Tenable Holdings Q2 Tenacity: A Secure Bet On AI And Cloud Growth [Seeking Alpha]
Tenable Holdings, Inc. (TENB)
Last tenable holdings, inc. earnings: 4/28 04:05 pm
Check Earnings Report
Company Research
Source: Seeking Alpha
Summary Tenable Holdings, Inc. is poised for growth in cybersecurity with a focus on cloud security and AI, evidenced by strong Q2 2024 earnings and product performance. The company's strategic shift to higher-margin products like Tenable One and CNAPP is expected to drive future revenue and offset slower VM growth. Wall Street analysts rate Tenable Holdings stock as a “Buy” with a 24% upside potential, and acquisition speculation could further boost the stock's value. Despite valuation concerns, Tenable's recurring revenue, operational efficiencies, and potential acquisition premium make it a compelling investment with a promising long-term outlook. PUGUN SJ Thesis My analysis argues that Tenable Holdings, Inc. ( NASDAQ: TENB is gearing up for a growth trajectory in the cybersecurity space through cloud security and AI focus, and they just had a solid Q2 2024 -EPS came in at $0.31, beating estimates by $0.07. Seeking Alpha Revenue hit $221.24 million, up 13.44% fro
Show less
Read more
Impact Snapshot
Event Time:
TENB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TENB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TENB alerts
High impacting Tenable Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
TENB
News
- Tenable to Participate in Upcoming Investor EventsGlobeNewswire
- Implied Volatility Surging for Tenable Holdings (TENB) Stock Options [Yahoo! Finance]Yahoo! Finance
- Tenable Holdings, Inc. (NASDAQ: TENB) had its price target lowered by analysts at Barclays PLC from $49.00 to $45.00. They now have an "equal weight" rating on the stock.MarketBeat
- Tenable Holdings, Inc. (NASDAQ: TENB) had its "hold" rating re-affirmed by analysts at Westpark Capital.MarketBeat
- Tenable Holdings, Inc. (NASDAQ: TENB) had its price target lowered by analysts at Piper Sandler from $55.00 to $50.00. They now have an "overweight" rating on the stock.MarketBeat
TENB
Earnings
- 10/30/24 - Beat
TENB
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- TENB's page on the SEC website