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ABB executes share buybacks amid record revenue reports
ABB has reported the repurchase of 544,228 of its own shares for the period between September 24 and September 30, 2026. This brings the total number of shares repurchased under its current program, which began on February 9, 2026, to 9,865,326 shares. The transactions were conducted via a separate trading line on the SIX Swiss Exchange.
Following the announcement, ABB's stock saw gains, trading at 87.89 Euro on the Lang & Schwarz platform. This follows a strong second quarter in 2026, where the company reported record revenue, including a 12% increase in comparable revenue and a 20% rise in operating EBITA to 1.90 billion USD.
Market analysts remain cautious regarding the stock. In September 2026, six experts provided a 'hold' rating for ABB, with an average price target of 78.67 CHF. Specific ratings include Bernstein Research and Berenberg Bank, both setting targets of 80.00 CHF, while Deutsche Bank AG issued a target of 76.00 CHF.
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ABB · Bernstein Research · Deutsche Bank AG · SIX Swiss Exchange