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

ABB Ltd (OTCMKTS:ABBNY) – Erste Group Bank lifted their FY2026 earnings estimates for ABB in a research note issued to investors on Friday, September 18th. Erste Group Bank analyst H. Engel now anticipates that the industrial products company will post earnings of $3.31 per share for the year, up from their prior estimate of $3.25. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for ABB’s current full-year earnings is $3.79 per share.

ABB (OTCMKTS:ABBNY) last released 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). ABB had a net margin of 13.86% and a return on equity of 31.25%. The business had revenue of $9.47 billion during the quarter, compared to analyst estimates of $9.34 billion.

A number of other research firms have also recently weighed in on ABBNY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABB in a report on Tuesday. Berenberg Bank upgraded ABB to a “hold” rating in a research report on Monday, June 1st. Pareto Securities raised shares of ABB from a “hold” rating to a “buy” rating in a research note on Thursday, July 16th. Royal Bank Of Canada restated a “sector perform” rating on shares of ABB in a report on Tuesday, July 21st. Finally, Zacks Research raised shares of ABB from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, ABB presently has an average rating of “Hold” and a consensus target price of $58.00.

ABB Price Performance

ABBNY stock opened at $99.72 on Tuesday. ABB has a 1 year low of $67.24 and a 1 year high of $110.20. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.08 and a current ratio of 1.43. The stock’s 50 day moving average price is $98.27 and its 200 day moving average price is $97.96. The firm has a market cap of $181.80 billion, a P/E ratio of 36.00, a PEG ratio of 1.37 and a beta of 1.36.

Institutional Investors Weigh In On ABB

An institutional investor recently bought a new position in ABB stock. North Star Asset Management Inc. acquired a new position in shares of ABB Ltd (OTCMKTS:ABBNY) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 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. 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.