Tenaris Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Tenaris stock has a consensus rating of "Buy" and an average price target of $63.8. The average 1-year stock price forecast is 4.06% higher than the current stock price, while the lowest is $52 (-15.19%) and the highest is $82 (+33.75%).

Price Target: $63.8 (+4.06%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$52	$63.8	$63.3	$82
Change	-15.19%	+4.06%	+3.25%	+33.75%

Analyst Ratings

The average analyst rating for Tenaris stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	6	6	6	6	6	5
Buy	3	3	2	2	2	2
Hold	3	3	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	13	13	13	13	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Derek Podhaizer Piper Sandler	Piper Sandler	Hold Maintains $56 → $60	Hold	Maintains	$56 → $60	-2.14%	May 18, 2026
Marc Bianchi TD Cowen	TD Cowen	Buy Maintains $60 → $67	Buy	Maintains	$60 → $67	+9.28%	May 7, 2026
David Anderson Barclays	Barclays	Buy Reiterates $78 → $82	Buy	Reiterates	$78 → $82	+33.75%	May 7, 2026
Stephen Gengaro Stifel Nicolaus	Stifel Nicolaus	Buy Maintains $57	Buy	Maintains	$57	-7.03%	May 7, 2026
Joe Laetsch Morgan Stanley	Morgan Stanley	Sell Reiterates $40 → $50	Sell	Reiterates	$40 → $50	-18.45%	Apr 15, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

12.25B

from 11.98B

2.28%

from 11.98B

Revenue Next Year

12.75B

from 12.25B

4.08%

from 12.25B

EPS This Year

1.90

from 1.83

3.90%

from 1.83

EPS Next Year

2.09

from 1.90

10.02%

from 1.90

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	6.52B	11.76B	14.87B	12.52B	11.98B	12.25B
Revenue Growth	26.71%	80.37%	26.41%	-15.77%	-4.33%	2.28%
Gross Profit	1.95B	4.87B	6.47B	4.51B	4.54B	4.17B
Gross Margin	29.91%	41.40%	43.53%	36.03%	37.87%	34.00%
Operating Income	722.22M	2.97B	4.27B	2.51B	2.27B	2.23B
Net Income	1.10B	2.55B	3.92B	2.04B	1.93B	1.91B
EPS	-	-	-	-	1.83	1.90
EPS Growth	-	-	-	-	1.10%	3.90%
Forward PE	-	-	-	-	-	32.24
Dividend / Share	0.41	0.51	0.60	0.83	0.89	0.89
Dividend Growth	-	24.39%	17.65%	38.33%	7.23%	0.25%
Free Cash Flow	-160.04M	117.21M	2.76B	2.01B	1.21B	1.71B
No. Analysts	-	-	-	-	-	16

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	12.5B
Avg	12.3B
Low	12.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	4.3%
Avg	2.3%
Low	0.4%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	1.90
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	3.9%
Low	-