The stc share price is a prominent indicator in the Saudi financial market, attracting the attention of investors and observers in the telecommunications sector. The stock of Saudi Telecom Company (STC), represented by the symbol (7010), is one of the leading stocks in the Saudi Tadawul market, characterized by a long history of stability and growth. In this article, we will neutrally review the economics of the STC share price, the factors influencing it, and the company's financial background. We will rely on the latest data and official reports for the years 2024 and 2025, explaining how these factors interacted with the stock's movement without providing any investment recommendations. We will discuss the company's financial performance, key indicators such as earnings per share and dividends, the role of competition in the sector, and significant events that affected the stock's valuation. Additionally, we will present detailed information on how to track the stock on Tadawul, along with answers to the most frequently asked questions. We remind that making any investment decision always requires consulting a licensed financial specialist, and the information provided aims for educational purposes only.
Definition of STC Stock and Its Position in the Saudi Market
Saudi Telecom Company (STC) is one of the leading companies in the telecommunications and information technology sector, representing the largest telecommunications entity in the Kingdom of Saudi Arabia. The company was established in the late twentieth century, and the state holds the largest share through the Public Investment Fund, granting it strategic weight in the Saudi economy. The listing of STC stock on the Saudi financial market (Tadawul) carries the symbol (7010), and it is viewed as a leading stock in the TASI index.
The position of STC stock is not limited to its market size but extends to being an indicator of the telecommunications sector's overall performance. Local and foreign investors rely on the movement of STC stock to monitor market trends, especially as the company plays a pivotal role in digital transformation under Saudi Vision 2030. Additionally, regular dividends and government confidence enhance the stock's long-term appeal.
In recent years, the stock has experienced fluctuations linked to the company's investments and structural changes such as the sale of non-operational assets. The stock is subject to supply and demand mechanisms and regulatory oversight from the Capital Market Authority to ensure transparency and protect investors. All these factors place the stc share price in the spotlight as an important indicator in the Saudi market.
STC Financial Performance in 2024–2025: Numbers and Facts
STC's financial performance in 2024 witnessed significant transformations that directly reflected on the stc share price. The company recorded record profits of approximately 24.7 billion Saudi Riyals, an increase of nearly 86% compared to the previous year. This sharp rise in profits is attributed to two main factors: the first is operational improvement and revenue growth of 5.7% (reaching 75.89 billion Riyals), and the second is exceptional gains from the sale of non-operational assets such as the TAWAL telecommunications tower unit.
In the fourth quarter of 2024, the company achieved revenues of 19.27 billion Riyals and a net profit of 13.46 billion Riyals (a significant increase compared to the same quarter of 2023). These figures temporarily pushed the stock price to high levels before stabilizing by the end of the year. In the first quarter of 2025, the results showed relative stability after halting major sales operations, with the company continuing to invest in digital services.
It is noteworthy that these results reflected on most key financial indicators such as earnings per share, price-to-earnings ratio, and dividends, making the stc share price a focal point for investors seeking stability and consistent returns.
Analysis of Key Financial Indicators for STC Stock
Financial indicators form the cornerstone of understanding and evaluating the stc share price. The most prominent of these indicators include:
- Current Share Price: Ranges between 11–12 Saudi Riyals in mid-2025, a slight development from early 2024. The price changes daily based on trading and market conditions.
- Market Capitalization: With approximately 5 billion shares outstanding, the company's market capitalization is around 55–60 billion Saudi Riyals, placing it among the largest Saudi companies after Aramco.
- Price-to-Earnings Ratio (P/E): Stood at approximately 2.2–2.4 in 2024, a very low figure due to the exceptional profits recorded. It is important to note that this number may rise again as profits stabilize in the future.
- Dividends: STC is known for generous dividends to shareholders, with dividend yields ranging between 6–8% in some years, and the company is expected to continue its dynamic distribution policy linked to annual financial performance.
These indicators reflect the company's strong financial position and make its stock a focus of interest for long-term investors.
Factors Influencing the stc Share Price
The stc share price is influenced by a variety of interrelated factors, the most important of which are:
1. Company Operational Performance: Revenue growth and operational efficiency improvements typically enhance investor confidence and increase demand for the stock.
2. Macroeconomic Conditions: Stock prices are generally affected by the climate of the Saudi economy, oil prices, and government economic policies.
3. Significant News: Such as asset sales or announcements of exceptional profits, which contribute to temporarily raising the price or stabilizing it.
4. Dividends: The higher the dividends, the greater the interest in the stock from income-seeking investors.
5. Technological Innovation and Expansion of Digital Services: STC's investments in 5G and cloud computing increase the attractiveness of its stock.
6. Competition in the Sector: The impact of Mobily and Zain Saudi Arabia on market share and profit margins.
7. Government Regulations: Changes in pricing policies or licensing grants directly affect the company's profitability and stock valuation.
Understanding these factors is essential for anyone monitoring the stc share price or studying the stock's performance objectively.
Saudi Telecommunications Sector: Market Dynamics and Competition
The Saudi telecommunications sector comprises three main companies: STC, Etihad Etisalat (Mobily), and Zain Saudi Arabia. STC holds the largest market share, while the other companies strive to compete with STC through innovation and the provision of new services.
