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In a challenging market environment, Tenable Holdings Inc . (NASDAQ:TENB) stock has reached its 52-week low, trading at $30.54. According to InvestingPro analysis, technical indicators suggest the stock is currently oversold, while the company maintains impressive gross profit margins of nearly 78%. The cybersecurity company, known for its focus on managing, measuring, and reducing cyber risk, has faced significant headwinds over the past year, reflected in a substantial 1-year change with a decline of 36.21%. Despite these challenges, the company has maintained solid revenue growth of 12.68% and analysts remain optimistic, with price targets suggesting significant upside potential. Investors are closely monitoring the company's performance as it navigates through the evolving cybersecurity landscape and competitive pressures that have impacted its stock price. The current low presents a critical moment for Tenable as it strives to regain momentum and investor confidence. For deeper insights into TENB's valuation and growth prospects, InvestingPro subscribers can access 12 additional exclusive ProTips and comprehensive financial analysis.
In other recent news, Tenable Holdings Inc. reported fourth-quarter earnings that exceeded expectations, with adjusted earnings per share of $0.41, surpassing the analyst consensus of $0.34. Revenue for the quarter was $235.7 million, reflecting an 11% year-over-year increase and exceeding the projected $231.54 million. However, the company's guidance for the first quarter and full year 2025 fell short of analyst estimates, projecting Q1 adjusted EPS of $0.28-$0.30 and revenue of $232-234 million, both below expectations. For the full year 2025, Tenable forecasts adjusted EPS of $1.52-$1.60 on revenue of $971-981 million, compared to consensus estimates of $1.45 EPS and $982.9 million in revenue.
In analyst coverage, Stephens initiated an Equal Weight rating with a $42 target for Tenable, noting growth challenges in vulnerability management. Cantor Fitzgerald set a more favorable Overweight rating with a $50 target, emphasizing growth potential in Tenable's cloud security offerings. JPMorgan raised its price target to $53 from $50, maintaining an Overweight rating due to the company's strong performance in growth and profitability, particularly in large deals and adoption of Tenable One. The company also announced plans to acquire Vulcan Cyber Ltd. to bolster its exposure management platform. Despite these developments, investor sentiment was impacted by the company's soft guidance, as reflected in a 5% drop in after-hours trading.
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