Abacus Global Management (NYSE:ABX) Updates Q2 2026 Earnings Guidance

Key Points

• Abacus updated Q2 2026 EPS guidance to $0.240–$0.26 (in line with the $0.240 consensus) and raised FY 2026 guidance to $1.00–$1.05 EPS, while notably providing no revenue guidance for Q2.
• Wall Street sentiment has cooled to an overall Hold rating (average price target $9.50) after several downgrades, including Piper Sandler cutting its target to $9.50 and Zacks moving to Hold.
• Shares traded down about 0.7% to $9.38 intraday; the company last reported $0.20 EPS on $59.39M revenue with a 19.2% ROE and 15.5% net margin.

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

Wall Street Analyst Weigh In

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

Abacus Global Management Stock Down 0.7%

ABX stock traded down $0.06 during midday trading on Thursday, reaching $9.38. 618,187 shares of the company's stock traded hands, compared to its average volume of 603,570. The business has a 50-day moving average of $9.07. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.69. Abacus Global Management has a 1-year low of $4.60 and a 1-year high of $10.53. The stock has a market cap of $905.16 million, a P/E ratio of 25.34 and a beta of 0.11.

Abacus Global Management (NYSE:ABX - Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.20 EPS for the quarter. The company had revenue of $59.39 million for the quarter. Abacus Global Management had a return on equity of 19.20% and a net margin of 15.53%.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. Equities research analysts forecast that Abacus Global Management will post 0.98 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new stake in shares of Abacus Global Management during the fourth quarter worth $30,000. New York State Common Retirement Fund bought a new stake in Abacus Global Management during the 4th quarter worth about $75,000. Police & Firemen s Retirement System of New Jersey acquired a new position in Abacus Global Management during the 4th quarter valued at about $83,000. Intech Investment Management LLC bought a new position in shares of Abacus Global Management in the 4th quarter valued at about $96,000. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of Abacus Global Management during the 4th quarter worth approximately $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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.