Evercore cuts target for ABB stock from CHF 85.00 to CHF 80.00
Published on 10/26/2026 at 09:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSABB order growth and analyst revision
- ABB reported USD 12.06 billion in orders on October 20, 2026, up 40.00 percent year over year.
- DZ Bank cut its target from CHF 95.00 to CHF 91.00 on October 21, 2026.
- ABB stock trades at EUR 74.04 at 9:43 a.m. CET at Lang & Schwarz on October 26, 2026, 0.82 percent above the Xetra close of October 23, 2026.
ABB stock (ISIN CH0012221716) was trading at EUR 74.04 at Lang & Schwarz on October 26, 2026, at 9:43 a.m. CET, 0.82 percent above the Xetra close of October 23, 2026 at EUR 73.44. The latest analyst move came from Evercore ISI on October 23, 2026, which cut its target from CHF 85.00 to CHF 80.00, according to MarketScreener.
Q3 orders set the tone
ABB's third-quarter results on October 20, 2026 showed orders of USD 12.06 billion, up 40.00 percent from USD 8.61 billion in the third quarter of 2025. Revenue reached USD 9.70 billion, an increase of 14.00 percent year over year, while operational EBITA rose 24.00 percent to USD 2.03 billion and its margin reached 20.80 percent, according to ABB.
The order figure also exceeded revenue growth, producing a book-to-bill ratio of 1.24 in the quarter. Operating cash flow was USD 1.86 billion, up 5.00 percent from USD 1.78 billion a year earlier, giving the results a cash-generation component beyond the headline order figure.
What does the target cut mean?
The analyst chronology turned more cautious after the results. On October 21, 2026, DZ Bank lowered its target from CHF 95.00 to CHF 91.00 while retaining a Buy rating, as reported by MarketScreener. On October 23, Evercore ISI cut its target from CHF 85.00 to CHF 80.00 while keeping an In-Line view, according to the same published analyst chronology.
The next dated reporting event is January 28, 2027, when ABB is scheduled to publish fourth-quarter 2026 results, according to MarketScreener.
The euro quote remains below its high
ABB's Xetra range was EUR 58.22 to EUR 95.92 as of October 23, 2026. At EUR 74.04, the Lang & Schwarz quote was 22.80 percent below the range high, leaving the current price below the upper end even as third-quarter orders accelerated.
ABB was trading at EUR 74.04 at Lang & Schwarz on October 26, 2026, at 9:43 a.m. CET, 0.82 percent above the Xetra close of October 23, 2026 at EUR 73.44. The further course of trading is shown by the continuously updated real-time quote of ABB stock.
ABB stock facts
- Company: ABB Ltd
- ISIN: CH0012221716
- Ticker: ABBN
- Primary exchange: SIX Swiss Exchange
- Price Lang & Schwarz (as of October 26, 2026, 9:43 a.m. CET): EUR 74.04
- Change versus Xetra close: plus 0.82 percent
- Xetra close (October 23, 2026): EUR 73.44
- 52-week range: EUR 58.22-95.92 (as of October 23, 2026)
- Sector / Industry: Industrials / Electrical Equipment and Parts
Market context: Market report SMI.
