $31
2025-10-30
downgrade
Sector Perform
Reason
Scotiabank lowered the firm's price target on Tenable to $31 from $37 and keeps a Sector Perform rating on the shares following "boring" Q3 results, the analyst tells investors. The firm remains on the sidelines for now, believing a top-line acceleration in 2026 is needed for shares to snap-back.
About TENB
Tenable Holdings, Inc. is an exposure management company. It unifies security visibility, insight and action across this attack surface, equipping modern organizations to expose and close the cybersecurity gaps that erode business value, reputation and trust. The Company’s Tenable One is an AI-powered exposure management platform that gives enterprises a single, unified view of risk across all types of assets and attack pathways. The platform combines broad, vulnerability coverage, spanning information technology (IT) assets, cloud resources, containers, Web apps and identity systems. Tenable One integrates Tenable Vulnerability Management, Tenable Cloud Security, Tenable Identity Exposure, Tenable Web App Scanning, Tenable Lumin Exposure View, Tenable Attack Surface Management, Tenable Security Center and Tenable OT Security. Its Nessus product line deploys vulnerability assessment solutions in the cybersecurity industry and underpins its enterprise platform.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.