As of April 11, 2025, Saudi Aramco's stock price is currently around 26.13 Riyals, according to recent data. This price is relatively stable, with a slight decrease from the previous month's average of 27.56 Riyals. The trading volume has been moderate, averaging around 18.61 million shares per day, which is slightly lower than the average trading volume of 20.76 million shares per day in the previous month.
Recently, Saudi Aramco announced its full-year 2024 results on March 4, 2025. The company reported a net income of 320 billion Riyals ($85.3 billion) and free cash flow of 79.3 billion Riyals ($21.1 billion). The Q4 2024 base dividend was increased by 4.2%, marking the third consecutive year of dividend growth. Additionally, the company announced a performance-linked dividend (PLD) to be paid in Q1 2025, aligning with its previously announced mechanism[5].
Major analysts have been positive about Saudi Aramco's future prospects. A recent forecast by 30rates.com predicts that the stock price will range from a minimum of 23.31 Riyals to a maximum of 29.30 Riyals by the end of April 2025, with an average price of 26.37 Riyals[4]. This forecast suggests a relatively stable outlook for the company's stock.
In terms of recent news, Saudi Aramco has been actively involved in strategic partnerships. The company has announced plans to form a joint venture with Ma’aden to transition into minerals, which could potentially diversify its revenue streams and enhance its long-term sustainability[5]. These developments indicate a positive trajectory for the company, which could support its stock price in the coming months.
Overall, while the current stock price is slightly lower than the previous month's average, the recent financial performance and strategic announcements by Saudi Aramco suggest a stable and potentially upward trend for its stock. The company's commitment to sustainability and its strategic partnerships are key factors that analysts and investors are likely to consider when evaluating the stock's future performance.
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