Morgan Stanley Cuts Tenable (TENB) PT as Cybersecurity Platform Giants Outpace Best-Of-Breed Peers

Tenable Holdings Inc. (NASDAQ:TENB) is 1 of the best NASDAQ stocks to bargain successful 2026. On December 18, Morgan Stanley lowered the firm’s terms people connected Tenable to $30 from $32 with an Equal Weight standing connected the shares. In a year-ahead analysis, the steadfast reported that portion cybersecurity stocks remained comparatively stagnant overall, show varied wildly by category: platform-based companies roseate by an mean of 30%, whereas the remainder of the assemblage saw a 12% decline. Morgan Stanley noted that portion platforms stay the astir straightforward and high-performing concern strategy successful the cybersecurity space, determination are inactive charismatic opportunities to beryllium recovered successful different areas of the market.

On December 16, Jefferies lowered the firm’s terms people connected Tenable to $29 from $31, portion maintaining a Hold standing connected the shares. In a year-ahead assemblage outlook, the steadfast noted that cybersecurity bundle stocks are expected to stay durable passim 2026, supported by coagulated fiscal fundamentals. However, portion the radical is projected to enactment resilient, it volition apt underperform comparative to a broader bundle marketplace rebound, particularly if that betterment is driven by important breakthroughs successful AI.

In different news, connected December 11, Tenable Holdings Inc. (NASDAQ:TENB) announced a important OneGov statement with the US General Services Administration/GSA. Under this partnership, Tenable volition supply its FedRAMP-authorized Cloud Security solution to US national agencies, including the Department of Defense. The statement is designed to connection these agencies specialized pricing and discounts done March 31, 2027. The concern centers connected Tenable’s Cloud Native Application Protection Platform/CNAPP, which is engineered to enactment the national government’s cloud-first argumentation and the White House’s AI Action Plan.

Tenable Holdings Inc. (NASDAQ:TENB) provides cyber vulnerability absorption solutions successful the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

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.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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