Erste Group Bank Has Negative Outlook of ABB FY2026 Earnings

Key Points

• Erste Group Bank lowered ABB’s FY2026 EPS forecast to $3.26 from $3.30, well below the broader consensus estimate of $3.79; its FY2027 estimate is $3.67.
• ABB’s latest quarterly results missed expectations, with EPS of $0.66 versus the $0.79 consensus, although revenue of $9.47 billion exceeded estimates of $9.34 billion.
• Analyst sentiment remains cautious: ABB carries an average “Hold” rating and a $58.00 average price target, while its shares opened at $100.65 and are down 0.2%.

ABB Ltd (OTCMKTS:ABBNY - Free Report) - Equities research analysts at Erste Group Bank cut their FY2026 earnings per share estimates for ABB in a research note issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now anticipates that the industrial products company will post earnings per share of $3.26 for the year, down from their previous forecast of $3.30. The consensus estimate for ABB's current full-year earnings is $3.79 per share. Erste Group Bank also issued estimates for ABB's FY2027 earnings at $3.67 EPS.

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

ABBNY has been the subject of several other reports. Kepler Capital Markets downgraded shares of ABB from a "strong-buy" rating to a "hold" rating in a report on Monday, April 27th. TD Cowen reaffirmed a "hold" rating on shares of ABB in a research report on Tuesday, June 30th. Barclays raised ABB from a "strong sell" rating to a "hold" rating in a research report on Monday, April 13th. Pareto Securities raised ABB from a "hold" rating to a "buy" rating in a research report on Thursday, July 16th. Finally, Berenberg Bank upgraded shares of ABB to a "hold" rating in a report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, ABB currently has an average rating of "Hold" and an average target price of $58.00.

ABB Stock Down 0.2%

Shares of ABB stock opened at $100.65 on Tuesday. ABB has a 12-month low of $65.38 and a 12-month high of $110.20. 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 stock has a 50 day moving average price of $102.68 and a two-hundred day moving average price of $95.40. The stock has a market capitalization of $183.50 billion, a P/E ratio of 36.34, a PEG ratio of 1.49 and a beta of 1.36.

About ABB

ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.

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