Needham Reiterates Buy on Tenable Holdings, Maintains $62 Price Target
$TENB
Computer Software: Prepackaged Software
Technology
Needham analyst Mike Cikos reiterates Tenable Holdings (NASDAQ:TENB) with a Buy and maintains $62 price target.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2024 | $45.00 | Hold | Jefferies |
| 8/1/2024 | $56.00 → $40.00 | Buy → Neutral | DA Davidson |
| 7/15/2024 | $55.00 | Outperform | Robert W. Baird |
| 4/26/2024 | $47.00 | Sector Perform | Scotiabank |
| 2/7/2024 | $56.00 → $62.00 | Buy | Needham |
| 1/9/2024 | $46.00 → $60.00 | Equal-Weight → Overweight | Morgan Stanley |
| 12/15/2023 | $55.00 | Positive | Susquehanna |
| 10/9/2023 | $51.00 → $47.00 | Overweight → Equal Weight | Barclays |
Revenue of $227.1 million, up 13% year-over-year.Calculated current billings of $248.4 million, up 11% year-over-year.GAAP operating margin of (1)%; Non-GAAP operating margin of 20%.Net cash provided by operating activities of $54.6 million; Unlevered free cash flow of $60.8 million.$200 million expansion of our stock repurchase program. COLUMBIA, Md., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Tenable Holdings, Inc. ("Tenable") (NASDAQ:TENB), the exposure management company, today announced financial results for the quarter ended September 30, 2024. "We delivered strong results in Q3, surpassing expectations on both the top and bottom line," said Amit Yoran, Chairman and CEO of Tenable. "Cloud S
COLUMBIA, Md., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Tenable®, the exposure management company, today announced it will release its financial results for its third quarter ended September 30, 2024 after the U.S. market close on Wednesday, October 30, 2024. Tenable will host a conference call that day at 4:30 p.m. ET to discuss the results. A live webcast of the event will be available on the Tenable Investor Relations website at https://investors.tenable.com. A live dial-in will be available domestically at 1-877-407-9716 or internationally at 1-201-493-6779. A webcast replay will be available after the call through Wednesday, November 13, 2024. About TenableTenable® is the exposure
Revenue of $221.2 million, up 13% year-over-year.Calculated current billings of $221.1 million, up 10% year-over-year.GAAP operating margin of (4)%; Non-GAAP operating margin of 19%.Net cash provided by operating activities of $31.4 million; Unlevered free cash flow of $36.5 million. COLUMBIA, Md., July 31, 2024 (GLOBE NEWSWIRE) -- Tenable Holdings, Inc. ("Tenable") (NASDAQ:TENB), the Exposure Management company, today announced financial results for the quarter ended June 30, 2024. "We delivered better-than-expected revenue, operating income and unlevered cash flow in Q2," said Amit Yoran, Chairman and CEO of Tenable. "Despite lower-than-expected CCB, we saw tremendous momentum in our n
Jefferies initiated coverage of Tenable with a rating of Hold and set a new price target of $45.00
DA Davidson downgraded Tenable from Buy to Neutral and set a new price target of $40.00 from $56.00 previously
Robert W. Baird initiated coverage of Tenable with a rating of Outperform and set a new price target of $55.00
Across the recent three months, 7 analysts have shared their insights on Tenable Holdings (NASDAQ:TENB), expressing a variety of opinions spanning from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 2 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 3 1 1 0 0 Analysts have recently evaluated Tenable Holdings and provided 12-month price targets. The average target is $59.29, accompanied by a high estimate of $65.00 and a low estimate of $47
Baird analyst Shrenik Kothari initiates coverage on Tenable Holdings (NASDAQ:TENB) with a Outperform rating and announces Price Target of $55.
