Added to YB: 2026-08-13
Pitch date: 2026-08-07
TENB [bearish]
Tenable Holdings, Inc.
-1.34%
current return
Author Info
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Company Info
Tenable Holdings, Inc. provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.
Market Cap
$4.2B
Pitch Price
$36.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
67.03
P/E
653.92
EV/Sales
4.11
Sector
Software
Category
N/A
Problems at Tenable ($TENB)
TENB (short thesis): Bear Cave flags legacy vuln management as 'commoditized' & 'permanently impaired.' Quad threat: CRWD/PANW/Wiz bundling, AI-native startups undercutting, open-source scanners, Anthropic/Claude patching code. Peer RPD -90% from peak. Growth collapsing; salesperson sees 50% share loss to CRWD/S. Internal vibe-coded tool found bugs Tenable missed.
Read full article (6 min)