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Abbott Laboratories Q1 2026 Earnings: $2B CGM Quarter, 65% Upside Priced In
Abbott Laboratories reported strong Q1 2026 earnings, with adjusted EPS of $1.15 and revenue of $11.16B. The company saw strong performance in Medical Devices, particularly Electrophysiology and Rhythm Management, and Continuous Glucose Monitoring reached $2B despite some temporary headwinds. The TIKR model suggests a 65% upside for ABT stock, pricing it at $150 against a current price of ~$91, based on expectations for accelerated growth in the second half of 2026 and successful integration of the Exact Sciences acquisition.