One Saudi Stock Is Forecast to Post +364.4% Profit Growth Ahead of Its Q2 Earnings — See the Full Forecast List (124 Stocks)

SABIC
NICE ONE
WALAA
TANMIAH
SEERA

SABIC

2010.SA

0.00

NICE ONE

4193.SA

0.00

WALAA

8060.SA

0.00

TANMIAH

2281.SA

0.00

SEERA

1810.SA

0.00

These figures are average Q2 2026 net income estimates pooled across multiple sell-side research firms covering the 124 Tadawul-listed companies in this set — not a single analyst's call, and not yet-reported results.

The headline growth numbers are dominated by a handful of names coming off a very low year-ago base: Tanmiah, Seera and SIIG all show triple- to quadruple-digit YoY growth that may reflects a small denominator. 

Among companies with a more substantial base, Yansab and Luberef show the clearest genuine improvement, both tied to the petrochemicals/refining complex. 

Saudi Ceramics, Alakaria and Cenomi Centers show the sharpest expected declines on both a YoY and QoQ basis. 

Three companies — SABIC, Nice One and Walaa — are set to swing from a year-ago loss into a Q2 2026 profit; a further six names (Jahez, Sasco, SPCC, Entaj, Tanmiah, Saudi Energy) show the same loss-to-profit swing versus Q1 2026.

Subscribe to Our  The Trend Catcher Topic / The Value Anchor Topic  — Stay Tuned for More Trading Opportunities

Q2 2026E earnings — Tadawul universe (124 companies, SAR mn)

