AlJazira forecasts SAR 916 million profit as Mobily stock sits 14.18 percent below its high

Published on 10/13/2026 at 09:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AlJazira forecasts SAR 916.00 million profit for Q3 2026, down 0.10 percent year over year. Mobily stock follows SAR 5.08 billion Q2 revenue.

AlJazira Capital forecasts Mobily net income of SAR 916.00 million for the third quarter of 2026, down 0.10 percent year over year.
Mobily reported SAR 5.08 billion in revenue and SAR 901.13 million in net income for the second quarter of 2026.
Etihad Etisalat trades at SAR 61.45 on October 13, 2026, 14.18 percent below its SAR 71.60 52-week high.

Mobily, SA000A0DM9P2, Illustration mit AI erstellt.

AlJazira Capital forecasts Mobily net income of SAR 916.00 million for the third quarter of 2026, a decline of 0.10 percent year over year, in its October 2026 research report. The forecast also assigns SAR 5.08 billion of quarterly revenue and SAR 1.19 of earnings per share to the period, keeping the telecom operator's profit picture broadly stable while higher depreciation and finance costs limit growth.

Three results milestones

Mobily reported revenue of SAR 5.08 billion and net income of SAR 901.13 million for the quarter ended June 30, 2026, according to TickerLandia. The same period produced earnings per share of SAR 1.17, while the reported net margin was 17.70 percent.

On October 6, 2026, Argaam cited a separate forecast of SAR 933.00 million for Mobily's third-quarter net income, representing growth of 1.80 percent year over year. AlJazira's lower SAR 916.00 million estimate shows how sensitive the quarter is to cost assumptions and one-off comparisons.

What drives the forecast?

AlJazira Capital expects Mobily revenue to grow 4.80 percent year over year in the third quarter, with gross margin widening from 55.50 percent to 56.30 percent. The report says higher depreciation and the absence of a SAR 50.00 million provision reversal recorded in the third quarter of 2025 are expected to offset that operating improvement.

Dates investors can track

Mobily's next quarterly results are listed for October 18, 2026, by TickerLandia. The date matters because the market will be able to compare the SAR 916.00 million and SAR 933.00 million forecasts with the reported result and test whether margin expansion can absorb the cost pressure.

Mobily stock stays below its high

Etihad Etisalat stock was trading at SAR 61.45 on Tadawul on October 13, 2026 at 10:03 a.m. AST. That level is 14.18 percent below the SAR 71.60 52-week high and SAR 3.45 above the SAR 58.00 low, giving the earnings release a clear valuation and performance backdrop.