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Stock impact report

Stifel Maintains Hold Stance Following Tenable Holdings, Inc. (TENB) Billing Changes [Yahoo! Finance]

Tenable Holdings, Inc. (TENB) 
Last tenable holdings, inc. earnings: 4/28 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
reiterated a Hold rating and a $35 price target on Tenable Holdings Inc. (NASDAQ:TENB). The cautious outlook comes on the research firm adjusting its cash flow projections due to the company changing its billing practices. The research firm has lowered its cash flow from operations and free cash flow expectations for Tenable Holdings, based on the third quarter 2025 earnings and statements. The adjustments follow the company's move to shift to annual billing from multi-year deals. Initially, it collected upfront payments but was forced to change because customers preferred paying for multiyear deals annually, given the higher interest rate environment. The changes have impacted the company's Calculated Current Billings and cash flow, but not its Remaining Performance Obligations (RPO). Meanwhile, on November 11, Tenable entered into a OneGov agreement with the US General Services Administration to provide its FedRAMP-authorized Cloud Security solution to federal agencies. The co Show less Read more
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