CompanyYoYQoQQ2'26 Estimate (Million SAR)Q1'26 (Million SAR)Q4'25 (Million SAR)Q3'25 (Million SAR)Q2'25 (Million SAR)VolatilityQ2'26 Actual (Million SAR)
Saudi Basic Industries Corp.(2010.SA)Turnaround+2977.9%*406.2813.2-20,937.79435.46-4,066.11High 
Nice One Beauty Digital Marketing Co.(4193.SA)Turnaround-52.60%4.18.65-25.785.92-1.29High 
Walaa Cooperative Insurance Co.(8060.SA)Turnaround-56.70%716.18-48.79-9.72-49.35High 
Tanmiah Food Co(2281.SA)+1786.0%*Turnaround9.43-1.13-22.43-15.790.5High 
Seera Group Holding(1810.SA)+1566.1%*21.50%51.1542.11-27.8934.153.07High 
Saudi Industrial Investment Group(2250.SA)+710.0%*-37.00%159252.28-1508.3319.63High 
Shatirah House Restaurant Co.(6016.SA)+479.4%*8.40%6.25.723.993.651.07Medium 
Yanbu National Petrochemical Co.(2290.SA)+364.4%*+1742.2%*206.8811.23-53.3174.1944.55High 
Alujain Corp.(2170.SA)+352.7%*+362.4%*56.2712.17-845.4416.3912.43High 
Saudi Aramco Base Oil Co.(2223.SA)+310.6%*290.20%1,006.67257.97109.78278.83245.2High 
Sustained Infrastructure Holding Co.(2190.SA)210.30%137.10%6226.1534.61719.98Medium 
Umm Al-Qura Cement Co.(3005.SA)162.60%5.50%2624.6513.1611.819.9Medium 
Arabian Cement Co.(3010.SA)135.30%-19.50%48.2659.9555.4565.4920.51Medium 
Rasan Information Technology Co.(8313.SA)86.10%-5.10%83.888.2889.4782.3245.02Low 
Saudi Pharmaceutical Industries and Medical Appliances Corp.(2070.SA)77.80%-10.90%5865.0738.7742.1432.63Low 
Saudi Manpower Solutions Co.(1834.SA)57.40%-4.30%46.4748.5840.0240.629.53Low 
Al Mawarid Manpower Co.(1833.SA)49.40%-7.30%48.3852.1939.1636.9832.38Low 
Yanbu Cement Co.(3060.SA)47.80%-14.90%31.9537.5424.5728.3721.62Low 
Almunajem Foods Co.(4162.SA)39.60%-55.40%43.2597.0157.1631.6930.99Medium 
Najran Cement Co.(3002.SA)+38.1%*2.10%6.246.1111.973.074.52Medium 
Maharah Human Resources Co.(1831.SA)36.60%-6.80%60.464.78139.4644.4644.22Medium 
Sport Clubs Co.(6018.SA)35.40%+111.4%*9.34.414.5816.326.87Medium 
First Milling Co.(2283.SA)29.20%-17.10%66.4380.0974.7271.6651.41Low 
Saudi Energy Co.(5110.SA)27.90%Turnaround3,910.50-402.65-894.193,047.173,058.24High 
The Power and Water Utility Company for Jubail and Yanbu(2083.SA)25.90%8.20%138127.5651.22170.67109.6Medium 
ACWA POWER Co.(2082.SA)25.10%74.90%603344.76572.08371.17481.83Low 
Saudi Azm for Communication and Information Technology Co.(7211.SA)24.30%-36.00%914.0612.068.017.24Low 
Umm Al Qura for Development and Construction Co.(4325.SA)21.70%+541.0%*28844.9370.49516.57236.68High 
Gulf Insurance Group(8250.SA)20.10%-6.30%4143.7430.5234.4334.14Low 
Arabian Mills for Food Products Co.(2285.SA)17.50%-25.80%6384.8956.9462.5453.62Low 
Mobile Telecommunication Company Saudi Arabia(7030.SA)17.30%-25.60%149.4200.76230.59152.81127.37Low 
Specialized Medical Co.(4019.SA)16.90%30.60%42.532.55133.9866.2536.36Medium 
Middle East Pharmaceutical Industries Co.(4016.SA)14.20%5.30%28.3326.944.528.2824.81Medium 
Saudi Reinsurance Co.(8200.SA)14.10%28.40%6046.7221.2830.7752.58Medium 
Aldrees Petroleum and Transport Services Co.(4200.SA)12.70%2.00%112.33110.11111.6113.8299.66Low 
Jarir Marketing Co.(4190.SA) (Reported)12.50%-12.50%221.88253.48309.81324.91197.18Low235.6
Dar Alarkan Real Estate Development Co.(4300.SA)11.50%2.30%266260.01430.17255.64238.64Low 
Al Rajhi Bank(1120.SA)11.50%1.60%6,859.736,751.556,374.506,360.206,151.01Low 
Bank Aljazira(1020.SA)11.40%5.10%425.77405.03362.17400.13382.13Low 
CATRION Catering Holding Co.(6004.SA)10.80%-9.90%72.4880.4176.4397.0265.39Low 
Americana Restaurants International PLC - Foreign Company(6015.SA)10.60%4.70%248.09236.93314160.91224.37Low 
Modern Mills for Food Products Co.(2284.SA)8.80%-18.00%54.0565.952.3456.1449.67Low 
