AlJazira forecasts SAR 5.08 billion for Mobily stock at SAR 60.25 on October 15, 2026

Published on 10/16/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 2026 profit is forecast at SAR 916.0 million. Mobily stock costs SAR 60.25 on October 15, 2026, up 0.33 percent versus the prior close.

Forecasts and market valuation

AlJazira Capital projected SAR 5.08 billion in Mobily revenue for the third quarter of 2026.
The same report forecast SAR 916.0 million in Mobily net income for the third quarter of 2026.
Mobily stock was last at SAR 60.25 on October 15, 2026, up 0.33 percent versus the prior close of SAR 60.05.
Mobily traded at a price-to-earnings ratio of 12.71 and a market capitalization of SAR 46.2 billion.

Mobily, SA000A0DM9P2, Illustration mit AI erstellt.

AlJazira Capital forecast SAR 5.08 billion in Mobily revenue for the third quarter of 2026 and SAR 916.0 million in net income in its October 2026 research report. The company was last at SAR 60.25 on October 15, 2026, up 0.33 percent versus the prior close of SAR 60.05.

Q3 forecasts point to profit

According to AlJazira Capital, the revenue forecast implies 4.8 percent growth from the year-earlier period. Net income was forecast to fall 0.1 percent from the third quarter of 2025, while normalized earnings were expected to grow 5.7 percent after adjusting for a SAR 50 million reversal of provisions in the comparable period.

The report also forecast a gross margin of 56.3 percent for the third quarter of 2026, compared with 55.5 percent in the third quarter of 2025. That comparison makes the earnings outlook more nuanced: higher revenue and margin expansion were expected to offset some pressure from depreciation and amortization.

Price sits inside yearly range

Mobily's last quoted price of SAR 60.25 was 3.39 percent above its 52-week low of SAR 58.00 and 15.85 percent below its 52-week high of SAR 71.60, both as of October 15, 2026. Trading volume was 740,295 shares against an average of 1,018,376 shares, while the bid and ask were SAR 60.20 and SAR 60.30.

Valuation and reporting dates

Mobily had a market capitalization of SAR 46.2 billion and a price-to-earnings ratio of 12.71 as of October 15, 2026. Its dividend yield was 0.05 percent. The forecast report used prices as of October 6, 2026, while the latest quoted price was dated October 15.

Comparison with peers

As of October 15, 2026:

Mobily: plus 0.33 percent, P/E 12.71, market capitalization SAR 46.2 billion
Saudi Telecom Co. (Tadawul, SAR): plus 0.48 percent, P/E 14.33, market capitalization SAR 210.2 billion
Mobile Telecommunications Company Saudi Arabia (Tadawul, SAR): minus 0.54 percent, P/E 10.40, market capitalization SAR 8.2 billion

Saudi telecom valuation

Mobily's valuation sits between the two listed telecom comparisons on the reported price-to-earnings measure. The operating forecast is therefore the more immediate reference point for the stock: revenue growth and a wider gross margin were expected to support earnings, but the projected headline profit remained marginally below the year-earlier figure.

Mobily is listed on Tadawul under ticker 7020.SR and ISIN SA000A0DM9P2, according to Global Banking and Finance.