Abbott Laboratories · ABT · FY2025 Q3 · Calendar Q4 2025

Abbott’s new products support growth, while China diagnostics remain a risk

The transcript analysis supports a constructive view of Abbott’s growth trajectory: medical devices and a broad new-product pipeline are offsetting pressure in China diagnostics and other challenged areas. The evidence for durability is strong but depends on product launches, CGM adoption, reimbursement, and the expected recovery in China diagnostic volumes.

Reported Before market openNYSEHealthcare $173.21B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $1.30 Consensus $1.30
EPS surprise 0.0% Reported versus consensus
Reported revenue $11.37B Consensus $11.39B
Revenue surprise -0.2% Reported versus consensus

Market reaction

prior-close to event-session close
Stock move -2.9% Event window
SPY move +0.4% Same window
Abnormal move -3.3% Stock minus SPY
Volume 2.5× Versus trailing sessions
Subsequent drift -0.5% Up to 20 sessions
ABTSPY benchmark

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Transcript intelligence

What changed

The latest analysis points to 7.5% organic sales growth, 12.5% Medical Devices growth, and approximately $5 billion of sales from new products. It also adds a planned US Volt launch, a new low-sugar Glucerna formula, international regulatory progress, and an AI-imaging software acquisition, while maintaining guidance sentiment.

Guidance delta

Maintained; management expressed confidence in delivering consensus growth for 2026.

Key takeaways

  • Organic sales grew 7.5% year over year, led by 12.5% growth in Medical Devices.
  • New products generated approximately $5 billion in sales and added more than 100 basis points to organic growth.
  • Management expects China diagnostic headwinds to subside, with volume recovery starting in Q4.
  • The near-term pipeline includes Volt, Packlex Duo, Alinity N, biosimilars, and structural-heart programs.
  • The transcript analysis describes management as confident about meeting consensus growth for 2026.

Management priorities

  • Launch Volt PSA catheter and Packlex Duo in the US.
  • Expand Libre CGM penetration and continue product rollouts in diagnostics and biosimilars.
  • Advance pivotal trials for mitral-valve replacement, IVL, and lactate-sensor programs.
  • Develop nutrition products and integrate AI imaging software into interventional cardiology workflows.

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Earnings History

Estimate Beat Miss Match
ABT EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 4 future estimate-only quarters. Q1 '24 estimate $0.95 Q1 '24 actual $0.98, beat Q2 '24 estimate $1.10 Q2 '24 actual $1.14, beat Q3 '24 estimate $1.20 Q3 '24 actual $1.21, match Q2 '25 estimate $1.26 Q2 '25 actual $1.26, match Q3 '25 estimate $1.30 Q3 '25 actual $1.30, match Q4 '25 estimate $1.50 Q4 '25 actual $1.50, match Q1 '26 estimate $1.14 Q1 '26 actual $1.15, match Q2 '26 estimate $1.28 Q2 '26 actual $1.31, beat Q3 '26 estimate $1.42 Q4 '26 estimate $1.64 Q1 '27 estimate $1.28 Q2 '27 estimate $1.45
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Analyst Consensus ?

