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The latest announcement is out from ABB Ltd ( (CH:ABBN) ).
ABB has launched Automation Extended, a strategic evolution of its distributed control systems aimed at helping industrial customers modernize operations without disrupting production. The program builds on existing ABB platforms such as ABB Ability System 800xA, Symphony Plus and Freelance, introducing an open, modular automation ecosystem that separates the mission-critical control environment from a digitally focused layer for AI, advanced analytics and IoT applications. By incorporating technologies like an OPC UA backbone and cloud-native, container-based architectures, ABB is offering a low‑risk, scalable path to integrate new digital capabilities, improve asset monitoring and maintenance, and enhance engineering efficiency. The initiative is intended to protect customers’ installed base while reinforcing ABB’s leadership in process automation and positioning the company as a key enabler of future-ready, cybersecure industrial operations.
The most recent analyst rating on (CH:ABBN) stock is a Buy with a CHF74.00 price target. To see the full list of analyst forecasts on ABB Ltd stock, see the CH:ABBN Stock Forecast page.
More about ABB Ltd
ABB is a global technology group specializing in electrification and automation solutions, combining engineering and digitalization to boost industrial efficiency, productivity and sustainability. With a 140-year history, around 110,000 employees and listings on the SIX Swiss Exchange and Nasdaq Stockholm, the company serves a broad range of process and industrial sectors worldwide.
YTD Price Performance: 12.56%
Average Trading Volume: 2,528,904
Technical Sentiment Signal: Buy
Current Market Cap: CHF121.4B
See more data about ABBN stock on TipRanks’ Stock Analysis page.