On March 11, 2026, Maxim Group upgraded its outlook for ABM Industries (NYSE: ABM) from Hold to Buy. The average one-year price target for ABM Industries is projected to be $53.04 per share, indicating a potential upside of 29.81% from its last closing price of $40.86.
Key financial forecasts include an annual revenue projection of $8.636 billion, a decrease of 2.69%, and a non-GAAP EPS of 4.71, marking an increase of 18.77%. Institutional ownership has declined, with 409 funds reporting positions, down 36.88% from the previous quarter; total shares owned by institutions decreased by 23.92% to 59.487 million shares.
The put/call ratio for ABM is 0.78, suggesting a generally bullish market sentiment around the stock.
