Emaar Properties PJSC (DFM:EMAAR)

Emaar Properties PJSC Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Emaar Properties PJSC stock has a consensus rating of "Strong Buy" and an average price target of AED 17.44. The average 1-year stock price forecast is 53.79% higher than the current stock price, while the lowest is AED 13.50 (+19.05%) and the highest is AED 20.50 (+80.78%).

Price Target: AED 17.44 (+53.79%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	AED 13.50	AED 17.44	AED 18.00	AED 20.50
Change	+19.05%	+53.79%	+58.73%	+80.78%

Analyst Ratings

The average analyst rating for Emaar Properties PJSC stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	9	9	9	9	9	10
Buy	3	3	3	3	3	2
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	12	13

Financial Forecast

Revenue This Year

51.89B

Increased by 4.71%

from 49.56B

Revenue Next Year

60.21B

Increased by 16.03%

from 51.89B

EPS This Year

1.90

Decreased by -4.56%

from 1.99

EPS Next Year

2.22

Increased by 16.64%

from 1.90

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	27.90B	24.93B	26.75B	35.50B	49.56B	51.89B
Revenue Growth	55.33%	-10.65%	7.32%	32.73%	39.58%	4.71%
Gross Profit	11.59B	12.59B	16.87B	20.38B	27.23B	25.32B
Gross Margin	41.55%	50.50%	63.05%	57.40%	54.94%	48.80%
Operating Income	6.55B	8.06B	13.01B	16.14B	22.55B	22.49B
Net Income	3.80B	6.83B	11.63B	13.51B	17.60B	17.45B
EPS	-	-	-	-	1.99	1.90
EPS Growth	-	-	-	-	30.07%	-4.56%
Forward PE	8.43	7.61	8.01	7.65	7.77	5.97
Dividend / Share	0.15	0.25	0.50	1.00	1.00	1.00
Dividend Growth	-	66.67%	100.00%	100.00%	-	-
Free Cash Flow	6.02B	-2.45B	1.71B	-9.12B	4.23B	29.25B
No. Analysts	-	-	-	-	-	10

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

Revenue Forecast

Revenue	2026	2027	2028
High	67.1B
Avg	51.9B
Low	45.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	35.4%
Avg	4.7%
Low	-8.1%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	1.90
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-4.6%
Low	-

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.