HSBC keeps Buy rating for Saudi Arabian Fertilizer stock
Published on 10/27/2026 at 15:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSHSBC rating and earnings
- HSBC kept its Buy rating on Saudi Arabian Fertilizer on October 26, 2026.
- Third-quarter net income fell to SAR 484 million on October 20, 2026.
- Saudi Arabian Fertilizer stock stood at SAR 113.30 on October 27, 2026, up 1.89 percent from SAR 111.20.
- The next earnings date is October 28, 2026.
Saudi Arabian Fertilizer (ISIN SA0007879139) reported third-quarter net income of SAR 484 million on October 20, 2026, down 62.48 percent from SAR 1.29 billion a year earlier, according to MarketScreener. Zonebourse reported on October 26, 2026 that HSBC kept its Buy rating on the stock. Saudi Arabian Fertilizer stock stood at SAR 113.30 on the Saudi Exchange on October 27, 2026 at 11:03 a.m. AST, up 1.89 percent from the SAR 111.20 prior close.
Quarterly profit remains under pressure
The third-quarter revenue decline was narrower than the earnings drop. Revenue fell to SAR 3.22 billion from SAR 3.52 billion in the third quarter of 2025, a decrease of 8.57 percent, while nine-month revenue reached SAR 8.51 billion versus SAR 9.88 billion a year earlier, according to MarketScreener.
The sequential comparison was less negative. Third-quarter revenue rose from SAR 2.41 billion in the second quarter of 2026 to SAR 3.22 billion, an increase of 33.55 percent. Net income also increased from SAR 379 million to SAR 484 million between those quarters.
Stock remains below its yearly high
The stock's dated Saudi Exchange range was SAR 110.80 to SAR 123.10 through October 26, 2026. At SAR 113.30, it stood 7.96 percent below that high and 2.26 percent above the low. TickerLandia reported a market capitalization of SAR 51.98 billion on October 26, 2026.
Rating and next reporting date
The analyst picture remains constructive despite the quarterly decline. MarketScreener listed 12 analysts and an average target of SAR 135.84, which is 19.89 percent above the October 27, 2026 price of SAR 113.30. The next earnings date is October 28, 2026, according to Investing.com.
What the figures mean for investors
The numbers separate volume recovery from profitability. Revenue improved sequentially, but the year-over-year earnings contraction was far steeper than the revenue decline, leaving cost control and fertilizer pricing as the key variables in the next report.
Price and valuation frame
Saudi Arabian Fertilizer stock was at SAR 113.30 on the Saudi Exchange on October 27, 2026 at 11:03 a.m. AST, up 1.89 percent versus the prior close of SAR 111.20. Its market capitalization was SAR 51.98 billion on October 26, 2026.
Saudi Arabian Fertilizer key facts
- Company: SABIC Agri-Nutrients Company SJSC
- ISIN: SA0007879139
- Ticker: 2020
- Primary exchange: Saudi Arabian S.E.
- Price on Saudi Exchange as of October 27, 2026 at 11:03 a.m. AST: SAR 113.30
- Change versus prior close: plus 1.89 percent
- Prior close: SAR 111.20
- Market capitalization: SAR 52.0 billion as of October 26, 2026
- 52-week range: SAR 110.80-123.10 as of October 26, 2026
- Sector: Agricultural Chemicals
- Next earnings date: October 28, 2026
Market context: Current market reports.
