Deutsche Bank raises target for ABB stock from CHF 74 to CHF 76

Published on 10/12/2026 at 09:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Berenberg forecasts USD 9.80 billion revenue and USD 11.38 billion orders for Q3. ABB stock costs EUR 85.97 on October 12, 2026.

Key points in brief

Deutsche Bank Research raised its ABB target from CHF 74 to CHF 76 while retaining a Hold rating on September 22, 2026.
Berenberg expects USD 9.80 billion of third-quarter revenue and USD 11.38 billion of order intake.
ABB stock was trading at EUR 85.97 at Lang & Schwarz on October 12, 2026 at 9:19 a.m. CEST.
ABB's first-half 2026 revenue reached USD 18.21 billion and operating EBITA reached USD 3.97 billion.

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ABB stock (ISIN CH0012221716) was trading at EUR 85.97 at Lang & Schwarz on October 12, 2026 at 9:19 a.m. CEST. Deutsche Bank Research raised its target for ABB from CHF 74 to CHF 76 while retaining a Hold rating in its September 22, 2026 analysis, according to finanznachrichten.de.

Three dated ABB milestones

On July 16, 2026, ABB published its second-quarter results and reported record-high orders, according to the company's investor page at ABB. For the first half of 2026, order intake reached USD 23.34 billion and revenue reached USD 18.21 billion, up 31.00 percent and 16.00 percent year over year respectively, according to i-Magazin.

On September 24, 2026, ABB presented Infinitus, a direct-current power portfolio designed to connect energy sources with AI data center racks, per the company investor page. The portfolio gives the electrification business a product angle tied to the rapidly expanding power needs of data centers.

On October 20, 2026, ABB is scheduled to report third-quarter results. Berenberg expects USD 9.80 billion of revenue and USD 11.38 billion of order intake, representing year-over-year growth of 15.00 percent and 32.00 percent, according to Finimize.

What will orders mean for margins?

The gap between Berenberg's forecast order intake and revenue is USD 1.58 billion. That spread matters because order intake represents new contracts, while revenue is recognized as ABB delivers the work.

Margin conversion is therefore the key test for the October report. In the first half of 2026, operating EBITA reached USD 3.97 billion and the operating EBITA margin rose to 21.80 percent, according to i-Magazin. Input costs and the timing of customer price increases could determine how much of the order momentum reaches profit.

Analyst target moves higher

Deutsche Bank Research's CHF 76 target is CHF 2.00 above its earlier CHF 74 level, while the Hold rating stayed unchanged on September 22, 2026. Bernstein Research separately kept a Market-Perform rating and an CHF 80 target in a September 22, 2026 note reported by finanznachrichten.de. The two targets frame the market debate around execution rather than demand alone.

ABB stock stays tied to execution

ABB's latest operating figures show order growth running ahead of revenue growth, but the October 20 report will show whether that pipeline supports the 21.80 percent first-half operating EBITA margin. ABB stock was trading at EUR 85.97 at Lang & Schwarz on October 12, 2026 at 9:19 a.m. CEST.

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