ABB Raises 2026 Guidance as Electrification Orders Hit Record High, Shares Rise
Time:2026-04-23 Browse: 0
Zurich, Switzerland — Swiss industrial technology leader ABB Ltd. has raised its 2026 financial guidance, driven by strong growth in its electrification business. Shares jumped over 5% in early trading on Wednesday following the announcement.
ABB now expects comparable revenue growth in the high single digits to low double digits, up from its previous target of 6%–9%. CEO Morten Wierod said, “Although the Middle East conflict adds uncertainty to global trade, demand for our electrification and automation products remains resilient, supporting our revised outlook for 2026.”
Strong Q1 Performance
Net profit, revenue, and EBITA all increased, with EBITA margin rising from 20.3% to 23.5%.
Electrification orders propelled total order intake to a record-high USD 11.3 billion.
The company stated that demand remains robust, with core operational momentum expected to strengthen further.
Market Reaction
ABB shares rose more than 5% at the open on Wednesday and are currently trading at CHF 76.62, up 3.2%.
Growth Drivers and Outlook
Global demand for data centers is expected to accelerate, benefiting ABB’s electrification business.
Trends toward diversified energy supply and higher energy resilience present long-term opportunities for the company.
Analyst View
Analysts at RBC Capital Markets, Sebastien Cune and Nick Howden, noted that ABB’s record order intake confirms strong operational momentum in its core businesses.
Conclusion
Despite geopolitical risks, ABB’s robust order backlog and improving operational efficiency highlight the company’s resilient performance and long-term growth potential.
