Erste Group Bank Brokers Increase Earnings Estimates for ABB

ABB Ltd (NYSE:ABBNY) – Stock analysts at Erste Group Bank raised their FY2026 EPS estimates for shares of ABB in a research report issued to clients and investors on Wednesday, March 4th. Erste Group Bank analyst H. Engel now expects that the industrial products company will post earnings per share of $3.03 for the year, up from their previous forecast of $2.98. The consensus estimate for ABB’s current full-year earnings is $2.36 per share.

Several other research firms have also recently commented on ABBNY. Wall Street Zen cut ABB from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of ABB in a report on Thursday, January 15th. Sanford C. Bernstein raised ABB from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 7th. Evercore started coverage on shares of ABB in a research report on Monday, December 15th. They issued a “hold” rating on the stock. Finally, Kepler Capital Markets raised shares of ABB from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $58.00.

ABB Trading Down 0.4%

ABB stock opened at $84.77 on Monday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.99 and a current ratio of 1.37. ABB has a fifty-two week low of $45.36 and a fifty-two week high of $93.40. The stock has a market cap of $156.31 billion, a P/E ratio of 39.99, a PEG ratio of 2.48 and a beta of 1.24. The firm’s fifty day moving average price is $82.96 and its 200-day moving average price is $75.52.

ABB Company Profile

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.