
Tenaris S.A. (TS) Stock Forecast & Price Target
Tenaris S.A. (TS) Analyst Ratings
Bulls say
Tenaris's robust market position is bolstered by a significant 70% increase in import volumes during the first half of 2025 compared to the second half of 2024, indicating strong demand for its products. The company's exposure to markets in Argentina and Suriname is expected to contribute to a substantial backlog for 2026, further enhancing its growth prospects amidst international deceleration. Additionally, an anticipated inflection in OCTG pricing, driven by an improved supply and demand balance, reinforces the positive outlook for Tenaris's stock.
Bears say
Tenaris has demonstrated underperformance in the market, with its stock and that of its peer VK experiencing minimal gains over the past month, indicating broader concerns regarding their financial outlook. Key indicators show that steel prices, essential inputs for oil country tubular goods (OCTG), have flattened, contributing to expectations of stagnant pricing and ongoing challenges in the sector. Furthermore, muted earnings revisions for 2025 and 2026 suggest minimal anticipated growth, with EBITDA estimates reflecting a decline, reinforcing a negative financial outlook for the company.
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
Start investing in Tenaris S.A. (TS)
Order type
Buy in
Order amount
Est. shares
0 shares