Simply Wall St cuts fair value for SABIC stock
Published on 10/14/2026 at 17:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSValuation and earnings pressure
- Simply Wall St cut its fair value estimate to SAR 58.16 on October 7, 2026.
- SABIC revenue reached SAR 24.8 billion in the second quarter of 2026.
- SABIC had a market capitalization of SAR 134.1 billion on October 14, 2026.
SABIC stock is facing a lower valuation benchmark after Simply Wall St cut its fair value estimate from SAR 59.46 to SAR 58.16 on October 7, 2026. According to Simply Wall St, the revision reflected updated assumptions for revenue growth, profit margins and future price-to-earnings expectations.
Recent results remain the anchor
SABIC reported SAR 24.8 billion of revenue in the second quarter of 2026, down 18 percent from SAR 30.2 billion in the second quarter of 2025. Net loss reached SAR 75.8 million, compared with net income of SAR 480.9 million a year earlier, while revenue exceeded analyst estimates by 2.2 percent, according to Simply Wall St.
What does the loss mean for margins?
The margin shift is the sharper warning signal. Simply Wall St reported that net margin moved from a 1.6 percent profit in the second quarter of 2025 to a 0.3 percent loss in the second quarter of 2026, linking the change to the weaker earnings picture.
Three dated developments
On August 6, 2026, SABIC reported second-quarter revenue of SAR 24.8 billion and a net loss of SAR 75.8 million, according to Simply Wall St. On September 29, 2026, the company announced that third-quarter results would be released on October 26, 2026. On October 7, 2026, the fair value estimate was reduced from SAR 59.46 to SAR 58.16.
What comes next for SABIC?
The next dated company event is the third-quarter 2026 results release on October 26, 2026. The earnings update will test whether margins can recover from the second-quarter loss and whether the lower valuation estimate has incorporated the near-term pressure.
Market value remains below the yearly high
Saudi Basic Industries Corporation stock was last at SAR 44.70 on Tadawul on October 14, 2026 at 3:19 p.m. AST. Its market capitalization stood at SAR 134.1 billion, while the 52-week range was SAR 44.70 to SAR 62.50. Market report Latest market reports.
SABIC stock facts
- Company: Saudi Basic Industries Corporation
- ISIN: SA0007879121
- Ticker: 2010
- Primary exchange: Tadawul
- Tadawul price as of October 14, 2026 at 3:19 p.m. AST: SAR 44.70
- Market capitalization: SAR 134.1 billion as of October 14, 2026
- 52-week range: SAR 44.70-SAR 62.50 as of October 14, 2026
- Sector / Industry: Basic Materials / Chemicals
Market context: Market report Latest market reports.
