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.
- 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.