Stifel Maintains Hold Stance Following Tenable Holdings, Inc. (TENB) Billing Changes

Tenable Holdings, Inc. (NASDAQ:TENB) is one of the champion beaten-down exertion stocks to bargain according to hedge funds. On December 16, Stifel reiterated a Hold standing and a $35 terms people connected Tenable Holdings Inc. (NASDAQ:TENB).

The cautious outlook comes connected the probe steadfast adjusting its currency travel projections owed to the institution changing its billing practices. The probe steadfast has lowered its currency travel from operations and escaped currency travel expectations for Tenable Holdings, based connected the 3rd 4th 2025 net and statements.

The adjustments travel the company’s determination to displacement to yearly billing from multi-year deals. Initially, it collected upfront payments but was forced to alteration due to the fact that customers preferred paying for multiyear deals annually, fixed the higher involvement complaint environment. The changes person impacted the company’s Calculated Current Billings and currency flow, but not its Remaining Performance Obligations (RPO).

Meanwhile, connected November 11, Tenable entered into a OneGov statement with the US General Services Administration to supply its FedRAMP-authorized Cloud Security solution to national agencies. The institution is offering the solution astatine a discount done March 31, 2027, allowing authorities agencies to entree its Cloud Native Application Protection Platform, which provides visibility crossed unreality infrastructure, identities, and workloads.

Tenable Holdings, Inc. (NASDAQ:TENB) is simply a cybersecurity institution that provides vulnerability absorption solutions, helping organizations find, prioritize, and hole vulnerabilities crossed their IT, cloud, and operational exertion (OT) environments utilizing its AI-powered Tenable One platform.

While we admit the imaginable of TENB arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.