Elm stock reports Q2 revenue below forecast in 2026

Published on 10/07/2026 at 10:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elm stock posted SAR 6.60 in Q2 EPS against a SAR 6.99 forecast on July 30, 2026. Eleven analysts set a SAR 763.32 average target, while the October 7 quote was SAR 587.50.

Elm, SA15GG53GHH3, Illustration mit AI erstellt.

Elm stock (ISIN SA15GG53GHH3) reported Q2 2026 revenue of SAR 2.53 billion, below the SAR 2.66 billion forecast. According to Investing.com on July 30, 2026, quarterly EPS was SAR 6.60 against a SAR 6.99 forecast.

Revenue misses forecast

The latest reported quarter produced SAR 2,525.28 million in sales, net income of SAR 512.80 million and EPS of SAR 6.60. Investing.com identifies the figures as the latest quarterly results and lists revenue of SAR 2.53 billion against the SAR 2.66 billion forecast.

The sequential picture is mixed: revenue increased from SAR 2,471.80 million to SAR 2,525.28 million, while net income declined from SAR 656.50 million to SAR 512.80 million. That combination puts the revenue line ahead of the prior quarter but leaves profitability as the more immediate pressure point for investors, based on Investing.com.

Consensus target stays higher

The analyst consensus is Buy, based on 11 analysts. The average 12-month target is SAR 763.32, with a low of SAR 610 and a high of SAR 1,154, according to Investing.com.

The target range shows a wide spread of SAR 544 between the lowest and highest published estimates. Argaam reported on September 14, 2026 that it was reviewing the views of six research firms on Elm's Q2 2026 financial results, adding a separate research lens to the broader consensus.

Quote remains above yearly low

Elm was last at SAR 587.50 on Tadawul on October 7, 2026 at 10:48 a.m. AST, down 0.76 percent from the prior close of SAR 592. The session range was SAR 586 to SAR 592, and volume stood at 8,270 shares at that timestamp.

The current quote sits above the 52-week low of SAR 504.50 and below the 52-week high of SAR 956. For investors, the earnings comparison and the gap between the SAR 610 low consensus target and the live quote provide the clearest checkpoints before the next scheduled report.

Elm stock trades at SAR 587.50

Elm stock was last at SAR 587.50 on Tadawul on October 7, 2026 at 10:48 a.m. AST, with a daily change of -0.76 percent. The market capitalization was SAR 45.7 billion on the same date.