SAR27.00
0.37% yesterday
Saudi Stock Exchange, Oct 17, 02:19 pm CET
ISIN
SA14TG012N13
Symbol
2222
Sector
Industry

Saudi Aramco Target price 2024 - Analyst rating & recommendation

Saudi Aramco Classifications & Recommendation:

Buy
50%
Hold
43%
Sell
7%

Saudi Aramco Price Target

Target Price SAR32.25
Price SAR27.10
Potential
Number of Estimates 13
13 Analysts have issued a price target Saudi Aramco 2025 . The average Saudi Aramco target price is SAR32.25. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 14 analysts: 7 Analysts recommend Saudi Aramco to buy, 6 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 Purchase.

Sales and Margin forecast 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Billion SAR 1,856.16 1,728.41
18.10% 6.88%
EBITDA Margin 52.00% 53.16%
4.64% 2.24%
Net Margin 24.38% 25.20%
7.56% 3.38%

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

SAR1.7t
Unlock
. This is
6.91% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
SAR2.0t 7.15%
Unlock
, the lowest is
SAR1.5t 19.29%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 SAR1.9t 18.10%
2024
SAR1.7t 6.88%
Unlock
2025
SAR1.7t 3.45%
Unlock
2026
SAR1.7t 2.31%
Unlock
2027
SAR1.9t 8.85%
Unlock
2028
SAR1.9t 2.75%
Unlock

11 Analysts have issued an Saudi Aramco EBITDA forecast 2024. The average Saudi Aramco EBITDA estimate is

SAR919b
Unlock
. This is
2.56% lower
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
SAR990b 5.00%
Unlock
, the lowest is
SAR882b 6.43%
Unlock
.

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

EBITDA Estimates

2023 SAR965b 21.90%
2024
SAR919b 4.79%
Unlock
2025
SAR920b 0.12%
Unlock
2026
SAR952b 3.50%
Unlock
2027
SAR1.0t 9.62%
Unlock
2028
SAR1.2t 11.52%
Unlock

EBITDA Margin

2023 52.00% 4.64%
2024
53.16% 2.24%
Unlock
2025
55.13% 3.71%
Unlock
2026
55.77% 1.16%
Unlock
2027
56.17% 0.72%
Unlock
2028
60.96% 8.53%
Unlock

5 Saudi Aramco Analysts have issued a net profit forecast 2024. The average Saudi Aramco net profit estimate is

SAR436b
Unlock
. This is
0.03% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
SAR506b 16.07%
Unlock
, the lowest is
SAR407b 6.62%
Unlock
.

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

Net Profit Estimates

2023 SAR452b 24.29%
2024
SAR436b 3.72%
Unlock
2025
SAR443b 1.64%
Unlock
2026
SAR454b 2.53%
Unlock
2027
SAR484b 6.62%
Unlock

Net Margin

2023 24.38% 7.56%
2024
25.20% 3.38%
Unlock
2025
26.53% 5.28%
Unlock
2026
26.59% 0.23%
Unlock
2027
26.05% 2.03%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share SAR 1.87 1.80
24.29% 3.74%
P/E 15.05
EV/Sales 3.91

5 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

SAR1.80
Unlock
. This is
0.00% lower
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
SAR2.09 16.11%
Unlock
, the lowest is
SAR1.68 6.67%
Unlock
.

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

Earnings Per Share

2023 SAR1.87 24.29%
2024
SAR1.80 3.74%
Unlock
2025
SAR1.83 1.67%
Unlock
2026
SAR1.88 2.73%
Unlock
2027
SAR2.00 6.38%
Unlock

P/E ratio

Current
2025
14.81 1.59%
Unlock
2026
14.44 2.50%
Unlock
2027
13.55 6.16%
Unlock

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 3.64 11.65%
2024
3.91 7.33%
Unlock
2025
4.05 3.57%
Unlock
2026
3.95 2.26%
Unlock
2027
3.63 8.13%
Unlock
2028
3.54 2.68%
Unlock

P/S ratio

Current 3.53 13.77%
2024
3.79 7.42%
Unlock
2025
3.93 3.57%
Unlock
2026
3.84 2.26%
Unlock
2027
3.53 8.13%
Unlock
2028
3.43 2.68%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today