AlJazira Capital forecasts SAR 916.0 million for Mobily stock

Published on 10/16/2026 at 10:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mobily earned SAR 901.00 million in the second quarter of 2026. Q3 revenue growth of 4.80 percent and a 56.30 percent gross margin frame Mobily stock.

Forecast and reporting date

AlJazira Capital projected SAR 916.0 million in Mobily net income for the third quarter of 2026.
Mobily generated SAR 5.08 billion in revenue during the second quarter of 2026.
Mobily stock last stood at SAR 60.25 on October 15, 2026 at 3:11 p.m. AST on Tadawul.
Quarterly results are scheduled for October 18, 2026.

Mobily, SA000A0DM9P2, Illustration mit AI erstellt.

Mobily (ISIN SA000A0DM9P2) is heading toward its third-quarter report with a SAR 916.0 million net-income forecast. In an October 2026 report, AlJazira Capital projected Mobily revenue growth of 4.80 percent year over year and a gross-margin increase from 55.50 percent to 56.30 percent.

Forecast points to normalized growth

The forecast puts reported net income almost unchanged from the year-earlier period, while normalized earnings are projected to grow 5.70 percent. The distinction matters because the comparison period included a SAR 50.0 million reversal of provisions, according to AlJazira Capital.

Mobily's latest reported quarter provides the operating base. Revenue reached SAR 5.08 billion in the second quarter of 2026, while net income was SAR 901.13 million and diluted earnings per share were SAR 1.17, figures also listed by TickerLandia.

What does the forecast mean for earnings?

The forecast suggests that revenue expansion and a wider gross margin may offset higher depreciation and amortization and finance costs. That leaves the quarter's quality of growth more important than the headline profit figure. The company operates mobile wireless and fiber networks in Saudi Arabia, alongside information-technology and digital services.

The next dated checkpoint

Quarterly results are listed for October 18, 2026, giving the forecast a near-term test. TickerLandia also lists 14 analysts with an average target of SAR 77.05, compared with its quoted SAR 64.15 reference price on October 7, 2026.

Saudi quote remains the market reference

The last available home-market quote stood at SAR 60.25 on October 15, 2026 at 3:11 p.m. AST on Tadawul. The finance profile identifies Etihad Etisalat Company as a Saudi telecommunications provider, while its market capitalization was SAR 46.2 billion and its 52-week range was SAR 58.00 to SAR 71.60 as of October 15, 2026.