Here's What Analysts Are Forecasting For Saudi Tadawul Group Holding Company (TADAWUL:1111) After Its Third-Quarter Results
Last week, you might have seen that Saudi Tadawul Group Holding Company (TADAWUL:1111) released its third-quarter result to the market. The early response was not positive, with shares down 4.3% to ر.س191 in the past week. Results look mixed - while revenue fell marginally short of analyst estimates at ر.س318m, statutory earnings were in line with expectations, at ر.س0.69 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Taking into account the latest results, the most recent consensus for Saudi Tadawul Group Holding from seven analysts is for revenues of ر.س1.63b in 2026. If met, it would imply a sizeable 24% increase on its revenue over the past 12 months. Per-share earnings are expected to surge 60% to ر.س5.53. Before this earnings report, the analysts had been forecasting revenues of ر.س1.63b and earnings per share (EPS) of ر.س5.53 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
Check out our latest analysis for Saudi Tadawul Group Holding
The analysts reconfirmed their price target of ر.س195, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Saudi Tadawul Group Holding analyst has a price target of ر.س228 per share, while the most pessimistic values it at ر.س164. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's clear from the latest estimates that Saudi Tadawul Group Holding's rate of growth is expected to accelerate meaningfully, with the forecast 19% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 3.8% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.1% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Saudi Tadawul Group Holding to grow faster than the wider industry.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at ر.س195, with the latest estimates not enough to have an impact on their price targets.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Saudi Tadawul Group Holding analysts - going out to 2027, and you can see them free on our platform here.
We don't want to rain on the parade too much, but we did also find 1 warning sign for Saudi Tadawul Group Holding that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.