SNB Capital forecasts a SAR 414 million loss for SABIC stock

Published on 10/12/2026 at 09:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SNB Capital forecasts a SAR 414 million third-quarter loss for SABIC. SABIC stock was last at SAR 46.50 on October 11, 2026, below SAR 62.50.

Key points in brief

SNB Capital forecasts a SAR 414 million net loss for SABIC in the third quarter of 2026.
SABIC's second-quarter loss was SAR 75.8 million, while first-half losses reached SAR 820 million.
SABIC stock was last at SAR 46.50 on October 11, 2026, with a SAR 45.10 to SAR 62.50 52-week range.
SABIC is scheduled to report third-quarter 2026 results on October 26, 2026.

SABIC, SA0007879121, Illustration mit AI erstellt.

SNB Capital forecast a SAR 414 million net loss for SABIC in the third quarter of 2026, according to Argaam on October 11, 2026. Saudi Basic Industries Corporation (SABIC) stock was last at SAR 46.50 on Tadawul on October 11, 2026, while its 52-week range was SAR 45.10 to SAR 62.50.

Three dated earnings signals

Gulf Commercial Intelligence reported that SABIC's first-half 2026 dividend was cut to SAR 1.10 per share from SAR 1.50 on July 29, 2026. The reduction followed a difficult earnings period for the chemicals producer.

On August 6, 2026, Simply Wall St reported second-quarter 2026 revenue of SAR 24.8 billion, down 18 percent from the second quarter of 2025, and a net loss of SAR 75.8 million. The first-half 2026 loss reached SAR 820 million, according to Argaam.

What does the forecast change?

The estimates point to a third-quarter loss rather than a return to profitability. AlJazira Capital projected a SAR 342 million third-quarter profit on October 7, 2026, while SNB Capital's October 11 forecast was a SAR 414 million loss, a SAR 756 million difference between the two estimates, according to Argaam. The contrast makes margins and volume recovery central to the October reporting date.

Results date and valuation

SABIC is scheduled to report third-quarter 2026 results on October 26, 2026, according to Simply Wall St. Its analyst fair value estimate was reduced from SAR 59.46 to SAR 58.16 on October 7, 2026, leaving the estimate SAR 11.66 above the October 11 market price, according to Simply Wall St.

Stock stays near its yearly low

The Tadawul quote of SAR 46.50 stood SAR 1.40 above the 52-week low and SAR 16.00 below the 52-week high on October 11, 2026. The company operates across chemicals, polymers and agri-nutrients, so the third-quarter result will show whether pricing and volumes are improving together.