ABB Jumps on Strong Q4 Earnings, Uplifts Swiss Market Close
ABB Ltd. (SWX: ABBN) shares surged Thursday after the Swiss industrial giant reported better-than-expected Q4 earnings and raised its 2026 outlook, lifting the broader Swiss market to a firm close. Net income for Q4 rose 18% year-over-year to $987 million, beating consensus estimates by 6%. Revenue climbed 9% to $8.2 billion, driven by strong automation demand in North America and Asia. Management now forecasts 2026 organic sales growth of 5–7%, up from prior guidance of 3–5%. “Execution remains sharp amid resilient end markets,” said CEO Björn Rosengren. The stock gained 5.2% on Thursday, outperforming the SMI Index’s 0.8% advance. Analysts at UBS upgraded ABB to “Buy,” citing margin expansion and order backlog strength.