
Tenaris S.A. (TS) Stock Forecast & Price Target
Tenaris S.A. (TS) Analyst Ratings
Bulls say
Tenaris reported strong fourth-quarter results for 2024, with revenue exceeding estimates by 5.2% and EBITDA surpassing predictions by 23.6%, indicating robust operational performance and effective cost management. The company also generated $310 million in free cash flow and implemented a sizeable stock repurchase program, which highlights its commitment to returning value to shareholders amidst favorable market conditions and improved OCTG pricing. Additionally, a substantial net cash balance of $3.6 billion positions Tenaris for strategic growth opportunities, further reinforcing a positive outlook for sustained financial strength and shareholder returns in the coming years.
Bears say
Tenaris faces heightened risks due to potential oversupply in the welded pipe market, which could exert pricing pressure on its seamless products. Management has highlighted significant uncertainty regarding costs and prices in the second half of 2025, particularly in light of changes to U.S. tariffs and the potential lifting of Section 232 quotas, which could lead to an influx of supply and subsequent price erosion. Additionally, geopolitical tensions and global economic deceleration present further headwinds, threatening upstream investment and increasing raw material costs, which may impact the company's profitability and market position.
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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