Arabian Drilling Company (TADAWUL:2381)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
98.15
-1.60 (-1.60%)
Oct 8, 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 102.36. The average 1-year stock price forecast is 4.29% higher than the current stock price, while the lowest is SAR 91.00 (-7.28%) and the highest is SAR 121.00 (+23.28%).

Price Target: SAR 102.36 (+4.29%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceSAR 91.00SAR 102.36SAR 98.50SAR 121.00
Change-7.28%+4.29%+0.36%+23.28%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy444444
Buy332222
Hold334555
Sell111111
Strong Sell111000
Total121212121212

Financial Forecast

Revenue This Year
3.40B
from 3.43B
Decreased by -0.84%
Revenue Next Year
4.06B
from 3.40B
Increased by 19.13%
EPS This Year
0.83
from -0.85
EPS Next Year
5.26
from 0.83
Increased by 533.53%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.20B2.70B3.48B3.62B3.43B3.40B
Revenue Growth
-13.17%22.95%28.59%4.09%-5.13%-0.84%
Gross Profit
475.62M801.44M975.90M759.90M374.07M571.97M
Gross Margin
21.63%29.64%28.07%21.00%10.90%16.80%
Operating Income
363.39M619.09M801.23M565.53M168.30M340.08M
Net Income
273.58M557.72M604.61M321.36M-75.25M167.73M
EPS
-----0.850.83
Forward PE
-15.3219.7517.6628.59118.13
Dividend / Share
16.58-5.062.70-1.21
Free Cash Flow
----379.35M326.00M
No. Analysts
-----8
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
-0.8%
Low
-5.3%

EPS Forecast

EPS202620272028
High0.95
Avg0.83
Low0.62

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-