Etihad Etisalat Co.(7020.SA)8.60%2.50%901.44879.75953.39916.42829.94Low 
Saudi Cement Co.(3030.SA)8.30%3.20%103.36100.17106.553.2395.46Low 
Alinma Bank(1150.SA)7.80%1.10%1,696.171,678.531,723.871,592.021,573.26Low 
Jamjoom Pharmaceuticals Factory Co.(4015.SA)7.60%-15.50%142.08168.2168.07106.67132.02Medium 
Saudi Arabian Oil Co.(2222.SA)7.40%-23.40%92,000.00120,131.0069,470.0097,264.0085,632.00Low 
Dallah Healthcare Co.(4004.SA)7.20%57.60%133.1784.52116.55141.9124.26Low 
SAL Saudi Logistics Services Co.(4263.SA)7.20%11.00%173.91156.61201.67180.89162.24Low 
Mouwasat Medical Services Co.(4002.SA)7.10%-0.40%200.16201.01238.37199.66186.97Low 
Qassim Cement Co.(3040.SA)7.10%-4.80%65.468.7268.8641.3961.06Low 
Fourth Milling Co.(2286.SA)5.70%-32.50%3653.3161.9352.1234.05Low 
United International Holding Co.(4083.SA) (Reported)5.30%-1.10%63.6764.3974.4881.5560.49Low48.22
Elm Co(7203.SA)4.80%-5.90%617.94656.5446.25558.73589.64Low 
Alamar Foods Co.(6014.SA)4.60%+774.3%*161.8317.4915.6615.29Medium 
Dr. Sulaiman Al Habib Medical Services Group(4013.SA)4.30%22.50%616.7503.29651.16602.28591.02Low 
Eastern Province Cement Co.(3080.SA)4.10%-8.40%65.9572.0341.3735.6663.35Low 
United Electronics Co.(4003.SA) (Reported)4.00%16.90%110.894.76161.61142.75106.54Low102.57
BinDawood Holding Co.(4161.SA)3.30%-23.60%53.5670.13108.9142.0751.83Medium 
Almasane Alkobra Mining Co(1322.SA)2.70%24.80%7560.170.9481.3773.05Low 
Bank Albilad(1140.SA)2.60%6.80%785.65735.75816.71766.5765.77Low 
Saudi Investment Bank(1030.SA)2.60%1.20%526519.56897.3518.41512.46Low 
Al Masar Al Shamil Education Co.(6019.SA)1.30%-5.80%50.853.9159.57-19.5650.17High 
Riyad Bank(1010.SA)1.10%0.40%2,624.502,613.542,640.922,687.402,596.62Low 
Riyadh Cables Group Co.(4142.SA)1.00%0.00%282.05281.97263.44281.49279.28Low 
The Saudi National Bank(1180.SA)0.90%-3.60%6,193.006,422.946,385.486,468.666,137.24Low 
Al Hammadi Holding(4007.SA)0.80%11.00%62.4556.2454.0851.8961.96Low 
Perfect Presentation for Commercial Services Co.(7204.SA)-1.20%4.70%34.633.0634.0932.7835.03Low 
Banque Saudi Fransi(1050.SA)-1.30%0.20%1,384.251,381.161,260.001,352.931,403.07Low 
Al Hassan Ghazi Ibrahim Shaker Co.(1214.SA)-1.50%-19.30%19.624.2816.8317.8219.9Low 
Bupa Arabia for Cooperative Insurance Co.(8210.SA)-2.00%-27.60%280.5387.348.6364.01286.25Medium 
Arabian Internet and Communications Services Co.(7202.SA)-2.20%17.80%436.41370.41278.69416.85446.33Low 
Saudi Awwal Bank(1060.SA)-2.20%-0.30%2,079.252,086.162,046.622,143.582,126.60Low 
Arab National Bank(1080.SA)-2.50%-4.20%1,302.751,359.201,146.621,329.461,336.47Low 
Cherry Trading Co.(4265.SA)-3.60%-12.90%1618.3817.7921.216.59Low 
Tamkeen Human Resource Co.(1835.SA)-3.70%-0.30%25.725.7718.8423.9326.7Low 
Almarai Co.(2280.SA) (Reported)-3.70%-14.90%623.22732.22464.79613.24646.87Low635.66
Saudi Telecom Co.(7010.SA)-5.10%-1.80%3,627.903,696.283,248.664,106.943,823.49Low 
Yamama Cement Co.(3020.SA)-6.30%-21.20%113.4143.87183.9335.87121Medium 
Gas Arabian Services Co.(4146.SA)-7.30%-5.70%3638.1642.5138.1538.82Low 
Nahdi Medical Co.(4164.SA)-7.40%-6.40%220.67235.68175.92161.25238.4Low 
Astra Industrial Group(1212.SA)-8.30%-7.30%160.44173.14152.57167.44174.92Low 
Savola Group(2050.SA)-9.00%-66.20%96.2284.52194.04385.56105.7Medium 
National Medical Care Co.(4005.SA)-9.90%37.30%72.0552.4670.9682.279.94Low 
Almoosa Health Co.(4018.SA)-10.10%98.00%46.5523.5152.251.6451.77Low 
Saudi Arabian Mining Co.(1211.SA)-10.30%5.40%1,723.831,635.811,670.952,205.131,921.84Low 
Riyadh Cement Co.(3092.SA)-10.90%-15.00%51.1860.2459.9214.7557.47Medium 
Ades Holding Co.(2382.SA)-12.00%-29.80%165.94236.44220.69214.57188.6Low 
Al Majed Oud Co.(4165.SA)-13.70%-80.90%21110.1242.2730.1124.33High 
