Tenable Holdings, Inc. (NASDAQ:TENB) provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable.io, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable.cs, a cloud-native application platform that enables organizations to programmatically detect and fix cloud infrastructure misconfigurations; Tenable.io WAS, which provides scanning for modern web applications; and Tenable.ep, an unified platform that helps organizations identify, assess, and accurately prioritize cyber risks across the entire attack surface. The company also offers Tenable.ad, a solution to secure Active Directory environments; Tenable.ot, an on-premises solution that provides threat detection and mitigation, asset tracking, vulnerability management, and configuration control capabilities to protect OT environments, including industrial networks; Tenable.sc, an on-premises solution that provides a risk-based view of an organization’s IT, security and compliance posture. In addition, it provides Nessus Professional, a vulnerability assessment solution for identifying security vulnerabilities, configuration issues, and malware; and Nessus Essentials, which includes vulnerability and configuration assessment for a limited number of assets. The company was founded in 2002 and is headquartered in Columbia, Maryland.
- Market Cap: 5.36B
- PE Ratio: 1.60
- EPS: -0.59
Tenable Holdings company is an optimal way to play the ever-growing threat hackers present to corporations’ increasingly complex digital operations.
“Tenable is transforming how customers manage and measure cybersecurity risk by providing a unified view of the organization’s attack surface,” writes Needham analyst Mike Cikos (Buy). “Vulnerabilities extend beyond the typical corporate network’s servers and infrastructure to assets such as cloud infrastructure, containers, Internet of Things (IoT) devices and Operational Technology (OT) like Industrial Control Systems.”
Because of Tenable’s leadership position in the fast-growing vulnerability management market, analysts are all in.
“Tenable is our Top Pick for 2022,” Cikos says. “The company anticipates a 20%-plus compound annual revenue growth rate through 2025.” The Street expects the company to generate average annual earnings per share (EPS) growth of 20% over the next three to five years. Most of the pros covering Tenable have it among their top small-cap stocks to buy in 2022. Of the 16 analysts covering TENB, 10 rate it at Strong Buy and six say Buy, per S&P Global Market Intelligence. Their average target price of $66.33 gives shares implied upside of about 31% in the next 12 months or so.