- Tenable Holdings (TENB, Financial) plans to acquire AI startup Apex Security to boost its AI Aware capabilities.
- Analysts forecast a 21.01% upside potential based on a $38.69 average price target.
- GuruFocus estimates a significant 69% upside with a GF Value of $54.03.
Tenable Holdings Inc. (TENB) is taking strategic steps to enhance its technological edge by announcing the acquisition of Apex Security, a forward-thinking startup specializing in AI attack surface protection. This strategic move is set to significantly bolster Tenable's AI Aware platform by integrating enhanced governance and policy controls. While the financial terms of this acquisition remain under wraps, stakeholders can anticipate its integration by late 2025, with the deal expected to finalize within this quarter.
Wall Street Analysts' Insights on Tenable Holdings
In the realm of Wall Street predictions, 20 analysts have presented their one-year price targets for Tenable Holdings Inc. (TENB). The average price target is noted at $38.69, with the most optimistic estimate reaching $54.00 and the conservative end at $28.00. This average target reflects a promising upside potential of 21.01% from the current trading price of $31.97. For more comprehensive insights, you can explore the Tenable Holdings Inc (TENB, Financial) Forecast page.
Moreover, a consensus from 23 brokerage firms positions Tenable Holdings Inc. (TENB) with an average recommendation score of 2.3, equating to an "Outperform" rating. This rating is part of a scale that ranges from 1, representing a "Strong Buy," to 5, indicating a "Sell."
Exploring GuruFocus Valuation Estimates
According to GuruFocus projections, the estimated GF Value for Tenable Holdings Inc. (TENB) in the upcoming year is $54.03. This suggests a substantial upside potential of 69% from its present stock price of $31.97. The GF Value offers an insightful calculation of what the stock's fair trading value should be, drawing from historical multiples that the stock has commanded, along with past business growth and future performance forecasts. For a deeper dive into the figures, please visit the Tenable Holdings Inc (TENB, Financial) Summary page.