Alkhorayef Water and Power Technologies Co(2081.SA)-13.90%-17.60%53.164.4866.3569.5961.66Low 
SABIC Agri-Nutrients Co.(2020.SA)-15.10%-26.70%899.681,226.83987.881,289.871,059.74Low 
Taiba Investments Co.(4090.SA)-16.20%-28.00%89.8124.7865.9860.39107.1Medium 
City Cement Co.(3003.SA)-19.50%-2.90%29.330.1832.268.7536.38Medium 
Abdullah Al Othaim Markets Co.(4001.SA)-19.50%-38.30%33.153.66115.1217.4841.14High 
United International Transportation Co.(4260.SA)-23.80%89.50%65.2834.4597.1180.2785.63Medium 
National Agricultural Development Co.(6010.SA)-24.10%-6.60%87.593.7163.99110.67115.26Low 
Malath Cooperative Insurance Co.(8020.SA)-25.10%-8.80%55.484.510.636.68Medium 
Theeb Rent a Car Co.(4261.SA)-25.40%3.30%35.6534.536.9350.1747.79Low 
Al Moammar Information Systems Co.(7200.SA)-25.70%97.70%2412.144.8625.132.28Medium 
Saudi Tadawul Group Holding Co.(1111.SA)-26.20%27.70%71.0655.6396.1982.6696.25Low 
The Company for Cooperative Insurance(8010.SA)-27.00%18.40%341288.08200.75173.26467.42Medium 
Lumi Rental Co.(4262.SA)-30.10%-5.30%37.940.0438.0252.7154.21Low 
Leejam Sports Co.(1830.SA)-30.40%4.20%50.948.8378.7982.0973.11Low 
Saudi Company for Hardware(4008.SA)-31.10%+74.1%*3.52.01-3.9339.365.08High 
Aldawaa Medical Services Co.(4163.SA)-32.10%164.30%58.822.2560.9569.0686.57Medium 
Arriyadh Development Co.(4150.SA)-34.50%-14.80%4350.4844.58143.7865.63Medium 
Dr. Soliman Abdel Kader Fakeeh Hospital Co.(4017.SA)-35.50%37.80%52.9338.4164.2271.6482.12Low 
Saudia Dairy and Foodstuff Co.(2270.SA)-35.70%-7.80%75.6582.0349.08184.53117.66Medium 
Retal Urban Development co.(4322.SA)-37.20%-30.00%41.559.27103.5555.566.12Medium 
Saudi Steel Pipe Co.(1320.SA)-39.70%-18.40%42.752.3544.1926.2870.83Medium 
Bawan Co.(1302.SA)-40.40%-42.20%3051.9213.3152.3450.37Medium 
Middle East Healthcare Co.(4009.SA)-46.20%33.30%34.2725.737.7940.2963.67Medium 
Saudi Ground Services Co.(4031.SA)-48.10%-14.70%51.5460.45106.21101.599.37Medium 
Ataa Educational Co.(4292.SA)-51.50%-16.70%18.321.9828.5221.5737.76Medium 
Miahona Co.(2084.SA)-52.40%+33.1%*3.52.63-0.934.567.35High 
Jahez International Company for Information System Technolog(6017.SA)-61.90%Turnaround9-9.18-48.5762.6323.6High 
Arabian Company for Agricultural and Industrial Investment(2287.SA)-68.80%Turnaround5.77-1.4-74.20.1518.5High 
Saudi Automotive Services Co.(4050.SA)-76.10%Turnaround7.1-23.721.898.4129.7High 
Arabian Centres Co.(4321.SA)-76.80%-45.90%109.5202.4976.42500.65472.9High 
Saudi Paper Manufacturing Co.(2300.SA)-78.40%-91.20%334.1517.6314.4813.9Medium 
Tabuk Cement Co.(3090.SA)-82.70%-40.2%*2.454.11.878.2514.13High 
Saudi Real Estate Co.(4020.SA)-84.10%-96.80%15475.6727.4438.994.45High 
Southern Province Cement Co.(3050.SA)-98.20%Turnaround0.27-4.07-92.772.1615.27High 
Saudi Ceramic Co.(2040.SA)-99.10%-95.50%122.4240.36.47112.8High 

Note: An asterisk (*) indicates the percentage is calculated off a small base — either the year-ago or prior-quarter absolute value was below SAR 5mn, or the resulting change exceeds 300%. These figures are directionally accurate but are magnified by a low comparison base rather than reflecting a proportionally large swing in absolute profit. "Turnaround" denotes a swing from a loss in the comparison period to a forecast profit in Q2 2026. "Loss narrowed/widened X%" applies where both periods are losses, measuring the change in loss size rather than a growth rate. "Volatility" reflects the coefficient of variation (standard deviation ÷ mean of absolute values) across the five quarters shown: Low (<30%), Medium (30–70%), High (>70%).

Subscribe to Our  The Trend Catcher Topic / The Value Anchor Topic  — Stay Tuned for More Trading Opportunities