Tenaris Sa (TS) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Tenaris Sa (TS) stock forecast summary
Our AI scores Tenaris Sa every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Tenaris Sa is a large-cap company with a market capitalization of $29.80B. It ranks number 4 by market capitalization among the 11 Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) issuers in our coverage with a current forecast. Its ROE of 57.3% is the highest of the 9 peers that report one. Its Net Margin of 21.1% is the highest of the 8 peers that report one.
For TS, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -23.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -6.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, TS included.
TS price chart and AI forecast
How TS ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Tenaris Sa (TS) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) peers listed below that report each metric.
Valuation & Market
| Metric | TS | Rank |
|---|---|---|
| Market Cap | $29.80B | 4/11 |
| Revenue/Share | $89.12 | – |
Profitability & Margins
| Metric | TS | Rank |
|---|---|---|
| ROE | 57.3% | 1/9 |
| ROA | 47.4% | 1/9 |
| ROIC | 57.9% | 1/8 |
| Gross Margin | 37.5% | 1/9 |
| Operating Margin | 22.8% | 1/7 |
| Net Margin | 21.1% | 1/8 |
| EBT Margin | 25.5% | 1/10 |
| Tax Rate | 17.2% | – |
Financial Health
| Metric | TS | Rank |
|---|---|---|
| Current Ratio | 3.87x | 2/11 |
| Quick Ratio | 2.33x | 1/11 |
| D/E Ratio | 0.20x | 11/11 |
| Financial Leverage | 1.21x | 11/11 |
| Working Capital | $6.73B | 3/10 |
Cash Flow
| Metric | TS | Rank |
|---|---|---|
| Operating Cash Flow | $8.28B | 2/10 |
Operational Efficiency
| Metric | TS | Rank |
|---|---|---|
| Asset Turnover | 2.25x | 3/10 |
| Inventory Turnover | 7.8x | 4/9 |
| Fixed Assets Turnover | 7.3x | 2/10 |
| Days Inventory | 47 days | 6/9 |
| Payables Period | 11 days | – |
Income Statement
| Metric | TS | Rank |
|---|---|---|
| Total Revenue | $45.13B | 1/9 |
| Operating Income | $10.27B | 2/7 |
| Net Income | $9.50B | 1/9 |
| R&D Expense | $220M | – |
| SG&A Expense | $6.59B | 2/10 |
| Cost of Goods Sold | $28.23B | 3/8 |
Dividend & Shareholder Information
| Metric | TS | Rank |
|---|---|---|
| Shares Outstanding | 506M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $9.07B | |
| Cash & Short-term Investments | $573M | |
| Inventory | $3.60B | |
| Total Liabilities | $3.24B | |
| Short-term Debt | $1.47B |
TS quarterly financials and insider trading
Tenaris Sa (TS) industry peers
Companies classified under the same SEC industry code as Tenaris Sa (Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)): 11 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| TS Tenaris Sa | $29.80B | |
| NUE Nucor Corp | $55.58B | |
| MT Arcelormittal | $46.41B | |
| STLD Steel Dynamics Inc | $31.70B | |
| CRS Carpenter Technology Corp | $13.79B | |
| TX Ternium S.A. | $9.65B | |
| CMC Commercial Metals Co | $6.85B | |
| SXC Suncoke Energy, Inc. | $823M | |
| MTUS Metallus Inc. | $690M | |
| ASTL Algoma Steel Group Inc. | $565M | |
| TWI Titan International Inc | $319M |
Where TS sits on the market map
Tenaris Sa (TS) stock news
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Tenaris Sa (TS) stock forecast FAQ
What is the Tenaris Sa (TS) stock forecast?
Our AI scores Tenaris Sa every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Tenaris Sa stock predictions?
For TS, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -23.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -6.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Tenaris Sa forecasts updated?
Tenaris Sa forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Tenaris Sa's industry peers?
11 issuers in our coverage, TS included, share the SEC industry code Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens). The largest are: Nucor Corp (NUE), Arcelormittal (MT), Steel Dynamics Inc (STLD), Carpenter Technology Corp (CRS), Ternium S.A. (TX), Commercial Metals Co (CMC).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.