Value Capital forecasts SAR 575.0 million for Elm stock
Published on 10/08/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Elm stock has a new earnings benchmark after Value Capital projected SAR 575.0 million in third-quarter 2026 earnings, up 3.00 percent year over year, in a forecast issued on October 7, 2026 and reported by Argaam. The estimate gives the Saudi technology and information-services company a concrete figure against which its next report can be measured.
Third-quarter forecast sets the marker
The forecast covers the third quarter of 2026 and places Elm among the applications and IT-services companies covered by Value Capital. The projected SAR 575.0 million figure is paired with 3.00 percent year-over-year growth, making the growth assumption more informative than a standalone earnings estimate.
Chronology shows the earnings path
On July 30, 2026, Elm reported SAR 6.57 earnings per share for its latest quarter versus a SAR 6.99 forecast, according to Investing.com. On September 8, 2026, a wholly owned Elm subsidiary signed a five-year revenue-sharing contract with Saudi Arabia's Ministry of Commerce, with expected revenue equal to 19.00 percent of Elm's 2025 revenue, Arab News reported. On October 7, 2026, Argaam reported Value Capital's SAR 575.0 million third-quarter projection and its 3.00 percent year-over-year growth assumption.
What does the forecast mean?
The 3.00 percent growth estimate sets a measurable hurdle for the October report, while the earlier SAR 6.57 earnings-per-share figure shows the level of quarterly profitability already reported. The comparison also highlights why the next release matters: the market will be able to weigh the actual result against both the SAR 575.0 million forecast and the previous quarterly earnings-per-share outcome.
Next reporting date is October 29
MarketScreener lists October 29, 2026, as Elm's third-quarter earnings release date. That date gives the SAR 575.0 million projection its next formal checkpoint.
Saudi quote remains below SAR 600
On the Saudi Exchange, Elm was last at SAR 568.00 on October 8, 2026 at 2:38 p.m. AST, while its 52-week range stood at SAR 504.50 to SAR 956.00. Its market capitalization was SAR 44.2 billion as of October 8, 2026.
Elm Company facts
- Company: Elm Company
- ISIN: SA15GG53GHH3
- Ticker: 7203
- Primary exchange: Saudi Exchange
- Market capitalization: SAR 44.2 billion as of October 8, 2026
- Sector / Industry: Technology / Information Technology Services
- Next earnings date: October 29, 2026
Market context: Latest market reports.
