Arabian Drilling Company (TADAWUL:2381)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
93.30
+0.30 (0.32%)
Sep 17, 2026, 3:18 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 100.31. The average 1-year stock price forecast is 7.51% higher than the current stock price, while the lowest is SAR 84.00 (-9.97%) and the highest is SAR 121.00 (+29.69%).

Price Target: SAR 100.31 (+7.51%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceSAR 84.00SAR 100.31SAR 97.50SAR 121.00
Change-9.97%+7.51%+4.50%+29.69%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy444444
Buy333222
Hold333455
Sell111111
Strong Sell111100
Total121212121212

Financial Forecast

Revenue This Year
3.43B
from 3.43B
Decreased by -0.22%
Revenue Next Year
3.98B
from 3.43B
Increased by 16.09%
EPS This Year
1.11
from -0.85
EPS Next Year
4.99
from 1.11
Increased by 350.11%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.20B2.70B3.48B3.62B3.43B3.43B
Revenue Growth
-13.17%22.95%28.59%4.09%-5.13%-0.22%
Gross Profit
475.62M801.44M975.90M759.90M374.07M575.51M
Gross Margin
21.63%29.64%28.07%21.00%10.90%16.80%
Operating Income
363.39M619.09M801.23M565.53M168.30M374.38M
Net Income
273.58M557.72M604.61M321.36M-75.25M161.52M
EPS
-----0.851.11
Forward PE
-15.3219.7517.6628.5984.20
Dividend / Share
16.58-5.062.70-1.19
Free Cash Flow
----127.76M332.75M
No. Analysts
-----7
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
7.7%
Avg
-0.2%
Low
-3.7%

EPS Forecast

EPS202620272028
High1.54
Avg1.11
Low0.93

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-