UBS raises target for ABM stock from USD 45.00 to USD 51.50

Published on 10/05/2026 at 03:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 4.20 percent to USD 2.3 billion in fiscal Q3 2026. For ABM stock, free cash flow guidance is USD 210.0 million for fiscal 2026.

ABM, US0009571003, Illustration mit AI erstellt.

ABM Industries (ISIN US0009571003) drew a higher UBS valuation after its fiscal third-quarter results: as Investing.com reported on September 9, 2026, UBS raised its target from USD 45.00 to USD 51.50 and kept a Neutral rating. The change followed ABM's fiscal third-quarter report dated September 8, 2026.

UBS sees balanced risk and reward

The target increase came with a cautious assessment. UBS said organic growth of 2.00 percent and a segment margin of 7.70 percent matched its expectations, while a large customer project delay shifted revenue into the fiscal fourth quarter.

The valuation debate is therefore tied to execution rather than a single quarterly beat. The same Investing.com report said ABM traded at USD 49.53 in its quoted market context and stood near a USD 50.95 52-week high, while the delayed project created a larger seasonal earnings ramp for the fourth quarter.

Record revenue lifts cash outlook

Yahoo Finance reported that revenue in fiscal third quarter 2026 increased 4.20 percent year over year to USD 2.3 billion, a quarterly record. Net income rose 18.90 percent to USD 49.7 million, or USD 0.84 in diluted earnings per share, from USD 41.8 million and USD 0.67 in the prior-year quarter.

The operating picture was mixed beneath the headline growth. Manufacturing and Distribution revenue increased 17.60 percent to USD 481.0 million, while Business and Industry revenue declined 2.60 percent to USD 1,012.2 million. For fiscal 2026, ABM lifted adjusted earnings per share guidance to USD 3.95-4.10 and raised free cash flow guidance to USD 210.0 million.

ABM stock remains below its high

ABM was last at USD 48.97 on the NYSE on October 2, 2026 at 4:00 p.m. ET, versus a USD 36.96 to USD 51.29 52-week range. The market capitalization was USD 2.9 billion at that quote, giving the company a valuation context alongside UBS's USD 51.50 target.

The Lang & Schwarz prior close was EUR 43.50 on October 2, 2026. ABM's next earnings date is December 23, 2026, according to the dated listing information on Investing.com.