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Tenable Holdings’ Strong Q3 Performance and Strategic Positioning Drive Buy Rating

Tenable Holdings’ Strong Q3 Performance and Strategic Positioning Drive Buy Rating

Analyst Shaul Eyal of TD Cowen reiterated a Buy rating on Tenable Holdings, retaining the price target of $45.00.

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Shaul Eyal has given his Buy rating due to a combination of factors that highlight Tenable Holdings’ strong performance and strategic positioning. The company reported impressive results for the third quarter of 2025, surpassing market expectations with an 11% year-over-year increase in revenue and an 8% rise in calculated current billings. This growth was largely driven by the success of TenableOne, which accounted for a significant portion of new business and demonstrated the company’s ability to attract enterprise customers with its comprehensive platform solutions.
Furthermore, Tenable Holdings is well-positioned to capitalize on the growing demand for preventative exposure management, particularly in light of emerging AI threats. The recent launch of Tenable AI Exposure and the acquisition of Apex Security underscore the company’s commitment to enhancing its capabilities in AI risk management. These strategic initiatives, along with a strong recurring revenue mix and significant wins in the federal sector, support Eyal’s optimistic outlook and the reiterated Buy rating with a target price of $45.

According to TipRanks, Eyal is a top 100 analyst with an average return of 25.7% and a 67.54% success rate. Eyal covers the Technology sector, focusing on stocks such as Okta, Cellebrite DI, and Fortinet.

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