Tenaris (TS) Stock Analysis & Forecast

Tenaris S.A. Non-energy minerals sector. Market cap $30.18B.

$56.25−0.27 (−0.5%)

Close on Sep 18, 2026. Page updated Sep 19, 9:19 pm ET.

Gekko Brief

AI summary

Tenaris (TS) closes at $56.25, down 0.5% on the day, holding above both its 50-day average of $55.55 and its 200-day average of $53.52. The GekkoIndex reading of 56.8 sits in the Neutral zone, up 2.4 over the past five readings. Against this, Gekko Fair Value stands at $86.24, putting the current price 34.8% below that level. Over the past year the stock has returned 59.2%, though the three-month return is -1.7% and the six-month return is a modest 0.3%. The 52-week range spans $33.65 to $64.60.

No news items are available this week, so attention turns to the next 20 trading days. Tenaris last reported on 5 August, posting EPS of $0.95 against an estimate of $0.79, with the stock reacting -7.9% afterward. That quarter's sales reached $3 billion, down 4% year-on-year on Middle East shipment postponements tied to the Strait of Hormuz closure, while EBITDA fell 12% sequentially to $649 million and net income dropped 13% to $492 million. Free cash flow came in at $396 million. The company has beaten estimates in 8 of the last 8 quarters, with an average absolute reaction of 6.7%.

The next earnings date falls on 4 November, 45 days out and beyond a typical 20-trading-day hold. Seasonally, this point in the calendar has produced an average 20-day return of 6.9% over 5 years, positive in 4 of those years. No insider, Congress, or unusual options activity appears in their respective windows. Analyst coverage from 5 firms shows 3 buy and 2 hold ratings, with a consensus target of $63.91, implying 13.6% upside from current levels.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $56.25200-day averageGekko Fair Value $86.24

Key stats

Market cap
$30.18B
P/E ratio
15.1
Forward P/E
15.8
EPS, TTM
$3.75
Revenue, TTM
$12.04B
Profit margin
15.9%
Dividend yield
4.21%
Beta
0.47
Volume
1.48M avg 1.11M
1-year return
+59.2%
Typical daily move
±2.5%
Typical 20-day move
±5.9%
50-day average
$55.55
200-day average
$53.52
Next earnings
Nov 4
Shares outstanding
504.8M
52-week range
$33.65$64.60

Tenaris swing-trade checklist

Tenaris scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $56.25 is above the 50-day ($55.55) and 200-day ($53.52) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    56.8, Neutral

    Reading 56.8 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    34.8% below

    Price is 34.8% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 45 days

    Next report Nov 4, 2026, 45 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +6.9% on average

    From this point in the calendar, the next 20 trading days averaged +6.9% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Tenaris stock chart and price history

Tenaris closed at $56.25 on Sep 18, 2026, +59.2% over the past year, inside a 52-week range of $33.65 to $64.60.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+6.0%
3 months
−1.7%
6 months
+0.3%
1 year
+59.2%
The full TS chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TS in Gekko

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About Tenaris

Tenaris designs, produces and supplies steel pipe products for energy applications and various industrial uses, serving customers across North and South America, Europe, the Middle East, Africa and the Asia Pacific region. Its output includes casing that reinforces well walls while drilling is underway and afterward, tubing that carries crude oil and gas upward once a well is complete, and line pipe that moves those resources onward to refineries, tanks and distribution hubs. The company also supplies mechanical and structural pipe rated for high-pressure transport, along with cold-drawn tubing found in boilers, heat exchangers and similar equipment, plus premium connections sold under its TenarisHydril name.

Its range extends further into coiled tubing for drilling and well maintenance, rods used in oil extraction, piping for plumbing and construction, fracturing services, pipe coating work, and parts for vehicles. Alongside manufacturing, the business handles trading of energy and raw materials, manages and licenses intellectual property, and carries out procurement and financing activities. Tenaris functions as part of the Techint Holdings group, which holds it as a subsidiary.

The company traces its incorporation to 2001 and keeps its headquarters in Luxembourg. Its stock is listed under the ticker TS.

Sector
Non-energy minerals
Website
tenaris.com

Tenaris GekkoIndex: the smart money zone

Tenaris’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 56.8, in the Neutral zone, up 2.4 points over five sessions.

010056.8Neutral

Up 2.4 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying30−0.4%−0.6%+0.3%+0.1%
Accumulation201+1.0%+1.6%+1.3%+3.8%
Neutral (current zone)343+0.1%+0.4%+1.4%+5.4%
Distribution39+0.5%+1.1%+4.1%+8.8%
Selling2Too few readings yet

Average TS share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the TS price, zone by zone.Track TS in Gekko

Is Tenaris stock overvalued? Gekko Fair Value

Tenaris trades 34.8% below Gekko Fair Value of $86.24, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Tenaris shares are worth, recalculated every trading day.

$86.24

Gekko Fair Value, Sep 19, 2026

34.8% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open TS in Gekko

Tenaris insider and Congress trading

No open-market insider purchases were filed for Tenaris, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for TS in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every TS insider filing, plotted on the chart in Gekko.Open TS in Gekko

Congress trades last 90 days

No trades in TS were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for TS, plotted on the chart in Gekko.Open TS in Gekko

Buybacks

Tenaris has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$237K
As a share of market cap
0.00%
Trailing four quarters
$978.5M

From company filings.

