Simply Wall St cuts fair value for SABIC stock to SAR 58.16

Published on 10/09/2026 at 13:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The estimate moved from SAR 59.46 to SAR 58.16 on October 7, 2026. SABIC stock was last at SAR 45.80 on October 8, 2026, below SAR 62.50.

Key points in brief

Fair value moved from SAR 59.46 to SAR 58.16 on October 7, 2026.
Second-quarter 2026 revenue was SAR 24.81 billion, down 18.00 percent year over year.
SABIC stock was last at SAR 45.80 on October 8, 2026, 26.72 percent below its 52-week high.
Third-quarter 2026 results are scheduled for October 26, 2026.

SABIC, SA0007879121, Illustration mit AI erstellt.

Simply Wall St lowered its fair value estimate for SABIC stock from SAR 59.46 to SAR 58.16 on October 7, 2026, putting the valuation debate beside a weak second-quarter result. The estimate still stood above the latest Tadawul price, but the target cut reflected lower revenue growth assumptions and a reduced future price-to-earnings multiple.

Fair value moves lower

According to Simply Wall St, the estimate was revised from SAR 59.46 to SAR 58.16 as revenue growth assumptions fell from 8.34 percent to 6.75 percent. The same update lowered the future price-to-earnings multiple from 36.11 times to 23.95 times, making the valuation case more cautious.

Three dated stock markers

For the first quarter ended March 31, 2026, Argaam listed net profit of SAR 13.20 million. For the second quarter ended June 30, 2026, Simply Wall St reported revenue of SAR 24.81 billion, down 18.00 percent from the second quarter of 2025, and a net loss of SAR 75.82 million. On October 7, 2026, the fair value estimate was cut to SAR 58.16.

What comes next for results?

Simply Wall St listed October 26, 2026 as the date for SABIC's third-quarter 2026 results. That date gives the market a defined checkpoint for testing whether revenue pressure and the second-quarter loss continue into the next reporting period.

What does the valuation imply?

At SAR 45.80, the stock price lies 21.25 percent below the SAR 58.16 fair value estimate, using the October 7, 2026 figures. The comparison is wide enough to leave the next earnings release as the more immediate test of the valuation case, because the target depends on stronger future margins and revenue growth rather than the second-quarter result alone.

Tadawul price stays below yearly high

The last available Tadawul quote was SAR 45.80 on October 8, 2026 at 3:16 p.m. AST, down 1.63 percent from the prior close of SAR 46.56. The price stood 26.72 percent below the 52-week high of SAR 62.50.