Tenable Holdings's (NYSE:TENB) short percent of float has risen 10.44% since its last report. The company recently reported that it has 3.69 million shares sold short, which is 4.02% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.62 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inter
SC 13G/A - Tenable Holdings, Inc. (0001660280) (Subject)
SC 13G/A - Tenable Holdings, Inc. (0001660280) (Subject)
SC 13G/A - Tenable Holdings, Inc. (0001660280) (Subject)
8-K - Tenable Holdings, Inc. (0001660280) (Filer)
144 - Tenable Holdings, Inc. (0001660280) (Subject)
144 - Tenable Holdings, Inc. (0001660280) (Subject)
COLUMBIA, Md., July 18, 2024 (GLOBE NEWSWIRE) -- Tenable®, the Exposure Management company, today announced that it has launched a Public Sector Advisory Board (PSAB) for the U.S. market. Inaugural members include Rob Joyce, former Director of Cybersecurity at the National Security Agency (NSA) and Mark Weatherford, former first Deputy Under Secretary for Cybersecurity at the Department of Homeland Security (DHS). They will be joined by Tenable Chairman and CEO Amit Yoran, and James Hayes, Senior Vice President of Global Government Affairs at Tenable. Tenable's Public Sector Advisory Board brings together industry and government experts to help address the greatest cybersecurity challenge
COLUMBIA, Md., June 06, 2024 (GLOBE NEWSWIRE) -- Tenable® Holdings, Inc., the Exposure Management company, today announced that it has signed a definitive agreement to acquire Eureka Security, Inc., a provider of data security posture management (DSPM) for cloud environments. Eureka Security helps security teams gain a holistic view into an organization's cloud data security footprint, fight policy drift and misconfigurations that put data at risk, and continuously improve their security posture over time. The acquisition is expected to close this month. By adding DSPM capabilities to its CNAPP solution, Tenable will help customers identify key evidence related to cloud data risk, includi
COLUMBIA, Md., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Tenable®, the Exposure Management company, today announced the appointment of Meg O'Leary as chief marketing officer (CMO). With more than two decades of marketing and communications experience, O'Leary is widely regarded as an expert storyteller who has built powerhouse brands for some of the most respected companies in cybersecurity. Most recently, she served as chief marketing officer at Cybereason, where she and her team positioned the company as an endpoint security leader. She was also chief marketing officer at Capsule8, a pioneer in cloud workload protection, which was acquired by Sophos. O'Leary co-founded InkHouse Marketing+Media,
Revenue of $227.1 million, up 13% year-over-year.Calculated current billings of $248.4 million, up 11% year-over-year.GAAP operating margin of (1)%; Non-GAAP operating margin of 20%.Net cash provided by operating activities of $54.6 million; Unlevered free cash flow of $60.8 million.$200 million expansion of our stock repurchase program. COLUMBIA, Md., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Tenable Holdings, Inc. ("Tenable") (NASDAQ:TENB), the exposure management company, today announced financial results for the quarter ended September 30, 2024. "We delivered strong results in Q3, surpassing expectations on both the top and bottom line," said Amit Yoran, Chairman and CEO of Tenable. "Cloud S
COLUMBIA, Md., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Tenable®, the exposure management company, today announced it will release its financial results for its third quarter ended September 30, 2024 after the U.S. market close on Wednesday, October 30, 2024. Tenable will host a conference call that day at 4:30 p.m. ET to discuss the results. A live webcast of the event will be available on the Tenable Investor Relations website at https://investors.tenable.com. A live dial-in will be available domestically at 1-877-407-9716 or internationally at 1-201-493-6779. A webcast replay will be available after the call through Wednesday, November 13, 2024. About TenableTenable® is the exposure
COLUMBIA, Md., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Tenable®, the exposure management company, today announced new data security posture management (DSPM) and artificial intelligence security posture management (AI-SPM) capabilities for Tenable Cloud Security, the actionable cloud security solution. By extending exposure management capabilities to cloud data and AI resources, Tenable Cloud Security reduces risk to two of the biggest emerging threats. Today's cloud environments are more complex than ever. The challenge of managing this complexity has led to preventable security gaps caused by misconfigurations, risky entitlements and vulnerabilities, leaving sensitive data and AI resources vu
4 - Tenable Holdings, Inc. (0001660280) (Issuer)
4 - Tenable Holdings, Inc. (0001660280) (Issuer)
4 - Tenable Holdings, Inc. (0001660280) (Issuer)