In 2024, the sector witnessed revenue growth of approximately 6%, with a clear emergence of STC's growth in digital services and international expansion. Mobily focused on enhancing its infrastructure and attracting customers from the business sector, while Zain worked on expanding its network in home fiber services and offering competitive packages.
Competition in the sector drives all companies to develop their services, yet STC remains at the forefront thanks to state support and its significant investments in infrastructure. With the expansion of the digital economy and support for Vision 2030, opportunities and challenges are increasing for all players in the market, making monitoring the stc share price and competition indicators essential for understanding sector dynamics.
Impact of Saudi Vision 2030 on STC and Its Stock Price
Saudi Vision 2030 is considered a major catalyst for growth in the telecommunications sector, focusing on digital transformation and the development of technical infrastructure. Government initiatives support significant investments in 5G networks, government digitization, and electronic payments, increasing demand for telecommunications services.
STC directly benefits from these trends through its projects in cloud computing, artificial intelligence, and advanced digital services. The company also seeks to seize opportunities in major projects such as NEOM and new government sectors.
As the digital economy expands and the demand for telecommunications services increases, the attractiveness of the stc share price to investors rises, especially since the company is well-positioned to benefit from these trends. However, it is important to note that the company's benefit from the vision is contingent on its ability to innovate and respond to changing market demands.
Recent News and Developments Affecting the stc Share Price
Recently, STC has witnessed significant developments that have impacted the stc share price, including:
- Announcement of record profits in 2024 amounting to 24.7 billion Riyals, resulting from the sale of non-operational assets.
- Implementation of structural deals such as the sale of the TAWAL telecommunications tower unit, leading to exceptional gains that bolstered financial results.
- Launch of expansion projects in artificial intelligence, cloud computing, and the expansion of 5G networks.
- Signing strategic partnerships with local and global companies in cybersecurity and digital services.
The market's reaction to this news was positive, with the stock experiencing a temporary jump following the announcement of 2024 results. Meanwhile, the company maintained its regulatory stability, showing no significant concerns regarding changes in sector policies.
These developments reflect STC's expansion and innovation strategy and highlight the importance of monitoring significant news and its impact on the stc share price.
Tracking the stc Share Price on the Tadawul Platform
The stc share price can be easily tracked on the Saudi Tadawul platform, where the stock is listed under the symbol (7010). The Tadawul platform provides daily data on the stock price, trading volume, market capitalization, performance indicators, and distribution ratios.
To track the stock:
1. Visit the Saudi Tadawul website.
2. Search for the symbol "7010" or the name "Saudi Telecom."
3. View stock details, charts, and the latest financial reports.
The platform also allows for real-time monitoring of market developments and provides information on financial indicators and comparisons with sector companies. Analytical tools can also be used to study the stock's performance over different time periods.
It is always important to rely on official and reliable sources when tracking the stc share price and not to rely solely on rumors or unverified news.
How to Buy STC Stock in the Saudi Financial Market
Investors can purchase STC stock (7010) by following these steps:
1. Open a trading account with a licensed broker in the Kingdom of Saudi Arabia.
2. Deposit the amount to be invested into the account.
3. Access the broker's electronic trading platform.
4. Search for the "Saudi Telecom" stock or the symbol "7010."
5. Specify the desired quantity and enter the purchase order.
Local and qualified foreign investors are allowed to buy STC shares, subject to the regulations governing foreign ownership. The stock enjoys relatively high liquidity, making buying and selling operations easier.
It is always advisable to review the instructions of the Capital Market Authority and ensure understanding of all risks associated with trading in stocks. Regularly tracking the stc share price helps in making informed decisions based on accurate and transparent data.
Analysis of STC Dividends and Their Importance to Shareholders
STC is known for its regular dividend distribution policy to shareholders, enhancing the stock's appeal to investors seeking stable income. In recent years, dividend yields have ranged between 6–8% of the stock's value, which is relatively high in the Saudi market.
In 2024, due to the record profits recorded, dividends are expected to be high as well (although the official announcement has not been made until mid-2025). Typically, dividends reflect the annual financial performance, taking into account exceptional variables such as asset sales.
Dividends signal the strength of the company's financial position and management's confidence in sustaining cash flows. However, investors should consider that the dividend yield may change from year to year based on the company's results and market dynamics.
It is important to study the company's dividend history when monitoring the stc share price, especially for those looking for a long-term investment that balances growth and yield.
Comparing STC with Competitors in the Telecommunications Sector
STC faces competition from two main local competitors: Etihad Etisalat (Mobily) and Zain Saudi Arabia. STC retains the largest market share, but its competitors continuously strive to narrow the gap through infrastructure development and new offerings.
Mobily focuses on the corporate sector and digital transformation, while Zain has expanded into internet and fiber optic services. While STC managed to achieve record profits in 2024, its competitors maintained modest revenue growth.
Despite the intense competition, state support and STC's significant investments in technological innovation give it a relative advantage. However, any changes in regulatory policies or the intensity of competition may affect profit margins for all companies, subsequently reflecting on the stc share price.
