Tenaris Forecasts Q1 Revenue at $2.54B, Raises 2026 Outlook to $10.27B
Tenaris is forecast to report Q1 2026 revenue of $2.54 billion and EPS of $0.41, after delivering $2.55 billion and $0.38 EPS in the prior quarter. Full-year 2026 revenue estimates rose to $10.27 billion with EPS at $1.72, while the one-year price target of $24.44 implies an 8.5% downside.
1. Q1 2026 Earnings Outlook
Tenaris will release Q1 results on May 7 with analysts expecting revenue of $2.54 billion and earnings of $0.41 per share. This follows a prior quarter where the company delivered $2.55 billion in revenue and $0.38 EPS, beating consensus estimates.
2. Upward Revisions to Full-Year Forecasts
Revenue estimates for 2026 have increased from $10.21 billion to $10.27 billion, while full-year EPS forecasts rose from $1.62 to $1.72. Analysts also lifted 2027 revenue projections from $10.53 billion to $10.63 billion and earnings estimates from $1.73 to $1.81 per share.
3. Valuation and Analyst Targets
The average one-year price target of $24.44 implies an 8.5% drop from the current share price. GuruFocus valuation suggests a 46% downside, while the consensus brokerage rating stands at 2.5, indicating an Outperform stance.