Tenaris (TS) Stock Forecast, Price Target & Predictions
TS Stock Forecast
Tenaris stock forecast is as follows: an average price target of $42.00 (represents a 11.32% upside from TS’s last price of $37.73) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
TS Price Target
The average price target for Tenaris (TS) is $42.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $47.00 to $37.00. This represents a potential 11.32% upside from TS's last price of $37.73.
TS Analyst Ratings
According to 6 Wall Street analysts, Tenaris's rating consensus is 'Buy'. The analyst rating breakdown for TS stock is 0 'Strong Buy' (0.00%), 4 'Buy' (66.67%), 1 'Hold' (16.67%), 1 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Tenaris Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 09, 2024 | Jamie Franklin | Jefferies | $47.00 | $37.77 | 24.44% | 24.57% |
| Nov 06, 2024 | Luke Lemoine | Piper Sandler | $42.00 | $33.62 | 24.93% | 11.32% |
| Aug 06, 2024 | Stephen Gengaro | Stifel Nicolaus | $37.00 | $27.75 | 33.36% | -1.93% |
| May 06, 2024 | Luke Lemoine | Piper Sandler | $43.00 | $33.80 | 27.22% | 13.97% |
| Jul 07, 2022 | Alan Spence | Jefferies | $46.00 | $22.89 | 100.96% | 21.92% |
The latest Tenaris stock forecast, released on Dec 09, 2024 by Jamie Franklin from Jefferies, set a price target of $47.00, which represents a 24.44% increase from the stock price at the time of the forecast ($37.77), and a 24.57% increase from TS last price ($37.73).
Tenaris Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $44.50 | $42.25 |
| Last Closing Price | $37.73 | $37.73 | $37.73 |
| Upside/Downside | -100.00% | 17.94% | 11.98% |
In the current month, the average price target of Tenaris stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Tenaris's last price of $37.73. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 08, 2025 | Cowen & Co. | Buy | Buy | Hold |
| Nov 06, 2024 | Piper Sandler | Overweight | Overweight | Upgrade |
| Oct 17, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Sep 24, 2024 | Santander | Neutral | Upgrade | |
| May 06, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 18, 2024 | Morgan Stanley | Overweight | Underweight | Downgrade |
| Jan 04, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 07, 2022 | Jefferies | Buy | Upgrade | |
| Apr 29, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 26, 2022 | Barclays | Overweight | Overweight | Upgrade |
| Apr 26, 2022 | Wolfe Research | Peer Perform | Upgrade | |
| Feb 28, 2022 | Barclays | Overweight | Upgrade | |
| Feb 18, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
Tenaris's last stock rating was published by Cowen & Co. on Jan 08, 2025. The company gave TS a "Buy" rating, the same as its previous rate.
Tenaris Financial Forecast
Tenaris Revenue Forecast
| Sep 29 | Jun 29 | Mar 29 | Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.14B | $3.62B | $2.97B | $2.80B |
| Avg Forecast | $9.26B | $8.74B | $8.25B | $7.79B | $7.35B | $6.94B | $6.55B | $6.18B | $5.83B | $5.51B | $5.20B | $3.16B | $3.16B | $3.06B | $3.08B | $3.05B | $3.05B | $3.05B | $2.96B | $2.78B | $2.76B | $3.28B | $3.38B | $3.07B | $3.21B | $3.73B | $3.91B | $3.56B | $2.91B | $2.68B |
| High Forecast | $9.51B | $8.97B | $8.47B | $7.99B | $7.54B | $7.12B | $6.72B | $6.34B | $5.99B | $5.65B | $5.33B | $3.24B | $3.25B | $3.14B | $3.16B | $3.13B | $3.13B | $3.13B | $3.00B | $2.79B | $2.78B | $3.28B | $3.47B | $3.15B | $3.21B | $3.83B | $4.01B | $3.76B | $2.91B | $2.68B |
| Low Forecast | $9.06B | $8.55B | $8.07B | $7.62B | $7.19B | $6.79B | $6.41B | $6.05B | $5.71B | $5.39B | $5.08B | $3.09B | $3.09B | $2.99B | $3.01B | $2.98B | $2.98B | $2.98B | $2.93B | $2.76B | $2.74B | $3.27B | $3.31B | $3.00B | $3.21B | $3.65B | $3.82B | $3.46B | $2.91B | $2.68B |
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.02% | 1.02% | 1.04% |
Tenaris's average Quarter revenue forecast for Jun 23 based on 2 analysts is $3.73B, with a low forecast of $3.65B, and a high forecast of $3.83B. TS's average Quarter revenue forecast represents a -9.85% decrease compared to the company's last Quarter revenue of $4.14B (Mar 23).
