SAR27.95
0.18%
Saudi Stock Exchange, Nov 21, 01:19 pm CET
ISIN
SA14TG012N13
Symbol
2222
Sector
Industry

Saudi Aramco Target price 2024 - Analyst rating & recommendation

Saudi Aramco Classifications & Recommendation:

Buy
40%
Hold
53%
Sell
7%

Saudi Aramco Price Target

Target Price SAR31.53
Price SAR27.95
Potential
Number of Estimates 15
15 Analysts have issued a price target Saudi Aramco 2025 . The average Saudi Aramco target price is SAR31.53. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 15 analysts: 6 Analysts recommend Saudi Aramco to buy, 8 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Saudi Aramco stock has an average upside potential 2025 of . Most analysts recommend the Saudi Aramco stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion SAR 1,856.16 1,746.53
18.10% 5.91%
EBITDA Margin 52.00% 51.31%
4.64% 1.32%
Net Margin 24.38% 23.27%
7.56% 4.53%

12 Analysts have issued a sales forecast Saudi Aramco 2024 . The average Saudi Aramco sales estimate is

SAR1.7t
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. This is
4.68% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
SAR1.8t 0.09%
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, the lowest is
SAR1.5t 16.45%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 SAR1.9t 18.10%
2024
SAR1.7t 5.91%
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2025
SAR1.6t 5.96%
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2026
SAR1.7t 1.53%
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2027
SAR1.7t 4.01%
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2028
SAR1.8t 2.09%
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12 Analysts have issued an Saudi Aramco EBITDA forecast 2024. The average Saudi Aramco EBITDA estimate is

SAR896b
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. This is
1.01% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
SAR925b 2.17%
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, the lowest is
SAR880b 2.85%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 SAR965b 21.90%
2024
SAR896b 7.14%
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2025
SAR890b 0.71%
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2026
SAR912b 2.44%
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2027
SAR949b 4.10%
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2028
SAR959b 1.05%
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EBITDA Margin

2023 52.00% 4.64%
2024
51.31% 1.32%
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2025
54.18% 5.59%
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2026
54.67% 0.90%
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2027
54.72% 0.09%
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2028
54.16% 1.02%
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6 Saudi Aramco Analysts have issued a net profit forecast 2024. The average Saudi Aramco net profit estimate is

SAR406b
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. This is
0.63% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
SAR416b 1.62%
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, the lowest is
SAR395b 3.35%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 SAR452b 24.29%
2024
SAR406b 10.19%
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2025
SAR404b 0.48%
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2026
SAR416b 2.96%
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2027
SAR421b 1.10%
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2028
SAR424b 0.79%
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Net Margin

2023 24.38% 7.56%
2024
23.27% 4.53%
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2025
24.62% 5.80%
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2026
24.97% 1.42%
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2027
24.27% 2.80%
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2028
23.96% 1.28%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share SAR 1.87 1.68
24.29% 10.16%
P/E 16.64
EV/Sales 4.02

6 Analysts have issued a Saudi Aramco forecast for earnings per share. The average Saudi Aramco <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

SAR1.68
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. This is
0.59% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
SAR1.72 1.78%
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, the lowest is
SAR1.63 3.55%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 SAR1.87 24.29%
2024
SAR1.68 10.16%
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2025
SAR1.67 0.60%
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2026
SAR1.72 2.99%
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2027
SAR1.74 1.16%
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2028
SAR1.75 0.57%
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P/E ratio

Current
2025
16.72 0.48%
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2026
16.24 2.87%
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2027
16.07 1.05%
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2028
15.94 0.81%
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Based on analysts' sales estimates for 2024, the Saudi Aramco stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.83 3.77%
2024
4.02 4.91%
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2025
4.27 6.34%
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2026
4.21 1.50%
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2027
4.05 3.85%
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2028
3.96 2.04%
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P/S ratio

Current 3.70 5.90%
2024
3.88 4.92%
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2025
4.12 6.34%
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2026
4.06 1.50%
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2027
3.90 3.85%
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2028
3.82 2.04%
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