Arqaam Capital cuts target for Bupa Arabia stock

Published on 10/21/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bupa Arabia earned SAR 694.10 million in first-half 2026, up 4.00 percent. Bupa Arabia stock has a SAR 177.25 analyst target.

Analyst target and earnings context

Arqaam Capital reduced its Bupa Arabia target on October 19, 2026, while keeping a Buy rating.
Bupa Arabia reported SAR 694.10 million in first-half 2026 profit, an increase of 4.00 percent.
Bupa Arabia stock had a SAR 132.40 Tadawul quote on October 21, 2026 at 10:57 a.m. CEST.
The average analyst target stood at SAR 177.25 in October 2026.

Bupa Arabia, SA1210540914, Illustration mit AI erstellt.

Bupa Arabia for Cooperative Insurance Company (ISIN SA1210540914) is facing a lower analyst target after Arqaam Capital reduced its price target while keeping a Buy rating on October 19, 2026, as reported by MarketScreener. The report puts valuation ahead of the companys latest earnings as the main issue for investors.

Earnings provide a stronger base

Bupa Arabia reported SAR 694.10 million in profit for the first half of 2026, up 4.00 percent year over year, according to Argaam. Second-quarter profit reached SAR 306.80 million, an increase of 7.00 percent, while first-quarter profit was SAR 387.30 million, up 2.00 percent.

The latest quarterly revenue figure was SAR 5.52 billion for the second quarter of 2026, while net profit was SAR 306.80 million. That combination gives investors a concrete reference point for judging the third-quarter estimates now tracked by the market.

What does SAR 694.10 million mean?

The first-half result shows that Bupa Arabia remained profitable while analysts adjusted valuation expectations. Arqaam Capitals Buy rating therefore sits alongside a more cautious target level, rather than replacing the companys earnings record with a purely technical signal.

Three dated valuation markers

On March 31, 2026, Bupa Arabia reported first-quarter profit of SAR 387.30 million, up 2.00 percent. On June 30, 2026, second-quarter profit reached SAR 306.80 million, up 7.00 percent. On October 19, 2026, Arqaam Capital reduced its target while maintaining a Buy rating, and the average analyst target was SAR 177.25, according to MarketScreener.

Stock trades near its yearly floor

Bupa Arabia was trading at SAR 132.40 on Tadawul on October 21, 2026 at 10:57 a.m. CEST. The quote stood above the 52-week low of SAR 131.40 and below the 52-week high of SAR 200.00. Market capitalization was SAR 19.9 billion on October 21, 2026.