FY2026 Earnings Estimate for ABB Issued By Erste Group Bank

ABB Ltd (OTCMKTS:ABBNY) – Erste Group Bank lifted their FY2026 earnings per share estimates for shares of ABB in a report issued on Friday, September 18th. Erste Group Bank analyst H. Engel now anticipates that the industrial products company will post earnings per share of $3.31 for the year, up from their previous forecast of $3.25. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for ABB’s current full-year earnings is $3.78 per share.

Several other equities research analysts also recently weighed in on ABBNY. Royal Bank Of Canada reissued a “sector perform” rating on shares of ABB in a report on Tuesday, July 21st. Dnb Carnegie upgraded shares of ABB from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Citigroup reissued a “neutral” rating on shares of ABB in a research report on Thursday, June 18th. Pareto Securities upgraded shares of ABB from a “hold” rating to a “buy” rating in a research note on Thursday, July 16th. Finally, Berenberg Bank upgraded shares of ABB to a “hold” rating in a research note on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $58.00.

ABB Stock Up 2.7%

Shares of ABB stock opened at $100.33 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.43 and a debt-to-equity ratio of 0.40. The company has a market cap of $182.92 billion, a P/E ratio of 36.22, a PEG ratio of 1.32 and a beta of 1.36. The firm’s 50 day moving average price is $98.39 and its 200-day moving average price is $97.75. ABB has a 52-week low of $67.24 and a 52-week high of $110.20.

ABB (OTCMKTS:ABBNY) last posted its quarterly earnings results on Thursday, July 16th. The industrial products company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.13). The business had revenue of $9.47 billion during the quarter, compared to the consensus estimate of $9.34 billion. ABB had a net margin of 13.86% and a return on equity of 31.25%.

Institutional Trading of ABB

A hedge fund recently bought a new position in ABB stock. North Star Asset Management Inc. purchased a new stake in ABB Ltd (OTCMKTS:ABBNY) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,205 shares of the industrial products company’s stock, valued at approximately $240,000. 1.06% of the stock is currently owned by institutional investors.

ABB Company Profile

ABB Ltd. is a Swiss-Swedish technology company that develops electrification, automation and industrial solutions for customers in utilities, infrastructure, transportation, manufacturing, energy and other industries. Its offerings are designed to improve energy efficiency, productivity, reliability and operational safety.

The company’s principal businesses include electrification products and systems, industrial automation, motion technologies and robotics and discrete automation. Products and services include electrical distribution equipment, building and power-management solutions, drives, motors, control systems, measurement and analytics technologies, industrial robots, collaborative robots and related software and maintenance services.

ABB was formed in 1988 through the merger of Sweden’s ASEA and Switzerland’s Brown Boveri, two engineering companies with roots dating to the late nineteenth century.