SABIC reports 62 percent third-quarter profit drop for Saudi Arabian Fertilizer stock

Published on 10/21/2026 at 09:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month profit fell 37 percent to SAR 2.08 billion through September 2026. Twelve analysts set a SAR 137.68 target for Saudi Arabian Fertilizer stock.

Earnings and valuation markers

Third-quarter net profit fell to SAR 484 million on October 20, 2026.
Nine-month revenue reached SAR 8,505 million, down 13.9 percent in 2026.
Saudi Arabian Fertilizer stock was trading at SAR 111.20 on October 21, 2026 at 10:35 a.m. AST.

Saudi Arabian Fertilizer, SA0007879139, Illustration mit AI erstellt.

Saudi Arabian Fertilizer (ISIN SA0007879139) reported a 62 percent year-over-year decline in third-quarter net profit to SAR 484 million on October 20, 2026, according to Argaam. The issuer operates as SABIC Agri-Nutrients, formerly Saudi Arabian Fertilizer Company, according to Gulf Construction.

Results show a sharp earnings squeeze

Third-quarter revenue fell 8.6 percent year over year to SAR 3,220 million, while operating profit dropped 66.7 percent to SAR 408 million. Maaal attributed the decline in part to lower contributions from an associate and a joint venture, alongside higher selling, distribution and shipping expenses.

For the nine months ended September 30, 2026, revenue was SAR 8,505 million, down 13.9 percent from SAR 9,883 million. Net profit fell 37.3 percent to SAR 2,089 million from SAR 3,334 million, while earnings per share declined to SAR 4.39 from SAR 7.00, according to Argaam.

Three dated steps shape the story

On October 1, 2026, Samsung E&A disclosed a USD 3.46 billion project for SABIC Agri-Nutrients, including 1.20 million tonnes of annual ammonia capacity, according to Gulf Construction. On October 16, 2026, MarketScreener listed 12 analysts with an average target of SAR 137.68.

On October 20, 2026, the company reported third-quarter net profit of SAR 484 million, the latest event in the sequence.

What does the target imply?

Against the October 21, 2026 Tadawul quote of SAR 111.20, the SAR 137.68 average target lies 23.81 percent above the price. That valuation cushion sits beside a 62.5 percent year-over-year fall in third-quarter net income, leaving earnings recovery as the central test for the expansion plan.

When is the next reporting date?

TickerLandia lists October 28, 2026 as the next quarterly-results date. The calendar gives investors a near-term checkpoint for the profit trend.

Market value and operating scale

SABIC Agri-Nutrients had a market capitalization of SAR 52.9 billion as of October 21, 2026. Its 52-week range was SAR 108.30 to SAR 159.30, placing the latest quote SAR 48.10 below the high.

The stock was trading at SAR 111.20 on Tadawul on October 21, 2026 at 10:35 a.m. AST. The company combines agricultural nutrients with petrochemical products, including urea, ammonia and phosphate fertilizers.