
Tenaris S.A. (TS) Stock Forecast & Price Target
Tenaris S.A. (TS) Analyst Ratings
Bulls say
Tenaris has established a strong position in the OCTG market, with a notable backlog from its Argentina and Suriname operations that is expected to support revenue growth through 2026. The company's ability to attract interest despite international market deceleration suggests resilience and adaptability in its operations. Additionally, an anticipated inflection in OCTG pricing, driven by an improved supply-demand balance, further enhances the positive outlook for Tenaris’s stock performance.
Bears say
Tenaris has experienced notable underperformance relative to its peers, with recent monthly returns of +1% for Tenaris and -1% for its closest peer, indicating broader market concerns. The company faces stagnant steel prices, which are critical inputs for oil country tubular goods (OCTG), leading to a concerning outlook for OCTG pricing indicators. Furthermore, earnings revisions have shown limited movement, with 2025 and 2026 EBITDA estimates reflecting minimal changes, contributing to a negative sentiment surrounding Tenaris's financial prospects.
This aggregate rating is based on analysts' research of Tenaris S.A. and is not a guaranteed prediction by Public.com or investment advice.
Tenaris S.A. (TS) Analyst Forecast & Price Prediction
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