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Tenaris SA has a consensus price target of $50.71 based on the ratings of 7 analysts. The high is $59 issued by TD Cowen on February 20, 2026. The low is $40 issued by Piper Sandler on July 15, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, Piper Sandler, and Morgan Stanley on April 15, 2026, April 15, 2026, and February 23, 2026, respectively. With an average price target of $48.67 between Morgan Stanley, Piper Sandler, and Morgan Stanley, there's an implied -15.36% downside for Tenaris SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Tenaris (NYSE:TS) was reported by Morgan Stanley on April 15, 2026. The analyst firm set a price target for $50.00 expecting TS to fall to within 12 months (a possible -13.04% downside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Tenaris (NYSE:TS) was provided by Morgan Stanley, and Tenaris maintained their underweight rating.
The last upgrade for Tenaris SA happened on December 9, 2024 when Jefferies raised their price target to $47. Jefferies previously had a hold for Tenaris SA.
The last downgrade for Tenaris SA happened on September 17, 2025 when Piper Sandler changed their price target from $48 to $41 for Tenaris SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tenaris, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Tenaris was filed on April 15, 2026 so you should expect the next rating to be made available sometime around April 15, 2027.
While ratings are subjective and will change, the latest Tenaris (TS) rating was a maintained with a price target of $40.00 to $50.00. The current price Tenaris (TS) is trading at is $57.50, which is out of the analyst’s predicted range.