ConsensusBuy42 ratings
Bullish3378.6%
Neutral921.4%
Bearish00.0%

Analyst 52W Price Targets

$100.1Previous close
$24.01Low
$128.62Average
$158High

Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 6, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Rothschild & Co Buy NeutralUpgradeOct 2, 2026
TD Cowen Buy BuyMaintainSep 8, 2026
Citigroup Buy BuyMaintainAug 14, 2026
Wolfe Research Outperform Peer PerformUpgradeAug 13, 2026
UBS Buy BuyMaintainJul 28, 2026
Wells Fargo Overweight OverweightMaintainJul 17, 2026
RBC Capital Outperform OutperformMaintainJul 17, 2026
Piper Sandler Overweight OverweightMaintainJul 17, 2026
JP Morgan Overweight OverweightMaintainJul 17, 2026
Evercore ISI Group Outperform OutperformMaintainJul 17, 2026
BTIG Buy BuyMaintainJul 17, 2026
Goldman Sachs Buy BuyMaintainMay 31, 2026
Barclays Overweight OverweightMaintainApr 20, 2026
Stifel Buy BuyMaintainApr 17, 2026
Oppenheimer Outperform OutperformMaintainApr 17, 2026
Benchmark Buy BuyMaintainApr 17, 2026
B of A Securities Buy BuyMaintainApr 17, 2026
Freedom Broker Buy HoldUpgradeJan 29, 2026
Bernstein Outperform OutperformMaintainJan 23, 2026
Raymond James Outperform OutperformMaintainOct 16, 2025
Mizuho Neutral NeutralMaintainJul 18, 2025
Jefferies Buy HoldUpgradeJul 18, 2025
Morgan Stanley Equal Weight Equal WeightMaintainJul 15, 2025
Argus Research Buy BuyMaintainJul 28, 2022
SVB Leerink Market Perform Market PerformMaintainApr 21, 2022
CFRA Buy BuyMaintainApr 20, 2022
Credit Suisse Outperform OutperformMaintainJan 27, 2022
Atlantic Equities Overweight NeutralUpgradeOct 27, 2021
Cowen & Co. Outperform OutperformMaintainJan 28, 2021
Stifel Nicolaus Buy BuyMaintainJan 23, 2020
Guggenheim Securities Neutral BuyDowngradeJan 2, 2020
Guggenheim Neutral BuyDowngradeJan 2, 2020
BMO Capital Outperform OutperformMaintainJul 18, 2019
Argus Buy HoldUpgradeMay 5, 2018
William Blair Outperform Market PerformUpgradeJan 25, 2018
BTIG Research Neutral BuyDowngradeJan 22, 2018
Deutsche Bank Buy BuyMaintainJul 21, 2017
Edward Jones Buy HoldUpgradeJun 21, 2016
PiperJaffray Neutral OverweightDowngradeApr 28, 2016
Leerink Swann Market Perform Market PerformMaintainJan 25, 2016
Gabelli & Co. Buy BuyMaintainMay 21, 2013
Bank oferica Neutral NeutralMaintainApr 5, 2012
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Named analyst price targets

