ABM Industries

ABM · NYSE

$51.56+$0.15 (+0.29%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $51.41

ABM analyst rating

HoldConsensus of 5 analysts over the last 12 months. 40% rate it a buy.

Strong buy0
Buy2
Hold3
Underperform0
Sell0

12-month price target · 9 analysts

Average $56.48 (+9.5% upside)

Low: $49.49
Now: $51.56
High: $71.40

Upgrades and downgrades

The latest rating actions, newest first

ABM analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Truist Securities	Sep 14, 2026	Maintains	Hold	$45.00 → $49.00	63%
UBS	Sep 9, 2026	Maintains	Neutral	$45.00 → $51.50	51%
Baird	Sep 9, 2026	Maintains	Neutral	$48.00 → $53.00	66%
Freedom Capital Markets	Sep 9, 2026	Maintains	Buy	$55.00 → $58.00	65%
Freedom Capital Markets	Sep 8, 2026	Maintains	Buy	$55.00	65%
Baird	Jun 8, 2026	Maintains	Neutral	$45.00 → $48.00	66%
UBS	Mar 11, 2026	Maintains	Neutral	$51.00 → $45.00	51%
Maxim Group	Mar 11, 2026	Upgrade	Hold → Buy	$50.00	40%
Truist Securities	Mar 11, 2026	Maintains	Hold	$47.00 → $45.00	63%
Baird	Mar 11, 2026	Maintains	Neutral	$52.00 → $45.00	66%

The case for and against

Updated Oct 16, 2026

Bull case

ABM Indus is supported by resilient, non-discretionary demand for integrated facility services across commercial, education, aviation, and technical end markets, which gives the business a defensive revenue base even in softer economic conditions. Recent results showed 3Q26 revenue growth of 4.2% and organic growth of 2.1%, while adjusted EPS of $1.04 beat consensus and adjusted EBITDA margin improved to about 6.3%, helped by strong M&D and Aviation performance. Confidence is further reinforced by raised FY26 guidance, expected adjusted EPS of $3.95–$4.10, record free cash flow, and faster deleveraging from disciplined working capital and a growing mix of higher-margin growth verticals.

Bear case

ABM Indus is facing a weak fundamental setup because its core business remains a highly competitive, low-moat, price-driven services model with limited ability to pass through wage inflation, while organic growth is expected to stay only around 3% and ROIC low for the foreseeable future. Although total revenue rose 4% y/y to $2.317B and adjusted EBITDA reached $140M, the quarter also showed softer quality with EBITDA missing on Technical Solutions project timing, segment operating margin guidance trimmed to 7.7%-7.8%, and adjusted EPS benefiting from a lower tax accrual rate rather than stronger operations. The company’s outlook is further constrained by high leverage after a recent acquisition, exposure to office weakness and labor tightness, and the risk that growth in Aviation and M&D may not fully offset the decline in B&I and execution volatility in project-based work.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.