Analysts lift target for Luberef stock to SAR 150.82

Luberef stock received a higher analyst target of SAR 150.82 from SAR 145.62 in an October 4, 2026 update. Simply Wall St said the revision reflected updated assumptions for revenue growth, profit margins, the discount rate and future price-to-earnings expectations.

Target rises as earnings accelerate

The target change gives investors a clear numerical reference, but it remains a Saudi riyal valuation measure rather than a euro quotation. The new SAR 150.82 target is 14.10 percent above the SAR 132.10 market price used in the calculation, based on the latest finance quote available for October 8, 2026.

Luberef reported first-half 2026 net income of SAR 992.0 million, up 113.00 percent from SAR 467.0 million a year earlier. Lubes'n'Greases said the increase was supported by stronger base oil pricing and higher crack margins.

Dividend adds a dated cash event

The company approved a SAR 4.00 per-share dividend for the first half of 2026, with payment scheduled for October 15, 2026. Saudi Exchange lists the eligibility date as October 1, 2026 and the distribution date as October 15, 2026.

That dividend is important because the payout arrives after a sharp improvement in interim profitability. It also gives the stock a concrete near-term corporate date while the market weighs whether elevated base oil margins can persist into the second half.

Range leaves room for comparison

Saudi Aramco Base Oil Company had a market capitalization of SAR 21.6 billion on October 8, 2026. The 52-week range was SAR 84.45 to SAR 143.00, placing the finance quote at 92.25 percent above the low and 10.42 percent below the high.

The company's operating base remains concentrated in base oils and related products. Luberef says it operates facilities in Yanbu and Jeddah with total annual production capacity of 1.3 million metric tons.

Valuation meets operating momentum

The central tension is visible in the numbers: first-half net income more than doubled, while the latest analyst target remains below the 52-week high. For investors, the next test is whether margins and cash distributions can support the higher valuation reference through the next reporting cycle.

Saudi Aramco Base Oil Company had a market capitalization of SAR 21.6 billion on October 8, 2026, while its 52-week range stood at SAR 84.45 to SAR 143.00.

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