TENB Tenable Holdings Inc

Stifel has reiterated a Hold rating and a $35 price target on Tenable Holdings Inc. (TENB) due to adjustments in cash flow projections. These changes stem from Tenable's shift to annual billing from multi-year deals, impacting Calculated Current Billings and cash flow, but not Remaining Performance Obligations. Despite this, Tenable recently secured a OneGov agreement with the US General Services Administration to provide its FedRAMP-authorized Cloud Security solution.

This article, part of a larger list, highlights Tenable Holdings, Inc. (NASDAQ:TENB) as one of the top beaten-down technology stocks favored by hedge funds. It details the company's financial adjustments due to a shift in billing practices and a recent US government contract. Tenable is a cybersecurity firm utilizing AI to manage vulnerabilities across various IT environments.

Pacer Advisors Inc. significantly increased its stake in Tenable Holdings, Inc. (NASDAQ: TENB) by 16,873.5% in the third quarter of 2025, now owning 376,981 shares valued at approximately $10.99 million. The cybersecurity company exceeded Q3 earnings expectations and provided optimistic FY2025 guidance. Despite a director's sale of 115,000 shares, analysts maintain a "Hold" rating with an average target price of $37.94.

Tenable Holdings Inc. (TENB) stock has fallen to a new 52-week low of $23.96, marking a 39.12% decrease over the past year. Despite this downturn, the cybersecurity company saw its S&P Global Ratings upgraded due to consistent revenue growth and operating margin expansion, achieving $739 million in revenue year-to-date through September 2025. Tenable is pursuing strategic initiatives, including a OneGov agreement with the U.S. General Services Administration and the appointment of a new CTO, while analysts have adjusted price targets amid evolving market conditions.

Tenable Holdings Inc (TENB) stock has fallen to a 52-week low of 23.96 USD, marking a significant 39.12% decrease over the past year. Despite this downturn, driven by tech sector challenges, the company has shown consistent revenue growth and secured a strategic OneGov agreement, leading to an S&P Global Ratings upgrade. Analysts, however, remain cautious, with Stifel maintaining a Hold rating and DA Davidson lowering its price target to $32.

Harbor Capital Advisors Inc. significantly reduced its stake in Tenable Holdings, Inc. (NASDAQ:TENB) by selling 190,696 shares, leaving them with 92,672 shares. This comes as Tenable reported Q3 earnings that beat estimates and provided positive FY2025 guidance, yet its stock trades near a 1-year low. The company currently holds a "Hold" rating from analysts with a consensus price target of $37.94.