Upside is calculated against the persisted previous close $100.1. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Redburn PartnersEd Ridley-Day$127$96.71 +26.9%Oct 2, 2026
Wolfe ResearchAnalyst unavailable$130$110.92 +29.9%Aug 13, 2026
UBSPatrick Wood$125$108.84 +24.9%Jul 28, 2026
Benchmark Co.Analyst unavailable$120$100.67 +19.9%Jul 20, 2026
Piper SandlerAnalyst unavailable$118$98.82 +17.9%Jul 17, 2026
BTIGAnalyst unavailable$134$98.82 +33.9%Jul 16, 2026
Evercore ISIVijay Kumar$112$93.64 +11.9%Jul 6, 2026
Robert W. BairdDavid Rescott$121$90.68 +20.9%Jun 30, 2026
DaiwaAnalyst unavailable$92$92.74 -8.1%Apr 22, 2026
BarclaysMatt Miksic$143$96.83 +42.9%Apr 20, 2026
UBSAnalyst unavailable$115$95.46 +14.9%Apr 17, 2026
Piper SandlerAnalyst unavailable$115$95.46 +14.9%Apr 17, 2026
Stifel NicolausAnalyst unavailable$120$95.46 +19.9%Apr 17, 2026
UBSDanielle Antalffy$158$108.42 +57.8%Mar 13, 2026
New StreetAnalyst unavailable$145$108.14 +44.9%Mar 13, 2026
BarclaysAnalyst unavailable$142$109.3 +41.9%Feb 2, 2026
Loop Capital MarketsIlya Zubkov$120$106.09 +19.9%Jan 29, 2026
Evercore ISIAnalyst unavailable$138$108.61 +37.9%Jan 23, 2026
UBSAnalyst unavailable$132$108.6 +31.9%Jan 23, 2026
Mizuho SecuritiesAnthony Petrone$125$108.6 +24.9%Jan 23, 2026
Piper SandlerAnalyst unavailable$135$108.6 +34.9%Jan 23, 2026
BernsteinAnalyst unavailable$125$108.6 +24.9%Jan 23, 2026
Wells FargoLarry Biegelsen$122$108.6 +21.9%Jan 23, 2026
BernsteinLee Hambright$154$126.18 +53.8%Jan 9, 2026
Goldman SachsAnalyst unavailable$152$126.18 +51.8%Jan 9, 2026
Evercore ISIAnalyst unavailable$144$123.97 +43.9%Jan 5, 2026
BarclaysAnalyst unavailable$169$124.19 +68.8%Jan 5, 2026
BTIGMarie Thibault$145$126.24 +44.9%Dec 22, 2025
Tigress FinancialAnalyst unavailable$145$128.12 +44.9%Nov 21, 2025
BarclaysAnalyst unavailable$162$127.63 +61.8%Oct 17, 2025
Wells FargoAnalyst unavailable$146$129.45 +45.9%Oct 16, 2025
Goldman SachsAnalyst unavailable$157$133.94 +56.8%Oct 1, 2025
RBC CapitalShagun Singh$147$131.49 +46.9%Jul 15, 2025
RBC CapitalShagun Singh$140$126.22 +39.9%Apr 15, 2025
BernsteinLee Hambright$135$114.25 +34.9%Jan 8, 2025
Piper SandlerAdam Maeder$133$117.82 +32.9%Oct 17, 2024
BernsteinLee Hambright$138$117.82 +37.9%Oct 17, 2024
JefferiesMatthew Taylor$125$117.82 +24.9%Oct 16, 2024
Evercore ISIVijay Kumar$128$117.82 +27.9%Oct 16, 2024
BTIGMarie Thibault$139$117.82 +38.9%Oct 16, 2024
SusquehannaCharles Minervino$120$114.3 +19.9%Oct 8, 2024
RBC CapitalShagun Singh$130$113.36 +29.9%Oct 8, 2024
Roth CapitalScott Fortune$24.01$54.49 -76.0%Sep 19, 2024
Piper SandlerAdam Maeder$131$114.88 +30.9%Sep 19, 2024
JefferiesMatthew Taylor$120$112.22 +19.9%Aug 27, 2024
CitigroupJoanne Wuensch$127$111.39 +26.9%Aug 22, 2024
Raymond JamesJayson Bedford$127$104.68 +26.9%Jul 18, 2024
Evercore ISIVijay Kumar$120$103.2 +19.9%Jul 2, 2024
BTIGMarie Thibault$135$102.99 +34.9%Jun 3, 2024
Goldman SachsDavid Roman$121$100.73 +20.9%May 30, 2024
BarclaysMatt Miksic$140$107.07 +39.9%Apr 22, 2024
BernsteinLee Hambright$133$105.27 +32.9%Apr 18, 2024
RBC CapitalShagun Singh$125$105.9 +24.9%Apr 18, 2024
Morgan StanleyAnalyst unavailable$133$111.37 +32.9%Jan 6, 2023
CitigroupAnalyst unavailable$125$107.51 +24.9%Dec 12, 2022
RBC CapitalShagun Singh$132$109.78 +31.9%Aug 3, 2022
UBSAnalyst unavailable$128$109.09 +27.9%Jul 27, 2022
CitigroupAnalyst unavailable$123$108.23 +22.9%Jul 21, 2022
BTIGAnalyst unavailable$126$108.36 +25.9%Jul 18, 2022
Stifel NicolausAnalyst unavailable$126$108.43 +25.9%Jul 18, 2022
Raymond JamesAnalyst unavailable$117$105.71 +16.9%Jul 15, 2022
BTIGMarie Thibault$130$109.45 +29.9%Jun 27, 2022
Raymond JamesJayson Bedford$135$119.64 +34.9%Apr 25, 2022
RBC CapitalAnalyst unavailable$143$122.64 +42.9%Apr 21, 2022
BTIGMarie Thibault$140$123.8 +39.9%Apr 21, 2022
New StreetAnalyst unavailable$117.49$123.41 +17.4%Apr 20, 2022
Wells FargoLarry Biegelsen$150$120.04 +49.9%Apr 11, 2022
Bank of America SecuritiesTravis Steed$140$120.97 +39.9%Mar 3, 2022
Morgan StanleyCecilia Furlong$151$122.41 +50.8%Feb 26, 2022
Raymond JamesJayson Bedford$143$129.71 +42.9%Feb 6, 2022
CitigroupJoanne Wuensch$154$135.08 +53.8%Dec 15, 2021
JefferiesRaj Denhoy$145$124.61 +44.9%Oct 21, 2021
Stifel NicolausRick Wise$130$117.38 +29.9%Jul 22, 2021
Goldman SachsAmit Hazan$120$104.61 +19.9%Jun 1, 2021
Evercore ISIVijay Kumar$136$121.24 +35.9%Apr 21, 2021
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Company context

Snapshot as of publication

Abbott Laboratories, along with its affiliated entities, is a global healthcare enterprise dedicated to the research, development, manufacturing, and worldwide distribution of a diverse portfolio of health solutions. The company operates through four primary divisions: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. In the Established Pharmaceutical Products segment, Abbott provides generic medications designed to treat a wide array of conditions, including pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorders, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine. This segment also supplies the anti-infective clarithromycin, influenza vaccines, and products aimed at regulating colon physiology. The Diagnostic Products division offers a comprehensive suite of diagnostic tools.…

Historical context

All ABT earnings

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Latest beats and misses

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
  3. Polygon adjusted daily market bars · 2026-10-06T06:40:42.319669+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-06T06:40:42.316823+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-06. For educational purposes only; not investment advice.