Erste Group Bank Has Strong Estimate for ABB FY2026 Earnings

Key Points

• Erste Group Bank raised ABB’s FY2026 earnings estimate to $3.31 per share from $3.25, but maintained a “Hold” rating; its forecast remains below the $3.78 consensus estimate.
• ABB’s latest quarterly results were mixed: earnings of $0.66 per share missed expectations of $0.79, while revenue of $9.47 billion exceeded the $9.34 billion consensus estimate.
• Analyst sentiment remains cautious, with ABB carrying a consensus “Hold” rating and a $58 price target; shares opened at $100.33 and have traded between $67.24 and $110.20 over the past year.

ABB Ltd (OTCMKTS:ABBNY - Free Report) - Investment analysts at Erste Group Bank upped their FY2026 earnings estimates for ABB in a research report issued to clients and investors on Friday, September 18th. Erste Group Bank analyst H. Engel now forecasts that the industrial products company will earn $3.31 per share 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.

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

A number of other equities analysts have also weighed in on ABBNY. Pareto Securities raised ABB from a "hold" rating to a "buy" rating in a research report on Thursday, July 16th. Berenberg Bank upgraded shares of ABB to a "hold" rating in a report on Monday, June 1st. Citigroup reaffirmed a "neutral" rating on shares of ABB in a research note on Thursday, June 18th. TD Cowen reissued a "hold" rating on shares of ABB in a research report on Tuesday, June 30th. Finally, Zacks Research cut shares of ABB from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, ABB currently has a consensus rating of "Hold" and a consensus price target of $58.00.

ABB Stock Up 2.7%

Shares of OTCMKTS:ABBNY opened at $100.33 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.08 and a current ratio of 1.43. ABB has a 52-week low of $67.24 and a 52-week high of $110.20. The business's 50 day simple moving average is $98.39 and its two-hundred day simple moving average is $97.75. The firm 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.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in ABB stock. North Star Asset Management Inc. purchased a new position in ABB Ltd (OTCMKTS:ABBNY - Free Report) during the second quarter, according to its most recent 13F filing 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 owned by institutional investors.

About ABB

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.

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