Tenaris EBITDA Forecast
| Sep 29 | Jun 29 | Mar 29 | Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.57B | $1.34B | $939.54M | $903.64M |
| Avg Forecast | $2.19B | $2.07B | $1.95B | $1.84B | $1.74B | $1.64B | $1.55B | $1.46B | $1.38B | $1.30B | $1.23B | $747.88M | $749.30M | $724.44M | $728.46M | $722.34M | $721.71M | $722.50M | $700.05M | $659.13M | $653.76M | $776.01M | $800.34M | $727.97M | $759.90M | $884.12M | $925.41M | $842.91M | $759.20M | $700.18M |
| High Forecast | $2.25B | $2.12B | $2.01B | $1.89B | $1.79B | $1.69B | $1.59B | $1.50B | $1.42B | $1.34B | $1.26B | $767.47M | $768.93M | $743.41M | $747.54M | $741.26M | $740.62M | $741.43M | $709.61M | $661.57M | $658.38M | $777.41M | $821.30M | $746.88M | $760.30M | $907.28M | $949.65M | $890.85M | $759.20M | $700.18M |
| Low Forecast | $2.15B | $2.03B | $1.91B | $1.80B | $1.70B | $1.61B | $1.52B | $1.43B | $1.35B | $1.28B | $1.20B | $731.56M | $732.95M | $708.62M | $712.56M | $706.57M | $705.96M | $706.73M | $692.88M | $654.25M | $649.15M | $774.62M | $782.86M | $711.42M | $759.50M | $864.82M | $905.21M | $818.98M | $759.20M | $700.18M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.70% | 1.59% | 1.24% | 1.29% |
2 analysts predict TS's average Quarter EBITDA for Jun 23 to be $884.12M, with a high of $907.28M and a low of $864.82M. This is -43.84% lower than Tenaris's previous annual EBITDA (Mar 23) of $1.57B.
Tenaris Net Income Forecast
| Sep 29 | Jun 29 | Mar 29 | Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.13B | $807.32M | $606.47M | $636.72M |
| Avg Forecast | $892.87M | $839.26M | $853.15M | $847.00M | $852.35M | $798.29M | $812.29M | $805.01M | $810.81M | $758.11M | $768.93M | $937.83M | $942.38M | $873.52M | $885.13M | $996.25M | $934.22M | $936.49M | $884.90M | $785.65M | $747.80M | $1.06B | $1.19B | $1.14B | $1.38B | $1.84B | $1.88B | $1.57B | $570.14M | $468.02M |
| High Forecast | $923.27M | $867.84M | $882.19M | $875.84M | $881.37M | $825.47M | $839.95M | $832.41M | $838.42M | $783.93M | $795.10M | $969.76M | $974.46M | $903.26M | $915.27M | $1.03B | $966.03M | $968.38M | $1.09B | $1.02B | $751.81M | $1.09B | $1.19B | $1.26B | $1.43B | $1.90B | $1.94B | $1.69B | $570.14M | $468.02M |
| Low Forecast | $867.53M | $815.44M | $828.94M | $822.96M | $828.17M | $775.64M | $789.24M | $782.16M | $787.80M | $736.60M | $747.11M | $911.22M | $915.63M | $848.73M | $860.01M | $967.97M | $907.71M | $909.92M | $507.52M | $436.46M | $743.80M | $1.04B | $1.19B | $985.70M | $1.34B | $1.79B | $1.83B | $1.52B | $570.14M | $468.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | 0.51% | 1.06% | 1.36% |
Tenaris's average Quarter net income forecast for Jun 23 is $1.84B, with a range of $1.79B to $1.90B. TS's average Quarter net income forecast represents a 63.03% increase compared to the company's last Quarter net income of $1.13B (Mar 23).
