Arabian Drilling Company (TADAWUL:2381)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
87.60
+0.50 (0.57%)
Jun 4, 2026, 3:13 PM AST

Arabian Drilling Company Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Arabian Drilling Company stock has a consensus rating of "Buy" and an average price target of SAR 97.06. The average 1-year stock price forecast is 10.80% higher than the current stock price, while the lowest is SAR 62.00 (-29.22%) and the highest is SAR 121.00 (+38.13%).

Price Target: SAR 97.06 (+10.80%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
PriceSAR 62.00SAR 97.06SAR 100.00SAR 121.00
Change-29.22%+10.80%+14.16%+38.13%

Analyst Ratings

The average analyst rating for Arabian Drilling Company stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy444344
Buy333333
Hold443333
Sell111111
Strong Sell000111
Total121211111212

Financial Forecast

Revenue This Year
3.45B
from 3.43B
Increased by 0.38%
Revenue Next Year
3.97B
from 3.45B
Increased by 15.12%
EPS This Year
1.05
from -0.85
EPS Next Year
5.02
from 1.05
Increased by 379.43%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.20B2.70B3.48B3.62B3.43B3.45B
Revenue Growth
-13.17%22.95%28.59%4.09%-5.13%0.38%
Gross Profit
475.62M801.44M975.90M759.90M374.07M578.96M
Gross Margin
21.63%29.64%28.07%21.00%10.90%16.80%
Operating Income
363.39M619.09M801.23M565.53M168.30M377.71M
Net Income
273.58M557.72M604.61M321.36M-75.25M154.04M
EPS
-----0.851.05
Forward PE
-15.3219.7517.6628.5983.69
Dividend / Share
16.58-5.062.70-1.50
Free Cash Flow
362.79M-828.82M-934.98M-475.69M127.76M396.00M
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is SAR.

Revenue Forecast

Revenue202620272028
High3.7B
Avg3.4B
Low3.3B

Revenue Growth

Revenue Growth202620272028
High
7.6%
Avg
0.4%
Low
-3.0%

EPS Forecast

EPS202620272028
High1.33
Avg1.05
Low0.86

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-