Saudi Steel Pipes Company (TADAWUL:1320)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
48.56
+1.04 (2.19%)
Nov 10, 2026, 3:18 PM AST

Saudi Steel Pipes Company Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Saudi Steel Pipes Company stock has a consensus rating of "Hold" and an average price target of SAR 56.90. The average 1-year stock price forecast is 17.17% higher than the current stock price, while the lowest is SAR 44.50 (-8.36%) and the highest is SAR 70.50 (+45.18%).

Price Target: SAR 56.90 (+17.17%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
PriceSAR 44.50SAR 56.90SAR 55.70SAR 70.50
Change-8.36%+17.17%+14.70%+45.18%

Analyst Ratings

The average analyst rating for Saudi Steel Pipes Company stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Oct '26Nov '26
Strong Buy000000
Buy011111
Hold122222
Sell100000
Strong Sell000000
Total233333

Financial Forecast

Revenue This Year
1.44B
from 1.41B
Increased by 2.25%
Revenue Next Year
1.56B
from 1.44B
Increased by 7.72%
EPS This Year
3.06
from 3.76
Decreased by -18.55%
EPS Next Year
3.41
from 3.06
Increased by 11.44%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
373.48M747.62M1.33B1.63B1.41B1.44B
Revenue Growth
-21.36%100.18%78.53%22.14%-13.37%2.25%
Gross Profit
27.33M107.16M283.35M399.59M346.22M342.23M
Gross Margin
7.32%14.33%21.23%24.51%24.52%23.70%
Operating Income
-5.45M69.49M225.17M309.09M257.03M291.00M
Net Income
931.65K54.21M173.05M180.63M191.53M154.00M
EPS
----3.763.06
EPS Growth
----6.13%-18.55%
Forward PE
15.4438.5015.5813.6910.4315.87
Dividend / Share
--0.741.000.750.75
Dividend Growth
---35.14%-25.00%-
Free Cash Flow
----325.56M200.00M
No. Analysts
-----1
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is SAR.

Revenue Forecast

Revenue202620272028
High1.4B
Avg1.4B
Low1.4B

Revenue Growth

Revenue Growth202620272028
High
2.2%
Avg
2.2%
Low
2.2%

EPS Forecast

EPS202620272028
High3.06
Avg3.06
Low3.06

EPS Growth

EPS Growth202620272028
High
-18.6%
Avg
-18.6%
Low
-18.6%