ABB Ltd. raised its 2026 revenue outlook after a sharp uptick in first‑quarter orders for data‑center power‑grid products. The Swiss manufacturer now projects comparable‑revenue growth of high single‑digit to low double‑digit year‑on‑year, up from its earlier 6%–9% guidance during a period of heightened global demand for data‑center infrastructure.

The surge reflects growing demand for grid‑connect solutions as cloud‑based workloads expand. ABB's power‑grid portfolio, which includes switchgear and protection devices, saw a 25% jump in orders versus the same period last year, according to Bloomberg Terminal data. Investors will watch the company’s earnings for signs of sustained momentum in the upcoming quarter results release later this year as market.

ABB's revised outlook lifts its valuation expectations, nudging analysts to raise price targets on the back of stronger operating margins. The company’s focus on renewable‑integrated grids positions it to benefit from global decarbonisation drives. Market participants will monitor how the firm translates higher sales into profitability amid tightening component costs and intense competition in the current economic environment and regulatory as investors weigh the impact of supply chain constraints on future growth.