Abacus Global Management (NYSE:ABX) Releases FY 2026 Earnings Guidance

Key Points

• Abacus updated its FY 2026 EPS guidance to 1.00–1.05, above the consensus of 0.98, and set Q2 2026 guidance at 0.240–0.26.
• Wall Street sentiment has softened to mostly "Hold", with an average price target of $9.50 and Piper Sandler cutting its target from $11.00 to $9.50.
• The stock traded at $9.38 (down 0.7%) with a market cap of about $905M and a PE of 25.34; the company reported Q1 EPS of $0.20 on revenue of $59.39M and has a debt/equity ratio of 0.69.

Abacus Global Management (NYSE:ABX - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.000-1.05 for the period, compared to the consensus estimate of 0.980. The company issued revenue guidance of -. Abacus Global Management also updated its Q2 2026 guidance to 0.240-0.26 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ABX shares. Zacks Research lowered Abacus Global Management from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 28th. Weiss Ratings began coverage on Abacus Global Management in a report on Thursday, January 29th. They issued a "hold (c-)" rating for the company. Wall Street Zen lowered shares of Abacus Global Management from a "buy" rating to a "hold" rating in a report on Saturday, May 2nd. Finally, Piper Sandler decreased their target price on shares of Abacus Global Management from $11.00 to $9.50 and set a "neutral" rating on the stock in a research report on Tuesday, April 7th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $9.50.

Abacus Global Management Trading Down 0.7%

NYSE:ABX traded down $0.06 on Thursday, hitting $9.38. 618,187 shares of the stock were exchanged, compared to its average volume of 603,570. Abacus Global Management has a fifty-two week low of $4.60 and a fifty-two week high of $10.53. The business has a fifty day moving average of $9.07. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.47 and a current ratio of 0.47. The stock has a market capitalization of $905.16 million, a PE ratio of 25.34 and a beta of 0.11.

Abacus Global Management (NYSE:ABX - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.20 earnings per share (EPS) for the quarter. Abacus Global Management had a net margin of 15.53% and a return on equity of 19.20%. The company had revenue of $59.39 million during the quarter. Abacus Global Management has set its Q2 2026 guidance at 0.240-0.26 EPS and its FY 2026 guidance at 1.000-1.05 EPS. As a group, analysts predict that Abacus Global Management will post 0.98 earnings per share for the current year.

Institutional Investors Weigh In On Abacus Global Management

Several hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. acquired a new position in Abacus Global Management during the 4th quarter worth approximately $30,000. New York State Common Retirement Fund acquired a new stake in Abacus Global Management in the fourth quarter valued at approximately $75,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in Abacus Global Management in the fourth quarter valued at approximately $83,000. Intech Investment Management LLC purchased a new stake in shares of Abacus Global Management during the fourth quarter valued at approximately $96,000. Finally, Axxcess Wealth Management LLC acquired a new position in shares of Abacus Global Management during the fourth quarter worth $98,000.

Abacus Global Management Company Profile

Abacus Life, Inc operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, holding, and/or servicing. The company was founded in 2004 and is based in Orlando, Florida.

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