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

ABB Ltd (NYSE:ABBNY) – Erste Group Bank boosted their FY2026 earnings estimates for shares of ABB in a report issued on Tuesday, May 12th. Erste Group Bank analyst H. Engel now expects that the industrial products company will post earnings per share of $3.15 for the year, up from their previous estimate of $3.09. The consensus estimate for ABB’s current full-year earnings is $2.36 per share.

Several other equities analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of ABB from a “sell” rating to a “hold” rating in a research note on Thursday, April 23rd. Barclays raised shares of ABB from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Zacks Research raised shares of ABB from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Kepler Capital Markets cut shares of ABB from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Citigroup reaffirmed a “neutral” rating on shares of ABB in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, ABB has an average rating of “Hold” and an average target price of $58.00.

ABB Stock Down 2.9%

ABB stock opened at $100.65 on Wednesday. The stock has a market cap of $183.50 billion, a price-to-earnings ratio of 47.48, a PEG ratio of 2.48 and a beta of 1.36. The company has a current ratio of 1.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.44. The company’s 50-day moving average price is $91.84 and its two-hundred day moving average price is $82.80. ABB has a 52 week low of $56.18 and a 52 week high of $107.84.

About ABB

ABB Ltd. is a global engineering and technology company headquartered in Zürich, Switzerland, with roots dating to the 1988 merger of ASEA and Brown, Boveri & Cie. The company develops and supplies technologies that enable electrification, automation and digitalization across utility, industrial, transportation and infrastructure markets. ABB’s offerings span hardware, software and services designed to improve efficiency, reliability and sustainability for its customers.

ABB’s principal activities include electrification products and systems for power distribution and management; industrial and factory automation solutions; robotics and discrete automation for manufacturing; and motion technologies including electric motors and drives.