Saudi Telecom expands digital services. October 28 results test Saudi Telecom stock

Published on 10/19/2026 at 09:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached SAR 20.17 billion versus SAR 19.95 billion expected. Saudi Telecom stock has October 28 results and a SAR 48.14 consensus target.

Expansion and quarterly metrics

Saudi Telecom reported 53.00 percent local content on September 29, 2026.
Second-quarter revenue reached SAR 20.17 billion versus SAR 19.95 billion expected.
Third-quarter results are scheduled for October 28, 2026.
Market capitalization stood at SAR 210.2 billion on October 19, 2026.

Saudi Telecom, SA0007879543, Illustration mit AI erstellt.

Saudi Telecom (ISIN SA0007879543) is expanding its digital-services activities after announcing a broader push into logistics, tourism, sports and real estate on October 5, 2026. The company is also heading toward third-quarter results scheduled for October 28, 2026, according to Finanzen.net. For investors, the key question is whether expansion can add to the group's established telecom earnings.

Digital expansion adds breadth

Argaam reported that Saudi Telecom's October 5 announcement covered digital solutions and investments across logistics, tourism, sports and real estate. The move broadens the growth story beyond connectivity, but the financial contribution of those activities will matter more than the number of sectors named.

The latest reported quarter provides a measurable base. Saudi Telecom generated SAR 20.17 billion in revenue and SAR 3.62 billion in net income in the second quarter of 2026, while revenue expectations were SAR 19.95 billion, according to Investing.com. The revenue comparison gives the October results a clear test: continued growth must arrive alongside earnings quality.

What does October 28 mean?

The third-quarter consensus points to SAR 20.28 billion in revenue and adjusted earnings per share of SAR 0.70, compared with SAR 19.26 billion and SAR 0.82 a year earlier, respectively, according to Finanzen.net. That combination would mean higher sales but lower forecast earnings per share, making margins and costs important parts of the release.

Three dates frame the stock

The recent chronology starts on September 29, 2026, when Saudi Telecom reported local content of 53.00 percent. On October 5, 2026, it announced the wider digital-services and investment strategy. On October 19, 2026, the latest Tadawul quote stood at SAR 42.12 at 10:29 a.m. AST. The first two events came from Argaam.

The next substantiated date is October 28, 2026, for third-quarter results, as reported by Finanzen.net.

Valuation stays within range

Saudi Telecom's market capitalization was SAR 210.2 billion on October 19, 2026, while its 52-week range was SAR 40.20 to SAR 45.38. The current quotation sits between those boundaries, leaving the October results as the next concrete test of the digital expansion narrative. Saudi Telecom stock was last at SAR 42.12 on Tadawul on October 19, 2026 at 10:29 a.m. AST.