Dangote Cement Crosses N10trn, Trades Below Analysts Target Price
Signalling a speedy recovery from its downturn, Dangote Cement’s share price settled at N600 ahead of the third quarter of 2025 earnings release. The price level pushed the cement company market value above N10 trillion ahead of the third quarter earnings release.
In separate earnings projections, a slew of equities analysts across Broadstreet anticipate the cement company to deliver an impressive performance as the industry appears to have left the wood.
Improved macroeconomic conditions and the cement company’s ability to transfer costs to customers aided industrial sector players’ quick recovery. Cement names had experienced a sharp margin decline, but last earnings came with some positive signals.
The Nigerian Exchange (NGX) valued Dangote Cement Plc’s 16.873 billion shares outstanding for N10.124 trillion, reflecting its recent positive price appreciation.
In the market, about 3.4 million unit of Dangote Cement Plc valued at N2.078 billion were executed by investors seeking to hold a position before Q3 earnings release in coming weeks.
The cement company told the Nigerian Exchange Limited (NGX) and all stakeholders that its board meeting will be held on Oct 27, ahead of its previous schedule. Dangote Cement has previously plan that the meeting will be held on Oct 30
The board will discuss various matters, including the unaudited financial statements for the quarter ended September 30, 2025.
Dangote Cement said in a disclosure that the Closed Trading Period will end twenty-four (24) hours after the release of the 2025 Q3 Unaudited Financial Statements and the relevant resolutions passed at the Board meeting to the public.
Equity analysts at CardinalStone Securities Limited set N661.49 as a target price for DANGCEM, with a BUY recommendation. The investment firm said DANGCEM’s growth momentum should extend into Q3 ’25, supported by resilient domestic demand and pricing stability.
Analysts said they expect solid volume performance from the Nigerian operations, albeit lower sequentially, as the third quarter typically records softer production levels due to the impact of the rainy season on construction activities. Nigeria Bonds Yield Sinks to 16% on Broad-Based Demand
