05:37 AM EDT, 08/12/2026 (MT Newswires) -- FAB Securities reiterated its buy rating on 2PointZero Group (ADX:2POINTZERO), with a price target of 3.30 Emirati dirhams, as it took note of the investment company's second-quarter earnings. Thanks to higher revenue and joint venture profit shares, as well as increased investment and other income, the company's net profit surged to 5.15 billion dirhams in the second quarter from 473 million dirhams a year ago, above FAB's 1.22 billion-dirham forecast, according to a Tuesday first look note. Total revenue was 11.91 billion dirhams, compared with the research firm's estimate of 10.53 billion dirhams. "2PointZero recorded a fair value gain of AED 4.4 Bn during the quarter, reflecting the strong performance of its underlying investment portfolio amid favourable market conditions," analysts wrote. "While reported earnings may remain influenced by fair value movements within its investment portfolio, we believe the growing contribution from its operating businesses, combined with an expanding global footprint, resilient business mix and prudent capital deployment strategy, strengthens earnings visibility and supports long-term shareholder returns."

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