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TENBTenable Holdings, Inc.
SaaS / Tech10-K · Filed 2026-02-27
Clarity Fair Value
$40.72
SIGNIFICANTLY UNDERVALUED (+93.5%)
Market Price
$21.04
93.5% Upside
$19$38$57$77$96202620282030203220342036Market $21
Fair Value PathMarket Price

Model BlendHIGH agreement · 3% spread

EV/Rev$41.76 · 62%
DCF$39.00 · 38%
Trailing Rev Growth
11.0%
Model Implied CAGR
-4.4%
1Y Price Target
$46.18
Market Cap
$2B

TENB Valuation Summary

Based on Clarity's multi-model valuation engine, Tenable Holdings, Inc. (TENB) has an estimated fair value of $40.72 per share, compared to its current market price of $21.04. The stock is currently trading 93.5% below Clarity's fair value estimate, resulting in a verdict of SIGNIFICANTLY UNDERVALUED.

This valuation blends 2 independent models — including EV/Revenue, Discounted Cash Flow (DCF). The primary weight is given to the EV/Revenue model, with Bayesian triangulation used to reconcile the estimates into a single blended fair value. The 2 models show high agreement with a 3% spread between the highest and lowest estimates.

Monte Carlo simulation across 5,000 scenarios estimates a 100% probability that the stock is trading below its intrinsic value, with a median simulated value of $40.12.

Clarity's 1-year price target is $46.18, reflecting expected earnings growth and margin trajectory.

Tenable Holdings, Inc. is classified under the SaaS / Tech sector, and this valuation is based on 10-K · Filed 2026-02-27 filings sourced directly from SEC EDGAR. All models use trailing twelve month (TTM) financials where available, with sector-appropriate growth and discount rate assumptions.

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Updated Mar 9, 2026, 4:09 AM UTC · Powered by Clarity Valuation Engine · Methodology

Tenable Holdings, Inc. (TENB) Valuation Summary

Clarity's 6-model valuation engine estimates Tenable Holdings, Inc. (TENB) at $40.72 per share, compared to the current market price of $21.04. This represents a 93.5% upside from the current price. The verdict is SIGNIFICANTLY UNDERVALUED.

This valuation was generated from Tenable Holdings, Inc.'s 10-K · Filed 2026-02-27 filing, classified in the SaaS / Tech sector with high confidence. Model agreement is HIGH with a 3% spread across models.

Models used: DCF (scenario-weighted), Residual Income, Comparable Companies, EV/Revenue, ROIC Fade, and Dividend Discount Model. All data sourced from SEC EDGAR and validated against XBRL structured filings.