• ABB Ltd exceeds EPS expectations, but revenue lags behind estimates. • Analysts provide mixed projections with potential upside for investors. • GuruFocus estimates indicate a potential downside based on GF Value calculations.
ABB Ltd's Q1 Earnings Surprise
ABB Ltd (ABBNY, Financial) recently reported its first-quarter earnings, delivering a positive surprise with a GAAP EPS of $0.60, surpassing analyst expectations by $0.07. Despite this earnings beat, ABB's revenue fell short of projections, coming in at $7.93 billion, which missed estimates by $260 million. Looking ahead, the company maintains an optimistic outlook, projecting mid-single-digit revenue growth and stable operational margins by 2025, even amid global economic uncertainties.
Wall Street Analysts' Projections
Based on the one-year price targets provided by five analysts, ABB Ltd (ABBNY, Financial) has an average target price of $51.95. This places their high estimate at $67.73 and the low at $41.00. The average target suggests an upside potential of 3.13% from the current price of $50.37. For more in-depth estimate data, visit the ABB Ltd (ABBNY) Forecast page.
The consensus recommendation from five brokerage firms pegs ABB Ltd (ABBNY, Financial) at an average brokerage recommendation of 2.8, indicating a "Hold" status. The rating scale spans from 1, indicating a Strong Buy, to 5, suggesting a Sell.
GuruFocus Valuation Insights
According to GuruFocus estimates, the projected GF Value for ABB Ltd (ABBNY, Financial) in one year stands at $42.04. This suggests a potential downside of 16.54% from the current price of $50.37. The GF Value reflects GuruFocus' assessment of the stock's fair trading value, based on historical trading multiples, past business growth, and future performance forecasts. Additional details can be explored on the ABB Ltd (ABBNY) Summary page.
