ABB stock gains 1.43 percent to EUR 85.94 in trading
Published on 09/29/2026 at 14:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ABB stock (ISIN CH0012221716) was trading at EUR 85.94 at Lang & Schwarz on September 29, 2026, at 2:41 p.m. CEST, up 1.43 percent versus the prior close of EUR 84.73. The latest analyst move came from Deutsche Bank, which raised its target to CHF 76.00 from CHF 74.00 while keeping a Hold rating on September 22, 2026.
Data center demand drives the debate
According to Investing.com, Deutsche Bank linked the target increase to sustained data center demand and ABB's Infinitus direct-current portfolio for AI infrastructure. The bank also retained a Hold rating and cited a 2027 estimated EV/EBITA multiple of 20x, making valuation the counterweight to the demand story.
ABB's Q2 2026 results provide the operating evidence behind that debate. Its revenue reached USD 9.5 billion, comparable revenue growth was 12 percent and operational EBITA rose 20 percent to USD 1.9 billion, lifting the operational EBITA margin by 90 basis points to 20.2 percent, according to the Yahoo Finance transcript dated July 16, 2026.
Orders and buybacks add support
The Q2 call also showed a 28 percent comparable increase in orders and a record order level of USD 12 billion. ABB raised its 2026 comparable revenue-growth guidance to a low double-digit to low-teens increase, while third-quarter comparable revenue growth was expected in the low- to mid-teens range, according to Yahoo Finance.
Capital returns provide a second measurable support. ABB repurchased 584,551 shares from September 17 through September 23, 2026, bringing purchases under the current program to 9,321,098 shares, according to WebDisclosure on September 24, 2026.
ABB stock gains in afternoon trading
ABB stock was trading at EUR 85.94 at Lang & Schwarz on September 29, 2026, at 2:41 p.m. CEST, plus 1.43 percent versus the Lang & Schwarz prior close of EUR 84.73 on September 28, 2026. The next reported checkpoint is scheduled for October 15, 2026, when ABB is listed for its Q3 2026 earnings release by MarketScreener.
ABB stock at EUR 85.94
- Company: ABB Ltd
- ISIN: CH0012221716
- Ticker: ABBN
- Primary exchange: SIX Swiss Exchange
- Price Lang & Schwarz as of September 29, 2026, 2:41 p.m. CEST: EUR 85.94
- Change versus prior close: plus 1.43 percent
- Prior close Lang & Schwarz (September 28, 2026): EUR 84.73
- Sector / Industry: Industrials / Electrical Equipment and Parts
- Index membership: SMI
- Next earnings date: October 15, 2026
