FY2026 Earnings Estimate for ABB Issued By Erste Group Bank

ABB Ltd (OTCMKTS:ABBNY) – Research analysts at Erste Group Bank reduced their FY2026 earnings per share estimates for ABB in a report released on Wednesday, October 21st. Erste Group Bank analyst H. Engel now anticipates that the industrial products company will earn $3.30 per share for the year, down from their previous forecast 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.

A number of other analysts have also recently weighed in on ABBNY. Zacks Research raised shares of ABB from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of ABB in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ABB in a research report on Tuesday, September 22nd. TD Cowen reiterated a “hold” rating on shares of ABB in a research note on Tuesday, June 30th. Finally, Pareto Securities raised shares of ABB from a “hold” rating to a “buy” rating in a report on Thursday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, ABB currently has a consensus rating of “Hold”.

ABB Price Performance

Shares of ABBNY opened at $86.33 on Wednesday. The stock has a market capitalization of $157.39 billion, a PE ratio of 31.28 and a beta of 1.35. The business’s fifty day moving average price is $95.32 and its 200 day moving average price is $94.67. ABB has a 12-month low of $67.24 and a 12-month high of $110.20.

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

Institutional Trading of ABB

A hedge fund recently bought a new stake in ABB stock. North Star Asset Management Inc. bought a new position in ABB Ltd (OTCMKTS:ABBNY) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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.

ABB Company Profile

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.