
Tenaris S.A. (TS) Stock Forecast & Price Target
Tenaris S.A. (TS) Analyst Ratings
Bulls say
Tenaris benefits from a robust backlog for 2026, largely attributed to its strategic exposure in Argentina and Suriname, indicating significant future revenue potential. The company's OCTG pricing is expected to undergo an inflection driven by an improved supply and demand balance, which enhances its market position. Despite international deceleration, the strong demand for premium oil country tubular goods used in challenging well applications solidifies Tenaris's outlook in the evolving energy market.
Bears say
Tenaris has recently demonstrated underperformance relative to its peer group, with negligible earnings revisions reflecting a stagnant outlook; specifically, the company's EBITDA estimates for 2025 and 2026 have remained flat, indicating little to no growth. Additionally, the stabilization of steel prices, which are critical inputs for oil country tubular goods (OCTG), has led to concerns regarding the pricing power of Tenaris's products and overall market dynamics. As a result, the persistent challenges in OCTG pricing and muted earnings expectations contribute to a negative outlook for Tenaris's stock.
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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