FY2026 Earnings Estimate for ABB Issued By Erste Group Bank

ABB Ltd (OTCMKTS:ABBNY) – Stock analysts at Erste Group Bank decreased their FY2026 earnings estimates for ABB in a report released on Thursday, August 27th. Erste Group Bank analyst H. Engel now forecasts that the industrial products company will earn $3.25 per share for the year, down from their prior estimate 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.

Several other research firms have also commented on ABBNY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of ABB in a research note on Tuesday, July 21st. Dnb Carnegie raised ABB from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Berenberg Bank upgraded ABB to a “hold” rating in a research report on Monday, June 1st. Wall Street Zen downgraded ABB from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Pareto Securities upgraded ABB from a “hold” rating to a “buy” rating in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $58.00.

ABB Stock Down 1.0%

ABBNY opened at $97.45 on Monday. The company has a market cap of $177.67 billion, a PE ratio of 35.18, a price-to-earnings-growth ratio of 1.46 and a beta of 1.36. ABB has a twelve month low of $65.42 and a twelve month high of $110.20. The company has a 50-day moving average price of $101.13 and a 200 day moving average price of $97.16. The company has a quick ratio of 1.08, a current ratio of 1.43 and a debt-to-equity ratio of 0.40.

ABB (OTCMKTS:ABBNY) last posted its quarterly earnings data 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 company had revenue of $9.47 billion for the quarter, compared to analysts’ expectations of $9.34 billion. ABB had a net margin of 13.86% and a return on equity of 31.25%.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in ABB stock. North Star Asset Management Inc. purchased a new stake in ABB Ltd (OTCMKTS:ABBNY) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. 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.

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.