Air Arabia PJSC (DFM:AIRARABIA)

Hatton National Bank Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Hatton National Bank stock has a consensus rating of "Hold" and an average price target of AED 4.66. The average 1-year stock price forecast is 0.85% lower than the current stock price, while the lowest is AED 3.75 (-20.21%) and the highest is AED 5.20 (+10.64%).

Price Target: AED 4.66 (-0.85%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	AED 3.75	AED 4.66	AED 4.90	AED 5.20
Change	-20.21%	-0.85%	+4.26%	+10.64%

Analyst Ratings

The average analyst rating for Hatton National Bank stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	1	2	1	2	1
Buy	2	0	0	1	0	0
Hold	4	4	4	5	6	6
Sell	0	2	2	1	1	1
Strong Sell	0	0	0	0	0	0
Total	8	7	8	8	9	8

Financial Forecast

Revenue This Year

8.47B

Increased by 8.72%

from 7.79B

Revenue Next Year

9.52B

Increased by 12.47%

from 8.47B

EPS This Year

0.33

Decreased by -4.81%

from 0.35

EPS Next Year

0.37

Increased by 11.26%

from 0.33

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.17B	5.24B	6.00B	6.77B	7.79B	8.47B
Revenue Growth	71.49%	65.14%	14.46%	12.77%	15.10%	8.72%
Gross Profit	882.87M	1.43B	1.66B	1.56B	1.70B	1.63B
Gross Margin	27.81%	27.31%	27.61%	23.10%	21.82%	19.30%
Operating Income	642.96M	1.08B	1.24B	1.18B	1.27B	1.33B
Net Income	719.93M	1.22B	1.55B	1.47B	1.63B	1.57B
EPS	-	-	-	-	0.35	0.33
EPS Growth	-	-	-	-	12.90%	-4.81%
Forward PE	18.13	11.32	8.24	9.68	12.43	14.11
Dividend / Share	0.09	0.15	0.20	0.25	0.30	0.28
Dividend Growth	-	76.47%	33.33%	25.00%	20.00%	-7.50%
Free Cash Flow	1.16B	1.35B	1.38B	994.36M	293.10M	-1.28B
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AED.

Revenue Forecast

Revenue	2026	2027	2028
High	9.1B
Avg	8.5B
Low	7.9B

Revenue Growth

Revenue Growth	2026	2027	2028
High	17.1%
Avg	8.7%
Low	1.3%

EPS Forecast

EPS	2026	2027	2028
High	0.36
Avg	0.33
Low	0.32

EPS Growth

EPS Growth	2026	2027	2028
High	2.5%
Avg	-4.8%
Low	-8.6%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.