Tenaris has beaten earnings estimates in all 4 of the last 4 quarters with an average positive surprise of 14.9%, generates 16% net margins that rank best-in-class among peers, and carries a Piotroski score of 8/9 — a high-quality oil country tubular goods manufacturer that is currently priced beyond analyst consensus.
Thesis pillars
- Perfect Beat Streak Strong Surprise↓Deteriorating
- Best In Class Margins Peer Rank↓Deteriorating
- High Financial Health Piotroski↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Tenaris S.A. (TS) Stock Analysis
Energy · Oil & Gas Equipment & Services
Wait for pullback to $51.00. At $53.04 the A.R:R is 0.9:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $51.00 (Ma200 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 5.5%; Weak growth.
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
Wait for pullback to $51.00. At $53.04 the A.R:R is 0.9:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $51.00 (Ma200 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 5.5%; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 5.6/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news boost analyst 0.60, earnings proximity 88d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-08-08Recent Developments — Tenaris S.A.
Latest news
- NEWS Tenaris (TS) Projected to Release Quarterly Earnings on Wednesday - MarketBeat — MarketBeat neutral
- NEWS Tenaris SA (TS) Institutional Confidence - TradingKey — TradingKey neutral
- NEWS Tenaris SA (TS) Financial Health: Profitability & Balance Sheet Analysis - TradingKey — TradingKey neutral
- NEWS Tenaris SA (TS) Institutional Confidence - tradingkey.com — tradingkey.com neutral
- NEWS Tenaris SA (TS) Financial Health: Profitability & Balance Sheet Analysis - tradingkey.com — tradingkey.com neutral
Generated 2026-08-09T07:37:10Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Revenue shrinking — -3.9% YoY. Growth thesis broken unless recovery story develops.static
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $51.00. At $53.04 the A.R:R is 0.9:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $51.00 (Ma200 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Thin upside margin: 5.5%; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $55.93 (+5.4%), stop $47.84 (−10.9%), A.R:R 0.9:1. Score 5.6/10, moderate confidence.
Take-profit target: $55.93 (+5.5% upside). Target $55.93 (+5.4%), stop $47.84 (−10.9%), A.R:R 0.9:1. Stop-loss: $47.84.
Thin upside margin: 5.5%; Weak growth; Negative momentum.
Tenaris S.A. trades at a P/E of 14.0 (forward 13.0). TrendMatrix value score: 6.3/10. Verdict: Buy (Wait for Entry).
20 analysts cover TS with a consensus score of 3.5/5. Average price target: $64.
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.