Tenable Holdings (TENB) stock is plunging due to Wall Street shift and weaker guidance.

From Yahoo Finance: 2025-03-30 16:44:00

In 2025, cybersecurity stocks are plummeting, including Tenable Holdings, Inc. (NASDAQ:TENB), despite impressive revenue figures and high demand for cybersecurity services. Wall Street’s shift has caused a nosedive in stock prices, creating potential buying opportunities among the worst-performing cybersecurity stocks this year. Tenable Holdings Inc. is among the top plunging cybersecurity stocks, down 7.52% year-to-date, ranked 13th on the list. The company reported mixed Q4 2024 results and issued weaker-than-expected guidance for Q1 2025, exacerbated by the sudden death of CEO Amit Yoran in January 2025, leading to leadership uncertainty with interim Co-CEOs Steve Vintz and Mark Thurmond. The consensus price target for TENB is $49.2, implying a 35.09% upside, making it a potential investment opportunity. However, other AI stocks may offer greater promise for higher returns in a shorter time frame.



Read more at Yahoo Finance: Why Tenable Holdings (TENB) Is Plunging in 2025?