Tenaris S.A. American Depositary Shares (TS) Analyst Ratings & Price Targets

Tenaris S.A. American Depositary Shares

TS · NYSE

Analyst Consensus

Buy

8 analysts

$55

Current

$40

Low

$63

Average

$65

High

Average target implies +15.07% versus the current price.

Analyst Ratings Synthesis

Consensus is Buy across eight analysts, with a mean target of $64. The supplied consensus has no available low or high, so target clustering and the full spread cannot be established from that dataset. The broader evidence is substantially less consistent: Fintel cites a $42.20 average and a $31.54-$53.44 range, while Public cites a $45 target from five analysts. Morgan Stanley is the most bullish named firm in the supplied evidence after raising its target to $65 from $53 and upgrading Tenaris to Equal Weight on July 15; its earlier February target was $40. The least bullish cited firm-level target is that earlier Morgan Stanley figure. Revisions are mixed, with Morgan positive and Weiss downgrading from Buy (B).

Rating Actions

2 firms captured

Firm	Analyst	Rating	Price Target	Upside	Date	Source
Morgan Stanley	—	Equal Weight Upgraded from Underweight to Equal Weight and raised price target to $65 from $53	$65from $53	+17.9%	Jul 15, 2026	Open the report this row came from
Weiss Ratings	—	not stated Downgraded from Buy (B); new rating not stated	—	—	Jul 10, 2026	Open the report this row came from
Morgan Stanley	—	not stated Set or updated price target to $40	$40	-27.5%	Feb 23, 2026	Open the report this row came from

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

BARCLAYS CAPITA

JEFFERIES & CO.

JP MORGAN SECUR

MORGAN STANLEY

PIPER SANDLER

STIFEL NICOLAUS

TD COWEN

Symbol: TS
Type: Stock
Sector: Industrials
Industry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Exchange: NYSE

Tenaris is a leading global manufacturer and supplier of steel pipe products and related services for the world's energy industry and other industrial applications. Our customers include most of the world's leading oil and gas companies and our revenues amounted to US $12 billion in 2025. Employing around 25,000 people worldwide, we operate an integrated network of steel pipe manufacturing, research, finishing and service facilities with industrial operations in the Americas, Europe, the Middle East, Asia and Africa and a direct presence in most major oil and gas markets.

Key Issues

Bullish view

The supplied consensus is Buy across eight analysts, with a mean target of $64 versus the $57.96 close. Morgan Stanley also raised its target to $65 from $53 on July 15.

Bearish view

Other cited target measures are materially lower: Fintel reports a $42.20 average with a $31.54-$53.44 range, while Public cites a $45 target from five analysts. The conflicting datasets weaken confidence in the $64 consensus mean.

Analyst Consensus

See all

Buy

8 analysts

$55

Current

$40

Low

$63

Average

$65

High

Average target implies +15.07% versus the current price.

Earnings History

BeatMissNo estimate

Tenaris S.A. American Depositary Shares

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers