Abbott Laboratories

New York Stock Exchange
Bullish +65

Abbott Laboratories stock holds near USD 102 after July results

📈 Abbott Laboratories reported June-quarter EPS of USD 1.31, beating estimates by USD 0.03.

💰 Revenue surged to USD 12.59 billion, marking a 13.0 percent year-over-year growth.

🔮 Q3 2026 EPS guidance is set between USD 1.38 and USD 1.46.

📅 Full-year fiscal 2026 guidance ranges from USD 5.45 to USD 5.60 per share.

🚀 BTIG Research raised its price target to USD 134 following the earnings report.

⭐ Wolfe Research upgraded Abbott to outperform with a USD 130 price target.

💹 Market capitalization stands at USD 177.11 billion as of September 19, 2026.

📉 Current share price of USD 102.35 trades below the consensus target of USD 119.50.

📊 The stock is trading within a 52-week range of USD 81.97 to USD 137.49.

Bullish Signals
  • Abbott Laboratories beat earnings expectations with June-quarter EPS of USD 1.31, surpassing analyst estimates by USD 0.03.
  • Revenue growth was robust at 13.0 percent year over year, reaching a total of USD 12.59 billion for the quarter.
  • The company provided optimistic full-year guidance with FY 2026 EPS expectations between USD 5.45 and USD 5.60.
  • Analyst sentiment is bullish, evidenced by BTIG Research raising its target to USD 134 and Wolfe Research upgrading the stock to outperform.
  • The full-year earnings outlook centers above the current analyst consensus of USD 5.52 EPS.
Full Analysis
Abbott Laboratories reported strong financial results for the June quarter, trading at USD 102.35 on September 19, 2026. The company posted earnings per share of USD 1.31, which beat analyst estimates by USD 0.03. Revenue reached USD 12.59 billion, representing a significant year-over-year increase of 13.0 percent. Looking ahead, Abbott provided guidance for the third quarter of 2026 with EPS expected between USD 1.38 and USD 1.46. The full-year fiscal 2026 outlook was set at USD 5.45 to USD 5.60 per share. This forward-looking guidance positions the company's annual earnings expectations above the current analyst consensus of USD 5.52. Wall Street analysts have responded positively to the results, with BTIG Research raising its price target to USD 134 and Wolfe Research lifting Abbott to an outperform rating with a USD 130 target. Despite these upgrades, the current share price remains below the consensus target of USD 119.50, suggesting potential upside for investors. Abbott Laboratories operates within the Health Care Equipment & Supplies sector with a market capitalization of USD 177.11 billion. The stock has a 52-week trading range between USD 81.97 and USD 137.49, indicating volatility but maintaining a position well above its yearly low following the recent earnings beat.