FY2026 Earnings Forecast for ABB Issued By Erste Group Bank

ABB Ltd (OTCMKTS:ABBNY) – Stock analysts at Erste Group Bank cut their FY2026 earnings per share estimates for shares of ABB in a research report issued to clients and investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the industrial products company will post earnings of $3.30 per share for the year, down from their prior estimate of $3.38. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for ABB’s current full-year earnings is $3.89 per share.

ABB (OTCMKTS:ABBNY) last issued its quarterly earnings results on Tuesday, October 20th. The industrial products company reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.42). The firm had revenue of $9.70 billion during the quarter.

Other equities analysts have also recently issued research reports about the stock. Royal Bank Of Canada reissued a “sector perform” rating on shares of ABB in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ABB in a research note on Tuesday, September 22nd. Zacks Research upgraded shares of ABB from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. Pareto Securities upgraded shares of ABB from a “hold” rating to a “buy” rating in a research note on Thursday, July 16th. Finally, TD Cowen reiterated a “hold” rating on shares of ABB in a research note on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold”.

ABB Stock Up 3.1%

ABBNY stock opened at $86.33 on Wednesday. The company has a market capitalization of $157.39 billion, a P/E ratio of 31.28 and a beta of 1.35. The company has a 50-day simple moving average of $95.32 and a 200 day simple moving average of $94.67. ABB has a fifty-two week low of $67.24 and a fifty-two week high of $110.20.

Institutional Investors Weigh In On ABB

A hedge fund recently bought a new position in ABB stock. North Star Asset Management Inc. bought a new stake in ABB Ltd (OTCMKTS:ABBNY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,205 shares of the industrial products company’s stock, valued at approximately $240,000. Hedge funds and other institutional investors own 1.06% of the company’s stock.

About ABB

ABB Ltd. (OTCMKTS:ABBNY) is a Swiss-Swedish technology company that develops products, systems and services for electrification, industrial automation and energy management. Its offerings include electrical distribution equipment, industrial control systems, motors, drives, measurement and analytical instruments, and software designed to improve the efficiency, reliability and sustainability of industrial and commercial operations.

The company also provides robotics and automation solutions for manufacturing, logistics and other industrial applications.