Analysts Adjust Tenaris Ratings and Price Targets Following Q3 Results
Multiple financial institutions, including Mediobanca, Equita Sim, and Banca Akros, updated their outlooks on Tenaris following the company's third-quarter earnings report.
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Multiple financial institutions, including Mediobanca, Equita Sim, and Banca Akros, updated their outlooks on Tenaris following the company's third-quarter earnings report.
Tenaris (NYSE:TS) reported third-quarter financial results on Thursday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs. For
Tenaris announced its third-quarter 2026 financial results, reporting $3.1 billion in sales and a net profit of $521 million.
Tenaris is among eight companies chosen to participate in a project focused on the development and production of wells, with operations expected to commence in 2028.
Morgan Stanley analyst Joe Laetsch maintains Tenaris (NYSE:TS) with a Equal-Weight and raises the price target from $60 to $62.