Petro Rabigh CEO joined GPCA Board: target for Petro Rabigh stock rose 25.00 percent

Published on 10/08/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The average target stood at SAR 20.40 versus SAR 16.32 on September 22, 2026. Analysts listed 8 recommendations for Petro Rabigh stock.

Petro Rabigh, SA120GAH5617, Illustration mit AI erstellt.

Petro Rabigh (SA120GAH5617) saw its average one-year analyst target rise 25.00 percent to SAR 20.40 from SAR 16.32 on September 22, 2026, according to Fintel. On September 25, 2026, Hassan H. Al-Yami, Petro Rabigh's president and CEO, joined the Board of the Gulf Petrochemicals and Chemicals Association, as GPCA announced.

Leadership adds industry reach

Al-Yami became Petro Rabigh's CEO on September 1, 2026, according to the Saudi Exchange. The GPCA appointment gives the executive a regional industry role while Petro Rabigh operates an integrated refining and petrochemical complex in Saudi Arabia.

The leadership development follows a sharp improvement in reported operating figures. In the second quarter of 2026, revenue reached SAR 20.37 billion, compared with SAR 14.85 billion in the first quarter, while net income attributable to shareholders rose to SAR 2.66 billion from SAR 1.47 billion, according to the Saudi Exchange. Earnings per share increased to SAR 1.59 from SAR 0.88 over the same quarter-to-quarter comparison.

Target reset meets a higher price

Fintel said the SAR 20.40 average target was compiled from institutional analyst estimates and represented a 25.00 percent increase from the SAR 16.32 estimate dated August 25, 2026. The latest target range ran from SAR 20.20 to SAR 21.00, while eight recommendations comprised 2 strong buy, 5 buy and 1 hold ratings on September 1, 2026.

The target revision is a more measurable market signal than the GPCA appointment because it changes the valuation reference directly. It also leaves the shares exposed to execution risk: the Saudi Exchange profile shows Petro Rabigh's 2025 revenue at SAR 35.01 billion and net loss attributable to shareholders at SAR 3.90 billion.

Stock remains below yearly high

On October 8, 2026, Petro Rabigh was last quoted at SAR 16.80 on Tadawul at 1:58 p.m. AST. Its 52-week range was SAR 6.36 to SAR 18.77, placing the quote SAR 1.97 below the high and SAR 10.44 above the low. The market capitalization was SAR 28.1 billion on the same date.