Erste Group Bank Has Strong Estimate for ABB FY2026 Earnings

ABB Ltd (OTCMKTS:ABBNY) – Investment analysts at Erste Group Bank lifted their FY2026 earnings per share estimates for shares of ABB in a research report issued on Thursday, June 25th. Erste Group Bank analyst H. Engel now forecasts that the industrial products company will post earnings per share of $3.28 for the year, up from their previous forecast of $3.18. The consensus estimate for ABB’s current full-year earnings is $3.60 per share.

A number of other brokerages have also recently commented on ABBNY. Berenberg Bank raised ABB to a “hold” rating in a research note on Monday, June 1st. Kepler Capital Markets lowered ABB from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Barclays raised shares of ABB from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Citigroup restated a “neutral” rating on shares of ABB in a research note on Thursday, June 18th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of ABB in a report on Wednesday, May 6th. Nine analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $58.00.

ABB Stock Performance

Shares of ABB stock opened at $105.91 on Tuesday. The business has a 50-day simple moving average of $103.78 and a 200 day simple moving average of $89.88. ABB has a one year low of $58.56 and a one year high of $110.20. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.38 and a quick ratio of 1.05. The firm has a market capitalization of $193.09 billion, a price-to-earnings ratio of 38.94, a PEG ratio of 1.69 and a beta of 1.36.

ABB Company Profile

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.