ABB stock slips as Infinitus launch meets neutral rating

Published on 09/30/2026 at 14:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ABB stock stood at EUR 84.60 at Lang & Schwarz on September 30, 2026. Q2 revenue reached USD 9.5 billion and Operational EBITA margin rose to 20.2 percent.

Orangefarbener Industrieroboter schweißt Fahrzeugkarosserie mit Funkenregen in heller Fabrikhalle — ABB Ltd (CH0012221716) setzt Industrieroboter beim präzisen Lichtbogenschweißen in moderner Fabrik ein, Illustration mit AI erstellt.

ABB stock (ISIN CH0012221716) was trading at EUR 84.60 at Lang & Schwarz on September 30, 2026, down 1.57 percent from the prior close of EUR 85.95. The move comes as ABB develops its Infinitus direct-current portfolio for AI data centers while analysts keep their valuation restrained.

Infinitus targets AI power demand

According to ABB on September 21, 2026, Infinitus combines direct-current distribution, protection, cooling optimization and solid-state transformer technology in a source-to-rack portfolio.

The commercial angle is substantial but delayed. ABB said the first data centers using the complete portfolio are expected to become operational within two to three years, while next-generation AI chips can require 1 MW per rack compared with almost 200 kW today. A BCG and ABB report cited by the company calculated energy-efficiency gains of more than 5 percent for direct-current distribution.

Q2 figures set a high bar

ABB's latest reported quarter also provides important context. In its Q2 2026 earnings call on July 16, Yahoo Finance reported that revenue reached USD 9.5 billion, up 12 percent on a comparable basis. Operational EBITA increased 20 percent to USD 1.9 billion, lifting the margin by 0.90 percentage points to 20.20 percent.

Orders rose 28 percent to nearly USD 12.0 billion, and ABB raised its full-year 2026 comparable-revenue outlook to a low double-digit to low-teens increase. The contrast matters for investors: current earnings are already strong, while the Infinitus opportunity depends on adoption and installations extending into 2027 and 2028.

Bernstein keeps a neutral stance

Following an ABB technology webinar, finanzen.ch reported on September 25, 2026, that Bernstein Research retained its Market-Perform rating and CHF 80.00 price target. The target was below the CHF 81.32 reference price shown in the analyst summary, underscoring the gap between ABB's growth narrative and valuation discipline.

ABB stock falls in trading

ABB stock was trading at EUR 84.60 at Lang & Schwarz on September 30, 2026, at 2:02 p.m. CEST, down 1.57 percent versus the Lang & Schwarz prior close of EUR 85.95 on September 29, 2026. The next Q3 2026 results date is scheduled for October 20, 2026, according to finanzen.ch.