ABB stock: Evercore ISI upgrades ABB stock rating and keeps CHF 85.00 target

Published on 10/23/2026 at 16:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ABB's 52-week range was CHF 53.78 to CHF 89.14 as of October 23, 2026. ABB stock costs EUR 73.21 on October 23, 2026.

Analyst view and valuation

Evercore ISI upgraded ABB from In Line to Outperform on October 23, 2026 and kept its CHF 85.00 target.
ABB's 52-week range was CHF 53.78 to CHF 89.14 as of October 23, 2026.
ABB stock costs EUR 73.21 at Lang & Schwarz on October 23, 2026 at 4:08 p.m. CEST.
ABB traded at a price-to-earnings ratio of 29.79 on October 23, 2026.

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Evercore ISI upgraded ABB stock from In Line to Outperform on October 23, 2026, while keeping its CHF 85.00 price target. According to Investing.com, the firm also raised its operating EBITA and earnings-per-share estimates by 6.00 percent to 13.00 percent. ABB was trading at EUR 73.21 at Lang & Schwarz on October 23, 2026 at 4:08 p.m. CEST.

Evercore keeps CHF 85.00 target

The unchanged target leaves CHF 17.46 between ABB's primary-market quote of CHF 67.54 and Evercore's valuation. That places the target 25.85 percent above the Swiss share price, calculated from the October 23, 2026 quote. The rating upgrade therefore changes the recommendation while leaving the target level unchanged.

Stock stays inside its yearly range

ABB's 52-week range stood at CHF 53.78 to CHF 89.14 as of October 23, 2026. The current Swiss quote was CHF 67.54 at 2:05 p.m. UTC, equivalent to 4:05 p.m. CEST, while market capitalization stood at CHF 122.2 billion. The stock was 24.20 percent below its 52-week high and 25.62 percent above its 52-week low.

Valuation remains a key reference

ABB traded at a price-to-earnings ratio of 29.79 on October 23, 2026. The company had published its third-quarter 2026 results on October 20, 2026, with operational EBITA of USD 2,026 million and a 20.80 percent margin, according to ABB. The report also recorded a 24.00 percent year-over-year increase in operational EBITA, giving the analyst upgrade a recent operating benchmark.

What does the target imply?

Evercore's CHF 85.00 target is higher than the CHF 80.00 target retained by Berenberg on October 22, 2026. MarketScreener reported that Berenberg kept its Neutral rating and unchanged CHF 80.00 target. The two targets frame a CHF 5.00 gap between the recent analyst views.

ABB stock and the next reference point

The October 23, 2026 rating change is the latest analyst action in the cited coverage. For the share, the main numerical reference points are the CHF 67.54 primary-market quote, the CHF 80.00 to CHF 85.00 analyst-target span and the 29.79 price-to-earnings ratio.

ABB stock was trading at EUR 73.21 at Lang & Schwarz on October 23, 2026 at 4:08 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of ABB stock.