Periodic financial comparisons between companies help in understanding the relative strengths and weaknesses of each stock in the sector.
Opportunities and Risks Associated with STC Stock
Key opportunities associated with STC stock include:
- Continued government support under the Kingdom's Vision 2030.
- Expansion in digital services and cloud computing.
- Leadership in 5G networks.
- Regional expansion through investments in foreign companies.
Risks include:
- Fluctuations in profit results due to non-recurring exceptional gains.
- Intense competition from local and global companies.
- Potential changes in government regulations for the telecommunications sector.
- Relative dependence on macroeconomic conditions and oil prices.
Monitoring the stc share price and understanding these factors is crucial for anyone following or studying the stock's performance. It is always essential to assess opportunities and risks based on objective analysis and official data.
The Role of the Capital Market Authority and Transparency in Trading STC
STC and its stock listing on the Saudi market are subject to the oversight of the Capital Market Authority (CMA), which sets strict rules to protect investors and ensure transparency. The company is committed to regularly disclosing its financial results, warning of risks, and clarifying any significant developments that may affect the stc share price.
The authority monitors unusual trading activities and imposes strict laws on the disclosure of major transactions or changes in ownership. It also ensures that information is equally available to all investors, limiting rumors or trading on undisclosed information.
This regulatory environment enhances investor confidence in STC stock and gives the Saudi market a good reputation among regional markets. Nevertheless, closely monitoring regulatory updates remains essential for anyone interested in STC stock or the sector as a whole.
Conclusion
In conclusion, the stc share price represents an important indicator of the health of the Saudi telecommunications sector, reflecting the performance of Saudi Telecom Company (STC) as one of the key pillars of the local economy. The strength of the stock is highlighted by its strong financial results, regular dividend policy, and benefits from government support and Vision 2030. However, evaluating the stock always requires understanding the influencing factors, comparing it with its competitors, and monitoring regulatory developments. The information provided in this article aims for educational purposes only and does not constitute an investment recommendation. It is important to consult a licensed financial advisor before making any investment decision. The SIGMIX platform provides you with continuous analyses and updated data to help you better understand the market, and we always encourage you to research and verify official sources before investing.
Frequently Asked Questions
The stc share price is affected by several factors, primarily the company's financial and operational performance, the expansion of its digital services, dividend distributions, and exceptional gains such as asset sales. Macroeconomic conditions, such as oil prices and the growth of the Saudi economy, also play a role in determining investor trends. Significant news, competition in the sector, and government regulatory changes can all temporarily or permanently raise or lower the stock price.
According to the latest available data, the stc share price in mid-2025 is expected to range between 11–12 Saudi Riyals per share. This price reflects the company's strong financial results in 2024 and its relative stability at the beginning of 2025. However, the price remains subject to daily fluctuations based on market supply and demand.
The market capitalization of STC is approximately 55–60 billion Saudi Riyals, based on about 5 billion shares and a trading price in the range of 11–12 Riyals. This positions the company among the largest listed companies on Tadawul after Aramco, enhancing its weight in major market indices.
The price-to-earnings ratio for STC stock was approximately 2.2–2.4 in 2024, due to the exceptional increase in net profits following the sale of non-operational assets. It should be noted that this number is unusually low and may rise in the future as profits stabilize. The P/E ratio reflects the relationship between the stock price and the company's earnings per share.
Yes, STC is known for its regular cash dividend distributions over the past years. Dividend yields have ranged between 6–8% of the stock's value in some years. The size of the dividends depends on the company's financial results and may increase in years with exceptional profits, as occurred in 2024. The dividends for 2024 have not been officially announced until mid-2025, but expectations indicate the continuation of the generous distribution policy.
STC's main competitors in the Saudi telecommunications market are Etihad Etisalat (Mobily) and Zain Saudi Arabia. Mobily focuses on the corporate sector and digital transformation, while Zain expands in fiber optic and internet services. Despite the intense competition, STC remains at the forefront in terms of market share and financial performance.
Saudi Vision 2030 supports digital transformation and the development of technical infrastructure, increasing demand for telecommunications services. STC benefits from these trends through its investments in modern networks and digital services, enhancing the stock's attractiveness in the medium to long term. However, the impact of the vision depends on the company's ability to innovate and respond to market changes.
STC stock can be purchased by opening a trading account with a licensed broker in the Kingdom, then searching for the symbol 7010 (Saudi Telecom) and executing a purchase order through the electronic trading platform. The stock is available to qualified local and foreign investors and enjoys high liquidity, facilitating buying and selling operations at any time.
STC achieved high profits in 2024 due to improved operational performance and a revenue increase of 5.7%, along with exceptional gains from the sale of assets such as the TAWAL telecommunications tower unit and some digital assets. These combined factors led to a jump in net profits of 86% compared to 2023.
The stc share price can be tracked daily through the official Saudi Tadawul platform, which provides real-time data on the price, trading volume, charts, and financial reports. Financial analysis platforms like SIGMIX can also be utilized to follow analyses and periodic reports on the stock and the telecommunications sector.