Tenaris SG&A Forecast
| Sep 29 | Jun 29 | Mar 29 | Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $411.78M | $454.48M | $403.44M | $411.74M |
| Avg Forecast | $1.33B | $1.26B | $1.19B | $1.12B | $1.06B | $998.08M | $942.02M | $889.11M | $839.18M | $792.05M | $747.56M | $454.27M | $455.14M | $440.03M | $442.48M | $438.76M | $438.38M | $438.86M | $425.22M | $400.36M | $397.10M | $471.36M | $486.13M | $442.18M | $461.58M | $537.03M | $562.11M | $512.00M | $425.46M | $392.38M |
| High Forecast | $1.37B | $1.29B | $1.22B | $1.15B | $1.09B | $1.02B | $966.69M | $912.40M | $861.16M | $812.79M | $767.14M | $466.17M | $467.06M | $451.56M | $454.07M | $450.25M | $449.86M | $450.35M | $431.03M | $401.85M | $399.91M | $472.21M | $498.87M | $453.66M | $461.82M | $551.09M | $576.83M | $541.11M | $425.46M | $392.38M |
| Low Forecast | $1.30B | $1.23B | $1.16B | $1.10B | $1.03B | $976.29M | $921.46M | $869.70M | $820.86M | $774.76M | $731.24M | $444.36M | $445.20M | $430.43M | $432.82M | $429.18M | $428.81M | $429.28M | $420.87M | $397.40M | $394.30M | $470.51M | $475.52M | $432.13M | $461.33M | $525.30M | $549.84M | $497.46M | $425.46M | $392.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 0.89% | 0.95% | 1.05% |
Tenaris's average Quarter SG&A projection for Jun 23 is $537.03M, based on 2 Wall Street analysts, with a range of $525.30M to $551.09M. The forecast indicates a 30.42% rise compared to TS last annual SG&A of $411.78M (Mar 23).
Tenaris EPS Forecast
| Sep 29 | Jun 29 | Mar 29 | Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 2 | 2 | 5 | 2 | 2 | 2 | 1 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.92 | $1.36 | $1.02 | $1.08 |
| Avg Forecast | $0.78 | $0.74 | $0.75 | $0.74 | $0.75 | $0.70 | $0.71 | $0.71 | $0.71 | $0.67 | $0.68 | $0.82 | $0.83 | $0.77 | $0.78 | $0.88 | $0.82 | $0.82 | $0.78 | $0.69 | $0.66 | $0.93 | $1.04 | $1.00 | $1.22 | $1.62 | $1.65 | $1.38 | $1.00 | $0.82 |
| High Forecast | $0.81 | $0.76 | $0.78 | $0.77 | $0.77 | $0.73 | $0.74 | $0.73 | $0.74 | $0.69 | $0.70 | $0.85 | $0.86 | $0.79 | $0.80 | $0.91 | $0.85 | $0.85 | $0.96 | $0.90 | $0.66 | $0.95 | $1.04 | $1.11 | $1.26 | $1.67 | $1.71 | $1.49 | $1.00 | $0.82 |
| Low Forecast | $0.76 | $0.72 | $0.73 | $0.72 | $0.73 | $0.68 | $0.69 | $0.69 | $0.69 | $0.65 | $0.66 | $0.80 | $0.80 | $0.75 | $0.76 | $0.85 | $0.80 | $0.80 | $0.45 | $0.38 | $0.65 | $0.91 | $1.04 | $0.87 | $1.18 | $1.57 | $1.60 | $1.33 | $1.00 | $0.82 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 0.98% | 1.02% | 1.31% |
According to 2 Wall Street analysts, Tenaris's projected average Quarter EPS for Jun 23 is $1.62, with a low estimate of $1.57 and a high estimate of $1.67. This represents a -15.80% decrease compared to TS previous annual EPS of $1.92 (Mar 23).
Tenaris Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WFRD | Weatherford | $65.74 | $114.50 | 74.17% | Buy |
| HAL | Halliburton | $26.37 | $37.50 | 42.21% | Buy |
| NOV | NOV | $14.40 | $20.00 | 38.89% | Buy |
| SLB | Schlumberger | $40.94 | $56.25 | 37.40% | Buy |
| CHX | ChampionX | $29.09 | $38.33 | 31.76% | Buy |
| DNOW | NOW | $15.01 | $18.00 | 19.92% | |
| FTI | TechnipFMC | $30.18 | $35.57 | 17.86% | Buy |
| TS | Tenaris | $37.73 | $42.00 | 11.32% | Buy |
| RES | RPC | $6.42 | $7.00 | 9.03% | Hold |
| BKR | Baker Hughes | $43.07 | $46.00 | 6.80% | Buy |
| OII | Oceaneering | $25.27 | $26.00 | 2.89% | Hold |
| WHD | Cactus | $61.66 | $54.00 | -12.42% | Hold |
| RNGR | Ranger Energy Services | $17.19 | $13.00 | -24.37% | Hold |