ADES stock: Average target of SAR 21.79 stands 34.92 percent above ADES stock
Published on 10/19/2026 at 15:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- An average analyst target of SAR 21.79 stood 34.92 percent above the price on October 19, 2026.
- First-half 2026 revenue reached SAR 4.54 billion.
- ADES stock stood at SAR 16.15 at Tadawul on October 19, 2026 at 3:15 p.m. AST, down 1.52 percent versus the Tadawul prior close.
- TradingView listed November 9, 2026 as the next earnings date.
An average analyst target of SAR 21.79 stood 34.92 percent above the ADES share price on October 19, 2026, according to Yahoo Finance. The target is based on the SAR 16.15 Tadawul price, which last stood 1.52 percent below the prior close at 3:15 p.m. AST.
SAR 4.54 billion half-year revenue
ADES Holding Company reported SAR 4.54 billion in revenue from contracts with customers for the half ended June 30, 2026. Its margin for earnings before interest, taxes, depreciation and amortization was 47.60 percent in the same period, according to ADES Holding Company.
SAR 15.07 to SAR 19.94 range
The Tadawul quote placed the stock 7.17 percent above its 52-week low of SAR 15.07 and 19.01 percent below its 52-week high of SAR 19.94 on October 19, 2026. Trading volume was 574,713 shares, equal to 43.08 percent of the average volume of 1,333,954 shares.
SAR 17.8 billion valuation
ADES had a market capitalization of SAR 17.8 billion and a trailing price-to-earnings ratio of 22.43 on October 19, 2026. The average target of SAR 21.79 would place the price 34.92 percent higher if reached, making the target gap the clearest valuation reference in the current market picture.
The next report on November 9
TradingView listed November 9, 2026 as the next earnings date. Its displayed estimate for the latest quarter was SAR 2.15 billion in revenue, while the reported first-half revenue figure remains the more recent company-wide period figure.
Comparison with peers
ADES: minus 1.52 percent, P/E 22.43, market capitalization SAR 17.8 billion
Valaris (NYSE, USD): plus 2.56 percent, P/E 6.51, market capitalization USD 6.1 billion
SLB (NYSE, USD): minus 1.17 percent, P/E 23.89, market capitalization USD 72.6 billion
Range leaves room below the high
The stock remained 19.01 percent below its 52-week high while standing 7.17 percent above the low. That range, the SAR 17.8 billion market value and the 34.92 percent gap to the average target frame the next earnings update.
ADES Holding Company market profile
- Company: ADES Holding Company
- ISIN: SA55SG6H5716
- Ticker: 2382
- Primary exchange: Tadawul
- Price Tadawul (as of October 19, 2026, 3:15 p.m. AST): SAR 16.15
- Change versus Tadawul prior close: minus 1.52 percent
- Market capitalization: SAR 17.8 billion (as of October 19, 2026)
- 52-week range: SAR 15.07-SAR 19.94 (as of October 19, 2026)
- Sector / Industry: Energy / Oil and Gas Drilling
- Next earnings date: November 9, 2026
Market context: Current market reports.
