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Tenaris S.A. (TS) Stock Analysis

Breakout setup

SellVALUE-TRAP 1/5High Confidence

Energy · Oil & Gas Equipment & Services

Earnings in 6 days (2026-05-06). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Analyst target reached at $63.48 — A.R:R is negative (-1.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (0.8% away).

Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. It provides steel... Read more

$63.48-1.3% A.UpsideScore 5.3/10#18 of 32 Oil & Gas Equipment & Services
Stop $61.10Target $62.62(resistance)A.R:R -1.8:1
Analyst target$58.57-7.7%13 analysts
$62.62our TP
$63.48price
$58.57mean
$45
$72

Sell if holding. Analyst target reached at $63.48 — A.R:R is negative (-1.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (0.8% away). Chart setup: Golden cross, above all MAs, RSI 69, MACD bullish. Score 5.3/10, high confidence.

Passes 5/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 6d<=7d. Suitability: moderate.

Thesis

Rewards
Strong earnings beat streak (4/4)
Risks
Analyst target reached - limited upside remaining
Near 52-week high (0.8% away)
Leverage penalty (D/E 2.7): -1.5

Key Metrics

P/E (TTM)17.4
P/E (Fwd)16.6
Mkt Cap$32.1B
EV/EBITDA22.2
Profit Mgn16.1%
ROE11.7%
Rev Growth5.3%
Beta0.46
Dividend2.80%
Rating analysts20

Quality Signals

Piotroski F8/9

Options Flow

P/C0.25bullish
IV54%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Earnings Growth
2.9
Revenue Growth
3.8
GatesA.R:R -1.8=NEGATIVEEARNINGS PROXIMITY 6d<=7dMomentum 4.9<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.9>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARBreakoutSuitability: Moderate
RSI
69 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $56.63Resistance $63.90

Price Targets

$61
$63
A.Upside-1.4%
A.R:R-1.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-19.7% upside)
! Negative risk/reward — downside exceeds upside
! EARNINGS_PROXIMITY:6d<=7d

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-05-06 (6d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is TS stock a buy right now?

Sell if holding. Analyst target reached at $63.48 — A.R:R is negative (-1.8) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (0.8% away). Chart setup: Golden cross, above all MAs, RSI 69, MACD bullish. Prior stop was $61.10. Score 5.3/10, high confidence.

What is the TS stock price target?

Take-profit target: $62.62 (-1.3% upside). Prior stop was $61.10. Stop-loss: $61.10.

What are the risks of investing in TS?

Analyst target reached - limited upside remaining; Near 52-week high (0.8% away); Leverage penalty (D/E 2.7): -1.5.

Is TS overvalued or undervalued?

Tenaris S.A. trades at a P/E of 17.4 (forward 16.6). TrendMatrix value score: 4.9/10. Verdict: Sell.

What do analysts say about TS?

20 analysts cover TS with a consensus score of 3.6/5. Average price target: $59.

What does Tenaris S.A. do?Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for...

Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. It provides steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks, and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure. The company also offers cold-drawn pipes for use in boilers, superheaters, condensers, heat exchangers, automobile production, and other industrial applications; premium joints and couplings for use in high temperature or high pressure environments under the TenarisHydril brand name; coiled tubing is used for oil and gas drilling and well workovers and for subsea pipelines; sucker rods used in oil extraction activities, tubes used for plumbing and construction applications, and oilfield / hydraulic fracturing services; pipe coating services; and automotive components. In addition, it engages in the sale of energy and raw materials; development, management, and licensing of intellectual property; procurement and trading services; and financial operations, as well as markets steel products. Further, the company manufactures and markets connections; and welded and seamless steel pipes. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.àr.l.

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