BofA raises target for Tenaris stock to USD 71.00

Published on 10/14/2026 at 11:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter sales fell 4.00 percent to USD 3.00 billion. Tenaris stock costs EUR 52.75 on October 14, 2026 at Lang & Schwarz.

Analyst target and reporting dates

BofA lifted its Tenaris target to USD 71.00 from USD 66.00 on October 5, 2026.
Second-quarter sales reached USD 3.00 billion and fell 4.00 percent year over year.
Tenaris stock traded at EUR 52.75 at Lang & Schwarz on October 14, 2026 at 11:39 a.m. CEST.
Tenaris scheduled its third-quarter results for November 4, 2026 and its conference call for November 5, 2026.

TS, US88031M1099, Illustration mit AI erstellt.

Tenaris (ISIN US88031M1099) received a BofA price target of USD 71.00 on October 5, 2026, up from USD 66.00, while the bank maintained its Buy rating, according to Markets Insider. The target revision gives the latest market context for Tenaris stock, while the company's second-quarter figures show a mixed operating picture.

Three dates shape the timeline

Tenaris reported second-quarter 2026 results on August 5, 2026, and its investor-relations page lists USD 12.00 billion in annual net sales for fiscal 2025, according to Tenaris. The figures from the subsequent earnings call show second-quarter sales of USD 3.00 billion, down 4.00 percent year over year, while quarterly EBITDA fell 12.00 percent sequentially to USD 649.00 million, according to Yahoo Finance.

The same call put second-quarter net income at USD 492.00 million, down 13.00 percent sequentially, and free cash flow at USD 396.00 million. Tenaris also described USD 130.00 million of material for customers in Iraq, Kuwait and Qatar as an upside if shipping through the Strait of Hormuz resumes, with a 70 to 90 day delivery period.

What does the target change imply?

BofA cited rising U.S. pricing and offshore volumes when it raised the target to USD 71.00 from USD 66.00. The analyst action therefore contrasts a weaker second quarter with a more constructive view of future tube pricing and offshore demand.

Tenaris scheduled its 2026 third-quarter results for November 4, 2026 and its conference call for November 5, 2026, according to Tenaris. The dates put the next operating test after management's expectation that the fourth quarter will bring higher volumes and pricing.

Trading price in euros

Tenaris stock was trading at EUR 52.75 at Lang & Schwarz on October 14, 2026 at 11:39 a.m. CEST. The NYSE quote was last at USD 58.54 on October 13, 2026 at 4:00 p.m. ET, with a 52-week range of USD 34.15 to USD 64.60 and a market capitalization of USD 31.4 billion.

The further course of trading is shown by the continuously updated real-time quote of Tenaris stock.