Insights

Discover our analysis of the moroccan stock market in 2026 and the masi rebound, driven by 2025 corporate results and earnings momentum.

BCP confirms a rising earnings trajectory in 2025, despite a stock strongly penalized by the market and an attractive valuation

Following its 2025 results, Maroc Telecom’s growth outlook has been reassessed, with updated 2026–2027 forecasts and a revised target price.

In Q3-2025, listed companies saw accelerated revenue growth, led by the construction sector, with record results for Attijariwafa Bank and CIH Bank.

Following the release of FY 2022 annual results, we note 70 listed companies which have published their annual achievements.

In this first edition of the AGR House View, we looked at recent developments within the Moroccan stock market as well as the signals which would argue in favor of a new paradigm starting from 2023.

In a context highlighted by record inflation levels both in Morocco and abroad, listed companies continue to post a sustained growth in their revenue during Q2-22.

The release of Maroc Telecom 2022 mid-term achievements occurs in a context which it is not very favourable to revenue growth.

At the end of this 1st quarter of 2022, 66 listed companies representing more than 99% of the mar-ket capitalization published their quarterly indicators.