Saudi Electricity stock rises 2.05 percent as H1 profit grows

Saudi Electricity stock was trading at SAR 15.94 on the Saudi Exchange on September 27, 2026 at 3:16 p.m. AST, up 2.05 percent from the prior close of SAR 15.62. The move followed a first-half profit of SAR 6.72 billion, which Borsat Al Khaleej reported on August 4, 2026 as an 8.00 percent increase from the prior-year period.

Half year profit reaches SAR 6.72 billion

The first-half result gives Saudi Electricity a fresh earnings anchor as the utility finances generation, transmission and distribution infrastructure. MarketScreener describes the company as serving government, industrial, agricultural, commercial and residential consumers across those three operating activities.

The earnings comparison is the key measurable improvement: net profit reached SAR 6.72 billion in the six months ended June 30, 2026, versus SAR 6.25 billion in the first half of 2025. That places the reported increase at 8.00 percent and gives the share move a company-specific reference point.

Analysts see SAR 16.40 target

Investing.com lists a neutral consensus from six analysts and an average 12-month target of SAR 16.40, with individual estimates spanning SAR 13.80 to SAR 17.50. The average target is SAR 0.46 above the September 27 trading price, so the published analyst view points to limited measured upside rather than an aggressive revaluation.

That balance matters because the stock remains below its 52-week high of SAR 18.48 while standing above its 52-week low of SAR 13.00. Trading volume reached 380,924 shares on September 27, 2026, providing a dated liquidity reference for the daily gain.

Stock trades at SAR 15.94

Saudi Electricity had a market capitalization of SAR 66.4 billion as of September 27, 2026. For investors, the combination of 8.00 percent first-half profit growth and a neutral SAR 16.40 consensus target defines the current valuation debate more clearly than the single-session gain.