SABIC stock reports SAR 820 million H1 loss near yearly low

Published on 10/07/2026 at 09:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SABIC stock traded at SAR 46.70 on October 7, 2026, while its 52-week high was SAR 62.50. Analysts set a SAR 59.46 average target across 12 views.

SABIC, SA0007879121, Illustration mit AI erstellt.

SABIC stock (ISIN SA0007879121) was trading at SAR 46.70 on Tadawul on October 7, 2026, 2.19 percent above its 52-week low of SAR 45.70. The latest operating picture remains defined by a SAR 820 million loss for the first half of 2026, according to Argaam.

Losses narrowed but stayed material

SABIC's second-quarter loss narrowed to SAR 833 million from SAR 4.07 billion a year earlier, according to Arab News on August 16, 2026. The comparison is substantial, but the company still remained loss-making in the latest half-year period.

Revenue in Q2 2026 was SAR 24.8 billion, down 18 percent from Q2 2025, while the net loss reached SAR 75.8 million in the quarterly data cited by Simply Wall St. The different loss figures reflect the half-year and quarterly reporting views, so the period label matters for investors assessing the turnaround.

Consensus target remains above the quote

The analyst consensus on MarketScreener was Hold across 12 analyst views, with an average target of SAR 59.46. Against the October 7 price of SAR 46.70, that target lies 27.32 percent above the price.

That valuation gap is balanced by the earnings risk. MarketScreener reported on September 15, 2026, that BofA cut its SABIC price target and forecasts amid uncertainty around the Strait of Hormuz. The issue adds a direct external risk to a business already exposed to feedstock costs, shipping and global chemical demand.

Q3 results set the next checkpoint

SABIC is scheduled to report its third-quarter 2026 results on October 26, 2026, according to the company event information reproduced by Simply Wall St. That release should clarify whether the lower quarterly loss reflects improving operations or mainly the absence of last year's exceptional charges.

For investors, the key tension is visible in the numbers: the stock is only SAR 1.00 above its 52-week low, while the consensus target is SAR 12.76 higher. A recovery case therefore depends on revenue stabilization and margin improvement rather than on the target gap alone.

Stock stays near its yearly low

SABIC was trading at SAR 46.70 on Tadawul on October 7, 2026 at 10:21:46 a.m. AST, up SAR 0.06, or 0.13 percent, from the prior close. Its 52-week range was SAR 45.70 to SAR 62.50, and market capitalization was SAR 140.1 billion.