What is TS stock price target for 2026?

WallStSmart's 12-month price target for Tenaris SA ADR is $57.21, representing 10.0% downside from the current price of $63.54.

What is TS stock forecast?

Tenaris SA ADR forecast includes bull, base, and bear case scenarios from 2026 through 2030. Revenue and EPS projections are derived from analyst consensus and conservative extrapolation with growth deceleration for outer years.

Is TS undervalued based on price targets?

Our DCF intrinsic value for Tenaris SA ADR is $57.39, against a current price of $63.54. The margin of safety is 15.23%.

Tenaris SA ADR

NYSE: TS · ENERGY · OIL & GAS EQUIPMENT & SERVICES

$63.54

+0.62% today

Updated 2026-04-29

Market cap

$32.08B

P/E ratio

17.36

P/S ratio

2.68x

EPS (TTM)

$3.66

Dividend yield

2.80%

52W range

$31 – $64

Volume

2.1M

Market cap

$32.08B

P/E ratio

17.36

P/S ratio

2.68x

EPS (TTM)

$3.66

Dividend yield

2.80%

52W range

$31 – $64

Volume

2.1M

Tenaris SA ADR (TS) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current

$63.54

Consensus

$48.60

-23.51%

2030 Target

$337.04

+430.44%

DCF

$57.39

+15.23% MoS

Current price

$63.54

Analyst consensus

$48.60

-23.51%

2030 Target

$337.04

+430.44%

Intrinsic (DCF)

$57.39

+15.23% MoS

5 analysts:

2 Buy1 Hold1 Sell

Management guidance

No specific multi-year revenue targets from management disclosed in available materials. Latest guidance focuses on Q4 2025 operational resilience amid geopolitical challenges and tariff headwinds. Management confidence reflected through $1.2B share buyback authorization and $600M executed, signaling belief in valuation and cash generation capacity.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range

Bull case (2030)

$563.67

$14.3B Rev × 20x P/S

Base case (2030)

$337.04

$14.3B Rev × 12x P/S

Bear case (2030)

$226.63

$14.3B Rev × 8x P/S

Financial forecast — research-backed

Metric	2023	2024	2025	2026 (E)	2027 (E)	2028 (E)	2029 (E)	2030 (E)
Revenue	$14.9B	$12.5B	$12.0B	$12.2B	$12.6B	$13.1B	$13.7B	$14.3B
Revenue growth	—	-15.8%	-4.3%	1.4%	3.7%	4.0%	4.2%	4.4%
EPS	—	—	—	$1.87	$2.01	$2.18	$2.35	$2.54
P/S ratio	—	—	—	12.0x	12.0x	12.0x	12.0x	12.0x
Implied price	—	—	—	$290.55	$302.17	$313.79	$325.42	$337.04

Catalysts & risks

Growth catalysts

+ Oil price recovery and sustained energy demand supporting oilfield services spending

+ LNG and energy transition pipe demand providing secular growth offset to commodity cyclicality

+ Resolution of US tariff impacts on steel imports and manufacturing costs

+ Contracted backlog conversion and capacity utilization improvements

+ Strategic M&A in scrap recycling and vertical integration (Beaver Falls, Koppel acquisitions)

Key risks

- Oil price volatility and cyclical downturn in drilling/production spending

- US steel tariffs increasing input costs and compressing margins

- Geopolitical uncertainties impacting Middle East and international operations

- Steel commodity price deflation reducing revenue realization

- Customer capex deferrals in response to macro uncertainty

Methodology

Tenaris SA ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 5 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.