Saudi Telecom expands digital services: Saudi Telecom stock has SAR 48.14 consensus target
Published on 10/20/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSResults and valuation ahead
- Saudi Telecom expanded its digital-services strategy on October 5, 2026.
- Analysts forecast SAR 20.28 billion in third-quarter revenue on October 13, 2026.
- Saudi Telecom stock was last quoted at SAR 41.66 on October 20, 2026.
Saudi Telecom (ISIN SA0007879543) expanded its digital-services strategy on October 5, 2026, while a SAR 48.14 analyst consensus target remains ahead of the company's scheduled third-quarter results. Argaam reported the expansion across logistics, tourism, sports and real estate.
Revenue sets the next test
Saudi Telecom's second-quarter revenue reached SAR 20.17 billion, compared with SAR 19.95 billion expected, while net income stood at SAR 3.62 billion. These figures give the October results a clear benchmark for investors tracking growth beyond core connectivity, according to Investing.com.
What does the target imply?
The SAR 48.14 average target compares with a Tadawul quote of SAR 41.66 on October 20, 2026 at 11:00 a.m. AST. The reference is based on 18 analyst ratings, including 9 Buy and 9 Hold views, according to Investing.com.
Three dates frame the story
On July 29, 2026, Saudi Telecom announced interim results for the six months ended June 30, with first-half profit of SAR 7.30 billion. On October 5, 2026, the company outlined digital-services expansion across four new growth areas. On October 13, 2026, finanzen.net reported forecasts for third-quarter revenue of SAR 20.28 billion and earnings per share of SAR 0.703.
Dates investors can measure
The next scheduled reporting date is October 28, 2026, for the quarter ended September 30, 2026. The forecast calls for revenue growth of 5.26 percent from SAR 19.26 billion a year earlier, while forecast earnings per share are below the prior-year SAR 0.820 figure, according to finanzen.net.
Digital expansion meets earnings scrutiny
Saudi Telecom's operating story now rests on whether newer digital activities can support the established communications business. The six-month profit figure, the second-quarter revenue beat and the third-quarter forecast provide three concrete markers for the October release. Tadawul reference data identify Saudi Telecom as ticker 7010 in the Communication Services sector, with an October 20 market capitalization of SAR 207.9 billion. Global Banking and Finance identifies the listing and confirms the ISIN.
Saudi Telecom facts
- Company: Saudi Telecom Company SJSC
- ISIN: SA0007879543
- Ticker: 7010
- Primary exchange: Tadawul
- Primary quote: SAR 41.66 on October 20, 2026 at 11:00 a.m. AST
- Market capitalization: SAR 207.9 billion as of October 20, 2026
- Sector: Communication Services
Market context: Latest market reports.
