Fintel raises target for Petro Rabigh stock to SAR 20.40

Published on 10/20/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached SAR 20.37 billion and net income SAR 2.66 billion. Petro Rabigh stock traded at SAR 17.07 on October 20, 2026.

Profit and valuation markers

Fintel set the average one-year target at SAR 20.40 on September 22, 2026.
Second-quarter 2026 revenue reached SAR 20.37 billion.
Petro Rabigh stock traded at SAR 17.07 at 11:16 a.m. AST on October 20, 2026.

Petro Rabigh, SA120GAH5617, Illustration mit AI erstellt.

Petro Rabigh (SA120GAH5617) drew attention after Fintel reported on September 22, 2026 that the average one-year price target had risen to SAR 20.40 from SAR 16.32. Petro Rabigh stock was trading at SAR 17.07 on Tadawul on October 20, 2026 at 11:16 a.m. AST.

Target revision sets the frame

The target revision represents a 25.00 percent increase from the prior estimate. At SAR 17.07, the stock price was 16.32 percent below the SAR 20.40 target, using the same currency and the October 20, 2026 Tadawul quotation.

Fintel also reported 8 recommendations for the September 1, 2026 period, including 2 strong buy, 5 buy and 1 hold recommendations. The recommendation mix provides context, but it does not replace the company's operating results.

What does the profit mean?

The latest reported quarter supplied the earnings counterweight. Simply Wall St said second-quarter 2026 revenue reached SAR 20.40 billion, up 455.00 percent from the second quarter of 2025, while net income reached SAR 2.66 billion. The standardized second-quarter statement reports revenue of SAR 20.37 billion, net income of SAR 2.66 billion and basic earnings per share of SAR 1.59.

Three dated markers

On July 31, 2026, Simply Wall St reported second-quarter revenue of SAR 20.40 billion and net income of SAR 2.66 billion. On September 3, 2026, the same source reported a fiscal-year 2026 revenue forecast increase from SAR 65.40 billion to SAR 69.10 billion. On September 22, 2026, Fintel reported the average target increase from SAR 16.32 to SAR 20.40.

Stock and company profile

Petro Rabigh operates an integrated refining and petrochemical complex with refined products and petrochemical divisions. Its reported second-quarter net income contrasts with the company's historical loss profile and makes profitability the central operating measure behind the valuation discussion.

Trading reference

Petro Rabigh stock was trading at SAR 17.07 on Tadawul on October 20, 2026 at 11:16 a.m. AST. The finance snapshot places market capitalization at SAR 28.5 billion and the 52-week range at SAR 6.36 to SAR 18.77, both as of October 20, 2026.

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