What is Erste Group Bank’s Forecast for ABB FY2026 Earnings?

ABB Ltd (OTCMKTS:ABBNY) – Equities research analysts at Erste Group Bank lowered their FY2026 earnings estimates for ABB in a research report issued to clients and investors on Thursday, August 27th. Erste Group Bank analyst H. Engel now expects that the industrial products company will earn $3.25 per share for the year, down from their prior forecast of $3.26. 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) last issued 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). The business had revenue of $9.47 billion during the quarter, compared to analyst estimates of $9.34 billion. ABB had a net margin of 13.86% and a return on equity of 31.25%.

Other analysts have also issued research reports about the company. Pareto Securities raised ABB from a “hold” rating to a “buy” rating in a report on Thursday, July 16th. Wall Street Zen lowered ABB from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Dnb Carnegie raised ABB from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Zacks Research downgraded shares of ABB from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Finally, TD Cowen reaffirmed a “hold” rating on shares of ABB in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $58.00.

ABB Price Performance

OTCMKTS ABBNY opened at $95.48 on Monday. The stock has a 50-day simple moving average of $100.92 and a 200 day simple moving average of $97.20. ABB has a twelve month low of $65.42 and a twelve month high of $110.20. The stock has a market capitalization of $174.07 billion, a PE ratio of 34.47, a P/E/G ratio of 1.44 and a beta of 1.36. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.08 and a current ratio of 1.43.

Hedge Funds Weigh In On ABB

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

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.