Evercore ISI Sets $144 Target as Libre Assist AI Feature Debuts at CES 2026

ABTABT

Evercore ISI set a $144 price target for Abbott, implying roughly 16% upside from its current ~$124 trading level. At CES 2026, Abbott unveiled Libre Assist, an AI-based feature in its Libre app that predicts glucose impact before meals and offers personalized guidance, potentially boosting its diabetes care franchise.

1. ABT Outperforms Broader Market With Strong Session

In the latest trading session, ABT posted a 1.82% gain compared with a 0.65% rise in the S&P 500, marking its strongest relative performance in four weeks. Volume surged by 25% above its 30-day average, indicating heightened investor interest. Analysts attribute the move to renewed optimism around the company’s high-growth medical device division and anticipation of upcoming quarterly results.

2. Upcoming Fourth-Quarter Earnings Conference Call Details

Abbott will release its fourth-quarter 2025 results before markets open on January 22, followed by a live webcast of the conference call at 9:00 a.m. Eastern. Management is expected to discuss diagnostic segment revenue growth of approximately 8% year-over-year and margin expansion targets driven by cost-efficiency programs. The webcast and an archived replay will be available on the company’s investor relations website.

3. Launch of Libre Assist Signals Innovation in Diabetes Care

At CES® 2026, Abbott unveiled Libre Assist, an AI-driven feature within its Libre app that offers real-time guidance on how meal choices will impact glucose levels. The tool uses generative AI to predict glucose response, displays a color-coded risk rating, and leverages data from the FreeStyle Libre continuous glucose monitoring system to confirm outcomes. Investors view this enhancement as a catalyst for accelerating CGM adoption and increasing recurring revenue from digital services.

4. Analyst Price Target and Market Capitalization Outlook

Evercore ISI raised its price target on ABT to $144, implying roughly 16% upside from current levels. The firm highlighted the potential for Libre Assist to drive incremental sales in the diabetes care franchise and strengthen market share against peers such as Johnson & Johnson and Medtronic. With a market capitalization near $216 billion and expected low-single-digit revenue growth across diagnostic and nutrition segments, analysts forecast sustained free cash flow generation to support dividend increases and share repurchases.

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