TS
Q3 2026 EPS Estimate
$0.79
Aug 5, 2026 · Reports after close
Revenue Estimate
$2.93B
FY2026E EPS$3.78
FY2027E EPS$4.25

Analyst Sentiment

Wall St. Consensus
Buy
24 analysts·High coverage
65
Score
15 Buy (63%)8 Hold (33%)1 Sell (4%)
Rating Breakdown
Strong Buy
00%
Buy
1563%
Hold
833%
Sell
14%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$49.70
-8.2%
Consensus
$57.00
+5.3%
Bull
$82.00
+51.5%
12-Month Target Range24 analysts
$49.70$57.00$82.00
Current $54.13Consensus
Current Price
$54.13
Upside to Consensus
$2.87

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+4.82%
EPS+12.44%
FY2028
Rev+3.29%
EPS+7.18%
FY2029
Rev-0.61%
EPS+14.17%
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028EFY2029EFY2030E
Revenue Avg$12.24B$12.83B$13.26B$13.18B$13.20B
Low$11.78B$12.28B$12.77B$12.69B$12.71B
High$12.57B$13.52B$13.78B$13.70B$13.72B
EBITDA Avg$3.62B$3.80B$3.92B$3.90B$3.91B
Low$3.49B$3.63B$3.78B$3.76B$3.76B
High$3.72B$4.00B$4.08B$4.05B$4.06B
EBIT Avg$2.93B$3.08B$3.18B$3.16B$3.16B
Low$2.82B$2.94B$3.06B$3.04B$3.05B
High$3.01B$3.24B$3.30B$3.28B$3.29B
Net Income Avg$1.96B$2.21B$2.37B$2.70B$2.42B
Low$1.67B$1.77B$2.26B$2.57B$2.30B
High$2.19B$2.81B$2.49B$2.84B$2.54B
EPS Avg$3.78$4.25$4.56$5.20$4.65
Low$3.20$3.41$4.34$4.95$4.43
High$4.21$5.40$4.79$5.47$4.89
Analysts (Rev / EPS)10 / 611 / 74 / 55 / 25 / 5
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028Q2 2028
Revenue Avg$3.07B$3.15B$3.08B$3.12B$3.18B$3.11B$4.61B$4.84B
Low$2.91B$3.02B$2.95B$2.99B$3.05B$2.98B$4.41B$4.64B
High$3.19B$3.24B$3.16B$3.20B$3.27B$3.20B$4.73B$4.97B
EBITDA Avg$907M$933M$912M$924M$941M$921M$1.36B$1.43B
Low$861M$894M$874M$885M$902M$883M$1.31B$1.37B
High$944M$958M$937M$948M$966M$946M$1.40B$1.47B
EBIT Avg$734M$755M$739M$748M$762M$746M$1.10B$1.16B
Low$697M$724M$708M$717M$730M$715M$1.06B$1.11B
High$764M$775M$758M$768M$782M$766M$1.13B$1.19B
Net Income Avg$484M$517M$532M$540M$549M$597M$551M$535M
Low$412M$489M$503M$511M$519M$564M$521M$506M
High$551M$535M$551M$559M$568M$617M$570M$553M
EPS Avg$0.93$0.99$1.02$1.04$1.06$1.15$1.06$1.03
Low$0.79$0.94$0.97$0.98$1.00$1.09$1.00$0.97
High$1.06$1.03$1.06$1.08$1.09$1.19$1.10$1.06
Analysts (Rev / EPS)6 / 65 / 43 / 23 / 23 / 23 / 22 / 32 / 3

Earnings Surprises

Recent Analyst Actions

May 18, 2026Piper Sandler
Tenaris price target raised to $60 from $56 at Piper Sandler
Target:$60.00
-2.9%from $61.77
May 14, 2026Morgan Stanley
Tenaris price target raised to $53 from $50 at Morgan Stanley
Target:$53.00
-16.7%from $63.60
May 8, 2026Barclays
Tenaris price target raised to $82 from $78 at Barclays
Target:$82.00
+39.1%from $58.96
May 7, 2026Barclays
Tenaris price target raised to $78 from $72 at Barclays
Target:$78.00
+24.9%from $62.43
Apr 20, 2026Barclays
Tenaris price target raised to $72 from $56 at Barclays
Target:$72.00
+22.8%from $58.61
Apr 15, 2026Morgan Stanley
Tenaris price target raised to $50 from $40 at Morgan Stanley
Target:$50.00
-15.1%from $58.92
Apr 15, 2026Piper Sandler
Tenaris price target raised to $56 from $42 at Piper Sandler
Target:$56.00
-5.0%from $58.92
Feb 23, 2026Goldman Sachs
Tenaris price target raised to $49.70 from $44.60 at Goldman Sachs
Target:$49.70
-7.0%from $53.44
Feb 23, 2026Stifel Nicolaus
Tenaris price target raised to $57 from $45 at Stifel
Target:$57.00
+9.1%from $52.26
Feb 23, 2026Barclays
Tenaris price target raised to $56 from $46 at Barclays
Target:$56.00
+7.2%from $52.26
Jan 21, 2026Morgan Stanley
Tenaris price target raised to $38 from $36 at Morgan Stanley
Target:$38.00
-12.6%from $43.49
Dec 15, 2025Morgan Stanley
Tenaris assumed with an Underweight at Morgan Stanley
Target:$36.00
-10.7%from $40.31
Dec 15, 2025Goldman Sachs
Tenaris initiated with a Neutral at Goldman Sachs
Target:$43.60
+7.9%from $40.40
Nov 12, 2025Stifel Nicolaus
Tenaris S.A. (TS) PT Raised to $45 at Stifel
Target:$45.00
+9.0%from $41.27
Sep 17, 2025Piper Sandler
Tenaris downgraded to Neutral from Overweight at Piper Sandler
Target:$41.00
+16.0%from $35.33
Aug 14, 2025Piper Sandler
Tenaris price target lowered to $48 from $50 at Piper Sandler
Target:$48.00
+33.5%from $35.95
May 6, 2025Barclays
Tenaris price target lowered to $48 from $50 at Barclays
Target:$48.00
+43.6%from $33.43
Dec 9, 2024Jefferies
Jefferies Upgrades Tenaris S.A. (TS) to Buy
Target:$47.00
+24.4%from $37.77
Nov 6, 2024Piper Sandler
Piper Sandler Upgrades Tenaris S.A. (TS) to Overweight
Target:$42.00
+24.9%from $33.62
Aug 6, 2024Stifel Nicolaus
Tenaris S.A. (TS) PT Lowered to $37 at Stifel
Target:$37.00
+33.4%from $27.75
May 6, 2024Piper Sandler
Tenaris S.A. (TS) PT Lowered to $43 at Piper Sandler
Target:$43.00
+27.2%from $33.80
Jul 7, 2022Jefferies
Tenaris upgraded to Buy from Hold at Jefferies
Target:$46.00
+101.0%from $22.89
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.