Tenaris earnings: next date and track record

Tenaris reports on Nov 4, 2026 (45 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±6.7%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

+10.9%Nov ’24−2.0%Feb ’25−2.9%Apr ’25−8.4%Jul ’25+5.9%Oct ’25+8.6%Feb ’26−7.1%May ’26−7.9%Aug ’26

Last earnings call, Aug 5, 2026 AI summary

What they said
Tenaris Q2 2026 sales reached $3 billion, down 4% year-on-year, primarily due to Middle East shipment postponements caused by the Strait of Hormuz closure. EBITDA fell 12% sequentially to $649 million, net income dropped 13% to $492 million from lower fixed cost absorption and higher raw material/logistics costs. Free cash flow was $396 million. Growth is accelerating in U.S., Canada ($230M mill investment), and Argentina's Vaca Muerta with expanding deepwater project backlog.
Guidance
Management expects price increases and improved margins in Q4 as higher raw material costs are passed through. Offshore project backlog growth is expected to boost sales from Q4 into 2027. Board approved interim dividend of $0.59/share (~$600 million) payable November 25.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$0.95
est $0.79
+20.3%$2.97B
est $2.93B
+1.1%−7.9%
May 6, 2026$1.07
est $0.87
+23.0%$3.10B
est $3.03B
+2.2%−7.1%
Feb 18, 2026$0.87
est $0.76
+14.5%$3.00B
est $2.95B
+1.4%+8.6%
Oct 29, 2025$0.85
est $0.75
+13.3%$2.96B
est $2.95B
+0.5%+5.9%
Jul 30, 2025$0.99
est $0.88
+12.5%$3.12B
est $2.93B
+6.6%−8.4%
Apr 30, 2025$0.94
est $0.80
+17.5%$2.92B
est $2.87B
+1.8%−2.9%
Feb 19, 2025$0.94
est $0.71
+32.5%$2.85B
est $2.71B
+5.2%−2.0%
Nov 6, 2024$0.81
est $0.66
+22.7%$2.92B
est $2.80B
+4.0%+10.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Tenaris stock forecast and analyst price targets

Analysts’ average 12-month price target for Tenaris is $63.91, +13.6% from the last close, from 5 firms rating the stock in the last 90 days.

$63.91consensus 12-month target, +13.6% from the last close
Low $57High $80
Buy3
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 5 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Aug 20Morgan StanleyHold, reiterated$60+6.7%
Aug 10BarclaysBuy, maintained$80+42.2%
Aug 7TD CowenBuy, reiterated$68+20.9%
Aug 6Stifel NicolausBuy, maintained$57+1.3%
Aug 6Piper SandlerHold, maintained$60+6.7%
+1.4%average 20-day move after past Neutral readings
+6.9%average move over the next 20 trading days in the last 5 years
±2.5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Tenaris seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Tenaris averaged +6.9% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+19.5%2021+3.8%2022+4.6%2023+6.4%2024−1.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.1%3 of 5
Next 10 trading days+5.1%4 of 5
Next 15 trading days+5.4%4 of 5
Next 20 trading days+6.9%4 of 5
Next 30 trading days+11.9%4 of 5

For scale, TS’s typical 20-trading-day move in either direction is about 5.9%.

Tenaris market cap and key statistics

Tenaris’s market cap is $30.18B, with a P/E ratio of 15.1 and revenue of $12.04B over the last twelve months.

Valuation

Market cap
$30.18B
P/E ratio
15.1
Forward P/E
15.8
EPS, TTM
$3.75
Gekko Fair Value
$86.24

Trading

Volume
1.48M
Avg volume, 20 days
1.11M
52-week high
$64.60
52-week low
$33.65
Shares outstanding
504.8M

Financials

Revenue, TTM
$12.04B
Profit margin
15.9%
Return on equity
11.6%
Quarterly earnings growth, YoY
−4.9%

Risk and income

Beta
0.47
Typical daily move
±2.5%
Typical 20-day move
±5.9%
Dividend yield
4.21%

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Tenaris stock FAQ

What is Tenaris’s market cap?

Tenaris’s market cap is $30.18B at the Sep 18, 2026 close of $56.25, with 504.8M shares outstanding. The shares trade on a P/E ratio of 15.1.

What is the Tenaris stock forecast?

The consensus analyst 12-month price target for Tenaris is $63.91, +13.6% from the last close. Of the 5 firms that rated the stock in the last 90 days, 3 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Tenaris stock overvalued or undervalued?

On Gekko’s estimate Tenaris is undervalued: the Sep 18, 2026 close of $56.25 is 34.8% below Gekko Fair Value of $86.24. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Tenaris report earnings next?

Tenaris is expected to report on Nov 4, 2026 (45 days away). Analysts expect earnings of $0.82 per share on revenue of $3.02B. Tenaris beat the earnings estimate in 8 of its last 8 reports, moving 6.7% on average across the report.

What is Tenaris’s 52-week high and low?

Tenaris’s 52-week high is $64.60 and its 52-week low is $33.65; it closed at $56.25 on Sep 18, 2026, +59.2% over the past year.

Is Tenaris stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (trend, fair value, earnings risk and seasonality), 1 as mixed (gekkoindex). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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